2015 Annual Integrated Report WHEN SOILS ARE HEALTHY… GRI

A Roadmap for Creating Value

At PotashCorp, we approach sustainability in an integrated manner by operating in a way that considers long-term value creation for all our stakeholders: employees, communities, customers, investors and others impacted by our business. We embed this principle into the five corporate goals that act as our roadmap for managing our business.

We strive to deliver a return to shareholders, as strong financial performance makes our other goals possible. We work to keep our people safe and engaged in their jobs. We partner with our customers to help them grow their businesses. And, we support our communities – contributing to prosperity and development, while minimizing any environmental impacts that can results from our operations.

Quite simply, we want to nourish potential – bringing forth the best in our company and in the lives of others

Our Approach to Reporting

PotashCorp’s Integrated Reporting Center (IRC) provides users with greater access to the information they require across all our public disclosure documents. In addition to the information contained in our stakeholder reports, the IRC incorporates supplementary performance data on our key priorities as well as provides the more detailed sustainability performance measures aligned to the Global Reporting Initiatives G4 reporting standards.

Global Reporting Initiative Reporting (GRI

Since 2002, PotashCorp has followed international guidelines for sustainability reporting set out by the Global Reporting Initiative (GRI). PotashCorp’s environmental, social and economic performance is aligned to the Global GRI G4 reporting standards. We have adopted GRI's framework as part of our company’s commitment to industry-leading transparency and accountability.

Our GRI Index is designed as a table of contents and will provide you with links to appropriate reporting sections throughout the IRC, related regulatory reports and other performance data. For those wishing for detailed social, economic and environmental data, our Performance Tables provide five years of data, accompanied by the Performance Disclosure section to explain certain data trends in more detail.

UN Global Compact

Aligning GRI with UNGC

The UN Global Compact (UNGC) is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labor, environment and anti-corruption.

Although we are not a signatory to the UNGC, we believe that our approach to doing business achieves the ten UNGC principles as demonstrated in our GRI G4 reporting as demonstrated in the table below:

Issue Area Global Compact Principle GRI Indicator

Human Rights 1 Businesses should support and respect the protection of internationally G4 HR2, HR7-HR10, HR12, SO1, SO2 proclaimed human rights; and

2 make sure that they are not complicit in human rights abuses. G4 HR1, HR10-11

Labor 3 Businesses should uphold the freedom of association and the effective G4 11, HR4, LA4 recognition of the right to collective bargaining;

4 the elimination of all forms of forced and compulsory labor; G4 HR6

5 the effective abolition of child labor; and G4 HR5

6 the elimination of discrimination in respect of employment and occupation. G4 10, EC5-EC6, LA1, LA3, LA9, LA11-LA13, HR3

Environment 7 Businesses should support a precautionary approach to environmental G4 EC2, EN1, EN3, EN8, EN15-EN17, EN20-EN21, challenges; EN27, EN31

8 undertake initiatives to promote greater environmental responsibilities; and G4 EN1-EN34 9 encourage the development and diffusion of environmentally friendly G4 EN6-EN7, EN19, EN27, EN31 technologies.

Anti-Corruption 10 Businesses should work against corruption in all its forms, including extortion G4 56-58, SO3-SO6 and bribery. G4 Index

Strategy and Analysis

General Standard Disclosure Disclosure UNGC Disclosures Description Location Principle

G4-1 Statement from the most senior decision-maker in the 2015 Annual Integrated Report: CEO Letter organization about the relevance of sustainability to the organization and it's strategy for addressing sustainability.

G4-2 Description of key impacts, risks, and opportunities 2015 Annual Integrated Report: How We Approach Risk

2015 Annual Integrated Report: Key Business Risks

Organizational Profile

General Standard Disclosure Disclosure UNGC Disclosures Description Location Principle

G4-3 Organization name Potash Corporation of Saskatchewan Inc.

G4-4 Primary brands, products, and services 2015 Annual Integrated Report: About Our Nutrients

G4-5 Location of headquarters 2015 10-K: General, Page 2

G4-6 Number of countries where the organization operates, 2015 Annual Integrated Report: Our Operations and names of countries with either significant operations or that are specifically relevant to the sustainability issues covered in the report

G4-7 Nature of ownership and legal form 2015 10-K: General, Page 2

G4-8 Markets served 2015 Annual Integrated Report: Our Potash Business

2015 Annual Integrated Report: Our Nitrogen Business

2015 Annual Integrated Report: Our Phosphate Business

G4-9 Scale of the organization 2015 Annual Integrated Report: Our Operations

2015 Annual Integrated Report: Company Overview

G4-10 Total number of employees 2015 GRI Social Performance Data: Workforce 6

G4-11 Percentage of employees covered by collective 2015 GRI Social Performance Data: Workforce 3 bargaining agreements

G4-12 Description of supply chain Supply Chain Management

Procurement

G4-13 Significant changes during the reporting period Permanent closure of Penobsquis, New Brunswick regarding size, structure, ownership or supply chain mine

G4-14 How the precautionary approach or principle is 2015 Annual Integrated Report: Key Business Risks addressed by the organization 2015 10-K: Environmental Matters, Pages 15-16 G4-15 List externally developed economic, social and United Nations’ Universal Declaration of Human Rights environmental charters, principles or other initiatives to and the International Labor Organization’s fundamental which the organization subscribes or endorses conventions; International Labor Organization’s Code of Practice on Recording and Notification of Occupational Accidents and Diseases

G4-16 List of membership associations Saskatchewan Mining Association, Canadian Business for Social Responsibility, The Fertilizer Institute, Canadian Fertilizer Institute, International Plant Nutrition Institute

Identified Material Aspects and Boundaries

General Standard Disclosure Disclosure UNGC Disclosures Description Location Principle

G4-17 Entities included in the organization's consolidated 2015 Annual Integrated Report: Financial Statement financial statements Note 2

G4-18 Process for defining report content 2015 Annual Integrated Report: What We Report and Why

G4-19 Priorities identified 2015 Annual Integrated Report: Top Priorities

G4-20 Boundaries – Internal 2015 Annual Integrated Report: Top Priorities

G4-21 Boundaries – External 2015 Annual Integrated Report: Top Priorities

G4-22 Effect of any restatements of information in previous No material restatements were made in the reporting reports and the reasons for such restatements year

G4-23 Significant changes from previous reporting in scope No significant changes from previous reporting of priorities

Stakeholder Engagement

General Standard Disclosure Disclosure UNGC Disclosures Description Location Principle

G4-24 List of stakeholder groups 2015 GRI Performance Disclosure: General – Stakeholder Engagement

G4-25 Basis for identifying and selecting stakeholders 2015 GRI Performance Disclosure: General – Stakeholder Engagement

G4-26 Approach to stakeholder engagement 2015 GRI Performance Disclosure: General – Stakeholder Engagement

G4-27 Topics raised through stakeholder engagement and 2015 GRI Performance Disclosure: General – response Stakeholder Engagement

Report Profile

General Standard Disclosure Disclosure UNGC Disclosures Description Location Principle

G4-28 Reporting period January 1 – December 31, 2015

G4-29 Date of most recent previous report December 31, 2014 G4-30 Reporting cycle Annual

G4-31 Contact for questions Contact Information

G4-32 In accordance option Aligned to comprehensive reporting

G4-33 External assurance policy Non-financial reporting is not externally assured

Governance

General Standard Disclosure Disclosure UNGC Disclosures Description Location Principle

G4-34 Governance structure 2015 Annual Integrated Report: How We Approach Governance

Sustainability Committee and Board Responsibility

G4-35 Process for delegating authority for economic, social Sustainability Committee and Board Responsibility and environmental topics

G4-36 Executive level positions responsible for economic, Sustainability Committee and Board Responsibility social and environmental topics

G4-37 Process for consultation between stakeholders and 2016 Proxy Circular: Stakeholder Outreach, Pages 33- highest governance body on economic, social and 34 environmental topics

G4-38 Composition of the highest governance body 2016 Proxy Circular, Pages 16,17,31

G4-39 Indicate whether the Chair of the highest governance 2016 Proxy Circular: Independent Board Chair, Page body is also an executive officer 17

G4-40 Nomination and selection process for the highest 2016 Proxy Circular: Corporate Governance and governance body and its committees Nominating Committee, Pages 29-34

G4-41 Process for the highest governance body to ensure 2016 Proxy Circular: Expectations of Directors and conflicts of interest are avoided and managed Director Independence, Pages 15-16

G4-42 Highest governance body's and senior executives 2016 Proxy Circular: Core Values, Code of Conduct roles in the development, approval and updating the and Governance Principles, Pages 14-15 organizations purpose, value or mission statements, strategies, policies, and goals

G4-43 Measures taken to develop and enhance the highest 2016 Proxy Circular: Director Education Activities, governance body's collective knowledge of economic, Pages 33 social and environmental topics

G4-44 Process for evaluation of the highest governance 2016 Proxy Circular: Core Values, Code of Conduct body's performance and Governance Principles, Pages 14-15

G4-45 Highest governance body's role in the identification of Sustainability Committee and Board Responsibility economic, social and environmental impacts, risks and opportunities

G4-46 Highest governance body's role in reviewing the 2016 Proxy Circular: Risk Management, Page 26 effectiveness of the organizations' risk management process for environmental, social and economic topics

G4-47 Frequency of the highest governance body's review of 2016 Proxy Circular: Risk Management, Page 26 economic, environmental and social impacts, risks, and opportunities

G4-48 Highest committee or position that formally reviews Sustainability Committee and approves the organization's sustainability report

G4-49 Process for communicating critical concerns to the 2016 Proxy Circular: Stakeholder Outreach, Pages 33- highest governance body 34

