2022

Sustainability

Report

Contents

A message from our Managing

Director and CEO

3

Our performance

4

1 We are a global crop protection and seed

technology company

5

We are Nufarm

6

We contribute to sustainability

7

2

We pursue sustainable product

8

growth and innovation

We help farmers get more from

their land

9

We are innovating for a

sustainable future

10

We practise responsible product

stewardship

15

3

We are responding to

16

climate change

We are helping to solve for a

changing climate

17

Our progress on Taskforce on

Climate-related Financial

Disclosures (TCFD)

19

We are reducing our greenhouse

gas emissions

22

4

We are reducing our

environmental footprint

24

We take a risk-based approach

to environmental management

25

We strive to use materials

responsibly and avoid waste

26

We continue to reduce

air emissions

28

We have reduced our

energy consumption

29

We use water for production

30

We contribute to better

biodiversity outcomes

31

5

We prioritise health, safety

32

and wellbeing

We prioritise safety above all

33

We manage hazardous

chemicals responsibly

35

We continue to strive for our

zero injury goal

36

We make health and

wellbeing matter

37

6

We empower our people

38

Our workforce is global

39

We value inclusion, diversity

and equality

40

We attract and retain

diverse talent

42

We pursue positive labour relations 44

7

We conduct our business

45

with integrity

Our governance framework

demonstrates accountability

46

We have a skilled board

of directors

47

We promote responsible and

ethical behaviour

48

We have an integrated risk

management approach

50

We comply with laws

and regulations

51

8

Appendices

52

Material sustainability topics

53

Our approach to stakeholder

engagement

55

Entities included in this report

56

GRI content index

58

TCFD index

63

Restatements of information

64

Our ESG data

65

Assurance statements

84

About this report

The information in this report relates to Nufarm Limited and its wholly owned subsidiaries. Nufarm is publicly owned and listed on the Australian Securities Exchange (ASX), symbol NUF.

Nufarm prepares an annual sustainability report which aligns with our financial reporting year. The report covers the 12-month period ending

30 September 2022, which we refer to as 'FY22', '2022' or 'this year'.

This report was approved by Nufarm's board risk and compliance committee and published on 31 January 2023.

Our head office is:

Nufarm Ltd

103-105 Pipe Road Laverton North, VIC 3026 Australia

For information about this report, contact:

Phone +61 3 9282 1000

page 10

page 19

page 65

Our sustainable solutions

Our climate change disclosures

Our ESG data

Nufarm Limited | Sustainability Report 2022

2

A message from our Managing Director and CEO

"Nufarm is well-placed to deliver the agricultural innovation essential to enabling our industry to meet some of the world's most complex challenges."

The global challenge

During our financial year 2022, the world's population hit 8 billion and is growing by more than 200,000 people a day. A rising global population means we need to produce 56 per cent more food by 2050.

Accelerating agricultural innovation is essential to sustainably meeting the nutrition and energy needs of a growing population and rapidly changing economies. So too is utilising technology that has vastly improved agricultural productivity in recent decades that has helped feed billions, such as crop protection products.

Nufarm is well-placed to deliver the agricultural innovation essential to enabling our industry to meet some of the world's most complex challenges. Our solutions improve agricultural sustainability

by allowing farmers to produce more from existing farmland.

The challenge ahead of us is to strengthen the sustainability of agriculture without jeopardising the supply of food, fibre and fuel.

Progress in a year of disruptions

The world was impacted by significant global supply chain disruptions throughout 2022 due to the Ukraine conflict, severe weather events and coronavirus pandemic.

These disruptions highlight the importance of what we do: help farmers grow the crops that feed and clothe us and, increasingly, provide us with new sources of renewable energy. The disruptions also reminded us of the importance of strengthening food and fuel security to protect people's livelihoods and wellbeing.

We made tangible progress towards achieving our sustainability targets. We have reduced our greenhouse gas emissions by

13 per cent since FY20 as part of our efforts to reduce scope one and two emissions from our manufacturing sites.

