Statement issued by Nitrogénművek Zrt. in regard to the charges laid against László Bige and five of his colleagues – Pétfürdő, Wednesday, October 13, 2021

According to press reports, the Szabolcs-Szatmár-Bereg County Prosecutor General’s Office has charged László Bige and five of his colleagues with the crimes of misappropriation of funds causing a particularly significant financial loss and accepting bribes by a person entitled to act independently and with the offence of using forged private documents.

In the opinion of Nitrogénművek Zrt., the accusations made by the Prosecutor against László Bige and his colleagues are completely unfounded and without any legal basis. In the interest of the Group and all its employees, Nitrogénművek Zrt. will employ all legal means at its disposal to defend the company, its employees and László Bige from the unjust actions taken against them, which are clearly intended to intimidate and to damage the reputation of the President and majority owner of our company, László Bige. The proceedings have no negative impact on the operation of Nitrogénművek Zrt. The company's Board of Directors and its management will ensure its continued production and sales (even amidst the current energy crisis in Europe, at a time when many fertilizer production capacities have been shut down), demonstrating the company’s prudent operation and commitment to the agriculture of the region.