On August 31st 2023, Grupa Azoty signed waiver and amendment letters with 13 financing institutions whereby they agreed to waive certain covenants laid down in agreements on the provision of financing to Grupa Azoty and Grupa Azoty Police. The waiver was granted in response to requests submitted by these entities in June 2023. Under the waiver letters, consent was given to waive the net debt/EBITDA covenant as at the end of June 2023. The terms of the waiver letters do not differ from standard terms used in agreements of this type. Grupa Azoty will remain in continued dialogue with the financing institutions.

Grupa Azoty urgently advises caution regarding fraudulent video ads circulating online. This deceptive online content exploits Grupa Azoty’s name to lure internet users into clicking on links, falsely promising significant monetary rewards. Particularly misleading is the claim: “Poles earn from PLN 16,000 with Grupa Azoty.” These ads also improperly display Grupa Azoty’s logo and feature images of select Company facilities.

Over the past six months, the Grupa Azoty Brand Ambassadors have been making a remarkable impact, delivering presentations at high schools and universities, orchestrating chemistry competitions for youth and promoting career opportunities within the chemical industry on various social media platforms. A summary of their endeavours, carried out under the theme of ‘Grupa Azoty as an Employer of Choice’, was recently held at the Group’s headquarters in Warsaw.

In the 6th edition of Grupa Azoty's 'We care for the Polish land' lottery, participants won prizes worth a combined total of over PLN 500 thousand. The standout prize, a John Deere 5075E tractor, was awarded for the first time to a woman, Anna from the Province of Kraków. This year witnessed yet another rise in lottery entries, with the 6th edition receiving 20% more entries than in 2022.

The Product Stewardship Programme audit is an initiative by Fertilizers Europe, an organisation representing the largest European fertiliser producers. The audit reaffirmed that the Grupa Azoty Group’s fertiliser products comply with the highest standards. DNV auditors evaluated various parameters throughout the process, such as the benchmarks implemented during product design, technological processes, distribution, and the genuine fulfilment of fertiliser characteristics declared by the Group. The audit covered the main production facilities located in Kędzierzyn-Koźle, Police, Puławy, and Tarnów.

Grupa Azoty Zakłady Chemiczne Police S.A., Ultra Safe Nuclear Corporation (USNC) of the US and South Korea’s Hyundai Engineering Co. Ltd (HEC) today signed a Preliminary Agreement on cooperation in the development of nuclear power in Poland, including Micro-Modular Reactor (MMR) technology.