公告日期：2024-03-27

Stock Code: 000553 (200553) Stock abbreviation: ADAMA A (B) Announcement No. 2024-9
ADAMA Ltd.

Announcement on the Fulfillment of Performance Commitments

Related to a Controlled Subsidiary

The Company and all members of its board of directors hereby confirm that all information
disclosed herein is true, accurate and complete with no false recording, misleading statement
or material omission.

At the 30th meeting of the 9th session of the Board of Directors of ADAMA Ltd. (hereinafter referred
to as the “Company”) held on March 25th, 2024, the Resolution on the Fulfillment of Performance
Commitments Related to a Controlled Subsidiary was considered and approved, and Deloitte Touche
Tohmatsu Certified Public Accountants LLP (Special General Partnership) (hereinafter referred to as
the “Deloitte”) issued the Special Report on Difference between Actual and Promised Gross Profits
for Purchase of ADAMA Huifeng (Shanghai) Agricultural Technology Co., Ltd (De Shi Bao (He) Zi
(24) No. E00116). Details are as follows:

I. Overview of theAcquisition Transaction

Pursuant to the resolutions of the 18th, 21st and 27th Meetings of the 8th Session of the Board of
Directors of the Company, the Company signed the Equity Purchase Agreement, the Supplementary
Agreement to Equity Purchase Agreement (“Supplementary Agreement (I)”) and the Supplementary
Agreement(II)toEquityPurchaseAgreement(“SupplementaryAgreement(II)”)withJiangsuHuifeng
Bio-agriculture Co., Ltd. (hereinafter referred to as “Jiangsu Huifeng”) to acquire from Jiangsu
Huifeng 50% of the equity interest in Shanghai Dibai Plant Protection Co. Ltd. (renamed toADAMA
Huifeng (Shanghai) Agricultural Technology Co., Ltd., hereinafter referred to as “ADAMA Huifeng
(Shanghai)”) and signed the Equity Purchase Agreement in relation to the acquisition of 51% equity
interest in Jiangsu Kelinong Agrochemical Co., Ltd. and 1% equity interest of ADAMA ……
[点击查看PDF原文]

提示：本网不保证其真实性和客观性，一切有关该股的有效信息，以交易所的公告为准，敬请投资者注意风险。