Feeding the Future

Notice to Investors Forward-Looking Statements Certain statements and other information included in this presentation, including within "Market Outlook", constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements") under applicable securities laws (such statements are often accompanied by words such as "anticipate", "forecast", "expect", "believe", "may", "will", "should", "estimate", "intend" or other similar words). All statements in this document, other than those relating to historical information or current conditions, are forward-looking statements, including, but not limited to: Nutrien's business strategies, plans, prospects and opportunities; our 2023 guidance and targets, including expectations regarding our adjusted net earnings per share and adjusted EBITDA (consolidated); expectations regarding our growth and capital allocation intentions, strategies and internal forecasts; advancement of strategic growth initiatives; capital spending expectations for 2023; our intention to complete share repurchases in 2023 and declare growing dividends, including the funds allocated thereto; expectations regarding performance of our operating segments in 2023 and beyond, including potash production and sales volumes and nitrogen production and sales volumes, our operating segment market outlooks and our expectations for market conditions and fundamentals in 2023 and beyond, and the anticipated supply and demand for our products and services, expected global market and industry conditions with respect to nutrient prices, planting season, planted acres, weather, crop prices, stock-to-use ratios, costs, grower margins and economics, grain and oilseed supplies, crop input expenditures, inventories, production, supply and demand, shipment scenarios, consumption and the impact of import and export volumes as well as restrictions and sanctions, natural gas curtailments and the war between Ukraine and Russia; growing and expanding our Retail network; the proposed Geismar clean ammonia project and progress thereof; the potential collaboration with EXMAR to evaluate building a low-carbon ammonia fuel marine vessel; Nutrien's ability to develop innovative and sustainable solutions initiatives and collaborate with partners, suppliers and NGOs to promote sustainable and productive agriculture; expectations regarding our sustainability, climate-change and ESG initiatives to promote sustainable and productive agriculture, including our 2030 greenhouse gas ("GHG") emissions and reduction of Scope 1 and 2 GHG emissions, including our plans, expectations and strategies with respect thereto; Nutrien's pursuit of opportunities relating to its low-carbon and clean ammonia; the deployment of N2O abatement projects and the reduction of CO2e emissions in nitrogen production; Nutrien's near-term focus on economically maximizing CO2 capture, utilization and storage; Nutrien's ability to deploy wind and solar energy at its facilities by the end of 2025; our ability to access renewable energy; expectations concerning future product and service offerings, including the planned expansion of our digital platform and new grower financial solutions; our intention to enhance our network footprint and deploy enabling capabilities; brownfield expansion projects, the expected impact on net saleable tonnes and progress and timing thereof; plans to expand our autonomous mining programs, purchase additional mining machines and advance predictive maintenance technology; our ability to increase our share of proprietary products and targets with respect to proprietary gross margin; acquisitions and divestitures and the anticipated benefits thereof; and expectations in connection with our ability to deliver returns to our shareholders. These forward-looking statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from such forward-looking statements. As such, undue reliance should not be placed on these forward-looking statements. All of the forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions referred to below and elsewhere in this presentation. Although we believe that these assumptions are reasonable, having regard to our experience and our perception of historical trends, this list is not exhaustive of the factors that may affect any of the forward- looking statements and readers should not place undue reliance on these assumptions and the forward-looking statements to which they relate. Current conditions, economic and otherwise, render assumptions, although reasonable when made, subject to greater uncertainty. The additional key assumptions that have been made include, among other things, assumptions with respect to our ability to successfully complete, integrate and realize the anticipated benefits of our already completed and future acquisitions and divestitures, and that we will be able to implement our standards, controls, procedures and policies in respect of any acquired businesses and to realize the expected synergies on the anticipated timeline or at all; that future business, regulatory and industry conditions will be within the parameters expected by us, including with respect to prices, expenses, margins, demand, supply, product availability, shipments, consumption, weather conditions, supplier agreements, availability and cost of labor and interest, exchange and effective tax rates; assumptions with respect to global economic conditions and the accuracy of our market outlook expectations for 2023 and in the future; assumptions with respect to our intention to complete share repurchases under our share repurchase programs, including the funding thereof, existing and future market conditions, including with respect to the price of our common shares, and compliance with respect to applicable limitations under securities laws and regulations and stock exchange policies; assumptions with respect to our ability to declare and pay dividends to shareholders and compliance with respect to applicable corporate laws; our expectations regarding the impacts, direct and indirect, of the conflict between Ukraine and Russia on, among other things, global supply and demand, energy and commodity prices, interest rates, supply chains and the global macroeconomic environment, including inflation; our expectations regarding any ongoing impacts, direct and indirect, of the COVID-19 pandemic on our business, customers, business partners, employees, supply chain, other stakeholders and the overall global economy; the adequacy of our cash generated from operations and our ability to access our credit facilities or capital markets for additional sources of financing; our ability to identify suitable candidates for acquisitions and divestitures and negotiate acceptable terms; our ability to maintain investment grade ratings and achieve our performance targets; our ability to successfully negotiate sales and other contracts; and our ability to successfully implement new initiatives and programs. In respect of our GHG emissions reduction commitment and other sustainability and climate-related initiatives and targets, we have made assumptions with respect to, among other things: that such target is achievable by deploying capital into N2O abatement at our nitric acid production facilities, energy efficiency improvements, carbon capture, utilization and storage, the use of natural gas to generate electricity and waste heat recovery; our ability to successfully deploy capital and pursue other operational measures, including the successful application to our current and future operations of existing and new technologies; the successful implementation by Nutrien of proposed or potential plans in respect thereof; projected capital investment levels, the flexibility of Nutrien's capital spending plans and the associated sources of funding; our ability to otherwise implement all technology necessary to achieve our GHG emissions reduction commitment and other sustainability and climate-related initiatives and targets; and the development, availability and performance of technology and technological innovations and associated expected future results. Note: All dollar amounts are stated in US dollars throughout the presentation unless otherwise noted. . . . 2