The Management Board of Grupa Azoty S.A. („Company”) announces that at its meeting on May 20th 2016, the Company’s Supervisory Board made the following changes to the composition of the Company’s Management Board:

- removed Mr Andrzej Skolmowski, Vice-President of the Management Board, from the Management Board. The resolution came into force as of its date;

- appointed Mr Paweł Andrzej Łapiński to the Management Board and to the position of Vice-President of the Management Board. The resolution came into force as of its date;

- resolved to appoint Mr Tomasz Hinc, a member of the Company’s Management Board, to the position of Vice President of the Management Board. The resolution came into force as of its date;

- resolved to appoint Mr Józef Rojek, a member of the Company’s Management Board, to the position of Vice President of the Management Board. The resolution came into force as of its date.