Nufarm Limited · ASX:NUF
Nufarm — Investor Day (September 2026)
33 slides from Nufarm's investor day presentation, Sep 28, 2026
Slide 1: Nufarm investor event presentation
© 2025 Nufarm Limited ASX Release – Company Announcement 2 8 Sep tember 2026 Nufarm investor event presentation Enclosed is the presentation to be delivered across today and tomorrow at Nufarm’s investor event by Nufarm Managing Director and Chief Executive Officer, Rico Christensen and other senior
Slide 2: Investor Days
Investor Days 28 & 29 September 2026
Slide 3: Disclaimer
Disclaimer General This presentation has been prepared by Nufarm Limited. The information contained in this presentation is for informational purposes only as at the date of this presentation on 28 September 2026. The information contained in this presentation is not investment or financial product
Slide 4: Welcome and the program's agenda
Welcome and the program’s agenda Day 1 Day 2 Monday 28 September 2026 Tuesday 29 September 2026 CEO presentation Nufarm Innovation Centre Strategy and business direction Crop Protection CFO presentation Nufarm Innovation Centre Financial performance and outlook Seed Technologies Field visit Site tou
Slide 5: Evolving Ag
Evolving Ag One strategy shaping Nufarm’s future Rico Christensen - CEO
Slide 6: About Nufarm
GROUP About Nufarm Nufarm is a global crop protection and seed technologies company that helps farmers and businesses meet the global needs of food, feed, fibre and fuel production. A$3b Revenue A$370 - 380m uEBITDA 1 3,100 employees CROP PROTECTION SEED TECHNOLOGIES CROP PROTECTION Resilient busine
Slide 7: Agriculture is evolving
GROUP Agriculture is evolving Creating new opportunities for differentiation and adaption to the bioeconomy Advantage is shifting from breadth to quality and Growers are paying for proven economic return differentiation Farmers face old, new and emerging pain points, under pressure In a market of un
Slide 8: Nufarm is positioned to meet the challenges of the future
GROUP Nufarm is positioned to meet the challenges of the future A sharper portfolio, partnered innovation and disciplined capital allocation driving higher, more durable returns. Selective in portfolio Focus the portfolio Source from start - ups, Investing into our high - and market choices , where
Slide 9: We are investing where we can win
GROUP We are investing where we can win We are investing behind proven returns and applying discipline where returns are not currently being delivered Crop Protection Seed Technologies FOCUSED INVESTMENT Seeds RETURNS PROVEN – GROWTH Market growth supported by continued need for food, feed, Markets
Slide 10: Crop protection is a market with opportunities
CROP PROTECTION Crop protection is a market with opportunities The crop protection market is large, with segments that offer growth and attractive returns Large, mature market We are focusing on higher growth and returning segments Differentiated resistance management solutions $80b Phenoxy herbicid
Slide 11: Nufarm crop protection
CROP PROTECTION Nufarm crop protection Crop protection has generated through the cycle growth and geographically diversified earnings Through the cycle growth Earnings diversification Strong positions Revenue 2 ✓ Australia ✓ New Zealand 4% ✓ Indonesia 5-year Revenue CAGR1 APAC North America Europe ✓
Slide 12: A clear focus on where and how we win
CROP PROTECTION A clear focus on where and how we win Focus where we have a right to win Innovation and differentiation Focusing on markets where a combination of Accessed through longstanding relationships portfolio strength, commercial relevance and enabling Nufarm to allocate capital as technical
Slide 13: By focusing on three crop systems, we align investment and resources to our strengths
CROP PROTECTION By focusing on three crop systems, we align investment and resources to our strengths Three crop systems represent a significant share of the global market and align with our portfolio strengths, are commercially relevant and offer real innovation opportunity. Portfolio strength 46%
Slide 14: By partnering, we access innovation with lower capital and higher commercial confidence
CROP PROTECTION By partnering, we access innovation with lower capital and higher commercial confidence We allocate capital as technical and commercial confidence increases WHY INNOVATORS PARTNER WITH NUFARM WHY IT MATTERS FOR NUFARM • Access to markets • Lower technical and commercial risk • Regula
Slide 15: Near term pipeline
CROP PROTECTION Near term pipeline Launch Years2 PROJECT MKT VALUE1 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2,4-D formulation lifecycle extension US$900 m Duplosan / Blackhawk & mixture formulations US$200 m Saracen / Paramount - broadleaf cereal herbicide US$210 m Terrain Flow -
Slide 16: Each region has a clear role in lifting returns
CROP PROTECTION Each region has a clear role in lifting returns One strategy, with regional priorities matched to strength and opportunity. ASIA PACIFIC EUROPE NORTH AMERICA Extend position & Translate performance Grow strong positions & focused growth improvement into improve returns in US profitab
Slide 17: A more focused and higher returning business
