In Q1 2019, Grupa Azoty reported consolidated revenue of PLN 3,365m, i.e. PLN 868m more than in the corresponding period of 2018. Growth in the prices of most products and the continuing reversal of the price trend for the key feedstock (gas) pushed up EBITDA to PLN 608m (yoy increase of PLN 205m) and EBITDA margin to 18.1% (up 2.0 p.p. year on year).

On March 19th 2019, the Management Board of PDH Polska S.A. passed a resolution to approve Hyundai Engineering Co., Ltd. as a pre-selected bidder in the tender to award a lump-sum turn-key contract for the execution of the Polimery Police project.

Grupa Azoty has selected candidates to the second edition of the ‘Ambassador of Grupa Azoty Brand’ programme. The new Ambassadors are: Agnieszka Szymaszek (AGH University of Science and Technology of Kraków), Jakub Sakowski
(West Pomeranian University of Technology of Szczecin), Rafał Pater (Warsaw University of Technology) and Natalia Barteczko (Silesian University of Technology). There are plenty of challenges ahead and a lot of creative work
for the Ambassadors. The best ones will receive attractive awards, including a paid internship at the Grupa Azoty Group.

The Grupa Azoty Group recorded EBITDA of PLN 44m for the third quarter of 2018 on revenue of PLN 2.32bn. EBITDA fell PLN 211m year on year despite revenue having increased almost PLN 130m, which demonstrates that fluctuations
in the Group’s 2018 performance continue to be largely driven by costs. Year-to-date EBITDA came in at PLN 573m, with revenue at PLN 7.2bn and EBITDA margin at 8%, compared with 13.7% for the first nine months of 2017.

We invite you to watch the transmission of the presentation of Grupa Azoty Q3 2018 results.

Today, in the presence of government officials headed by Prime Minister Mateusz Morawiecki, Grupa Azoty opened its new Research and Development Centre in Tarnów. Constructed over 14 months, the Centre will accommodate research facilities, supporting the delivery of innovative solutions.Its effective use by Grupa Azoty will allow it to build competitive advantages and boost the flow of innovation into its business.