2025 was a year of transformation for Grupa Azoty, requiring consistency and readiness to take difficult but necessary decisions. The period was marked by intensive efforts to restore financial and operational stability. These efforts culminated in defining a new development direction set out in Grupa Azoty’s Strategy to 2030, announced in November.

Grupa Azoty has launched a new product line for its customers under the shared brand name GARDEN. Fertilizers produced at the Puławy company are designed for home gardeners, small-scale fruit growers, flower enthusiasts and even users maintaining simple domestic lawns. The GARDEN line is based on well-established fertilizers that have until now been used primarily by professional farmers.

On 31 March 2026, Grupa Azoty signed a preliminary agreement with Orlen for the sale of 100% of the shares in GA Polyolefins. The transaction value is PLN 1.183 billion and the transaction will be carried out on a cash-free and debt-free basis.

The President of the Management Board of Grupa Azoty S.A. has appointed Prof. Andrzej Rzońca as Financial Strategy Advisor - a role intended to strengthen the Company’s capabilities in finance, macroeconomic analysis and capital market relations. This appointment provides important support for Grupa Azoty in stabilising its financial position and driving the Company’s transformation, reinforcing its expert capacity to develop solutions that enhance financial security.

The Supervisory Board of Grupa Azoty Zakłady Chemiczne “Police” S.A. has appointed Małgorzata Królak as President of the Management Board, effective 1 April 2026, and Dominik Nowak as Vice President of the Management Board responsible for Finance, effective 24 March 2026. These decisions are intended to ensure the Company’s stable operations during a demanding period of reorganisation across the Grupa Azoty Group.

On 18 December, the Supervisory Board of Grupa Azoty Puławy adopted a resolution appointing, effective 1 January 2026, for a joint three-year term of the Management Board commencing on 1 January 2026: Mr Marcin Celejewski as a Member of the Management Board, entrusted with the function of President, and Mr Wojciech Kozak as a Member of the Management Board, entrusted with the function of Vice President for Technology and Production.

Grupa Azoty Puławy has decided to issue and deliver a debit note to the Contractor of the 100 MWe coal-fired power unit project (the Polimex Mostostal S.A. consortium) for over PLN 239 million as a contractual penalty for the termination of the contract due to reasons attributable to the Contractor.

On January 24, 2025, the management boards of Grupa Azoty Puławy S.A. and Polimex Mostostal S.A. met in Puławy to discuss the current situation regarding the construction of the coal-fired power block (the BW100 project) and to explore options for amicably resolving the dispute, with due regard for the interests of both parties.