CROP PROTECTION A more focused and higher returning business Nufarm has strong competitive positions in large and growing markets Market Nufarm strategy Targeted Financial outcomes Growth and Focus where we Innovation and Higher margins returns have a right to win differentiation focused in Stronger
Slide 18: Seed Technologies
SEED TECHNOLOGIES Seed Technologies Seeds is today’s engine for returns and growth. Renewable oils leverages established capability into future growth. Plant science innovation drives on - farm That performance powers Those value chains deliver outcomes for performance value chains growers, industry
Slide 19: Structural demand provides a substantial runway for investment in Seed Technologies
SEED TECHNOLOGIES Structural demand provides a substantial runway for investment in Seed Technologies Human and animal Scarce land and ocean Decarbonisation nutrition resources Population growth and protein The global push to decarbonize is demand driving record food and transforming the energy land
Slide 20: Demand is increasing in crops where we are strong
SEED TECHNOLOGIES Demand is increasing in crops where we are strong Canola and sorghum sit at the intersection of three structural trends: renewable fuels, climate resilience and higher land - use intensity Supportive industry shifts Established Nufarm position and capability ✓ Canola and carinata a
Slide 21: Seeds is delivering strong returns and growth
SEEDS Seeds is delivering strong returns and growth Near term investment focused to grow southern hemisphere positions. US$4b canola, sorghum, and sunflower market1 Margins and growth Scalable Growth $252m • Where innovation meets execution: proprietary genetics, a commercial engine and FY25 Revenue
Slide 22: Seeds is a high-quality business
SEEDS Seeds is a high - quality business Established commercial expertise, protected by IP and technology, amplified by end - to- end relationships create a significant competitive advantage. Leading market positions 1 Established end - to - end capability Hard - to - replicate advantage Canola — Le
Slide 23: South America offers a growth runway for canola and sorghum
SEEDS South America offers a growth runway for canola and sorghum Australian canola and Brazilian sorghum show how growers reallocate area when economics, agronomics and demand align Shift to canola Shift to canola underway in Sorghum growing in Brazil p roven in Australia Argentina & Brazil 14.5% ~
Slide 24: Renewable Oils is well positioned to meet growing demand for low-carbon feedstocks
RENEWABLE OILS Renewable Oils is well positioned to meet growing demand for low - carbon feedstocks Carinata is favourably positioned amongst alternative feedstocks Mandates driving renewable fuel demand Carinata outperforms other feedstocks European Union Other mandates and targets 1 CORSIA default
Slide 25: Omega-3: disciplined approach to capitalise on long-term opportunity
RENEWABLE OILS Omega - 3: disciplined approach to capitalise on long - term opportunity Reset the cost and capital Deliver the Milestones Prove the Returns base Program resized to reduce Deliver regulatory approvals. Funding increases as near - term cash Establish competitive milestones are achieved
Slide 26: Capital discipline, cash generation and higher returns
Capital discipline, cash generation and higher returns Brendan Ryan - CFO 25
Slide 27: Capital deployment follows a disciplined allocation process
CAPITAL ALLOCATION & RETURNS Capital deployment follows a disciplined allocation process The Investment Envelope 01 02 03 Funding capacity and leverage determine how much capital is available. Fund the business Invest in growth Return surplus License - to- operate and Capital backs the strongest Sur
Slide 28: Our $50m cost savings program is on track
CAPITAL ALLOCATION & RETURNS Our $50m cost savings program is on track Actions are underway; the savings mix is weighted to cost of goods sold. Delivery Savings Mix Implementation $50m 60% 40% c.$15m COST SAVINGS COGS SG&A IMPLEMENTATION CASH COST Run rate by end FY27 The majority of the benefit sit
Slide 29: Four targets make progress measurable
CAPITAL ALLOCATION & RETURNS Four targets make progress measurable Disciplined capital spend, lower costs and improved cash flow and returns. Targets for FY26 – FY28 Through the cycle targets $50m Under $200m Positive Above WACC COST REDUCTION CAPEX FREE CASH FLOW ROFE Run rate by end FY27 FY26 and
Slide 30: Closing Comments
Closing Comments
Slide 31: We have a clear path to improved returns
CLOSING COMMENTS We have a clear path to improved returns Our priorities are being actively implemented, with early benefits emerging and future growth platforms progressing to plan Delivering now Cost and capital discipline to drive improvement in Refocused portfolio earnings, cash flow and returns
Slide 32: Strategy is underway and we are delivering
CLOSING COMMENTS Strategy is underway and we are delivering On track to deliver EBITDA growth and positive cash flow in FY26. 1H26 result FY26 expectations 1 Earnings, cash uEBITDA up 18% y/y EBITDA $370-380m, up approximately 25% flow and leverage reduction being Leverage down 20% y/y Leverage appr
Slide 33: Q&A
Q&A