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.

The financial results for the first quarter align with previously published estimates. In Q1 2025, Grupa Azoty generated consolidated sales revenue of PLN 3,822 million and EBITDA of minus PLN 8 million, with an EBITDA margin of minus 0.2%. This represents a year-on-year improvement in EBITDA of PLN 42 million compared to Q1 2024. The Agro Segment recorded a positive EBITDA margin.

The deadline for the Agreement signed on January 16 between Orlen S.A., Grupa Azoty S.A., Grupa Azoty Police S.A., and Grupa Azoty Polyolefins S.A. has been extended to June 23. The parties will continue to collaborate to finalize the terms and conditions of a potential transaction involving the acquisition by Orlen Group of all or part of Grupa Azoty Polyolefins shares held by Grupa Azoty or another form of investment.