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安道麦B:2021年环境、社会与公司治理报告(英文版)2022-08-30  

                        2021 ADAMA
ESG Report
      Content




      Our Commitment                                     Governance & Ethics                             Our Products
      About Us...................................... 5   Corporate Governance............... 17          Our Innovative Sustainable
      Our Strategy ...............................12     Upholding Ethical Behavior .......22            Products ....................................29
      Our Stakeholders ........................14                                                        Agriculture Technologies ........... 36




      Our People                                         Environment                                     Social Responsibility
      Diversity and Inclusion................41          Our Environmental Impact .........61            Our Social Investment Policy
      Growth and Development .........46                 Energy, GHG and Air Quality..... 69             and Strategy ............................... 81
      Ethical Employer ........................50        Water, Effluents and Waste ....... 73           Our Social Responsibility
      Health and Safety ..................... 52         Bringing Sustainability to Our                  Projects ...................................... 83
                                                         Chinese Facilities ....................... 77   Our People Engagement and
                                                                                                         Community Relations................ 90


                                                                                                         Annex.......................................97




2 |                                                                                                             2021 ADAMA ESG Report| 3
      Our Commitment




      About us
      ADAMA is a leading global crop protection company, providing solutions to combat weeds, insects and
      disease, so farmers can do what they do best: feed the world.

      ADAMA has one of the widest and most diverse portfolios of active ingredients in the industry, as well as state-
      of-the-art R&D, manufacturing, and formulation facilities. With a culture that empowers our People to listen
      to farmers and ideate from the field, ADAMA is uniquely positioned to offer a vast array of distinctive mixtures,
      formulations, and high-quality, differentiated products, to deliver solutions that meet local farmer and customer
      needs in over 100 countries globally.



      2021 Highlights




      Our Products                Our People                   Health & Safety               Environment
      1,450                       35%                          43%                           30%
      different formulations      of all open positions were   of our sites ISO 45001        decrease in GHG emission
                                  filled internally            certified                     per tonne production,
      $150 Million                                                                           from averaged values
      invested in R&D             87%                          0.45                          2011-2020
                                  employee retention rate      injury rate
      Bralic                                                                                 57%
      An exciting new biological 18.6%                                                       of our sites are
      product based on garlic oil of managers are women                                      ISO 14001 certified
      extract alone
                                                                                             36%
                                                                                             more recycle and
                                                                                             reused hazardous waste
                                                                                             compared to 2020




4 |                                                                                      2021 ADAMA ESG Report| 5
Our Values
Our purpose and values are about who we are as a company. They are our DNA and they serve as a compass
that guides our behavior.




       GETTING                         CREATING                EMPOWERING                       PASSION
         IT DOUN                    SIMPLICITY                        PEOPLE                    FOR PEOPLE


Our get it done attitude        We keep things simple.       Each of us has the           Our passion is the fuel
drives us to constantly         That’s because we           freedom to act; to bring     that propels us. We’re
seek better, more               get how complex and          new ideas to strengthen      passionate about
effective solutions for our     challenging farming and      ADAMA and improve the        agriculture and the role
customers with energy           our industry is.             solutions we provide our     we play in helping farmers
and enthusiasm.                                              customers.                   produce the food needed
                                We bring a straightforward
                                                                                          to nourish the planet.
We roll up our sleeves to       and clear approach to        We’re empowered to
meet their challenges,          doing business with our      take initiative and to       We’re passionate about
keep our promises and           customers and work hard      think entrepreneurially.     seeing ADAMA succeed
deliver results. That’s when   to make farmers’ lives      This goes together with a    and in the larger success
we’re at our best.             easier with effective,       commitment to mentor,        of our customers, partners
                                easy-to-use solutions.       train, inspire and provide   and colleagues around the
                                                             resources to help us         world.
                                                             perform better.


                                                                                                                       Who We Are
Global Presence                                                                                                        ADAMA offers a comprehensive range of high quality, differentiated, and effective herbicides, insecticides,
                                                                                                                       and fungicides that help farmers worldwide to increase yields by preventing or controlling weeds, insects,
                                                                                                                       and diseases that harm their crops.

