Mr. Richard Downey reports

DEREK PANNELL APPOINTED CHAIR OF AGRIUM'S BOARD

Agrium Inc.'s board of directors has appointed Derek Pannell, a veteran senior executive with deep experience across a wide array of industries, as board chair, effective at the conclusion of the annual meeting of shareholders.

Mr. Pannell joined Agrium in 2008 and has served as an independent director since that time. He is the past president and chief executive officer of Noranda Inc. and Falconbridge Ltd. In addition to his duties at Agrium, he serves as board chair of Brookfield Infrastructure Partners Ltd. (an asset management company).

Mr. Pannell is a graduate of the Imperial College of London, England, and the Royal School of Mines, London, England (ARSM). He is an engineer registered in Quebec and a fellow of the Canadian Academy of Engineering.

Victor Zaleschuk, who has served on Agrium's board since 2002 and as board chair since 2012, is retiring from the board after the annual general meeting of shareholders. Agrium's board of directors and leadership sincerely thank Mr. Zaleschuk for his years of invaluable experience, stewardship and guidance during a time of significant growth and sizable returns to shareholders of the company.