PhosAgro Announces Results of General Meeting of Shareholders

Moscow – PJSC PhosAgro, one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces the results of voting at a general meeting of shareholders.

The meeting took place on 24 June 2025 in accordance with a resolution of PhosAgro’s Board of Directors, which reviewed the Company’s operational and financial performance for the first quarter of 2025 at its meeting on 15 May.

At the Board meeting, the Company reported a new quarterly record for agrochemical production, at 3.11 million tonnes (up 3.6% year-on-year). Output of phosphate-based fertilizers and feed phosphates rose by 5% to a record of 2.37 million tonnes. Production of key feedstocks also reached all-time highs: sulphuric acid and wet-process phosphoric acid reached 2.22 million tonnes (up 1.9%) and 929 thousand tonnes (up 3.8%), respectively. These results lay a solid foundation for achieving a historic annual production record of over 12.5 million tonnes of finished products.

The general meeting of shareholders did not approve the payment of dividends based on the results of the first quarter of 2025.