For several weeks now, fertilizer prices have been on an upward trend in the main global markets. This is the result of several factors – demand, fertilizer availability, and supply logistics. Fertilizers are becoming moderately more expensive both in countries with low and stable production costs and in countries where costs are high and subject to rapid changes. In light of the trend observed over several quarters of postponing fertilizer purchases until just before the seasonal peak, Grupa Azoty consistently recommends spreading purchases over several batches to reduce the risk of buying products at high prices.

The Supervisory Board has confirmed the validity of the election process for the candidate selected by the Company's employees to serve as a Member of the Management Board for the 13th term. The election took place from January 27 to February 11, 2025. Following this confirmation, on February 27, 2025, the Supervisory Board appointed Mr. Artur Babicz as a Member of the Management Board, with his term commencing on March 1, 2025.

Grupa Azoty is introducing a new product to the market: FOLIRES™, a nitrogen fertilizer with sulfur and magnesium designed for foliar plant nutrition. Produced at Grupa Azoty Puławy, it will be available in 20 kg packaging. In recent months, Grupa Azoty has launched several innovative products, including POLIFOSKA Multi S, megAN, RSM OPTIMA, and eNpluS.

In February this year, Grupa Azoty joined Business & Science Poland (BSP), the largest Polish business organization in Brussels, which represents the interests of Polish enterprises and assists in managing regulatory and economic risks. Currently, the main challenges for Grupa Azoty include, among others, gas prices and costs related to CO₂ emissions; these issues will therefore be the primary concerns raised by the Group’s representatives within the framework of its BSP membership.

The Grupa Azoty Management Board has approved a resolution that preliminarily adopts a concept for integrating logistics operations within the Grupa Azoty Capital Group. In the coming steps, a dedicated team will develop the final integration model, exploring opportunities to centralize logistics functions.

Grupa Azoty Puławy has decided to issue and deliver a debit note to the Contractor of the 100 MWe coal-fired power unit project (the Polimex Mostostal S.A. consortium) for over PLN 239 million as a contractual penalty for the termination of the contract due to reasons attributable to the Contractor.