Nutrien Earnings and Growth Outlook

Leading global Ag Retailer providing direct access to the grower in key agriculture regions of the world Retail Selling Locations Retail Proprietary Gross Margin As at December 31 US$ Millions US ■Canada ■Australia South America ■Crop Protection Crop Nutrients Seed & Other 2018 2022 Retail Adjusted EBITDA US$ Billions $2.3 $1.9 $1.4 $1.2 $1.2 1,605 $1.50 2018 2022 2,075 $2.1 $1.9 $1.45 759 1,223 Retail Focus Growth in proprietary products and selective tuck-ins Network optimization and digital initiatives Integration of recent Brazilian acquisitions 2018 2019 2020 2021 2022 1. Guidance provided in our news release dated November 1, 2023. 2023 Mid-Cycle Guidance Scenario² 2. Mid-cycle scenario as of August 2, 2023. 8

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