“We are responding to strong market fundamentals to ensure our customers have the crop inputs they need to feed a growing population. Our network of flexible production and extensive logistics is designed to provide reliable supply and we have a unique ability to be agile and respond to changing market conditions. Our potash asset portfolio is optimally positioned to meet customer needs and drive shareholder value,”

commented Ken Seitz, Nutrien’s Executive Vice President and CEO of Potash.

Domestic and offshore potash sales volumes are currently fully committed through September, based on our original production profile for 2021. Nutrien will be actively hiring additional employees and adapting its resources to help increase production across most of its potash mines, ramping up its Vanscoy facility in particular, and will ensure the highest safety standards are maintained in the process.

Nutrien expects these actions to result in upward revisions to potash-related guidance for the second half of 2021 from both a volume and EBITDA perspective, which will be addressed in second-quarter 2021 results. Nutrien continues to actively monitor the market and evaluate other potential options to further increase production if demand warrants it and may provide additional information in this regard at a later date.

Source: Nutrien

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This innovative technology allows workers to operate bulldozers safely from a few thousand feet away in an indoor control station, thereby physically removing them from potential risks.

Nutrien’s Aurora facility is the largest mining site to implement this non-line of sight remote-control system for D8 bulldozers.

“Upholding our core value of safety is a top priority, and the Cat Command for Dozing system helps to further enhance our safety processes. We’ve also experienced other benefits, such as a better environment for operators and improved productivity and reliability,”

said Mike Dirham, Vice President of Nutrien’s Phosphate Operations.

“We’re excited to continue using technology at our sites to improve our ability to reduce risks and reliably produce the phosphate products our customers need.”

In addition to keeping operators safe by getting them out of the dozers’ cabs, the system includes sophisticated software that monitors the grade of the terrain ahead and identifies avoidance zones.

Further, the system offers improved visibility with cameras that provide a 180-degree front, back and bird’s-eye view of the ground level conditions, along with lighting that reveals a greater field of vision for improved day and nighttime operation.

“Cat Command for Dozing remote control technologies enables users to run equipment from a remote location on or offsite, making work safer, more convenient and more comfortable,”

said Fred Rio, Worldwide Product Manager for Construction Digital & Technology, Caterpillar.

“Whether they choose the Cat Command console or station, users can have full control of the machine without exposing themselves to dust, noise, vibration or other hazards, which also results in increased productivity.”

Source: Nutrien

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Schmidt succeeds Chuck Magro, who is stepping down from his management and Board role at the company to pursue new opportunities. With Mr. Schmidt’s new role, Nutrien is also proud to announce that Russ Girling, former President and CEO of TC Energy, has been named Chair of the Nutrien Board of Directors. Magro will be available to the corporation until May 16, 2021 to facilitate a smooth transition.

“Mayo is a remarkable leader who is committed to our values of safety and integrity, our purpose and our strategy focussed on sustainably feeding the world,”

said Girling.

“Under his leadership, along with our deep and experienced executive leadership team and our 27,000 dedicated employees, the board is confident the company is well positioned to continue to grow and create enduring shareholder value.”

“The outlook for our business is exceptionally strong,”

said Schmidt.

“I look forward to leading the continued execution of Nutrien’s strategy and driving industry-leading performance across all our lines of business. Over the coming weeks, I will be connecting with our employees, valued customers and shareholders to continue building our positive momentum and our focus on advancing sustainable solutions to feed a growing planet.”

Schmidt brings over 30 years of agricultural business experience to his leadership of Nutrien. He joined the Agrium board of directors in 2012 and has served as Chair of Nutrien’s Board of Directors since May 2019. He previously served as President and Chief Executive Officer of Viterra, a Canadian globally diversified agri-business company that delivered agricultural and food ingredient products to customers in over 50 countries. He also held senior positions in other agricultural focussed companies such as ConAgra Grain, Canada and General Mills. Schmidt was also President and Chief Executive Officer of Hydro One Limited, Canada’s largest utility. He serves as a member of Washburn University’s Board of Trustees and Harvard’s Kennedy School’s Private and Public, Scientific, Academic and Consumer Food Policy Group and as a mentor for Catalyst Women on Board. Mr. Schmidt’s passion for agriculture started as a young boy, working on their fourth-generation family wheat and dairy farm in western Kansas.

“On behalf of the Board of Directors and everyone at Nutrien, I would like to thank Chuck for his contribution to our growth and success since he joined the company in 2009,”

said Girling.

“We wish Chuck all the best in his future endeavours.”

Magro said,

“I am very proud of the strong foundation we have built at Nutrien over the last several years. I am grateful for the dedication of our employees, and the important partnerships we have forged with our customers and stakeholders. I have enjoyed every moment of my time at Nutrien, and I wish the company and its people continued success. I look forward to working with Mayo over the coming weeks to support a seamless transition and to my next adventure.”

With Magro’s resignation from the Board, the Board has determined to reduce the number of directors from 12 to 11. The 11 other directors identified in Nutrien’s management proxy circular dated March 29, 2021 will stand for election at the Annual Meeting of Shareholders scheduled for May 17, 2021.