                                                 100+                                                                  Farmers everywhere are facing a growing set of challenges, driven by climate change and the rising demand for
                                                                                                                       nutritious, safe, and affordable food.
                                                 Reaching Farmers in 100+ Markets
                                                                                                                       With the broadest portfolio in the world, ADAMA is uniquely positioned to address local customer needs, offering
                                                 45                                                                    high-quality off-patent products as well as unique, market-leading solutions.
                                                 Countries with a presence on the ground

                                                 2
                                                 Fully backward-integrated production hubs                             Our Leadership Framework
                                                 in Israel & China
                                                                                                                       Our leadership framework describes what we value as leaders in
                                                                                                                       ADAMA and encodes it in a framework that helps guide the way we
                                                 22                                                                    lead now and in the future.
                                                 Synthesis and formulation facilities
                                                 worldwide                                                             This framework establishes a set of guiding principles for all our
                                                                                                                       leaders. It transcends all levels, and aims to help each of us develop
                                                 4                                                                     our mastery over time.
                                                 State-of-the-art R&D Centers




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    Our Management                                                                                                                                                           Finance
    ADAMA’s experienced international Leadership Team is committed to strengthening and shaping our
    sustainability agenda to further contribute to all ADAMA`s stakeholders. Michal Arlosoroff, EVP Legal, Chief
    Communications, & Sustainability Officer, is responsible for managing and overseeing all sustainability activities,
         An Experienced International
    including the reporting of an annual ESG report.
                                                                                                                                                                                             Total Sales in 2020         Total Sales in 2021

         Leadership Team                                                                                                                                                                        4,127                     4,813
                                                                                        President & CEO
                                                                                        Ignacio Dominguez
                                                                                                                                                                                                   in Million $              in Million $


                                                                                                          Legal, Sustainability,
                       CFO                                         Global Operations                                                            People
                                                                                                          Communication
                       Shahar Florence                             Elad Shabtai                                                                 Mody Benaiah
                                                                                                          Michal Arlosoroff

                                                                                  Executive Committee

                                                                                                                                                                                                                         Sales by Regional Performance
             Brazil                                 APAC & IMA                             Europe                                  Americas                        China
             Romeu Stanguerlin                      David Peters                           Rob Williams                            Steven Hawkins                  An Liru


                                                                                                                                                                                             572                                                                  650
                                                                   IDR                                     Marketing & PS                                                                    India, Middle East                                                   India, Middle East
                                                                   Yoav Avidor                             Walter Costa                                                                      & Africa                                                             & Africa

                                                                                                                                                                                                                                  1,036                                                               1,072
                                                                                   Business Committee                                                                                                                                                                                                 Europe
                                                                                                                                                                               324                                                Europe
                                                                                                                                                                                                                                                    513
                                 Finance                                South Europe                           Latin America                        China Operations           China
                                                                                                                                                                                                                                                    China
                                 Efrat Nagar                            Edgardo Iglesias                       Carlos Danilowicz                    David Ben Simon


                                                                        North Europe                                                                                         332                                  2020                                                                 2021
                                 IMA
                                 Yossi Goldshmidt
                                                                        Jean-Philippe
                                                                                                               US Ag
                                                                                                               Jake Brodsgaard
                                                                                                                                                                             Asia Pasiific                                                        385
                                                                        Bordes                                                                                                                                                                    Asia Pasiific
1
                                                                                                                                                                                                                                                                                                      917
                                                                                                                                                                                                                                                                                                      North America
                                                                                                                                                                                                                                  776
                                                                                                                                                                                       1,088                                      North America             1,276
                                                                                                                                                                                       Latin America                                                        Latin America




                                                                                                                                                                                                                           Sales by Product Category

                                                                                                                                                                                               389                                                                   464
                                                                                                                                                                                               Non Agro                                                              Non Agro




