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Entity Subsidiaries

: Grupa Azoty S. A.

Subsidiary	Percentage	From	To
COMPO EXPERT	100.00%	06/2018	12/2050
Grupa Azoty Polyolefins S.A.	30.52%	01/2021	12/2050
Grupa Azoty Zakłady Chemiczne Police S.A.	62.86%	01/2021	12/2050