G4-50 Nature and total number of critical concerns that were PotashCorp does not report this information externally communicated to the highest governance body and the mechanisms used to address and resolve them

G4-51 Remuneration policies for the highest governance body 2016 Proxy Circular: Compensation, Page 37 and senior executives

G4-52 Process for determining remuneration 2016 Proxy Circular: Compensation, Page 37

G4-53 How stakeholder views are incorporated in 2016 Proxy Circular: Compensation, Page 37 remuneration

G4-54 Ratio of the annual total compensation for the PotashCorp does not report this information externally organization's highest paid individual in each country of significant operation to the median annual total compensation for all employees

G4-55 Ratio of percentage increase in annual total PotashCorp does not report this information externally compensation for the organization's highest-paid individual in each country of significant operations to the median percentage increase in annual total compensation for all employees

Ethics and Integrity

General Standard Disclosure Disclosure UNGC Disclosures Description Location Principle

G4-56 Organizations values, principles, standards and norms Core Values and Code of Conduct 10 of behavior

G4-57 Internal and external mechanisms for seeking advice Governance Policies 10 on ethical and lawful behavior, and matters related to organizational integrity

G4-58 Procedures for reporting concerns about unethical or Procedures for Reporting Complaints 10 unlawful behavior

Economic

Specific Standard Disclosure Disclosure UNGC Disclosures Description Location Principle

Economic Performance

G4-EC1 Direct economic value generated and distributed 2015 GRI Economic Performance Data: Economic Value Generated and Distributed

G4-EC2 Financial implications and other risks and opportunities 2015 10-K: Environmental Matters, Pages 15-16 7 due to climate change

G4-EC3 Coverage of defined benefits obligations 2015 Annual Integrated Report: Financial Statement Note 21 G4-EC4 Financial assistance received from governments 2015 Annual Integrated Report: Financial Statement Note 8

Market Presence

G4-EC5 Ratios of standard entry level wage by gender 2015 GRI Performance Disclosure: Labor – 6 Labor/Management Relations

G4-EC6 Proportion of senior management hired from the local Senior Management 6 community

Indirect Economic Impacts

G4-EC7 Development and impact of infrastructure investments Explore – Report to the Community – Fall 2015 and services supported Explore – Aboriginal Community Impact Update – Fall 2015

G4-EC8 Significant indirect economic impacts Explore – Report to the Community – Fall 2015

Explore – Aboriginal Community Impact Update – Fall 2015

Procurement Practices

G4-EC9 Proportion of spending on local suppliers at significant Procurement locations of operation

Environmental

Specific Standard Disclosure Disclosure UNGC Disclosures Description Location Principle

Materials

G4-EN1 Materials used by weight or volume 2015 GRI Performance Disclosure: Environment – 7, 8 Materials

2015 GRI Environment Performance Data: Materials

G4-EN2 Percentage of materials that are recycled input 2015 GRI Performance Disclosure: Environment – 8 materials Materials

Energy

G4-EN3 Energy consumption within the organization 2015 GRI Performance Disclosure: Environment – 7, 8 Energy

2015 GRI Environment Performance Data: Energy

G4-EN4 Energy consumption outside the organization 2015 GRI Performance Disclosure: Environment – 8 Energy

2015 GRI Environment Performance Data: Energy

G4-EN5 Energy intensity 2015 GRI Performance Disclosure: Environment – 8 Energy

2015 GRI Environment Performance Data: Energy

G4-EN6 Reduction of energy consumption 2015 GRI Performance Disclosure: Environment – 8, 9 Energy

2015 GRI Environment Performance Data: Energy G4-EN7 Reductions in energy requirements of products and 2015 GRI Performance Disclosure: Environment – 8, 9 services Energy

2015 GRI Performance Disclosure: Environment – Greenhouse Gas Emissions

Water

G4-EN8 Total water withdrawal by source 2015 GRI Performance Disclosure: Environment – 7, 8 Water

2015 GRI Environment Performance Data: Water

G4-EN9 Water sources significantly affected by withdrawal of PotashCorp is not aware of any of our operations 8 water significantly affecting any ecosystems, habitats or sources of water

G4-EN10 Percentage and total volume of water recycled and 2015 GRI Performance Disclosure: Environment – 8 reused Water

2015 GRI Environment Performance Data: Water

2015 Annual Integrated Report: SH&E Excellence

Biodiversity

G4-EN11 Operational sites owned, leased, managed in, or 2015 10-K, Pages 3,7,8 8 adjacent to protected areas and areas of high biodiversity value outside protected areas 2015 GRI Performance Disclosure: Environment – Biodiversity

G4-EN12 Significant impacts of activities, products, and 2015 10-K, Pages 15-17 8 services on biodiversity in protected areas and areas of high biodiversity value outside protected areas 2015 GRI Performance Disclosure: Environment – Biodiversity

G4-EN13 Habitats protected or restored 2015 Annual Integrated Report: SH&E Excellence 8

2015 GRI Performance Disclosure: Environment – Biodiversity

G4-EN14 Total number of IUCN red list species and national 2015 GRI Performance Disclosure: Environment – 8 conservation list species with habitats in areas Biodiversity affected by operations, by level of extinction risk

Emissions

G4-EN15 Direct Greenhouse Gas Emissions 2015 Annual Integrated Report: Non-Financial 7, 8 Performance

2015 GRI Performance Disclosure: Environment – Greenhouse Gas Emissions

2015 GRI Environment Performance Data: Emissions

G4-EN16 Indirect Greenhouse Gas Emissions 2015 GRI Performance Disclosure: Environment – 7, 8 Greenhouse Gas Emissions

2015 GRI Environment Performance Data: Emissions

G4-EN17 Other Indirect Greenhouse Gas Emissions PotashCorp does not track other indirect GHG 7, 8 emissions

G4-EN18 Greenhouse Gas Emissions Intensity 2015 GRI Environment Performance Data: Emissions 8

G4-EN19 Reduction of Greenhouse Gas Emissions 2015 Annual Integrated Report: Strategic Priorities and 8, 9 Targets – SH&E Excellence

G4-EN20 Emissions of ozone-depleting substances 2015 GRI Performance Disclosure: Environment – 7, 8 Emissions of Ozone-Depleting Substances

G4-EN21 NOx, SOx and other significant air emissions 2015 GRI Performance Disclosure: NOx, SOx, and 7, 8 Other Significant Air Emissions

2015 GRI Environment Performance Data: Emissions

Effluents and Waste

G4-EN22 Total water discharge by quality and destination 2015 GRI Performance Disclosure: Environment – 8 Discharges to Surface Water

2015 GRI Environment Performance Data: Water

G4-EN23 Total weight of waste by type and disposal method 2015 GRI Performance Disclosure: Environment – 8 Waste

2015 GRI Environment Performance Data: Waste

G4-EN24 Total number and volume of significant spills 2015 Annual Integrated Report: Non-Financial 8 Performance

2015 GRI Environment Performance Data: Compliance

G4-EN25 Weight of transported, imported, exported or treated PotashCorp is in compliance with the Basel 8 waste deemed hazardous under the terms of the Basel Convention Annex I, II, III and VIII. Convention Annex I, II, III and VIII

G4-EN26 Identify, size, protected status and biodiversity value 2015 10-K: Environmental Matters, Pages 15-16 8 of water bodies and related habitats significantly affected by the organization's discharges of water and runoff

Products and Services

G4-EN27 Extent of impact mitigation of environmental impacts 2015 10-K: Environmental Matters, Pages 15-16 7, 8, 9 of products and services 2015 Annual Integrated Report: Strategic Priorities and Targets – SH&E Excellence

G4-EN28 Percentage of products sold and their packaging Not Applicable 8 materials that are reclaimed

Compliance

G4-EN29 Monetary value of significant fines and total number of 2015 GRI Performance Disclosure: Environment – 8 non-monetary sanctions for non-compliance with Compliance environmental laws and regulations 2015 GRI Environment Performance Data: Compliance

Transport

G4-EN30 Significant environmental impacts of transporting 2015 GRI Performance Disclosure: Environment – 8 products and other goods and materials for the Transport organization's operations 2015 GRI Environment Performance Data: Compliance

Overall

G4-EN31 Total environmental protection expenditures 2015 GRI Environment Performance Data: 7, 8, 9 Environmental Costs

Supplier Environmental Assessment

G4-EN32 Percentage of new suppliers that were screened using Procurement 8 environmental criteria G4-EN33 Significant actual and potential negative environmental Procurement 8 impacts in the supply chain and actions taken

Environmental Grievance Mechanisms

G4-EN34 Number of grievances about environmental impacts PotashCorp does not report this information externally 8 filed, addressed, and resolved through formal grievance mechanisms

Social: Labor Practices and Decent Work

Specific Standard Disclosure Disclosure UNGC Disclosures Description Location Principle

Employment

G4-LA1 Total number and rates of new employee hires and 2015 GRI Performance Disclosure: Labor – 6 employee turnover Employment

2015 GRI Social Performance Data: Workforce and Employee Relations

G4-LA2 Benefits provided to full-time employee that are not 2015 GRI Performance Disclosure: Labor – provided to temporary or part-time employees Employment Benefits

G4-LA3 Return to work rates after parental leave PotashCorp does not track return to work rates after 6 parental leave

Labor/Management Relations

G4-LA4 Minimum notice periods regarding operational changes 2015 GRI Performance Disclosure: Labor – 3 Labor/Management Relations

Occupational Health and Safety

G4-LA5 Percentage of total workforce represented in formal 2015 GRI Performance Disclosure: Labor – joint management-worker health and safety Occupational Health and Safety committees that help monitor and advise on occupational health and safety programs 2015 GRI Social Performance Data: Union Membership