                                                                                                                                                                               857                                                   1,707          952                                                  1,972
                                                                                                                                                                               Fungicides                                                           Fungicides
                                                                                                                                                                                                                                     Herbicides                                                          Herbicides

                                                                                                                                                                                                                  2020                                                                 2021



                                                                                                                                                                                             1,175                                                                1,425
                                                                                                                                                                                             Insecticides                                                         Insecticides




    8 |                                                                                                                                                                                                                                                                                2021 ADAMA ESG Report| 9
Economic Value Generated and Distributed*                                                                                           Our History
                                                                                                                                    ADAMA celebrates its more than 75-year heritage, having started from two Israeli crop protection companies,
                                                                                         2020                     2021              Agan (1945) and Makhteshim (1952), which merged in 1997 to form Makhteshim Agan.

                                                                                   (USD, Thousand)          (USD, Thousand)
                                                                                                                                    In 2011, we became part of the ChemChina Group (the China National Chemical Corporation), which started
                                                                                                                                    a new and exciting chapter in our story. In 2014, we introduced our new global brand and became known as
                                                                                                                                    ADAMA. In 2017, with our landmark combination with Sanonda, we returned to the public markets.
 Direct economic value generated: revenues (total net sales)                          4,127,751                4,813,041
                                                                                                                                    Today, ADAMA is a member of the Syngenta Group, the world’s largest agricultural inputs company.

 Economic value distributed:                                                          4,127,751                4,813,041

                                                                                                                                                        1952                         1992         1998             2011           2014             2016            2017                  2020
                                                                                                                                                        Makhteshim                   Makhteshim   Merger of        ChemChina      Launch of        ChemChina       Adama and Sanonda     Adama become
 Total operating costs (including R&D expenses, employee wages,                                                                                         Chemical                     Listed on    Makhteshim       acquires 60%   global brand     acquires 100%   combine to create     a distinctive
                                                                                      4,057,924                4,741,003                                Works                        TASE         and Agan         ownership      ADAMA; New       ownership       first integrated      member of

 and other expenses)                                                                                                                                    founded                                   Listed on TASE                  leadership,
                                                                                                                                                                                                                                  organizational
                                                                                                                                                                                                                                                                   Global-China Crop
                                                                                                                                                                                                                                                                   Protection leader
                                                                                                                                                                                                                                                                                         industry leader
                                                                                                                                                                                                                                                                                         Syngenta Group
                                                                                                                                                                                                                                  structure




 Total payments to employees including wages and benefits
                                                                                         522                      560
 (pension, social security, etc.)
                                                                                                                                            1945                       1982                                                                                        ADAMA Ltd. become
                                                                                                                                            Agan Chemicals             Agan listed                                                                                 publicly traded on
                                                                                                                                            founded                    on TASE                                                                                     Shenzhen Stock
                                                                                                                                                                                                                                                                   Exchange
 Total payments to suppliers                                                            3,150                     3,410


 Total amount paid to providers of capital                                               9,162                   12,349                                      1958
                                                                                                                                                             Sanonda
                                                                                                                                                                                      1993
                                                                                                                                                                                      Sanonda
                                                                                                                                                                                                         2005
                                                                                                                                                                                                         ChemChina
                                                                                                                                                             founded                  listed on          becomes largest
                                                                                                                                                                                      Shenzhen           shareholder in
                                                                                                                                                                                      Stock Exchange     Sanonda


 Capital expenditure                                                                     214                      402


 Total payments to governments (taxes, etc.) by country                                 31,552                   59,045


 Total community investments                                                            2,807                    2,599
                                                                                                                                     GRI Sustainability Reporting Standards
 Total economic value distributed                                                     4,101,445                4,814,996             GRI 103, GRI 102-9, GRI 102-44, GRI 307-1, GRI 413-1, GRI 413-2

                                                                                                                                     Sustainabe Development Goals
* The financial information above should be read in conjunction with the consolidated financial statements of ADAMA Ltd. as filed
in the Shenzhen stock exchange in accordance to the PRC GAAP.

