On February 22nd 2023, the Management Board of Grupa Azoty S.A. made a decision to commence regular publication of estimates of the Group’s consolidated production output on a monthly basis. The Company wishes to emphasise that its production output is adjusted in line with changes in demand on the European market. The reporting of estimated output figures is intended to enhance the transparency of the Company information disclosure policy, whose purpose is to ensure that investors are provided with access to information which is relevant to assessing the condition of Grupa Azoty S.A. and its Group.

At the end of January, the overall stage of completion of Grupa Azoty Group’s flagship project in Police exceeded 99.01% and entered its final phase. The project is of strategic importance to the national economy and will boost growth of Poland’s plastics segment. The complex will be the largest propylene and polypropylene plant in Central and Eastern Europe.

Another edition of Grupa Azoty’s customer lottery has been launched, with prizes including a John Deere 5075E tractor. Over the past five years more than 1,200 prizes have already been distributed to winning farmers, including five agricultural tractors as grand prizes.

Given a stabilisation of natural gas prices on the European market seen in January, despite strong year-on-year increases in the prices of other fertilizer production inputs, including electricity, coal, phosphate rock and potassium chloride, the Grupa Azoty Group has decided to lower its prices of fertilizer products with effect from February 1st 2023.

On Thursday, December 22nd, the Guadalupe Explorer gas tanker delivered the first 22,000 tonnes of propane, which will be loaded into propane tanks of the Offshore Gas Terminal built as part of the Polimery Police investment project, to be then used to start up the propane dehydrogenation and polypropylene production units. The delivery is being made under a USD 250m propane purchase agreement with Trafigura PTE Ltd. The agreement satisfies more than 50% of Grupa Azoty Polyolefins’ demand for propane in 2023-2024.

Ten applications have been selected for PLN 20,000 grants and twenty-three applications – for PLN 7,500 grants in the first edition of the Grupa Azoty START programme. Financial support of over PLN 370,000 in total will go to 33 entities in six provinces.