The Plastics Day was an event held in front of the Grupa Azoty Group’s headquarters in Tarnów on June 1st. During the event, Company representatives demonstrated a range of exhibits to illustrate how plastics have changed over years and how they influenced various areas, including the automotive, medical, and defence industries. The event attracted a total turnout of several hundred, including children, students and residents of Tarnów.

In view of price change on the European gas market in the last weeks of May and the demand forecasts, Grupa Azoty Group companies are raising their production levels.

In view of the potential risk of breaching the net debt/EBITDA ratio at the end of the first half of 2023 by exceeding the maximum levels allowed under Grupa Azoty Group’s financing agreements, as announced by the Company in a current report of May 15th 2023, the Management Board of Grupa Azoty S.A. has entered into talks with the financial institutions on this issue.

Grupa Azoty was among the signatories of a letter of intent to develop Polish ion cell technology, signed at the initiative of the Ministry of Climate and Environment. According to the document, creating a complete and sustainable ion cell value chain relying on domestic raw material resources would help enhance energy security and preserve the strategic competitiveness of the national economy.

In the three months ended March 31st 2023, the Grupa Azoty Group generated consolidated revenue of PLN 3,895m, EBITDA of PLN -401m, and EBITDA margin of -10.3%. The financial results are in line with the estimates published by the Company on May 15th 2023.

Polskie Centrum Badań i Certyfikacji S.A. (PCBC) has completed a conformity assessment of the Grupa Azoty Group’s fertilizing products with the requirements set forth in Regulation (EU) 2019/1009 of the European Parliament and of the Council. Following the assessment, the Group was awarded certificates confirming that its fertilizing products meet the requirements effective in the European Union as of July 16th 2022. The certificates also confirm conformity of the Group’s manufacturing quality systems.