Nutrien Ltd (NYSE:NTR) BMO Global Metals, Mining and Critical Minerals Conference February 28, 2023 1:30 PM ET Company Participants Ken Seitz - President and Chief Executive Officer Conference Call Participants Joel Jackson - BMO Capital Markets Joel Jackson Okay. Well, people will filter in as the lunch is end. So let's kick off the fertilizer discussions at this conference. First, presenter this afternoon is Nutrien, it's the global -- the largest global fertilizer producer, also is a very large retail fa ...

Financial Data and Key Metrics Changes - Nutrien reported record earnings and cash flow in 2022, with adjusted EBITDA of nearly $6 billion in potash and $2.3 billion in Nutrien Ag Solutions [5][6][29] - The company returned $5.6 billion to shareholders through share repurchases and dividends [5] - Cash from operating activities is projected at $5.5 billion to $6.5 billion in 2023, with a conversion ratio estimated at around 75% without tax payment impacts [13] Business Line Data and Key Metrics Changes - Potash sales volumes guidance for 2023 is set at 13.8 million to 14.6 million tons, with potential to increase to around 50 million tons if demand surges [12] - Nitrogen earnings were supported by higher global benchmark prices, but sales volumes in Q4 were impacted by lower production and cautious buying [7] - Nutrien Ag Solutions experienced higher sales and gross margins across nearly all product categories, contributing to its strong adjusted EBITDA [29] Market Data and Key Metrics Changes - Global grain stocks to use ratio is at its lowest in over 25 years, indicating strong demand for crop inputs [8] - Potash exports from Belarus remain constrained, with shipments down more than 50% from the prior year [8] - North American potash inventories are estimated to be down 15% to 20% compared to the previous year [32] Company Strategy and Development Direction - Nutrien plans to invest approximately $3 billion in 2023 to sustain assets and advance high-return strategic growth initiatives [13] - The company aims to strengthen its retail network in Brazil and enhance digital capabilities [14] - Nutrien is focused on maintaining flexibility in production to meet market demand, particularly in potash [12][14] Management's Comments on Operating Environment and Future Outlook - Management highlighted the impact of geopolitical events on supply disruptions in agriculture and fertilizer markets [27] - The outlook for the business remains strong, with expectations of increased demand for crop inputs in 2023 [39] - Management noted that supply challenges are expected to persist into the near and medium term [41] Other Important Information - Nutrien completed 21 retail acquisitions in core geographies, focusing on expanding its network in Brazil [29] - The company is advancing sustainability initiatives, including a goal to reduce CO2 equivalent emissions by 1 million tons by the end of 2023 [7] Q&A Session All Questions and Answers Question: What signals are needed for demand and pricing before raising production and ramping up capacity? - Management indicated that they are monitoring supply disruptions and expect underlying supply challenges to persist into the near term [41] Question: What is the expectation for nitrogen pricing and potential supply chain issues? - Management acknowledged cautious buying patterns but expects significant volume movement once farmers begin fieldwork [43] Question: How does the company plan to achieve retail margins in a lower commodity price environment? - Management expects a reset in margins but believes proprietary products and strategic initiatives will support margin stability [50] Question: What is the outlook for global potash demand and why is it not returning to previous levels? - Management noted that while unconstrained demand could reach 70 million tons, supply constraints will limit shipments to 63 million to 67 million tons [77] Question: What is the status of inventory levels in key markets like India and China? - Management reported tight inventory levels in India and below-average levels in China, indicating strong demand for potash [81]

Exhibit 99.1 NYSE, TSX: NTR News Release February 15, 2023 – all amounts are in US dollars except as otherwise noted Nutrien Reports Fourth Quarter and Full-Year 2022 Results Delivered record net earnings, advanced strategic initiatives and returned $5.6 billion to shareholders in 2022. Expect strong market fundamentals in 2023 and announced a 10 percent increase in the quarterly dividend. SASKATOON, Saskatchewan - Nutrien Ltd. (TSX and NYSE: NTR) announced today its fourth quarter 2022 results, with net ea ...

Nutrien Ltd. (NYSE:NTR) Q3 2022 Earnings Conference Call November 3, 2022 10:00 AM ET Company Participants Jeff Holzman - Vice President of Investor Relations Ken Seitz - President and Chief Executive Officer Pedro Farah - Chief Financial Officer Mark Thompson - Chief Commercial Officer Jeff Tarsi - Executive Vice President and President of Global Retail Jason Newton - Chief Economist and Head of Market Research Chris Reynolds - Executive Vice President and President, Potash Conference Call Participants Joe ...

