Grupa Kapitałowa Grupa Azoty
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On October 15, 2025, Grupa Azoty received a non-binding offer from Orlen to acquire shares in Grupa Azoty Polyolefins S.A. The offer provides for the purchase of all shares in the company, including its assets, free of any encumbrances, on a cash-free, debt-free basis.
On 13 October 2025, Grupa Azoty Polyolefins received a letter from Bank Polska Kasa Opieki S.A., acting on behalf of the financial institutions funding the Polimery Police Project, regarding the offset-based debit of approximately EUR 76.8 million from the company’s account. The funds represent proceeds previously obtained under performance guarantees and were used to repay outstanding financial liabilities.
Grupa Azoty has signed an annex to the Memorandum of Understanding (MoU) concluded on August 1, 2025, between Grupa Azoty, Grupa Azoty Police, Grupa Azoty Polyolefins, and Orlen. The annex broadens the scope of cooperation to include an analysis of the potential sale of all or part of Grupa Azoty Polyolefins shares by Grupa Azoty and Grupa Azoty Police.
On July 31, 2025, the Cooperation and Stabilization Agreement between Grupa Azoty and the Key Stakeholders of the Polimery Police project, originally signed on December 19, 2024 (along with subsequent annexes), expired. At the same time, the agreement dated January 16, 2025 (with annexes) between Grupa Azoty, its subsidiaries Grupa Azoty Police and Grupa Azoty Polyolefins, and Orlen, regarding the continuation of cooperation to define the terms and conditions of a potential transaction involving the acquisition of all or part of the shares in GA Polyolefins or another form of investment, also expired.
On July 14, 2025, Grupa Azoty and the key stakeholders of the Polimery Police project signed another annex to the Cooperation and Stabilization Agreement dated December 19, 2024, extending its term until July 31, 2025.
The Supervisory Board of Grupa Azoty S.A. has adopted a resolution appointing Mr. Andrzej Skolmowski as President of the Management Board for the Company’s 13th term. The resolution came into effect upon adoption.