Grupa Azoty S.A.

Annual / Quarterly Financial Statement • Aug 29, 2018

Tarnów, August 27th 2018

REPRESENTATION

The Management Board of Grupa Azoty S.A. represents that to the best of its knowledge the interim condensed consolidated financial statements and the interim condensed separate financial statements for the periods January 1st – June 30th 2018 and April 1st – June 30th 2018, together with the comparative data, have been prepared in accordance with the applicable accounting policies and give a true and fair view of the Grupa Azoty Group's and its Parent's assets, financial position and performance. The report on the Grupa Azoty Group's operations in the period January 1st – June 30th 2018 gives a true view of the Group's development, achievements and position, and includes a description of key threats and risks.

Signatures of members of the Management Board

……………………………… ……………………………… Wojciech Wardacki, PhD Witold Szczypiński

President of the Management Board Vice President of the Management Board Director General

……………………………… Mariusz Grab Grzegorz Kądzielawski, PhD

……………………………… Vice President of the Management Board Vice President of the Management Board

……………………………… ……………………………… Paweł Łapiński Artur Kopeć Vice President of the Management Board Member of the Management Board