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Nutrien Declares Quarterly Dividend of US$0.54 per Share

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Nutrien (TSX and NYSE: NTR) declared a quarterly dividend of US$0.54 per share, payable on July 19, 2024, to shareholders of record on June 28, 2024. The dividend will be paid in either US dollars or Canadian dollars based on the shareholder's location and account type. Registered shareholders can elect to change the currency of their dividend payments and enroll for direct deposit. All dividends are designated as eligible dividends under the Income Tax Act (Canada).

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SASKATOON, Saskatchewan--(BUSINESS WIRE)-- Nutrien Ltd. (TSX and NYSE: NTR) announced today that its Board of Directors has declared a quarterly dividend of US$0.54 per share payable on July 19, 2024, to shareholders of record on June 28, 2024.

Registered shareholders who are residents of Canada as reflected in Nutrien's shareholders register, as well as beneficial holders (i.e., shareholders who hold their common shares through a broker or other intermediary) whose intermediary is a participant in CDS Clearing and Depositary Services Inc. or its nominee, CDS & Co., will receive their dividend in Canadian dollars, calculated based on the Bank of Canada daily average exchange rate on June 28, 2024. Registered shareholders resident outside of Canada as reflected in Nutrien's shareholders register, including the United States, as well as beneficial holders whose intermediary is a participant in The Depository Trust Company or its nominee, Cede & Co., will receive their dividend in US dollars. However, registered shareholders of Nutrien may elect to change the currency of their dividend payments to US dollars or Canadian dollars, as applicable. In addition, Nutrien offers registered shareholders direct deposit by electronic funds transfer for dividend payments.

Registered shareholders may elect to change the currency of their dividend and enroll for direct deposit by contacting, Nutrien’s registrar and transfer agent, Computershare Investor Services Inc., directly (1-800-564-6253 or service@computershare.com). Beneficial shareholders should contact their broker or other intermediary to determine the ability and necessary steps involved in an election to change the currency of their dividend payment. For further details, please visit www.nutrien.com/investors/shareholder-information/dividends.

All dividends paid by Nutrien are, pursuant to subsection 89(14) of the Income Tax Act (Canada), designated as eligible dividends.

About Nutrien

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

Investor Relations

Jeff Holzman

Vice President, Investor Relations

(306) 933-8545

Media Relations

Megan Fielding

Vice President, Brand & Culture Communications

(403) 797-3015

www.nutrien.com

Source: Nutrien Ltd.

FAQ

When is Nutrien's quarterly dividend payment scheduled?

Nutrien's quarterly dividend payment of US$0.54 per share is scheduled to be paid on July 19, 2024.

How much is the quarterly dividend declared by Nutrien?

Nutrien has declared a quarterly dividend of US$0.54 per share.

How can registered shareholders change the currency of their dividend payments?

Registered shareholders can change the currency of their dividend payments by contacting Nutrien's registrar and transfer agent, Computershare Investor Services Inc., directly at 1-800-564-6253 or service@computershare.com.

What type of dividends are paid by Nutrien according to the Income Tax Act (Canada)?

All dividends paid by Nutrien are designated as eligible dividends under the Income Tax Act (Canada).

Nutrien Ltd.

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About NTR

as the largest producer of potash by capacity and one of the world’s largest producers of nitrogen and phosphate, we provide the three key nutrients growers need to produce healthier, more abundant crops. our retail operations serve growers in seven countries across three continents, with a history that goes back almost 50 years. with 1,500 locations across north america, australia and south america, and more than 3,300 crop advisors, we are the world's largest direct-to-grower provider of products, services and solutions. our commitment to innovation and technology, allow us to provide growers with the best products, advice and solutions to maximize yields and improve their bottom line. 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