                                                                                                                                                               End poverty in all it's forms                                                                  Build resillient infrastructure,
                                                                                                                                                               everywhere                                                                                     promote inclusive and
                                                                                                                                                                                                                                                              sustainable industrialization
                                                                                                                                                                                                                                                              and faster innovation




                                                                                                                                                               End hunger, achieve food                                                                       Ensure sustainable
                                                                                                                                                               security and improoved                                                                         consumption and production
                                                                                                                                                               nutrition and promote                                                                          patterns
                                                                                                                                                               sustainable agriculture




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Our Strategy                                                                                                               Materiality Assessment
                                                                                                                           Impact Model
ADAMA’s promise is to Listen > Learn > Deliver. When it comes to our customers, our best solutions develop                During 2019-2020 we conducted in-depth and extensive
when we take their input and learn from their experience. That is why we actively seek opportunities to listen to          research among our employees, farmers, retailers, and
                                                                                                                                                                                                                                                                                                                                    Conducting
farmers, channel partners, and agronomy experts, to understand the specific challenges they face, their pain               consultants in 13 of the countries in which we operate. The                                                                                                                                             Good Business
points, and needs.                                                                                                         purpose of the study was to listen, gather insights, and learn
                                                                                                                           about expectations and trends from these main stakeholder
We integrate the information we acquire externally with the expertise and know-how that we bring to the table              groups, to deepen our understanding and learn more about
from years of experience in the industry.                                                                                  our products, our perceived added-value, and our brand. The
                                                                                                                           research insights were processed and incorporated into the
We have approached our sustainability strategy in the same way.                                                                                                                                                                                                           Reducing Our                                                                      Caring for
                                                                                                                           updated materiality assessment, alongside additional data we                                                                                   Environmental                                                                     Our People
                                                                                                                           gathered to assure an in-depth, updated analysis.                                                                                                 Impact

                                                                                                                           The research helped us recognize the expectations of our
Our North Star                                                                                                             stakeholders, while also examining industry practices,
                                                                                                                           analyzing SASB sectorial materiality topics, CDP, and EcoVadis.
The North Star presents a clear strategic roadmap to achieve sustained growth and maintain a leadership
position in our industry.                                                                                                  Through this process, we identified three key sustainability
                                                                                                                           pillars that incorporate the material sustainability topics that
It's made up of four interconnected key levers that work together to create a dynamo effect - each one                     are essential to us.
building on the other, creating momentum and enhancing everything we do to create a strong and enduring
competitive advantage for ADAMA.                                                                                           These three pillars serve as the basis for our Impact Model, and the organizing principle of this report.



                                                                                         We learn from farmers’
                                                                                                                           Materiality Map
                                                                                         insights and bring our
                                                                                         expertise in advanced             The updated materiality map and the global urgency to promote environmental sustainability led us to
                                                  Farmer-Inspired &                      formulation innovation            the understanding that the key sustainability issues we need to prioritize are the environment which have a
                                                  Channel-Partnered                      to develop differentiated,        significant impact on our business, our People, and our planet. To that end, we reformulated our sustainability
                                                                                         superior products with
We listen to farmers, advisors
                                                                                         features and benefits that
                                                                                                                           mission:
and experts to understand
                                                                                                                            Materiality a Growing Global Population While Fulfilling the Needs of Farmers Around the World.
                                                                                                                           Meeting the Needs ofMap
local needs and deliver                                                                  deliver significant advantages
solutions that address their                                                             for our customers.
pain points, all in collaboration
with our channel partners.          Super-Class                                                                                                                                                                                                                                                               Climate risks and opportunities
                                      Supply                                                                                                                                                                               Global hunger and nutrition           Energy
                                                                                                                                                                                                                                                                                                              management
                                                                                                                             E
                                                                                                                                   Reducing                                        Public health and safety                                                      management
                                                                                                                                   environmen                                                                              security
                                                                      Formulation




