The main premise of Grupa Azoty’s dividend payout policy is payment according to the level of profit attained and the Company’s financial capabilities. Management, when submitting proposals for dividend payout, will consider the need to ensure an appropriate level of financial indicators, financial standing and capital necessary for the Group’s further growth. Management will make future recommendations that the AGM pass resolutions concerning dividend payout at a level between 40% and 60% of the Company’s unconsolidated net profi t for the given fiscal year.Decisions regarding dividend payout will take into account factors aff ecting the Company and Grupa Azoty, including perspectives for future operations, future profi ts, monetary requirements, financial situation, expansion plans and relevant legal requirements.