Delivering Value through Organic and Tuck-in Growth slide image

Delivering Value through Organic and Tuck-in Growth

Retail Brazil Network Expansion: Targeting $100M Adj. EBITDA by 2023 N = 39 Continued execution of our Brazil growth strategy, expanding our Retail network and breadth of products and services offered Brazil Adjusted EBITDA US$ Million >$65 2021 -$100 2023 Target 1. These are supplementary financial measures. See the "Other Financial Measures" section. 2021 Announced Transactions BIO RURAL TERRANOVA Agronegócios e Consultoria BRA AGROQUÍMICA ✓ 25 years in Brazil 9 branches ✓ $40 million in sales 20 years in Brazil 9 branches $50 million in sales 25 years in Brazil $15 million in sales ✓ 100 pesticide registrations 2021 Status ~$550M Revenue >40 Retail locations -12% Adjusted EBITDA Margin¹ March 2022 Source: Nutrien
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