NUFARM LIMITED — Director's Dealing 2021

Dec 16, 2021

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity:	Nufarm Limited
ABN:	37 091 323 312

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Gregory Allan Hunt
Date of last notice	26 November 2021

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct and indirect interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Not applicable
Date of change	Not applicable
No. of securities held prior to change	Direct: 90,513 ordinary shares Indirect: Our Barnyard P/L – GA Hunt Family Trust – 212,565 Ordinary Shares CPU Share Plans P/L – Trustee of Nufarm Global Incentive Share Plan - 257,755 Ordinary Shares Pacific Custodians P/L – Trustee of the Nufarm Global Share Plan – 4,014 Ordinary Shares
Class	Fully Paid ordinary shares
Number acquired	Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	Direct: 90,513 ordinary shares Indirect: Our Barnyard P/L – GA Hunt Family Trust – 212,565 Ordinary Shares CPU Share Plans P/L – Trustee of Nufarm Global Incentive Share Plan - 257,755 Ordinary Shares Pacific Custodians P/L – Trustee of the Nufarm Global Share Plan – 4,014 Ordinary Shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Not applicable

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Nature of interest

Issue of performance deferred rights (Deferred Rights) form part of Mr Hunt’s remuneration, as such they are issued for nil consideration. As disclosed in the Nufarm Ltd FY2021 Remuneration Report, in FY2021, Mr Hunt’s remuneration package includes three components being fixed annual remuneration (‘FAR’), a long term incentive opportunity and a short term incentive (STIP) opportunity consisting of a 50 per cent cash payment and a 50 per cent grant of Deferred Rights. Mr Hunt participated in the STIP in FY2021 and was assessed against an annual scorecard comprising Group Underlying Earnings Before Interest and Tax, Group Average Net Working Capital/Sales, reduction in Group cash SG&A as well as non-financial objectives. As outlined in the Remuneration Report, Mr Hunt achieved 141 per cent of his target opportunity. This means the value of his FY2021 STIP award will be $1,395,531, which will be delivered 50 per cent in cash and 50 per cent in Deferred Rights. Vesting of the Deferred Rights is subject to a two year service period.

Name of registered holder (if issued securities)

Not applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Date of change		17 December 2021
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed		Direct interest in 393,404 Performance Rights FY20 LTIP 159,456 Performance Rights FY21 LTIP 233,948 Performance Rights
Interest acquired		FY21 STI 145,890 Performance Rights
Interest disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation		$4.78 per Performance Right
Interest after change		Direct interest in 539,294 Performance Rights FY20 LTIP 159,456 Performance Rights FY21 LTIP 233,948 Performance Rights FY21 STI 145,890 Performance Rights

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?
If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

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