PKN Orlen S.A. — M&A Activity 2025

Dec 31, 2025

Report Content Extension of non-binding offer validity to buy all shares of Grupa Azoty PolyolefinsRegulatory announcement no 72/2025 dated 31 December 2025ORLEN S.A. ("ORLEN", "Company") on 31 December 2025 informed Grupa Azoty S.A. that it maintains the conditions of the non-binding offer ("Offer") to buy all shares of Grupa Azoty Polyolefins S.A. ("GAP") and extends the validity of the Offer by 31 March 2026. ORLEN made the Offer to Grupa Azoty S.A. on 15 October 2025. ORLEN holds currently 17,3% of GAP's shares.See also: regulatory announcement no 53/2025 as of 15 October 2025 and no 67/2025 as of 15 December 2025.