We also progressed our climate disclosures in line with the Taskforce on Climate-related Financial Disclosures (TCFDs). Since FY20 we have lowered our environmental impact through hazardous waste and volatile organic compound emissions reductions of 14 per cent and 11 per cent, respectively. And the company continued to focus on ensuring our employees feel empowered and go home safely.

Beyond our operational improvements, we have made great progress in delivering innovative solutions to farmers to improve agricultural sustainability. In October 2022, and after years of development work, we launched our DropzoneTM herbicide specially formulated to manage spray drift, improve product efficacy and reduce the impact to off-target areas.

Our advanced seed technology such as Nuseed Carinata will help us meet the rapidly rising demand for renewable feedstocks that provide a low-carbon alternative to transition away from fossil fuels. Nuseed Carinata provides transport sectors, especially shipping and aviation, with a non-food, sustainable and scalable source of energy to help replace fossil fuels.

And our partnership with CROP.ZONE® has led to the development of an alternative solution to chemical-based weed control and crop desiccation, reducing the chemical load on the environment.

Meeting future needs

We have come a long way in harnessing the power of plant science to help farmers withstand the pressures of weeds, pests and diseases.

Crop protection products, for example, safeguard crops from the moment they are sown until they are harvested. These proven tools help farmers protect their crop yields from more than 40,000 species of weed and plant-eating insects. Protecting crops from these threats is important to the future of agricultural sustainability and preventing unnecessary food loss.

In 2023 and beyond, Nufarm and its partners will build on this legacy of innovation to pioneer new technology and develop new markets to accelerate the sustainable production of food, fibre and fuel.

Our 2022 sustainability report outlines our priorities, progress and plans as we continue on this journey. The report also includes additional disclosure against the Global Reporting Initiative (GRI) sustainability reporting standard and the Taskforce on Climate-related Financial Disclosures (TCFD).

Underpinning this report and our approach is a belief in technology, innovation and collaboration to advance sustainable agriculture and support farmer livelihoods. We look forward to working with diverse stakeholders to turn these formidable challenges into opportunities for people and the planet.

Greg Hunt

Managing Director and CEO

Nufarm Limited | Sustainability Report 2022

3

Our performance

Our purpose, to help our customers grow a better tomorrow, reflects our ambition to deliver a more sustainable future that benefits our customers, communities and the environment, with products that support sustainable agriculture.

This year we advanced our climate ambitions and made progress towards achieving our sustainability goals against our FY20 baseline.

Safety1

0.81

Lost time injury

frequency rate

3.07

Serious injury

frequency rate

Climate2

13% TCFD

Greenhouse gas emissions

Target: 30% reduction in our scope 1 and 2 emissions from our manufacturing sites by 2030

Progressed climate disclosures in line with Taskforce

on Climate-related Financial Disclosures

Environment3

14%

Hazardous waste

People

Target: 20% reduction by 2025

27%

11%

Volatile organic

compounds to air

79

Target: 25% reduction by 2025

5/10

ISO14001 Certification

Target: All manufacturing sites

certified by 2025 (excluding Cairo)

Women

Target: No less than 35% of either gender by 2025

Employee engagement

Goal: 78

Dynamic arrows compare FY22 performance with FY21

  1. The lost time injury frequency rate is the number of days of work lost due to workplace injury, per million hours worked. The serious injury frequency rate is the number of serious injuries per million hours worked. Both metrics include Nufarm employees and contractor injuries.
  2. Our greenhouse gas emissions target and our FY22 performance are absolute reductions across our crop protective manufacturing sites, from our FY20 baseline.
  3. Our hazardous waste and volatile organic compound emissions to air targets and our FY22 performance are absolute reductions across our crop protection manufacturing sites from our FY20 baseline.

Nufarm Limited | Sustainability Report 2022

4

2. We pursue sustainable product growth and innovation

3. We are responding to climate change

4. We are reducing our environmental footprint

5. We prioritise health, safety and wellbeing

6. We empower our people

7. We conduct our business with integrity

8. Appendices

1

We are a global crop

protection and seed

technology company

Nufarm Limited | Sustainability Report 2022 5

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Nufarm Ltd. published this content on 31 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2023 01:06:00 UTC.