G4-LA6 Type of injury and rates of injury, occupational 2015 GRI Performance Disclosure: Labor – diseases, lost days, and absenteeism, and total Occupational Health and Safety number of work-related fatalities, by region and by gender 2015 GRI Social Performance Data: Health and Safety

G4-LA7 Workers with high incidence or high risk of diseases 2015 GRI Performance Disclosure: Labor – related to their occupation Occupational Health and Safety

G4-LA8 Health and safety topics covered in formal agreements 2015 GRI Performance Disclosure: Labor – with trade unions Occupational Health and Safety

Training and Education

G4-LA9 Average hours of training per year per employee by 2015 GRI Social Performance Data: Employee 6 gender and by employee category Relations

G4-LA10 Programs for skills management and life long learning 2015 GRI Performance Disclosure: Labor – Training and Education

2015 GRI Social Performance Data: Tuition Reimbursement

G4-LA11 Percentage of employees receiving regular 2015 GRI Performance Disclosure: Labor – Training 6 performance and career development reviews and Education

Diversity and Equal Opportunity

G4-LA12 Composition of governance bodies and breakdown of 2015 GRI Social Performance Data: Diversity 6 employees per employee category

Equal Remuneration For Women and Men

G4-LA13 Ration of basic salary and remuneration of women to PotashCorp does not report this information externally 6 men by employment category

Supplier Assessment For Labor Practice

G4-LA14 Percentage of new suppliers that were screened using 2015 GRI Social Performance Data: Governance labor practices criteria Procurement

G4-LA15 Significant actual and potential negative impacts for Procurement labor practices in the supply chain and actions taken

Labor Practices Grievance Mechanism

G4-LA16 Number of grievances about labor practices filed, 2015 GRI Performance Disclosure: Labor – Labor addressed and resolved through formal grievance Practice Grievance Mechanisms mechanisms

Social: Human Rights

Specific Standard Disclosure Disclosure UNGC Disclosures Description Location Principle

Investment

G4-HR1 Total number and percentage of significant investment Not Available 2 agreements and contracts that include human rights clauses or that underwent human rights screening

G4-HR2 Total hours of employee training on human rights 2015 GRI Performance Disclosure: Human Rights – 1 policies or procedures concerning aspects of human Human Rights Training and Security Practices rights that are relevant to operations, including the percentage of employees trained 2015 GRI Social Performance Data: Governance

Non-Discrimination

G4-HR3 Total number of incidents of discrimination and 2015 GRI Performance Disclosure: Human Rights – 6 corrective action taken Non-Discrimination

Freedom of Association and Collective Bargaining

G4-HR4 Operations and suppliers identified in which the right to 2015 GRI Performance Disclosure: Labor – 3 exercise freedom of association and collective Labor/Management Relations bargaining may be violated or at significant risk, and measures taken to support these rights

Child Labor

G4-HR5 Operations and suppliers identified as having 2015 GRI Performance Disclosure: Human Rights – 5 significant risk for incidents of child labor, and Prevention of Forced, Compulsory or Child Labor measures taken to contribute to the effective abolition of child labor

Forced or Compulsory Labor G4-HR6 Operations and suppliers identified as having 2015 GRI Performance Disclosure: Human Rights – 4 significant risk for incidents of forced or compulsory Prevention of Forced, Compulsory or Child Labor labor, and measures to contribute to the elimination of all forced or compulsory labor

Security Practices

G4-HR7 Percentage of security personnel trained in the 2015 GRI Performance Disclosure: Human Rights – 1 organization's human rights policies or procedures that Human Rights Training and Security Practices are relevant to operations

Indigenous Rights

G4-HR8 Total number of incidents of violations involving rights 2015 GRI Performance Disclosure: Human Rights – 1 of indigenous peoples and actions taken Indigenous Rights

Assessment

G4-HR9 Total number and percentage of operations that have 2015 GRI Performance Disclosure: Human Rights – 1 been subject to human rights reviews or impact Assessment and Remediation assessments

Supplier Human Rights Assessment

G4-HR10 Percentage of new suppliers that were screened using 2015 GRI Social Performance Data: Governance 2 human rights criteria

G4-HR11 Significant actual and potential negative human rights Procurement 2 impacts in the supply chain and actions taken

Human Rights Grievance Mechanisms

G4-HR12 Number of grievances about human rights impacts 2015 GRI Performance Disclosure: Human Rights – 1 filed, addressed, and resolved through formal Assessment and Remediation grievance mechanisms

Social: Society

Specific Standard Disclosure Disclosure UNGC Disclosures Description Location Principle

Local Communities

G4-SO1 Percentage of operations with implemented local PotashCorp does not report this information externally 1 community engagement, impact assessments, and development programs

G4-SO2 Operations with significant actual and potential Not Available 1 negative impacts on local communities

Anti-Corruption

G4-SO3 Total number and percentage of operations assessed 2015 GRI Performance Disclosure: Society – Anti- 10 for risks related to corruption and the significant risks Corruption identified

G4-SO4 Communication and training on anti-corruption policies 2015 GRI Performance Disclosure: Society – Anti- 10 and procedures Corruption

2015 GRI Social Performance Data: Governance

G4-SO5 Confirmed incidents of corruption and actions taken 2015 GRI Performance Disclosure: Society – Anti- 10 Corruption Public Policy

G4-SO6 Total value of political contributions by country 2015 GRI Performance Disclosure: Society – Public 10 Policy

2015 GRI Social Performance Data: Governance

Anti-competitive Behavior

G4-SO7 Total number of legal actions for anti-competitive 2015 10-K: Legal Proceedings, Page 23 behavior, anti-trust, and monopoly practices

Compliance

G4-SO8 Monetary value of significant fines and total number of 2015 10-K: Legal Proceedings, Page 23 non-monetary sanctions for non-compliance with laws and regulations

Supplier Assessment for Impacts on Society

G4-SO9 Percentage of new suppliers screened using criteria for 2015 GRI Social Performance Data: Governance impacts on society

G4-SO10 Significant actual and potential negative impacts on 2015 GRI Social Performance Data: Governance society in the supply chain and actions taken

Grievance Mechanisms for Impacts on Society

G4-SO11 Number of grievances about impacts on society filed, PotashCorp does not report this information externally addressed, and resolved through formal grievance mechanisms

Social: Product Responsibility

Specific Standard Disclosure Disclosure UNGC Disclosures Description Location Principle

Customer Health and Safety

G4-PR1 Percentage of significant product and service Not Available categories for which health and safety impacts are assessed for improvements

G4-PR2 Total number of incidents of non-compliance with 2015 GRI Performance Disclosure: Product regulations and voluntary codes concerning the health Responsibility – Customer Health and Safety and safety impacts of products and services during their life cycle

Product and Service Labeling

G4-PR3 Type of product and service information required by 2015 GRI Performance Disclosure: Product the organization's procedures for product and service Responsibility – Product and Service Labelling information and labelling, and percentage of significant product and service categories subject to such information requirements

G4-PR4 Total number of incidents of non-compliance with 2015 GRI Performance Disclosure: Product regulations and voluntary codes concerning product Responsibility – Customer Health and Safety and service information and labelling 2015 GRI Social Performance Data: Governance

G4-PR5 Results of surveys measuring customer satisfaction 2015 Annual Integrated Report: Strategic Priorities & Targets – Customer & Market Development

Marketing Communications G4-PR6 Sale of banned or disputed products None

G4-PR7 Total number of incidents of non-compliance with 2015 GRI Performance Disclosure: Product regulations and voluntary codes concerning marketing Responsibility – Customer Health and Safety communications, including advertising, promotion and sponsorship

Customer Privacy

G4-PR8 Total number of substantiated complaints regarding 2015 GRI Performance Disclosure: Product breaches of customer privacy and losses of customer Responsibility – Customer Privacy data

Compliance

G4-PR9 Monetary value of significant fines for non-compliance 2015 GRI Performance Disclosure: Product with laws and regulations concerning the provision of Responsibility – Compliance products and services 2015 10-K: Facility and Product Security, Page 17 Performance Data

This disclosure provides supporting information and discussion of PotashCorp’s 2015 general, social and environmental performance data.

General

Stakeholder Engagement

(G4 24-27)

At PotashCorp, we approach sustainability in an integrated manner, operating in a way that considers long-term value creation for all our stakeholders: employees, communities, customers, investors and others impacted by our business.

INVESTORS

How we engage:

Host meetings, have regular dialogue, attend and present at conferences and provide tours of operations Provide extensive web resources and reporting tools that seek to improve understanding of our industry and our company Conduct an annual survey to understand how shareholders and analysts view the company and other considerations that influence their investment decisions

What matters:

Growing earnings and cash flow while minimizing volatility Strategic use of capital to enhance shareholder returns Management of major business and operational risks

CUSTOMERS

How we engage:

Host customer meetings, dialogue regularly and assign individual customer service representatives to address quality and service needs Produce newsletters and online tools to provide information on fertilizer research and trends Conduct an annual survey assessing PotashCorp’s performance in the areas of customer service, product quality, market knowledge and competitive pricing

What matters:

Product quality and competitive pricing Customer service, including reliability and knowledgeable sales representatives

COMMUNITIES

How we engage:

Engage with local officials, community groups and advisory panels to discuss specific issues and host tours and events to improve understanding of our business Share information about the company, our operations and various other initiatives that impact our communities Conduct an annual survey to assess the perception of PotashCorp’s performance in the areas of community involvement, business practices and economic impact

What matters:

Economic and social contributions, including jobs, local procurement, taxes and community investment Safe operations with minimal environmental impact

EMPLOYEES

How we engage:

Encourage cross-functional teams to communicate and share ideas through formal and informal channels. Provide corporate- and site-specific newsletters and meetings to update employees about operations, safety, community and other important news Conduct a biennial survey to measure job satisfaction, attitudes toward supervisory relationships, and understanding of PotashCorp’s strategy and how it is connected to the employee’s role

What matters:

Safe work environment Career growth and development opportunities Competitive compensation

Environment

Materials

(G4 EN1, EN2) Our potash products are produced by processing raw potash ore mined from underground deposits. The amount of ore processed depends on the level of finished production, ore composition and milling recovery rates. In 2015, moderately higher potash production levels resulted in an 8 percent increase in mined potash ore compared to 2014.