                                                                                                                                                   Impact on stakeholders
                                                                                                                                   tal impact
                                                                                                                                                                                                                                                 Farmer’s empowerment – information,           Environmental
                                                                        Mastery          We develop and manage
                                                                                                                                                                                                  Affordability                                  tools and technology                            compliance
                                                                                                                                                                                                                                                                                                                            Environmental impact of our
                                                                                                                                   Caring for
                                                                                                                             S
                                                                                                                                                                                                                                                                          Hazardous and Toxic                               products
Our global network of                                                                    our portfolio by focusing on              our people
                                                                                                                                                                                                                                           Environmental
                                                                                                                                                                                                                                           investment                     materials management
                                                                                                                                                                                                  Equal opportunity and anti-
manufacturing assets and                                                                 strategic crop segments in                                                                               harassment
                                                                                                                                                                                                                                                                Diversity and Inclusion
                                                                                                                                                                                                                                                                                                                                               Product and process Innovation – New
                                                                                                                                                                                                                                                                                                          Reduce emissions                     and unique solutions, wide range of
partnerships is agile, reliable                                                          each of our markets to deliver                                                                                 Human Rights management                                                                                                                products

and cost competitive, allowing                                                           valuable and sustainable            G     Conducting
                                                                                                                                   good business                                                               Employee welfare and
                                                                                                                                                                                                                                                                Water consumption
                                                                                                                                                                                                                                                                management
                                                                                                                                                                                                                                                                                                  Occupational Health
                                                                                                                                                                                                                                                                                                  & Safety                          Responsible supply-chain

for flexible supply models to                                                            solutions that meet the current                                                                                       labor relations
                                                                                                                                                                                                                                                                       Waste and Effluents
better serve our customers. We                                                           and future needs of growers.                                                       Data security and privacy                       Transparency                               management
                                                                                                                                                                                                                                                                                                                        Business ethics


maintain the highest standards                     Value-Optimized                                                                                                                                                                                           Community relations and              Anti Bribery and
                                                                                                                                                                                                                                                                                                                                   Product quality, Stewardship, high
                                                                                                                                                                                                                                                                                                                                   efficiency and Safety

                                                       Portfolio
                                                                                                                                                                                                                                                             employee engagement                  corruption
                                                                                                                                                                                        Fair competition
of quality and Health, Safety
and Environmental (HSE)                                                                                                                                                                                                                                                      Employee empowerment and
                                                                                                                                                                                                                                                                                                                                          Economic impact and
                                                                                                                                                                                                                                  Biodiversity                                                                                            performance
standards.                                                                                                                                                                                                                                                                   development




                                                                                                                                                                                                                                                                                                                                                   Impact on ADAMA



                                                                                                                              GRI Sustainability Reporting Standards
                                                                                                                              GRI 103, GRI 102-44, GRI 102-47




12 |                                                                                                                                                                                                                                                                                                        2021 ADAMA ESG Report| 13
                                                                                                                  Listening to Farmers and Customers
                                                                                                                  As part of our commitment and vision, ADAMA built dedicated crop management teams
                                                                                                                  throughout the world to maintain ongoing and direct communication with farmers. Each
                                                                                                                  team consists of expert agronomists that provide unbiased advice on the best solutions to
                                                                                                                  maintain the healthy crops, and support farmers in using ADAMA products in a safe and
                                                                                                                  sustainable way.



                                                                                                                  Listening to Our People
                                                                                                                  Only by actively listening and seeking out additional opportunities to hear from our People,
                                                                                                                  can we improve as a company. In addition to daily dialogue, we implement periodic
                                                                                                                  engagement surveys and a “360° assessment” of managers. The engagement survey
                                                                                                                  reflected that our People are satisfied with the physical work environment, culture and values,
                                                                                                                  customer focus, and work/life balance. Although we have made great improvements since
                                                                                                                  2016, our People identified areas for further improvement in learning and development,
                                                                                                                  career opportunities, and employer brand, as well as in rewards and recognition. Based on
                                                                                                                  this feedback, ADAMA launched our new learning platform, SPARK.



