THE DISTRIBUTION OF THIS NOTICE IN CERTAIN JURISDICTIONS MAY BE RESTRICTED BY LAW AND PERSONS INTO WHOSE POSSESSION THIS NOTICE COMES ARE REQUIRED TO INFORM THEMSELVES ABOUT, AND TO OBSERVE, ANY SUCH RESTRICTIONS.

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014.

Nitrogénművek Zrt.
LEI Number - 5493001ZER6R9IYAUY93

30 May 2025

NITROGÉNMŰVEK ZRT.
(THE “ISSUER”)

ANNOUNCES THE RESULTS OF THE ELECTRONIC CONSENT IN RELATION TO ITS OUTSTANDING

EUR200,000,000 7.00 PER CENT. NOTES DUE 2025
(REGULATION S ISIN: XS1811852521 / REGULATION S COMMON CODE: 181185252 / RULE 144A ISIN: XS1811853172 / RULE 144A COMMON CODE: 181185317)

(THE “NOTES”)

Background

On 16 May 2025, the Issuer announced the commencement of an electronic consent in relation to its outstanding Notes (the “Electronic Consent”) to, among other things, (i) waive any and all existing Events of Default or Potential Events of Default in relation to the non-payment of principal of the Notes which were due and payable on 14 May 2025 under the Trust Deed and the Conditions (the “Waiver”)  and (ii) assent to the extension of the maturity date of the Notes by a period of 60 days such that the Notes shall be due and payable at their principal amount together with accrued and unpaid interest on 14 July 2025 (the “New Maturity Date”).

On 23 May 2025, the Issuer extended the Expiration Time for the Electronic Consent to 2 June 2025.

Unless the context otherwise requires, capitalised terms used in this announcement shall bear the meanings given to them in the Notice of Electronic Consent dated 16 May 2025 prepared by the Issuer (the “Notice of Electronic Consent”).

Results of the Electronic Consent

The Issuer announces that, pursuant to the Notice of Electronic Consent, the Extraordinary Resolution was passed by way of Electronic Consent on 30 May 2025.

As such, the Issuer announces that it shall execute an amendment deed, which amends the Terms and Conditions in respect of the Notes to provide for the Waiver and to implement the New Maturity Date.

The Information and Tabulation Agent

Questions and requests for assistance in connection with the foregoing may be directed may be directed to the Information and Tabulation Agent.

The Information and Tabulation Agent is:

D.F. KING LTD.
51 Lime Street
London EC3M 7DQ
United Kingdom

Email: Nitrogenmuvek@dfkingltd.com

Disclaimers

This announcement must be read by Noteholders in conjunction with the Notice for Electronic Consent.

This announcement is made by Nitrogénművek Zrt. and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (“MAR”). For the purposes of MAR and the Implementing Technical Standards, this announcement is made by Zoltán Bige, Chief Strategy Officer and Member of the Board at the Issuer.

This announcement is given by the Issuer.

30 May 2025