In our phosphate business, phosphate rock is mined predominately from underground deposits at our White Springs and Aurora operations. We also utilize other raw materials in the production of finished phosphate products. Sulfur is used to make sulfuric acid and is required in all our phosphate products. Limestone is consumed to produce monocalcium phosphate (monocal) and dicalcium phosphate (dical). It is mined at our Weeping Water plant in Nebraska and is also purchased from other locations. The amount of each material used is largely based on production levels for each of the finished products. While phosphate rock production increased 9 percent, there were no significant changes in phosphoric acid (P2O5) and phosphate feed production in 2015 compared to 2014.

Natural gas is used in production processes at all of our facilities, and as a feedstock in ammonia that is used in certain phosphate fertilizer products. However, the majority (94 percent in 2015) of our usage occurs in our nitrogen segment. Marginally lower nitrogen production levels in 2015 resulted in a 6 percent decrease in natural gas consumption from 2014.

Most of our raw materials are mined or are basic manufactured products, which limits our use of recycled materials. An exception is recovered sulfur used in phosphoric acid production. Recovered sulfur is produced in connection with oil refining and natural gas production. All our processes are engineered to reuse and recover as much in- process material as is reasonably possible in making our final products.

Energy

(G4 EN3-EN6)

PotashCorp uses energy in mine and milling processes, in chemical and manufacturing operations, and in on-site transportation. In 2015 our operations consumed energy from outside sources by burning fossil fuels (39 percent), by reforming natural gas to make ammonia (54 percent) and by purchasing electricity (7 percent). Direct energy use decreased by 2 percent year-over-year in 2015, with relatively flat potash and nitrogen production.

We recover heat that would otherwise be wasted and convert it into steam, which is used to directly drive our processes or to produce electricity (cogeneration). In 2015, the total waste heat reused was 66,000 TJs or 27 percent of all the energy used to run our processes, a 2 percent decrease year-over-year due to marginally lower nitrogen and phosphate production levels.

Examples of Cogeneration and Waste Heat Recovery

White Springs This Florida phosphate operation has 19 MW of cogeneration capacity. It uses excess heat from operations to generate enough electricity and steam to supply nearly all its chemical manufacturing operations.

Aurora This North Carolina facility has 54 MW of cogeneration capacity.

Augusta A gas turbine from this Georgia plant produces mechanical power equivalent to 19 MW. Heat from the gas turbine is recovered for internal steam and process use.

Trinidad A generator with 17 MW capacity produces all the electricity needs for the newest ammonia plant at this facility. The generator is driven by excess heat from the ammonia plants.

Cory This Saskatchewan potash plant takes steam from a nearby cogeneration plant (SaskEnergy/Atco joint venture) that produces electricity and steam. The purchased steam replaces a less efficient direct-fired boiler.

Patience Lake This potash plant in Saskatchewan recovers heat from the recovery brine pumped from the mine, reducing fuel usage.

Lima This Ohio nitrogen plant uses a gas turbine driver to recover the equivalent of 9 MW of electrical power. Excess heat energy from exhaust gases is recovered in the ammonia-reforming process.

Geismar This Louisiana facility recovers heat from the sulfuric acid operations and uses it to help run its other processes. It also provides steam to another company.

Our Aurora, White Springs and Trinidad operations generate electricity by recapturing heat from their production processes and use it to generate steam to conserve energy.

Indirect energy usage is the energy consumed at the electricity provider to produce the electricity we purchase. In 2015, indirect energy usage was flat mainly due to relatively flat production levels.

Water (G4 EN8, EN10)

Our operations withdraw fresh water from rivers, aquifers and municipalities. The water we withdrew for our phosphate operations accounted for 53 percent of our company- wide usage in 2015. To minimize water loss, most of our phosphate facilities recycle process water in a closed loop. Our company-wide water recycling rate was 91 percent in 2015.

Our company-wide fresh water use per tonne of product was relatively flat in 2015 compared to 2014. While our water usage per tonne was mainly unchanged in 2015, we believe we are on track to reduce water consumption per tonne of phosphate product by 10 percent by 2018, compared to 2014 levels by implementing the Eagle Creek water recycling project at our White Springs facility.

Biodiversity

(G4 EN11-EN14)

Phosphate mining causes our largest land impacts, including on wetlands at Aurora and White Springs. PotashCorp’s permits and agreements with federal, state and local authorities often require us to preserve sensitive lands from impacts by mining, to enhance or restore lands and to grant conservation easements, conduct off-site mitigation and make defined contributions for acquisition of environmentally sensitive lands in the regions.

Our mining permits require mitigation of all wetlands disturbed by our mining operations. Most of the mitigation is achieved by restoration or re-creation, although some has been completed by preservation.

As part of land reclamation, PotashCorp plants over 550,000 trees annually at its White Springs site. That number can rise during peak phases of the reclamation process. At Aurora, we mitigated two acres of restored wetland for every acre of wetland disturbed in order to reduce our temporal impact on the land. At White Springs, the ratio of restored wetland to wetland disturbed has varied over time and type of mitigation.

We strive to maintain a healthy environment and to promote natural biodiversity at and near our mining operations. We try to understand, avoid, minimize and mitigate biodiversity impacts throughout the life cycle of our operations. We believe that biodiversity is promoted by enhancing or preserving habitat near our mine sites, which minimizes negative impacts on the surrounding lands and water.

PotashCorp’s approach to biodiversity is shaped by two reinforcing considerations:

Our Safety, Health and Environment (SHE) policy commits the company to minimize impacts on biodiversity; Committed to meeting all federal, state/provincial and local regulatory requirements which often include biodiversity considerations in the permitting process.

Mining is a highly regulated industry. It starts with a mining permit, which requires the preparation of an extensive environmental impact statement that explains how we will avoid or mitigate impact on plant and animal species. Public involvement is a part of the permitting process.

PotashCorp studies, promotes and monitors the biodiversity around our mine sites. In Saskatchewan, operations have had little impact on biodiversity other than in approved tailings management areas. Plants and animals are varied and landscapes range from mixed grassland (Allan) to aspen grove vegetation (Rocanville).

We monitor the condition of surface and groundwater at our Canadian locations. When we lease property at our Saskatchewan potash sites to farmers, we typically require detailed lease agreements to ensure that environmentally safe farming practices are followed.

We work with partners to enhance biodiversity and support Ducks Unlimited in Canada. We actively support government initiatives to promote biodiversity. We participate in the Province of Saskatchewan’s Representative Area Network, a program within the Saskatchewan Biodiversity Action Plan designed to preserve provincial ecosystems.

PotashCorp is unaware of any International Union for Conservation of Nature (IUCN) Red List species in areas affected by our operations. In Saskatchewan, nine at-risk wildlife species have breeding ranges that overlap with project areas: piping plover and burrowing owl (endangered); loggerhead shrike and Sprague’s pipit (threatened); yellow rail, long-billed curlew, short-eared owl, northern leopard frog and Monarch butterfly (species of concern). We have mitigated the impacts our operations have had on their habitats.

The area near our White Springs plant in Florida is home to species listed by federal or state authorities as endangered, threatened or of special concern. Potential impacts have been comprehensively evaluated for the project area. Wildlife agencies have determined that operations would have no impact on those species, or that impacts could be mitigated by minimizing operations in sensitive habitats, creating new habitats for relocation and raising awareness of potential impacts among workers.

Direct and indirect greenhouse gas emissions

(G4 EN15, EN16, EN19)

Each year, our nitrogen operations are responsible for over 80 percent of the company’s greenhouse gas (GHG) emissions, mainly from ammonia and nitric acid manufacturing operations. An ammonia plant emits CO2 in two ways: by burning fuel and as a byproduct of production. Some of the CO2 that is made is sold as a product, and some is used to make urea, but the remainder is vented as process CO2.

CO2 combustion emissions remained relatively flat compared to 2014, while process CO2 emissions decreased by 17 percent from 2014, as more CO2 was sold as product instead of being vented to the atmosphere. Almost all the nitrous oxide emitted by our facilities comes from our nitric acid plants, and these emissions decreased by 30 percent because we emitted less nitrous oxide per tonne of product at Geismar and Lima as determined by annual stack testing. Methane emissions were flat year- over-year.

Company-wide GHG emissions decreased by 11 percent in 2015 compared to 2014, mainly related to decreases in our nitrogen segment. In 2015 we lowered GHG emissions per tonne of nitrogen product by 9 percent compared to 2014 mainly due to more CO2 product sales and a lower emission factor for our nitric acid plants as determined by annual stack tests. We continue to be on track to meet our target to reduce GHG emissions per tonne of nitrogen product by 5 percent by 2018, compared to 2014 levels. Indirect GHG emissions are the result of net electricity that is purchased. Three of our facilities (Aurora, White Springs and Trinidad) sell electricity back to the grid even though they are net consumers of electricity.

Emissions of ozone-depleting substances

(G4 EN20)

PotashCorp does not produce ozone-depleting substances. The company uses small amounts of chlorofluorocarbons in refrigeration and cooling systems. This substance is phased out when systems are upgraded.

