Phosphate

Nutrien launches global search for long-term CEO and names Ken Seitz as interim leader The Board of Directors of Nutrien Ltd. the world's largest provider of crop inputs and services, announced today that Mayo Schmidt has left his position as President and CEO of Nutrien and has resigned from the Board. Ken Seitz, Executive Vice President and CEO of Potash, has been named the company’s interim CEO. Mr. Seitz ...

Nutrien launches global search for long-term CEO and names Ken Seitz as interim leader

The Board of Directors of Nutrien Ltd. (TSX and NYSE: NTR), the world's largest provider of crop inputs and services, announced today that Mayo Schmidt has left his position as President and CEO of Nutrien and has resigned from the Board. Ken Seitz, Executive Vice President and CEO of Potash, has been named the company's interim CEO. Mr. Seitz brings extensive global leadership experience in the agriculture and mining sectors and is well-positioned to progress the company's stated strategy and lead the integrated business during the transition.

"Nutrien has delivered exceptional results in 2021 and is well positioned to continue this strong momentum into 2022," said Russ Girling, Chair of the Nutrien Board of Directors. "Nutrien has a talented and deep executive team, and we are confident that Ken Seitz and this team will continue to build on the organization's record financial and operating performance."

"The Nutrien Board of Directors will work with an executive search firm to begin a global search to select a long-term leader that will take the company into its next phase, which will consider internal and external candidates," added Mr. Girling.

Mr. Seitz said, "I look forward to working with the executive leadership team, our tremendous employees and the Board of Directors to execute on our plan, continue this exciting progression across our business to serve our stakeholders, and deliver on our commitment to advance sustainable solutions to feed a growing world."

Mr. Seitz joined Nutrien as Executive Vice President and CEO of Potash in 2019. He brings over 25 years of global management experience working across more than 60 countries, with a deep background in the agriculture and mining sectors. As former President and CEO of Canpotex, one of the world's largest suppliers of Potash, Mr. Seitz has extensive experience in global fertilizer marketing and logistics and strong connections within the industry. He holds a Bachelor of Science in Agriculture, a Bachelor of Engineering, and a Master of Business Administration from the University of Saskatchewan. He is a Professional Engineer with the Association of Professional Engineers and Geoscientists of Saskatchewan and is a Professional Agrologist with the Saskatchewan Institute of Agrologists. Mr. Seitz also holds a Certificate in Management from the Stern School of Business at New York University.

"On behalf of the Board of Directors and the Nutrien team, I would like to thank Mayo Schmidt for his years of service to the organization. We wish him the best in his next endeavors," said Mr. Girling.

About Nutrien

Nutrien is the world's largest provider of crop inputs and services, playing a critical role in helping growers increase food production in a sustainable manner. We produce and distribute 27 million tonnes of potash, nitrogen and phosphate products world-wide. With this capability and our leading agriculture retail network, we are well positioned to supply the needs of our customers. We operate with a long-term view and are committed to working with our stakeholders as we address our economic, environmental and social priorities. The scale and diversity of our integrated portfolio provides a stable earnings base, multiple avenues for growth and the opportunity to return capital to shareholders.

Media Relations
Megan Fielding
Vice President, Brand & Culture Communications
(403) 797-3015
Media@nutrien.com

Investor Relations
Jeff Holzman
Vice President, Investor Relations
(306) 933-8545
Investors@nutrien.com

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Nutrien Announces Release Dates for Fourth Quarter 2021 Results and Conference Call

Nutrien Ltd (TSX and NYSE: NTR) announced today plans to release fourth quarter earnings results on Wednesday, February 16, 2022, after market close. Nutrien will host a conference call the following day, Thursday, February 17, 2022 at 10:00 a.m. EST to discuss and answer investor questions on fourth quarter results and the outlook.

To avoid delays in accessing our Q4 Earnings conference call, Nutrien has implemented Direct Event which will require participants to pre-register for the call online through the following link; http://www.directeventreg.com/registration/event/3664097 . Alternatively, callers can also pre-register by phone at 1-888-869-1189 and providing Conference ID 3664097. Once the registration is complete, a confirmation will be sent providing the dial in number and both the Direct Event Passcode and your unique Registrant ID to join this call. For security reasons, please do NOT share this information with anyone else. A webcast of the conference call and the presentation slides can be accessed by visiting Nutrien's website, https://www.nutrien.com/investors/events .

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  • Mr. Fuller joins AES-100 Inc. with a background in commercial and operational leadership as an executive at one of North America's largest environmental companies
  • Mr. Fuller's experience directly complements AES-100 Inc. with a more than decade of technical engineering, corporate development, and strategy experience at the world's largest fertilizer manufacturer and crop retailer

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Mr. Fuller brings diverse experience in executive leadership, operations, marketing/sales, and business development. Most recently, Mr. Fuller was Vice President, Western Canada for Terrapure Environmental (a subsidiary of GFL Environmental). He was directly accountable for the planning and performance of day-to-day operations with leadership accountability for developing multi-year strategies, business plans and the achievement of financial goals/objectives while driving improvements in EH&S and other supporting functional areas.

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all amounts are in US dollars

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