Source: Nutrien

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Nutrien also launched six commitments to address the challenge of sustainably feeding a growing global population while protecting the planet. The Feeding the Future Plan has action pathways to help transform agriculture by the year 2030:

• Enable growers to adopt sustainable and productive agricultural products and practices on 75 million acres globally
• Launch and scale a comprehensive Carbon Program, empowering growers and the agriculture industry to accelerate climate-smart agriculture and soil carbon sequestration while rewarding growers for their efforts
• Achieve at least a 30 percent reduction in greenhouse gas (GHG) emissions (Scope 1 + 2) per tonne of our products produced*
• Invest in new technologies and pursue the transition to low-carbon fertilizers, including blue and green ammonia
• Leverage our farm-focused technology partnerships and investments to drive positive impact in industry and grower innovation and inclusion
• Create new financial solutions for growers to strengthen social, economic and environmental outcomes in agriculture

The world’s population is expected to reach 10 billion people by the year 2050, and innovation is needed to increase food production for generations to come. The Feeding the Future Plan reflects Nutrien’s commitment to drive systemic change by helping to scale sustainable and inclusive agriculture. It also includes Nutrien’s commitment to set science-based climate emissions targets through the Science Based Targets initiative (SBTi).

Nutrien’s 2021 ESG Report is a valuable tool for investors and other stakeholders to review Nutrien’s key material ESG risks and opportunities.

Executive Commentary

Chuck Magro, President and CEO, Nutrien, said,

“Nutrien is focused on meeting the United Nations’ Zero Hunger Sustainable Development Goal in the coming decade by helping growers increase food production in a sustainable manner. Our 2030 commitments and ESG performance targets are ambitious, but necessary, which is why we are dedicated to working across our value chain on initiatives like our comprehensive Carbon Program to build a pathway forward that will help lead the next wave of agriculture’s evolution. This effort drives at the core of our strategy to feed more people, using less resources and with fewer emissions.”

“We know a collaborative effort is required to address climate change and feed the world. With a long-term goal to scale our programs and create real, lasting change, Nutrien is encouraging stakeholders to come together to evolve the systems and policies needed to address these challenges. As we strive to transform our food system, we encourage the sharing of information and pooling of resources for a new generation of systems-based solutions.”

“We take our role in feeding the future seriously. Our direction is clear. Join us on our journey,”

added Magro.

Nutrien will host an ESG stakeholder update to speak in more detail to our ESG plans and our comprehensive Carbon Program on May 17, 2021 in association with our Annual General Meeting.

Source: Nutrien

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The winners were chosen from three finalists for each challenge, after more than 100 international entries were received from agtech start-ups around the world.

The AGCO Challenge: New Sensing, Measurement and Edge Computing Technologies to Monetize Soil Insight and Carbon Sequestration

Winner: EarthOptics specializes in AI, machine learning, edge computing using mobile standoff sensors to detect, visualize, and mitigate soil compaction.

The Nutrien Challenge: Crop Input Technologies that Improve Nitrogen Use Efficiency, Increase Soil Carbon, and Improve Water Use Efficiency

Winner: CoteX Technologies offers soil degradable polymer coated seed fertilizers.

Six finalists were selected through an in-depth review and judging process, to present their solution to the judges and audience at the virtual World Agri-Tech on March 10.

Revealing the winner of the Nutrien Challenge were judges David Stanko, Head of AgTech Engagement, and Matt Marshall, Senior Director, Corporate Strategy. Commenting on the reasons for the Nutrien winning choice, Matt Marshall said:

“CoteX represents an exciting opportunity to evolve nutrient slow and controlled release nitrogen fertilizer products, offering significant potential cost savings at scale, and the flexibility to adapt both the composition and design polymer coatings to improve in field product performance, optimizing uptake of nitrogen by the crop and minimizing environmental loss and impact.”

Judging the final pitches for the AGCO Challenge were Seth Crawford, Vice President, Fuse Connected Services & Digital Customer Experience and Haley Engelberth, Global Sustainability Manager. Announcing the winner, Seth said:

“We believe that EarthOptics is delivering actionable insights today and the accuracy of less sampling will resonate with customers.”

Abigail Ryder, Program Director at World Agri-Tech said:

“It’s been a joy to see so much innovation flood in from around the globe. We’ve seen impactful solutions from start-ups with true potential to tackle some of the biggest challenges in world agriculture. They can’t do it alone, which is why we’ve been delighted to partner with Nutrien and AGCO on their two Innovation Challenges at the summit. Thanks again to both judging teams for their invaluable time, insights and commitment to supporting start-ups in their growth. Congratulations to the winners, and we’re excited to hear more from all the finalists in the future.”

The remaining four presenting finalists were: CloudAgronomics (USA), BPS Agriculture (USA), Soil Carbon Co. (Australia), SmartCloudFarming (Germany)

Source: World Agri-Tech

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The Board also approved the purchase of up to five percent of Nutrien’s outstanding common shares over a one-year period through a normal course issuer bid (NCIB). Any purchases will commence following the expiration of our current NCIB on February 26, 2021, and will be subject to acceptance by the Toronto Stock Exchange.

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 March 31, 2021.

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. Beneficial shareholders should contact their broker or other intermediaries to determine the ability and necessary steps involved in an election to change the currency of their dividend payment.

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

Source: Nutrien

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