                                                                                                                  Listening to Our Communities
                                                                                                                  We apply our listening approach to the communities we operate in, and build personal,
                                                                                                                  lasting relationships with our partners. With each collaboration that we initiate or engage
Our Stakeholders                                                                                                  in, we take time in advance to understand the needs of those involved, whether they are
                                                                                                                  local authorities, welfare departments, NGOs, or other local organizations. We continue an
                                                                                                                  ongoing dialogue with our partners throughout the year.

The ability of farmers to meet the needs of a growing global population while using fewer natural resources and
reducing greenhouse gas emissions depends on collaboration across the agricultural community.
                                                                                                                  Our Industry Memberships
Sustainable agriculture is too important and too complex for one business to lead the agenda alone. Therefore,
                                                                                                                  We recognize the importance of participating in both international and local committees
we place great emphasis on listening to and learning from our stakeholders, to help us to incorporate
                                                                                                                  and organizations to achieve improvement in industry-related issues. Taking part in such
sustainability into every aspect of our operation.
                                                                                                                  committees allows us to create a dialogue and share knowledge with other industry members
                                                                                                                  and with governmental and non-governmental organizations, to benefit all stakeholders.

                                           “Climate change and the imminent global food crisis demand            We hold memberships in Chambers of Commerce in several of the countries in which we
                                           that agriculture and our industry must transform if we are             operate and are active in committees on various relevant topics around the world. We
                                           to have sustainable food security for a growing population.            actively participate in the initiatives of various organizations, including those listed below, and
                                           ADAMA chooses to put ESG values in the center of its activity          we frequently share information with other organization members as we strive for a safe and
                                           and to integrate sustainability into every aspect of the business –   sustainable future.
                                           products, manufacturing, operations, and people. Our investment
                                           in novel formulation technologies to deliver superior products with
                                           enhanced biological performance is resulting in better solutions
                                           for farmers and a favorable sustainable footprint, ultimately
                                           benefiting all our stakeholders. We'll continue to listen to farmers
                                           and deliver what they need to succeed, making sustainable
                                           agriculture part of the solution".

                                           Ignacio Dominguez
                                           President and CEO




14 |                                                                                                                                                                                 2021 ADAMA ESG Report| 15
       Governance & Ethics




       Corporate Governance
       Strong corporate governance, based on the principles of professionalism, leadership, accountability, and
       transparency, is an integral part of our core values. We regard it as a critical aspect of our sustainable growth
       and value creation. To uphold the principles of corporate governance, we have adopted a code of conduct,
       among many other initiatives, which applies to all our People and stakeholders, and is strengthened by various
       internal programs.

       Following the combination of ADAMA Agricultural Solutions Ltd. (“ADAMA Solutions”) and Hubei Sanonda
       Co. Ltd., a listed entity traded in the Shenzhen Stock Exchange (“Listed Entity”) in 2017, the Listed Entity was
       renamed ADAMA Ltd., with one global management leading both companies.

       In June 2020, ADAMA Group became a distinctive member of the newly established Syngenta Group - an
       agricultural industry leader owned by ChemChina, which was created by unifying the agricultural businesses
       of ChemChina and Sinochem (“Syngenta Group”). No change consequently occurred in ADAMA Solutions’ or
       ADAMA Ltd.’s controlling shareholder. ADAMA Solutions continues to be headquartered in Israel, and ADAMA
       Ltd. continues to be traded on the Shenzhen Stock Exchange, while we at ADAMA maintain our own un ique
       brand and positioning.



       Board of Directors
        Member          Description                                               BoD                   BoD
        of the Board                                                              ADAMA Ltd             ADAMA Solutions

        Erik Fyrwald    Mr. Fyrwald, age 63, was appointed Chairman Chairman of the
                        of the Board of Directors of ADAMA Ltd.. He also Board of Directors
                        serves as CEO of Syngenta Group Co., Ltd., CEO and
                        Executive Director of Syngenta AG, and Chairman of
                        the Syngenta Foundation for Sustainable Agriculture.
                        He currently also serves on the board of directors of
                        CropLife International, the Swiss-American Chamber
                        of Commerce, and the listed entities Bunge Limited
                        and Eli Lilly & Company. Mr. Fyrwald holds a B.Sc. in
                        chemical engineering from the University of Delaware,
                        and completed the Advanced Management Program
                        at Harvard Business School.




