Within the next several dozen hours, following completion of the necessary analyses, Grupa Azoty will resume accepting orders for nitrogen fertilizers and return to standard cooperation on current market terms. In taking this decision, we must take into account both the interests of agricultural producers and our commercial partners, as well as the interests of the Company itself.

On 2 March 2026, the Supervisory Board of Grupa Azoty appointed the new Management Board for the Company’s 13th term, appointing Marcin Celejewski as President of the Management Board and Małgorzata Królak as Vice President. At the same time, Aleksandra Machowicz-Jaworska, Deputy Chair of the Supervisory Board, was delegated to act temporarily as Vice President of the Management Board for a period of up to three months. The new leadership is launching a phase of fundamental organizational renewal of Grupa Azoty—one of the key players in the European fertilizer and chemicals market—focused on restoring financial stability, maximizing the efficiency of industrial assets, and steering the business towards segments with the highest growth potential.

In 2025, Grupa Azoty obtained “white certificates” with an estimated market value of approximately PLN 60 million. This corresponds to energy savings of 25.9 thousand tonnes of oil equivalent (toe), i.e. the equivalent of burning nearly 26 thousand tonnes of crude oil. The awarded certificates take the form of property rights traded on the Polish Power Exchange (Towarowa Giełda Energii), and their sale will support the Group’s liquidity.

At the end of 2025, Grupa Azoty entered into a multi-year contract for the supply of NPK and NP compound fertilisers to the Scandinavian market with an experienced trading partner – Thoroe Nielsen A/S. The agreement represents an important element in the implementation of Grupa Azoty’s export sales development strategy and the continued strengthening of its presence in Northern Europe.

In the first three quarters of 2025, Grupa Azoty recorded revenues of PLN 10.04 billion, an increase of approx. 2.1% compared with PLN 9.83 billion in the corresponding period of 2024. The Group’s EBITDA improved from PLN -299 million to PLN 312 million, representing an increase of PLN 611 million. EBITDA excluding Grupa Azoty Polyolefins improved from PLN -186 million to PLN 346 million, an increase of PLN 532 million.

In the third quarter of 2025, Grupa Azoty generated estimated consolidated revenue of PLN 2,894 million and EBITDA of PLN 391 million, corresponding to an EBITDA margin of 13.5%. Compared with the same period of 2024, consolidated EBITDA increased by PLN 511 million, and the EBITDA margin improved by 17.4 percentage points. Improvements in EBIT and EBITDA were recorded across all operating segments.