NOx, SOx and other significant air emissions

(G4 EN21)

More than 75 percent of our nitrogen oxide and carbon monoxide emissions in 2015 came from our nitrogen operations. Most of these emissions are from our nitric acid and ammonia plants. In 2015, company-wide nitrogen oxides decreased by 4 percent and carbon monoxide levels remained relatively flat.

The majority of particulate emissions come from material handling and dust from roads in our phosphate segment; these increased 8 percent in 2015 compared to 2014.

Almost all sulfur dioxide emissions are from the sulfuric acid plants in our phosphate segment. These decreased by 25 percent in 2015 due to the shutdown of the sulfuric acid plant at our Geismar facility.

More than 60 percent of the company’s volatile organic compounds (VOCs) are generated in our nitrogen segment from ammonia plants. Our potash operations account for approximately 30 percent, mainly from the use of flotation oil and alcohol-based frothers. In 2015, VOC emissions decreased by 11 percent compared to 2014 levels, mainly due to lower emissions at our Lima facility, which resulted from lower ammonia production and the installation of new process equipment that reduces emissions from the ammonia plant.

About 90 percent of ammonia emissions are from nitrogen, and they vary each year based on the volume and mix of products produced. Reported emissions decreased by 12 percent year-over-year in 2015 as a result of lower ammonia production and the installation of process equipment that reduces ammonia emissions at our Lima facility.

All fluoride emissions are from phosphate and vary based on concentrations from emission testing and production rates. Hydrogen sulfide emissions are solely from phosphate operations and decreased 17 percent compared to 2014 levels due to lower stack test results at our Aurora facility. Likewise, sulfuric acid mist emissions are generated at our phosphate operations and vary each year based on stack test results and production rates.

Discharges to Surface Water

(G4 EN22)

Salt as brine is discharged from our New Brunswick (indefinitely suspended in January 2016) and Cassidy Lake sites. The amount of brine discharged in 2015 did not change from 2014 levels.

Nitrogen compounds are discharged from our nitrogen facilities and at our phosphate operations in Aurora and White Springs, all in accordance with our permits. Generally, more nitrogen is discharged with more precipitation. In 2015, company-wide nitrogen discharges remained relatively the same.

Most of our fluoride and phosphate discharges are at our Geismar phosphate operation. Less water was discharged from the inactive gypsum stacks, which decreased fluoride discharges by 6 percent while phosphate discharges remained unchanged from 2015 levels.

Waste

(G4 EN23)

Gypsum is generated when phosphate is extracted from phosphate ore; the amount is a function of phosphate production rates. Slightly lower production of finished phosphate products and an improved calculation of gypsum products resulted in a 7 percent decrease in gypsum tonnes from 2014 levels.

Coarse tailings, comprised primarily of coarse salt and other insolubles, are a byproduct of potash mining. In 2015, year-over-year, coarse tailings to storage increased by 7 percent.

Fine tailings (fine salts and other insolubles) also result from potash mining. The quantity generated increased 7 percent year-over-year in 2015.

Waste salt and other insolubles to mine are byproducts from potash mining in New Brunswick that are returned to the mine as backfill. The quantity is a function of production rates and the composition of the ore at this mine. Waste salt and other insolubles to mine increased by 31 percent largely due to lower ore quality mined in 2015.

Salt as brine to injection wells results from potash mining. The quantity varies at each mining location based on precipitation and how the plant manages water levels in its ponds. The amount increased by 6 percent year-over-year.

Non-mining solid waste decreased year-over-year by 51 percent, mainly due to demolition at our Aurora and Cassidy Lake facilities in 2014, which did not recur in 2015. Non-mining recycled material remained flat compared to 2014.

Hazardous waste varies from year to year based on renovations and process maintenance. Hazardous waste increased by 10 percent in 2015, though it was still less than the previous four-year average.

Compliance

(G4 EN29) No environmental fines were paid in 2015.

Transport

(G4 EN30)

Deviations from the U.S. Federal Railroad Administration code for railcars carrying hazardous materials and spill are considered transportation events. We had 38 transportation events and did not pay any transportation fines in 2015.

Social: Labor

Employment

(G4 LA1)

At the end of 2015, PotashCorp employed 5,395 people at its Canadian, U.S. and Trinidad operations. In addition to our permanent workforce, we employed 1,022 temporary or contract workers with the majority (approximately 64 percent) at our nitrogen operations. Overall employment increased by 259 employees in 2015, however the Canadian workforce numbers will be impacted beginning in 2016 due to the indefinite suspension of our Picadilly, New Brunswick potash operations. This resulted in a workforce reduction of approximately 420–430 people. With an aim to minimize the impact on employees, more than 100 open positions at our Saskatchewan operations were made available for New Brunswick employees, with relocation assistance provided.

Amid a challenging macroeconomic backdrop, the suspension of our New Brunswick operations helps position the company to:

optimize production to our lower-cost potash operations; realize meaningful capital savings; maintain long-term operational flexibility; and preserve jobs across the company over the long term.

In 2015, the number of employees exiting the company returned to a more normal rate compared to 2014. Company-wide employee turnover, which includes voluntary and involuntary terminations as well as retirements, was 6 percent in 2015, down from 19 percent in 2014, which was due to a need to reduce workforce levels to protect the long-term sustainability of the company. Excluding retirements, the turnover rate was 4 percent in 2015 compared to 12 percent in 2014.

We refined our employee engagement strategy in 2015, and will increase our focus on improving organizational and talent development through better performance measurement, succession planning, training, and diversity. We believe these steps will help us retain a world-class workforce and make PotashCorp an even better place to work.

Employment benefits

(G4 LA2)

Benefits to our full-time workers in Canada and the U.S. include: health care, life insurance, accidental death and dismemberment (AD&D) insurance, disability coverage, pension plans, maternity and parental leave, a savings plan, a short-term incentive plan and stock ownership through the company’s savings plans. Temporary employees in Canada qualify for life insurance, health care, AD&D insurance and maternity and parental leave, as long as they meet the required hours in accordance with government standards and regulations.

Employee Benefits in the US and Canada

Type of benefit Standard for majority of full-time employees? Provided to temporary employees?

Canada US Canada US

Health Care Yes Yes Yes** No

Life insurance Yes Yes Yes** No

AD&D insurance Yes Yes Yes** No

Disability coverage Yes Yes No No

Pension plan Yes Yes No Yes**

Savings plan Yes Yes No Yes**

Maternity leave Yes Yes Yes** Yes** Parental leave Yes Yes Yes** Yes**

Short-Term Incentive Plan Yes Yes No No

Stock ownership Yes* Yes* No Yes*

Source: PotashCorp * Through options program (for eligible participants) and/or ability to purchase shares via the savings plan. **Provided the employee meets required hours per government standards and regulations.

PotashCorp does not track return-to-work or retention rates after parental leave. Our US Human Resources departments track data on employee leaves associated solely with the U.S. Family and Medical Leave Act (FMLA), which can be taken for reasons other than having a child.

Labor/management relations

(G4 LA4, HR4)

PotashCorp acknowledges and respects workers’ rights to enter into collective bargaining relationships. The company negotiates collective bargaining agreements with labor organizations representing employees at eight of our facilities. Topics negotiated include wages, work schedules and overtime, pension and employee benefits plans, health and safety topics, contracting out and use of temporary supervisors.

The following table sets forth the plant locations where we have such agreements and their respective expiry dates. New collective bargaining agreements at our Allan, Cory, Lanigan and Patience Lake sites were signed in 2015. The Rocanville collective agreement expired on May 31, 2015 and negotiations are under way with the union.

Plant Location Collective Agreement Expiry Date

Allan, Saskatchewan April 30, 2019

Cory, Saskatchewan April 30, 2019

Patience Lake, Saskatchewan April 30, 2019

Lanigan, Saskatchewan January 31, 2018

Rocanville, Saskatchewan May 31, 2015

Cincinnati, Ohio November 1, 2019

Lima, Ohio November 1, 2017

White Springs, Florida December 10, 2018

In Canada, collective agreements and provincial labor legislation require minimum notice of one to eight weeks for layoffs, usually depending on the employee’s length of employment and/or the duration of the layoff.

In the US, the required notice period is 60 days in cases that involve a layoff or plant closing, which triggers the Workers Adjustment and Retraining Notification Act (WARN Act). Prior to temporary layoff, PotashCorp advises employees and/or their elected union representatives and, in the U.S., the applicable state’s dislocated worker unit. Collective agreement language may require negotiation between the parties over the terms and conditions of a layoff or plant closing.

Divestitures and Layoffs

Notification for Unionized Employees

US Canada Trinidad

Minimum number of weeks notice 2-8 weeks 1-8 weeks N/A typically provided to employees and their elected representatives

Employees and/or their elected Yes Yes N/A representatives have the opportunity to seek consultation or engage in discussion about these changes during the notice period

The notice period and/or provisions Yes* Yes N/A for consultation are specified in collective agreements

Source: PotashCorp * In addition to notice language in one of the U.S. collective agreements, federal labor law provisions regarding plant closures and/or large workforce reductions also govern these actions, such as the WARN Act (60-day notice or pay in lieu of notice).

PotashCorp provides transitional assistance to support employees who retire or are terminated. The approach varies among countries.

Transition Assistance Programs

Program Program Is Provided

Canada US Trinidad

Pre-retirement planning for intended Yes Yes Yes retirees

Retraining No No No

Job placement services Sometimes Sometimes As required

Severance pay Sometimes Sometimes Covered by other benefit plans

Source: PotashCorp

Occupational health and safety

(G4 LA5-LA8)

Our safety, health and environmental (SHE) management system prescribes a specific, timely reporting requirement for SHE events. We comply with the International Labor Organization’s Code of Practice on Recording and Notification of Occupational Accidents and Diseases. We also follow reporting and notification requirements of Canada, the U.S. and Trinidad.

