Nutrien Ltd. · TSX:NTR
Nutrien — BMO 15th Annual Farm to Market Conference 2020
12 slides from Nutrien's conference presentation, May 13, 2020
Slide 1: BMO 15th Annual Farm to Market Conference
BMO 15th Annual Farm to Market Conference May 13, 2020
Slide 2: Forward Looking Statements
Forward Looking Statements 2 Certain statements and other information included in this document constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements") under applicable securities laws (such statements are often accompanied by words such
Slide 3: Leading Global Integrated Ag Solutions Provider
Leading Global Integrated Ag Solutions Provider 3 Nutrien has a unique global footprint, well positioned assets, strong cash flow & Balance Sheet North and South America >500,000 Grower accounts worldwide 40% Digitally enabled Retail sales LEGEND: in Q1’201 RETAIL GRANULATION POTASH LOVELAND PRODUCT
Slide 4: Multiple Opportunities Exist to Drive Continued Growth in Our Retail Business
Multiple Opportunities Exist to Drive Continued 4 Growth in Our Retail Business Strategy Priorities Key Growth Opportunities Consolidate Retail Continued execution of Retail tuck-ins Industry Expand retail footprint in high-growth Brazil market Focus on greenfield builds from high-value regions D
Slide 5: Stability & Growth in Retail Earnings
Stability & Growth in Retail Earnings 5 Retail margins and EBITDA have grown consistently despite challenging Ag market conditions & weather issues +5% CAGR +52% Increase $1,400-$1,500 $1,500 11% 10% $1,206 $1,231 $1,200 $1,119 $1,145 $1,091 $1,033 9.6% $986 9.5% $951 9.3% 9.3% 9% $900 $769 8.6% 8.5
Slide 6: Potash: Global Leader in Potash Production, Proven Flexibility and Supply Chain Benefits
Potash: Global Leader in Potash Production, 6 Proven Flexibility and Supply Chain Benefits Our focus in Potash is to strengthen our industry-leading position through further network optimization Potash Sales Volumes1 Million Tonnes Nutrien’s Potash Advantage 2020F Range Scale 12.1-12.5 11.5 • World’
Slide 7: Nitrogen: Well Positioned Assets
Nitrogen: Well Positioned Assets 7 Diverse asset base located in low-cost natural gas, and in-market transportation advantages generates strong margins and cash flow Nitrogen Sales Volumes1 Urea Cash Cost & Price Comparison Million Tonnes US$/mt 2020F Range $400 Feedstock Other Cost 10.9-11.5 2020 Y
Slide 8: Disciplined “Compete-for-Capital” Strategy Provides Efficient Allocation of Cash Flow Generated
Disciplined “Compete-for-Capital” Strategy Provides 8 Efficient Allocation of Cash Flow Generated Commitment to a stable and growing dividend, with a current yield of over 5%1 2019 Capital Allocation Dividends Paid Percent US$/Share $0.45 $0.43 Investing & $0.40 Other Sustaining Capital, Capital, 15
Slide 9: Nutrien Sustainability Strategy
Nutrien Sustainability Strategy 9 “Our integrated sustainability strategy is addressing our most material ESG risks and providing solutions for a growing world.” Nutrien President and CEO, Chuck Magro May 12, 2020 Source: Nutrien
Slide 10: 2020 Market Outlook Factors for Crop Input Market
2020 Market Outlook Factors for Crop Input Market 10 Limited Direct Impact Thus Far from COVID-19 on Nutrien’s Operations or Crop Input Demand US Spring Season 15M acre expected increase in seeded area in 2020 (+8M 1 corn & soybean acres), we are seeing strong crop input demand. Trade Deal Recent US
Slide 11: Nutrien: Leading Provider of Crop Inputs Globally
Nutrien: Leading Provider of Crop Inputs Globally 11 World Class Asset Portfolio with Broad Exposure to Ag Value Chain Leading Scale & Competitive Position Within Fertilizer Space Retail Platform Provides Stable & Growing Cash Flow Through the Ag Cycle Strong Balance Sheet, Stable and Growing Divide
Slide 12: Thank You!
Thank You! For further information, visit: www.nutrien.com twitter.com/nutrienltd facebook.com/nutrienltd linkedin.com/company/nutrien youtube.com/nutrien
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