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.

At an Extraordinary General Meeting (EGM), Grupa Azoty’s shareholders adopted key changes to the Company’s capital structure. The resolutions open the way for a two-stage financial strengthening process: first, through the issuance of up to 33,726,465 Series E shares to the State Treasury, and then through a flexible authorised capital mechanism covering up to 40,472,173 shares.

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.

Grupa Azoty confirms the information circulating publicly about the temporary suspension of accepting new March orders for nitrogen fertilizers. We categorically deny reports that production has been halted. Our plants are operating at maximum production capacity. We would like to emphasize that we are fulfilling all orders placed with Grupa Azoty before the announcement of the temporary suspension of accepting new orders.

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.

The fertilizer segment remains Grupa Azoty’s core area of activity. In line with the adopted strategy, fertilizers are to underpin the development of a stable organisation with a scale enabling effective competition in the European market, while supporting food security in Poland and the region. The launch of a new product is another step towards building a stable, competitive fertilizer segment which - according to the strategy - is to form the foundation of Grupa Azoty’s business in the coming years.