Mr. Tim Faveri reports

NUTRIEN RELEASES 2023 GLOBAL SUSTAINABILITY REPORT

Nutrien Ltd. released its global sustainability report today, detailing the company's performance and progress on its sustainability initiatives for the year ending 2023.

"Nutrien has a critical role to play in helping provide the food, fuel and fibre the world needs. In 2023, we continued to build strategic partnerships to help amplify our impact while refining our sustainability strategy to align with core business objectives that support both the environment and our people, customers, supply chain partners, communities and shareholders," said Tim Faveri, vice-president, sustainability and stakeholder relations.

Key highlights from the global sustainability report include:

• Measured, documented and calculated sustainable outcomes on approximately two million sustainably engaged acres in North America, South America and Australia;

• Completed its greenhouse gas emissions phase I abatement program which included a number of N2O abatement projects, energy and emission-efficiency upgrades, and tied in the company's second ammonia plant at its Redwater site to the Alberta Carbon Trunk Line to allow additional CO2 to be permanently sequestered;

• Developed its first validated pathway and verified GHG outcomes for grain crops in Canada, and verified GHG offsets and insets in the United States, based on grower data;

• Co-launched with Canadian business leaders the Canadian Alliance for Net Zero Agrifood (CANZA) with industry-leading peers, which aims to foster collaboration and innovation to reduce emissions in the agri-food value chain;

• Achieved 32-per-cent spend with local direct indigenous economic impact in Nutrien's potash operating segment, reflecting over $300-million of contract opportunities that support direct positive impact with indigenous communities and peoples;

• Achieved best record for total recordable injury frequency (TRIF) and maintained its best record for lost time injury frequency (LTIF) since Nutrien formed in 2018.

As the world's largest provider of crop inputs and services, Nutrien is positioned to drive long-term value creation through the integration of sustainability initiatives, from fertilizer production to grower practices in the field. Through innovation and collaboration, the company strives to improve its sustainability performance within its operations and provide sustainable agricultural solutions to support growers feeding a growing population.

About Nutrien Ltd.

Nutrien is a leading provider of crop inputs and services, helping to safely and sustainably feed a growing world. It operates a world-class network of production, distribution and ag retail facilities that positions the company to efficiently serve the needs of growers. Nutrien focuses on creating long-term value by prioritizing investments that strengthen the advantages of its integrated business and by maintaining access to the resources and the relationships with stakeholders needed to achieve its goals.

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