NYSE, TSX: NTR News Release November 2, 2022 – all amounts are in US dollars except as otherwise noted Nutrien Delivers Earnings Growth and Expects Strong Market Fundamentals in 2023 Nutrien revised full-year 2022 earnings guidance to reflect lower near-term potash sales volumes and prices; continue to advance strategic growth initiatives based on a positive multi-year view of the fundamentals. SASKATOON, Saskatchewan - Nutrien Ltd. (TSX and NYSE: NTR) announced today its third quarter 2022 results, with ne ...

Nutrien Ltd. (NYSE:NTR) Q2 2022 Results Conference Call August 4, 2022 10:00 AM ET Company Participants Jeff Holzman - VP, IR Ken Seitz - Interim President and CEO Pedro Farah - CFO Jason Newton - Head Economist Jeff Tarsi - SVP, Retail North America Raef Sully - EVP and CEO, Phosphate & Nitrogen Conference Call Participants Jacob Bout - CIBC Joel Jackson - BMO Capital Markets Steve Byrne - Bank of America Adam Samuelson - Goldman Sachs Steve Hansen - Raymond James P.J. Juvekar - Citigroup Christopher Parki ...

Exhibit 99.1 NYSE, TSX: NTR News Release August 3, 2022 – all amounts are in US dollars except as otherwise noted Nutrien Delivers Record First Half Earnings and Expects Strong Second Half Nutrien is accelerating growth initiatives and announces intention to complete its existing 10 percent share repurchase program in 2022 SASKATOON, Saskatchewan - Nutrien Ltd. (TSX and NYSE: NTR) announced today its second quarter 2022 results, with net earnings of $3.6 billion ($6.51 diluted net earnings per share), which ...

Investor Presentation Source 1 May 11, 2022 Forward Looking Statements 2 Forward-Looking Statements Certain statements and other information included in this presentation, including within "Outlook and Guidance", constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements") under applicable securities laws (such statements are often accompanied by words such as "anticipate", "forecast", "expect", "believe", "may", "will", "should", "estimate", "intend" ...

Financial Performance - Nutrien delivered strong Q1 2022 results, including net earnings of $1.4 billion [12], a significant increase of 941% compared to $133 million in Q1 2021 [18] - Adjusted EBITDA for Q1 2022 was $2.6 billion [14], up 224% from $806 million in Q1 2021 [18] - The company raised its full-year 2022 adjusted EBITDA guidance to a range of $14.5 to $16.5 billion [12] - Nutrien plans to return a minimum of $3 billion to shareholders through dividends and share repurchases in 2022 [12] - Adjusted net earnings per share increased by 831% to $2.70, and diluted net earnings per share increased by 1032% to $2.49 [15] Segment Performance - Retail adjusted EBITDA increased by 120% to $240 million in Q1 2022, compared to $109 million in Q1 2021 [18] - Potash adjusted EBITDA surged by 270% to $1.406 billion in Q1 2022, up from $380 million in Q1 2021 [18] - Nitrogen adjusted EBITDA increased by 232% to $995 million in Q1 2022, compared to $300 million in Q1 2021 [18] - Phosphate adjusted EBITDA increased by 146% to $239 million in Q1 2022, compared to $97 million in Q1 2021 [18] Market Dynamics and Outlook - The company is increasing potash production capability to approximately 15 million tonnes in 2022, a nearly 20% increase compared to 2020 [12] - Global potash demand is expected to be in the range of 60 to 65 million tonnes in 2022 [88] - Reduction of Eastern European exports has created significant supply tightness for fertilizers and crop commodities [52]

Nutrien Ltd. (NYSE:NTR) Q1 2022 Earnings Conference Call May 3, 2022 10:00 AM ET Company Participants Jeff Holzman - VP, IR Ken Seitz - Interim President and CEO Pedro Farah - CFO Jason Newton - Head Economist Jeff Tarsi - SVP, Retail North America Raef Sully - EVP and CEO, Phosphate & Nitrogen Conference Call Participants Andrew Wong - RBC Capital Markets Christopher Parkinson - Mizuho Securities Adam Samuelson - Goldman Sachs Joel Jackson - BMO Capital Markets Jacob Bout - CIBC Vincent Andrews - Morgan St ...