Delivering Value through Organic and Tuck-in Growth

7 China and India Potash Inventory 29 N = Potash consumption has significantly exceeded shipments in both China and India in 2021, leading to a drawdown in inventories, which we expect to be supportive of shipments in those markets in 2022 China Potash Year-end Inventory India Port and Field Year-end Inventory Million Tonnes KCI ■ QSLI Other Producers ■Pipeline ■ Ports 1.0 Total Port and Field Inventory Million Tonnes KCI 29 6 0.8 5 3.4 0.6 2.8 4 T 2.5 0.8 0.4 0.7 3 0.9 2 2.2 1.3 0.2 0.3 1 1.8 0.7 0.4 0.0 2019 2020 2021 2019 2020 2021 March 2022 Source: CRU, Katana, Nutrien

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