Worker/management committees

Joint health and safety committees represent the potash workforce, as required by provincial laws. The nitrogen and phosphate workforces have voluntary management/worker committees to address health and safety concerns. Committees are managed at each facility.

We support and encourage a safety model that empowers employees to take an active role in promoting safety, conducting peer-on-peer observations and providing feedback. Employees also participate in incident investigations to help determine root causes so that effective corrective actions can be developed to prevent recurrence.

Health and safety topics covered in collective agreements

PotashCorp is committed to protecting the health and safety of all its employees, contractors, customers and communities, in line with our Core Value of “no harm to people.”

Saskatchewan collective agreements and Occupational Health and Safety (OHS) regulations require the presence of joint safety committees. Collective agreements cover the OHS regulations as they relate to our industry, including personal protective equipment, training and safety inspections made by our joint committees. U.S. collective agreements also cover health and safety topics related to personal protective equipment and safety regulations.

PotashCorp management regularly reviews recommendations from safety committees to create and adjust our safety strategy and approach.

Serious disease prevention

Employees with a chronic or life-threatening illness are treated the same way as other employees, provided they perform the duties of their positions and their health conditions are not a hazard to themselves or others. Discriminatory acts by employees against workers with a chronic or life-threatening illness are unacceptable, and the offenders may be subject to disciplinary action up to and including termination.

PotashCorp complies with applicable privacy laws by treating all employee medical information as confidential. Without medical evidence to the contrary, we do not believe that the presence of an employee with a chronic or life-threatening illness, including HIV/AIDS, poses a workplace hazard. Such employees will not be subject to different or unusual treatment, unless those actions are medically necessary to protect their safety or the safety of others. Our Trinidad operation has an HIV/AIDS program that provides education and training, counseling, prevention and risk control for workers.

Employee and Family Assistance Programs are in place for our employees and their families, providing a range of services at no cost to the employee.

Programs to Reduce Incidence of Serious Diseases*

Program Canada US Trinidad

Education and training for workers Yes Yes Yes

Education and training for worker Yes Yes Yes families

Counseling for workers Yes Yes Yes

Counseling for worker families Yes Yes Yes

Measures to limit exposure to and Yes Yes Yes transmission of disease among workers

Measures to limit exposure to and No No No transmission of disease among families

Treatment provided to workers Yes Yes Yes

Treatment provided to families Yes Yes Yes

Community programs No No No

Source: PotashCorp * Serious diseases include diabetes, heart disease, cancer and HIV-AIDS

Training and education

(G4 LA9-LA11)

With a newly established Organization and Talent Development Department, progress has been made in the alignment of training throughout our operations. Specific highlights include:

a global learning management system was acquired and implemented across our organization; a learning content management system was fully implemented, allowing our sites to share training materials and create alignment; and leadership development continued to be a key focus in 2015, with more than 800 employees participating in formal leadership development training.

PotashCorp provides employee training and education assistance as part of the company’s goal to attract and retain quality employees. Opportunities to upgrade skills include internal and external training and tuition assistance for college-level or higher degrees, when employees pursue degrees on their own time with the company’s support.

We have a standardized performance appraisal process that all supervisors are encouraged to conduct with each of their salaried employees. In 2015, revised employee performance evaluation communications and resources were implemented to bring consistency to performance reviews to provide a greater focus on providing qualitative and ongoing feedback and increase focus on goal-setting. Hourly employees may be subject to performance appraisals depending on their site and union status. Further enhancements will occur in 2016.

Labor practice grievance mechanisms

(G4 LA16)

PotashCorp has procedures and mechanisms in place for handling employee grievances and complaints. For unionized employees, collective agreements in conjunction with labor legislation outline the process for filing, investigating and resolving grievances. For non-unionized employees, employee handbooks provide guidance and procedures for raising formal complaints. Employees are encouraged to bring issues forward to their immediate supervisor or Human Resource department for resolution before they file formal complaints. For employees who may feel uncomfortable making a direct complaint, PotashCorp offers an anonymous complaint hotline, the Compliance Line, which is available 24 hours a day.

Internally, our Human Resources teams track the number, type and actions taken to resolve grievances and complaints, but we do not report on this externally. Social: Human Rights

Human rights training and security practices

(G4 HR2, HR7)

As part of the orientation process, new employees are provided with training on PotashCorp policies, including respect in the workplace and non-discrimination and our Core Values and Code of Conduct

All employees receive training and certification on our Core Values and Code of Conduct annually. As part of our strategy to increase engagement with First Nations and Métis people, we provide Aboriginal awareness training to all Saskatchewan employees, which helps give them a greater understanding of Aboriginal culture and fosters openness.

Our security personnel include both contractors and employees. Contract security firms provide their employees with security training. Training for PotashCorp security personnel is provided by the company or an outside security firm. Training is reviewed during each facility’s annual security audit.

Non-discrimination

(G4 HR3)

Our Respect in the Workplace policy commits us to providing a work environment free of discrimination, including harassment. It forbids any unwelcome conduct that is based on an individual’s race, color, religion, gender, national origin, age, disability, ancestry, medical condition, marital status, veteran status, citizenship status, sexual orientation or any other protected status. The policy covers actions by any employee, supervisor, officer, director, vendor, customer or agent of PotashCorp. Our Core Values and Code of Conduct prohibit any discriminatory activity, and our Social Media Policy prohibits employees from posting discriminatory communications online.

There were no judicial or administrative findings of discrimination made against us on the grounds of race, color, national origin, gender, sexual orientation, marital or family status, age, disability, religion or other protected categories in 2015.

Prevention of forced, compulsory or child labor

(G4 HR5, HR6)

PotashCorp adheres to all labor laws in the countries where we operate, including fair pay, hours of work, minimum age requirements and working conditions. Our supplier policy outlines PotashCorp’s expectations and requirements of compliance with all labor laws in the countries within which they operate.

We are not aware of any incidents where any of our key suppliers have had a significant risk for incidents of forced or compulsory labor.

Indigenous rights

(G4 HR8)

We have no specific policy on indigenous relations although we have developed an Aboriginal engagement strategy with Aboriginal communities in Canada to build an understanding of mutual needs. We have initiated outreach programs to strengthen our profile as an employer of choice for qualified Aboriginal candidates. A new diversity and inclusion policy is being developed and expected to be implemented in 2016.

Our Aboriginal strategy outlines our commitment to developing relationships with Aboriginal communities in Saskatchewan and New Brunswick through education, employment, supplier initiatives and community investment activities. Priorities include:

Aboriginal awareness training — Given to all Saskatchewan employees, this training is designed to create a positive, inclusive work environment for First Nations and Métis people; Community relationship building — Engage in dialogue and strategic partnerships that will enhance communications and build trust with First Nations and Métis communities; Recruitment — Raise awareness about PotashCorp career opportunities within Aboriginal communities and help educate people to take advantage of these opportunities — through facility tours, career fairs and joint programs with Saskatchewan institutions of higher learning and community organizations; Procurement — Develop long-term potash industry suppliers within Aboriginal communities by offering support and skill-building opportunities to promising Saskatchewan-area entrepreneurs.

There were no significant incidents of violations by the company involving the rights of Indigenous People in 2015.

Assessment and remediation

(G4 HR9, HR12)

To our knowledge, no grievances related to human rights were filed by employees in 2015.

Social: Society

Anti-corruption

(G4 SO3-SO5)

Good governance is essential for laying the foundation of how our company conducts business. Our policies, procedures and practices apply to everyone working at PotashCorp and include anti-corruption, antitrust and other policies that ensure we conduct business with integrity and respect. Employees with exposure to situations that may put themselves or the company at risk receive training and education on our policies and procedures. In 2015, the company provided 4,625 hours of training in the areas of business ethics and compliance.

We will never offer, pay, solicit or accept bribes in any form, directly or indirectly. Employees must reject any demand for, or offer of, any kind of bribe and report it immediately to management. We provide guidance on giving and accepting gifts and entertainment. Business partners may not act on our behalf contrary to these policies.

We compete vigorously and independently in conducting our business. At all times we maintain independence of judgment and action when producing, pricing and selling our products. We do not contravene antitrust or competition laws in any of the jurisdictions where we do business.

Our legal department has a formal process for reporting, confirming and tracking violations related to fraud. Each year, it reports to the Board of Directors on the number and nature of complaints. This report is reviewed by the Board’s audit committee.

The company has a zero tolerance policy for employee corruption. In 2015:

no PotashCorp employee was dismissed or disciplined for corruption; there were no instances where contracts with business partners were not renewed due to violations related to corruption; and no fines or non-monetary sanctions were levied against the company for accounting fraud or corruption.

Public policy

(G4 SO6)

Through active trade association memberships, public affairs activities and political engagement, PotashCorp takes a leadership role in many industry discussions. Our company is compliant with all political contributions and lobbyist legislation in the jurisdictions where we do business.

PotashCorp engages with governments directly on matters of critical importance to the company, and when policy and regulatory impacts are specific to our operations. On more general policies and broader regulatory matters, we often engage with governments through industry associations such as The Fertilizer Institute (TFI) in the U.S., Fertilizer Canada (FC), the International Fertilizer Industry Association (IFA) and the International Plant Nutrition Institute (IPNI) for global issues.

In 2015, PotashCorp continued to respond to the US Environmental Protection Agency's initiative to regulate greenhouse gas (GHG) emissions by voluntarily reducing emissions. We quantified our emission reductions using procedures similar to those in the Climate Action Reserve (CAR) program for nitrous oxide abatement at nitric acid plants; however, we have decided not to register those reductions with CAR.

