On 22nd April 2022 analysts of TRIGON DM recommended BUY on Grupa Azoty S.A. shares, with the target price set at PLN 47.20

Following publication in the Official Journal of the European Union of sanctions imposed on Viatcheslav Kantor on April 8th 2022 and following imposition on April 25th 2022 of national sanctions on Mr Kantor and his related parties: Norica Holding S.à.r.l. of Luxembourg, Opansa Enterprises Limited of Cyprus and Rainbee Holdings Limited of Cyprus, holding in total a 19.82% ownership interest in Grupa Azoty S.A., the Company announces that: Viatcheslav Kantor is not a beneficial owner of the Company within the meaning of Directive (EU) 2015/849 of the European Parliament and of the Council; Viatcheslav Kantor neither owns nor has control over the Company within the meaning of the EU sanctions legislation, including Council Regulation (EU) No 269/2014.

Grupa Azoty Group took the top spot in the Forbes “Poland’s Best Employers 2022” ranking in the “oil and gas production, mining, chemical industry” category, having moved up one place compared with the previous year’s ranking. The Group took the 17th place overall. In the survey based on which the distinction was awarded, respondents rated their employers based on such criteria as salaries and wages, working hours, growth and promotion opportunities, conditions and equipment for working from the office and home, etc.

On Friday, April 29, 2022 there was a chat with Marek Wadowski, Vice President of the Management Board of Grupa Azoty S.A.

In 2021, the Grupa Azoty Group posted consolidated revenue of PLN 15.90bn (up PLN 5.38bn year on year), EBITDA of PLN 1.95bn (up PLN 624m year on year), and EBITDA margin of 12.2% (down 0.4pp year on year). Net profit in 2021 reached PLN 634m, having increased by PLN 279m year on year. The largest contribution to consolidated EBITDA earned by the Grupa Azoty Group in the fourth quarter of 2021 was made by the Chemicals segment, which posted its best performance on record.

Grupa Azoty Puławy was among the winners of the second edition of the Decarbonisation Initiatives Ranking organised by the PTWP Group. The Ranking presents the most interesting, imaginative and effective initiatives to reduce greenhouse gas emissions. The results were officially announced on April 25th 2022 during the European Economic Congress in Katowice. On behalf of the Grupa Azoty Group, the award was collected by Filip Grzegorczyk, Vice President of the Management Board of Grupa Azoty S.A. The Ranking leaders were selected by the Board of the ‘Green Index’ campaign, consisting of representatives of environmental protection institutions, organisations and experts.