16 |                                                                                          2021 ADAMA ESG Report| 17
Member         Description                                                       BoD                    BoD                   Member         Description                                                    BoD                    BoD
of the Board                                                                     ADAMA Ltd              ADAMA Solutions       of the Board                                                                  ADAMA Ltd              ADAMA Solutions

Ignacio        Mr. Dominguez, age 62 serves as the President and CEO President and CEO                  President and CEO,    Ge Ming        Mr. Ming, age 70, serves as an independent director            Independent Director
Dominguez      of both ADAMA Ltd. and ADAMA Solutions and, as well                                      and Chairman of the                  of ADAMA Ltd. He holds a master’s degree in western           (Member of the
               as the Chairman of the Board of Directors of ADAMA                                       Board of Directors                   accounting, and he is a senior accountant, a certified         Audit Committee,
               Solutions.                                                                                                                    Chinese public accountant as well as an Australian             Nomination
               He holds an M.Sc. in physics, specializing in automatic                                                                       certified public accountant. He previously served as           Committee,
               calculus, artificial intelligence structure of microprocessors,                                                               the chairman and chief accountant of Ernst & Young
                                                                                                                                                                                                            Remuneration
               and programming languages, from the Universidad                                                                               Hua Ming Certified Public Accountants Firm, and as the
                                                                                                                                                                                                            Committee, and
               Complutense de Madrid.                                                                                                        managing partner, chief accountant and senior advisor
                                                                                                                                                                                                            Strategy Committee)
                                                                                                                                             of Ernst & Young Hua Ming Certified Public Accountants
Chen           Mr. Lichtenstein, age 54, serves as a Director of ADAMA Director                         Director                             (special general partnership). Mr. Ming currently serves
Lichtenstein   Ltd. and ADAMA Solutions, and also serves as the CFO of                                                                       as an independent director on the board of directors
               Syngenta Group Co., Ltd. and its wholly-owned subsidiary                                                                      of AsiaInfo. He currently also serves on the supervisory
               - Syngenta AG. He holds joint doctoral degrees from                                                                           boards of the Bank of Shanghai, Bank of Suzhou, Tencent
               Stanford University's Graduate School of Business and                                                                         Foundation, and serves as the executive director and
               School of Law, and a B.Sc. (physics) and LL.B. from the                                                                       general manager of Beijing Huaming Fulong Accounting
               Hebrew University of Jerusalem.                                                                                               Consulting Co., Ltd.


An Liru        Mr. Liru, age 52, serves as a Director of both ADAMA Director                            Director              Dalit Braun    Ms. Braun, age 56, is the founder and partner of Realya                               External Director
               Ltd. and ADAMA Solutions, and serves as Senior Vice                                                                           USA, is a business development and economics advisor for                              (Chairperson
               President, China Cluster. Mr. Liru holds an MBA, an M.Sc.                                                                     Israel Airports Authority, and the founder and former CEO                             of the Audit
               in chemical engineering, and a B.Sc. in applied chemistry,                                                                    of Pick’nTell. She has an MBA from the Tel Aviv University,                          Committee and
               all from Nanjing University.                                                                                                  an LLM in European business law from Anglia Ruskin                                    the Remuneration
                                                                                                                                             University in the UK, and a B.Sc. in industrial engineering                           Committee; member
Ning           Mr. Gaoning, age 64, serves as the Chairman of the Board                                 Director                             and management from the Technion, Israel Institute of
                                                                                                                                                                                                                                   of the Financial
Gaoning        of Directors of China National Chemical Corporation                                                                           Technology. Ms. Braun formerly served as an External
                                                                                                                                                                                                                                   Statements Review
(Frank)        Ltd., Syngenta AG and Syngenta Group. He holds a B.A                                                                          Director of NTA, a governmental mass transit company,
                                                                                                                                                                                                                                   Committee)
               in Economics from the Shandong University, and an MBA                                                                         and formerly served as an External Director of "Dira
               from the University of Pittsburgh.                                                                                            LeHaskir” (an Israeli government company).