In Canada, we engage with the federal government and the provincial governments of Saskatchewan and New Brunswick, both independently and through industry and business association memberships.

In the U.S., political lobbying takes place through associations at the federal level, and through registered lobbyists in the states of Florida and North Carolina. The PotashCorp Political Action Committee (PAC), created in 2003, is funded solely by U.S. employees to make specific political contributions at federal, state and local levels. In 2015, through our PAC, we disbursed $19,500 in political donations – which were made at the federal level and reported to the U.S. Federal Elections Commission.

In Trinidad, senior management participates in the Donations Committee and Fundraising Committee of the United Way of Trinidad and Tobago.

We do not make in-kind contributions for political causes at any of our operations.

Social: Product Responsibility

Customer health and safety

(G4 PR2, PR4, PR7)

Up-to-date information on safety, health, environmental and security hazards and risks related to the use, storage, handling, transport and disposal of our products is available to our workforce, customers and others. Safety Data Sheets in Globally Harmonized System (GHS) format, labels and other information are developed and issued to handlers and users in accordance with legislative, regulatory and customer requirements. This material is also distributed as information changes or when, a triennial review occurs. A system exists to identify and proactively monitor existing and pending requirements (regulatory requirements and industry codes).

A system is in place to respond on a 24-hour basis to requests regarding safety, health and environmental emergencies or for information regarding products.

In 2015, there were no significant instances of non-compliance, administrative or judicial sanctions, warnings or fines for regulations concerning:

the health and safety of our products; product information and labeling; and marketing communications.

Product and service labeling

(G4 PR3)

We are subject to feed and fertilizer labeling requirements in most jurisdictions where we make or sell products. Product labels are reviewed regularly to ensure they comply with all laws and regulations.

Customer privacy

(G4 PR8) PotashCorp maintains customer confidentiality except where disclosure is authorized or required by law. We respect the privacy of all individuals for whom we maintain personal information. We collect, use and disclose personal information only with the knowledge and permission of the affected person, unless otherwise permitted by local laws.

Compliance

(G4 PR9)

PotashCorp ensures compliance with product stewardship responsibility policies and practices by following a Code of Customer Commitment, conducting annual customer surveys to measure needs and satisfaction, expressing expectations on product safety and undertaking feed plant certifications.

We had no significant fines concerning the provision and use of products and services in 2015. Performance Data

Workforce 2011 2012 2013 2014 2015 GRI Indicator

Workforce by country (# of G4-10, G4-LA1 employees)

Canada 2,764 3,012 3,165 2,765 2,943

US 2,521 2,350 2,241 1,991 2,064

Trinidad 418 417 381 380 388

Total 5,703 5,779 5,787 5,136 5,395

Workforce by employment G4-10, G4-LA1 Type (%)

Salaried 35 39 35 36 36

Hourly 65 61 65 64 64

Workforce by employment G4-10, G4-LA1 category (% of total)

Managers and supervisors 16.8 16.1 16.4 17.0 16.8

Professionals 9.3 10.0 9.8 10.8 11.5

Technicians 8.5 8.7 8.0 8.4 8.6

Sales workers 0.6 0.5 0.6 0.7 0.6

Administrative and clerical 4.9 4.7 4.4 4.0 3.9

Skilled craft workers 26.3 25.6 25.2 26.5 26.0

Semi-skilled workers 32.9 33.7 35.1 32.1 32.0

Laborers 0.5 0.5 0.3 0.4 0.3

Security officers 0.2 0.2 0.2 0.2 0.2

Workforce by gender (%) G4-10, G4-LA1

Females 8 8 8 8 8

Males 92 92 92 92 92

Union membership (% of G4-11, G4-LA5 workforce)

Union membership 38 39 41 37 38

Employee Relations 2011 2012 2013 2014 2015 GRI Indicator

Average employee G4-LA1 turnover rate (%) - including retirements, voluntary and involuntary terminations

Canada 6.7 11.5 7.0 17.7 5.2

US 6.3 5.6 8.8 23.5 6.6

Trinidad 5 5.3 7.5 10.0 5.2

Company wide 6.5 8.0 7.7 19.4 5.7

Male employees 6.3 8.2 7.0 19.3 5.6

Female employees 7.3 6.5 12.3 21.2 6.5

Employees < 30 years old 7.5 7.8 9.4 19.0 8.4 Employees 30 - 39 years old 4.7 5.1 7.3 13.7 3.8

Employees 40 – 49 years old 3.1 5.5 5.3 12.2 2.5

Employees 50 - 59 years old 3.6 5.5 3.9 14.7 3.1

Employees > 60 years old 24.3 34.8 26.2 78.7 27.5

Training and education G4-LA9

Average hours of training per 136 129 126 139 141 employee

Tuition reimbursement by G4-LA10 country ($USD) (1)

Canada 48,963 62,270 104,759 34,006 95,162

US 56,861 148,027 90,208 132,199 147,125

Trinidad 28,109 23,626 27,426 23,323 25,917

Health and Safety 2011 2012 2013 2014 2015 GRI Indicator

Life-altering injury (#) G4-LA6

Total life altering injuries (2) 1 1 0 1 1

Total site injury frequency G4-LA6 rates (per 200,000 work hours)

Lost-time injury frequency 0.14 0.10 0.05 0.1 0.10 rate (3)

Recordable injury frequency 1.42 1.29 1.06 1.01 1.01 rate (4)

Severity injury frequency 0.54 0.55 0.40 0.46 0.32 rate (5)

Employee injury frequency G4-LA6 rates (per 200,000 work hours)

Lost-time injury frequency 0.18 0.16 0.05 0.07 0.10 rate

Recordable injury frequency 1.48 1.60 1.19 1.0 1.06 rate

Severity injury frequency 0.58 0.96 0.51 0.40 0.39 rate

Absenteeism rates (%) G4-LA6

Total absenteeism rate (6) 4.1 4.4 4.1 4.3 4.6

Diversity 2011 2012 2013 2014 2015 GRI Indicator

Board composition (%) G4-LA12

female 23 23 23 31 25

Age 40-49 17 8 0 0 8

Age 50-59 25 31 39 46 50

Age 60-70 58 61 61 54 42

Management composition (% positions held by women)

Executive Officers(7) 25 25 22 7 9

Diversity by emloyment G4-LA12 category (% female employees)

Managers and supervisors 7.7 8 9 10 10

Professionals 22 24 22 24 23

Technicians 4.3 4 5 4 5

Sales workers 20 23 22 24 24

Administrative and clerical 68.7 72 68 63 63

Skilled craft workers 0.7 1 1 1 1

Semi-skilled workers 1.6 2 2 2 2

Laborers 3.2 3 0 5 12

Security officers 10 10 10 20 20

Diversity by age category G4-LA12 (% of total)

Employees < 30 years old 14.8 13.4 13.4 11.5 11.4

Employees 30 - 50 years old 47.8 49.3 50.3 52.7 53.8

Employees > 50 years old 37.4 37.3 36.3 35.8 34.8

Governance 2011 2012 2013 2014 2015 GRI Indicator

Business ethics

Political donations ($ USD) 6,500 34,500 12,500 42,000 19,500 G4-SO6

Human rights

# of hours of employee 3,021 3,920 398 4,833 4,625 G4-SO4, HR2 training dedicated to ethics and compliance

% key suppliers screened for 67 74 84 93 53 G4-LA14, HR10 code of conduct or certificate of business principles(8)

Product stewardship

# of incidents of non- 0 0 0 0 0 G4-PR2 compliance with regulations and voluntary codes concerning product and service information and labelling

Notes

1 Reimbursement for external training for college-level or higher degrees where employees pursue education on their own time 2 Life altering injury - work related injury severe enough to substantially change an employee's normal life function and/or result in the employee being placed on long-term disability, making the employee unable to perform his or her duties 3 Total lost-time injuries multiplied by 200,000 hours worked divided by actual number of hours worked 4 Total recordable injuries multiplied by 200,000 hours worked divided by the actual number of hours worked 5 Total lost-time injuries and modified work injuries for every 200,000 hours worked 6 Absenteeism rates are for hourly employees at our operations 7 Senior management comprises of CEO's direct reports 8 Key supplier = (i) large suppliers, defined as suppliers which, in multiple years, represent either the top 20% of site spend or are one of the top 10 suppliers by dollar volume; and/or;(ii) single/sole source suppliers; and/or,(iii) suppliers with unique or hard-to-replace capabilities, including critical component and non-substitutable suppliers Performance Data

Materials 2011 2012 2013 2014 2015 GRI Indicator

Materials mined or G4-EN1 consumed

Potash ore (million tonnes) 26.1 21.0 24.9 26.3 28.2

Phosphate rock (million 7.3 6.8 7.7 6.4 6.9 tonnes)

Sulfur (million tonnes) 2.1 1.9 2.0 1.7 1.7

Limestone (million tonnes) 0.2 0.2 0.1 0.1 0.2

Natural gas (000 TJ) 152.4 144.3 163.7 168.0 158.2

Energy 2011 2012 2013 2014 2015 GRI Indicator

Direct energy use by type G4-EN3 (000 TJ)

Process gas 89 85 96 101 98

Fossil fuels 65 63 71 72 71

Electricity 12 12 13 13 13

Direct energy use by G4-EN3 business segment (% of total)

Potash 7 7 7 8 8

Nitrogen 88 87 88 87 87

Phosphate 5 6 5 5 5

Direct energy use - G4-EN5 intensity (GJ/tonne)

Potash 1.4 1.6 1.6 1.7 1.7

Nitrogen 48.8 50.1 52.4 51 52

Phosphate 3.9 4.7 4.5 5.7 5.2

Indirect engergy use (000 40.7 40.0 38.5 43.5 43.1 G4-EN4 TJ)

Waste heat recaptured by G4-EN6 business segment (000 TJ

Potash 2.7 2.4 2.1 2.4 2.3

Nitrogen 43.8 41.2 44.3 45.3 43.7

Phosphate 25.0 22.5 24.0 20.3 20.4

Emissions 2011 2012 2013 2014 2015 GRI Indicator

Direct greenhouse gas G4-EN15 emissions (GHG) by type (million tonnes)

CO2 combustion 3.5 3.3 3.7 3.7 3.8

CO2 process 3.1 3.0 3.3 3.4 2.8

Nitrous oxide as CO2 2.4 1.3 1.5 1.7 1.2 equivalent (1)(2) Methane as CO2 equivalent 0.03 0.03 0.02 0.02 0.02

Total GHG's as CO2 9.0 7.6 8.5 8.8 7.8 equivalent

Indirect GHG's from G4-EN16 electricity (million tonnes)

Company-wide 1.7 1.7 1.8 1.8 1.8

Normalized GHG's by G4-EN18 business segment (tonnes/tonne)

Potash 0.05 0.06 0.06 0.05 0.05

Nitrogen 2.6 2.3 2.4 2.3 2.1

Phosphate 0.4 0.4 0.5 0.5 0.5

Company-wide 2.3 2.0 2.1 2.0 1.8

Criteria air emissions (000 G4-EN21 tonnes)

Nitrogen oxides 5.6 5.2 6.4 6.3 6.0

Carbon monoxide 5.0 5.3 6.2 6.2 6.4

Particulates (dust) 4.2 4.2 4.4 6.5 7.0

Sulfur dioxide 13.8 11.1 12.9 11.4 8.5

Other significant air emissions (000 tonnes)

Volatile organic compounds 1.5 1.4 1.8 1.8 1.6

Ammonia 9.3 8.5 8.2 8.4 7.4

Fluride 0.1 0.1 0.1 0.1 0.1

Hydrogen sulfide 0.6 0.5 0.6 0.6 0.5

Sulfuric acid mist 0.2 0.2 0.2 0.2 0.1

Water 2011 2012 2013 2014 2015 GRI Indicator

Total water used for G4-EN8 operations (million m3)

Well water 68 60 54 44 43

River water 23 24 21 21 21

Municipal water 13 13 16 16 16

Recycled water 1004 890 1009 825 824

Fresh water used for G4-EN8 operations per tonne by business segment (milion m3/million tonnes)

Potash 1 1 1 1 1

Nitrogen 8 9 10 9 7

Phosphate 33 33 26 26 26

Company intensity 25 25 18 17 17

Fresh water withdrawn for operations by business segment (%)

Potash 9 9 10 12 13

Nitrogen 21 24 31 33 30 Phosphate 70 67 59 55 57

Water recycled by business G4-EN10 segment (million m3

Potash 55 62 64 62 67

Nitrogen 9 9 7 7 5

Phosphate 941 819 939 760 752

Discharges to surface G4-EN22 water (000 tonnes)

Salt as brine to sea 1,722 1,594 1,317 1,398 1397

Nitrogen compounds as N 1 1 1 1 1

Fluride 8 6 17 16 15

Phosphate compounds as P 3 3 6 5 5

Waste 2011 2012 2013 2014 2015 GRI Indicator

Waste or byproducts from G4-EN23 mining (million tonnes)

Gypsum 11.6 10.4 11.0 9.6 8.9

Coarse taillings 10.6 7.8 10.5 10.4 11.1

Fine taillings 1.2 0.9 1.5 1.5 1.6

Waste salt and other 1.8 1.6 1.4 1.3 1.7 insolubles to mine

Salt as brine to injection wells 5.0 3.0 4.1 4.7 5.0

Non-mining wastes (000 tonnes)

Solid waste disposal 49.2 37.3 48.9 81.9 40.2

Solid waste recycled 36.8 25.9 21.0 26.0 25.8

Hazardous waste diposal 3.7 1.0 0.4 1.0 1.1

Compliance 2011 2012 2013 2014 2015 GRI Indicator

Environmental incidents G4-EN24, G4-EN29 and fine

Reportable quantity releases 5 9 3 8 8 (RQ's)

Permit excursions 6 2 2 2 9

Provincial incident reports 3 8 12 14 7 and spills

Fines ($USD) 48,435 10,155 240,146 2,500 –

Transportation events and G4-EN30 fines (3)

Transportation events 30 36 42 43 38

Transportation fines ($USD) 0 2,000 39,700 3400 –

Environmental Costs(4) 2011 2012 2013 2014 2015 GRI Indicator

Environmental operating G4-EN31 costs by business costs by business segment ($millions) (5)

Potash 46 44.7 44.0 41.5 31.8

Nitrogen 17.2 20.3 9.2 12.3 11.8

Phosphate 68 88 82.1 75.5 66.8

Environmental capital costs by business segment ($millions) (5)

Potash 49.6 51.0 50.6 58.6 78.5

Nitrogen 9.6 25.9 17.9 60 45.4

Phosphate 9.5 4.4 14.6 32.2 39.9

Environmental costs by category ($millions)

Environmental monitoring 20.2 21.9 20.7 20.2 19.8

Environmental assessment 2.5 1.9 1.4 1.8 1.3

Restoration of habitat 16.3 7.1 8.3 5.8 5.1

Pollution abatement - 54 58.8 59.3 62 51.5 operating

Pollution abatement - capital 45 46.3 47.2 62.4 93.6

Pollution prevention - 25.1 28.4 32.0 28.4 20.1 operating

Pollution prevention - capital 19 32.6 30.7 84.7 63.2

Site assessment and 7.2 24.1 5.4 0.9 1.1 remediation - inactive sites

Other (administration, 10.9 13.3 13.4 13.9 20.4 training, permits, fines)

Total environtmental costs 200.2 234.4 218.4 280.1 276.1

Notes

1 Tonnes of CO2 that would have the same global warming potential as one tonne of a particular greenhouse gas. The CO2eq for nitrous oxide and methane is 310 and 21, respectively. For example, 1 tonne of N2O is 310 tonnes CO2eq 2 In 2012, PotashCorp began using the Climate Action Reserve protocol for measuring N2O reductions at our largest nitric acid plant in Geismar, LA. The protocol was applied to historic GHG calulations at the Geismar plant for 2008-2012 which resulted in restated numbers 3 Spills or deviations from the US Federal Railroad Administration code for railcars carrying hazardous material 4 All values reported in $USD unless otherwise noted 5 Excludes reclamation and restoration costs at active sites

Definitions

Terajoule (TJ) = one trillion joules. One terajoule equals 0.95 Bbtus. Gigajoule (GJ) = one billion joules Performance Data

Economic Value Generated and Distributed (1) 2011 2012 2013 2014 2015 GRI Indicator

Economic value generated G4-EC1 ($ millions)

Net sales 8,219 7,433 6,733 6,506 5,791

Income from financial 405 426 290 220 173 investments (2)

Proceeds from sale of - - - - 0 assets (3)

Total economic value 8,624 7,859 7,023 6,726 5,964 generated

Economic value distribute

Goods, services and 4,907 4,885 4,238 3,496 3,308 materials purchased

Employee wages and 789 742 790 756 646 benefits(4)

Payments to providers of 391 709 1,263 1,362 1,476 capital: dividends declared and interest on debt

Taxes and royalties 997 654 568 715 654

Community donations and 21 28 31 26 28 investments (5)

Total economic value 7,105 7,018 6,890 6,355 6,112 distributed

Total economic value 1,519 841 133 371 -148 retained

Detail

Net sales by business segment ($ millions)

Potash 3,739 3,079 2,707 2,537 2,329

Nitrogen (6) 2,168 2,253 2,174 2,308 1,859

Phosphate 2,312 2,101 1,852 1,661 1,603

Payments to providers of capital ($ millions)

Interest expense to short- 8 5 4 1 4 term debtholders

Interest expense to long-term 143 101 113 197 198 debtholders (net of interest capitalized to property, plant and equipment)

Dividends declared 240 603 1,146 1,164 1,274

Employee wages and benefits by country ($ millions)

Canada 372 357 411 380 309

US 384 353 345 339 303

Trinidad 32 32 34 37 34

Taxes and royalties incurred by country (recovered) ($ millions)

Canada

Income taxes 374 20 -21 -37 12 All other taxes 1 2 1 1 1

Potash profit tax, resource 144 176 189 252 304 surcharge and base payment tax

Municipal taxes 25 32 26 25 26

Crown royalties 82 67 52 51 54

Royalties (non-Gov’t) 20 19 15 15 16

US

Income taxes 168 145 187 222 127

All other taxes 26 29 30 25 23

Trinidad & Other

Income taxes 156 163 88 159 89

All other taxes 1 1 1 2 2

Community investment ($ millions)

Cash contributions 18 25 29 23 26

Matching gift contributions 2 2 1 2 1

In-Kind contributions 1 1 1 1 1

Notes

1 All values reported in $USD unless otherwise noted 2 Income from financial investments includes the company’s share of earnings from investments accounted for using the equity method, dividends received from investments accounted for as available- for-sale and interest income 3 Proceeds from disposal of property, plant and equipment and long-term investments less proceeds from disposal of auction rate securities 4 Employee wages and benefits has been updated year-over-year to reflect gross earnings including bonuses and incentives paid 5 Community investment = cash disbursements + matching of employee gifts and in-kind contributions of equipment, goods, services and employee volunteerism (on corporate time) 6 Nitrogen net sales are third party only