Xi Zhen,       Dr. Zhen, age 58, is Cheung Kong Scholar of Pesticide             Independent Director                         Gustavo        Mr. Traiber, age 61, is the owner and CEO of Spain-                                   External Director
Ph.D           Science of the Ministry of Education, Chairman of the             (Member of the                               Traiber        Israel Investments Ltd. and the former CEO of a public                                (Chairperson of the
               Department of Chemical Biology, Professor of Chemistry            Audit Committee,                                            company in the field of solar energy. He has extensive                                Financial Statements
               and Chemical Biology, Fellow of the University Committee          Nomination                                                  experience in the strategic and marketing aspects of                                  Review Committee;
               of Nankai University in China, and Director of the National       Committee,                                                  business development, having held previous director and                               member of the Audit
               Pesticide Engineering Research Center (Tianjin). Dr. Zhen         Remuneration                                                senior management roles. He has an MBA with a finance
                                                                                                                                                                                                                                   Committee and
               has held various posts in academic institutions in both           Committee, and                                              concentration from the Interdisciplinary Center (IDC),
                                                                                                                                                                                                                                   the Remuneration
               China and the US, including at the Harvard Medical                Strategy Committee)                                         Herzliya, and a BA in political science and international
               School, the Wuhan University School of Medicine, the                                                                                                                                                                Committee)
                                                                                                                                             relations from the Hebrew University in Jerusalem.
               Beijing Institute of Chemical Reagents, and Nankai
                                                                                                                                             Mr. Traiber concurrently serves as an independent director
               University. He is also a member of several professional
                                                                                                                                             of Cellcom Israel Ltd., an Israeli public company.
               organizations. Dr. Zhen holds a Doctorate in bio-organic
               chemistry from Uppsala University in Sweden, a Master's
               degree from the Institute of Elemental Organic Chemistry
               of Nankai University, and an undergraduate degree from
               Central China Normal University.




18 |                                                                                                                                                                                                                  2021 ADAMA ESG Report| 19
 Member            Description                                                     BoD                     BoD
                                                                                                                                      Board of Directors’ Committees - ADAMA Agricultural Solutions
 of the Board                                                                      ADAMA Ltd               ADAMA Solutions
                                                                                                                                      The Audit               Responsible for supervising all ADAMA Solutions’ group activities and ensuring that
 Jiashu            Mr. Cheng, age 69, is an Executive Director of the Stanford                             Independent Director       Committee               they are conducted in compliance with all legal provisions. The Committee currently
 Cheng                                                                                                                                                        consists of three members, all of whom are independent directors and two of whom
                   Center at Peking University. He was previously the                                      (Member of the
                                                                                                                                                              are external directors.
                   President of the Celanese China Operation. Mr. Cheng                                    Financial Statements                               In 2021, the Committee held ten (10) meetings with a 97% attendance rate.
                   has Master's degrees in Economics and in Economic                                       Review Committee,
                   Development both from Stanford University, and Major                                    the Audit                  The Financial           Responsible for discussing and formulating recommendations to the board of directors
                   in planning and statistics from the Department of                                                                  Statements Review       regarding financial statements. The Committee currently consists of three members, all
                                                                                                           Committee and
                   Economics, Hebei University.                                                                                       Committee               of whom are independent directors and two of whom are external directors.
                                                                                                           the Remuneration
                                                                                                                                                              In 2021, four (4) meetings of the Committee were held with a 92% attendance rate.
                                                                                                           Committee)
                                                                                                                                      The Remuneration        Responsible for approving and formulating recommendations regarding the
                                                                                                                                      Committee               remuneration of officers, based on the adopted governing remuneration policy. The
In 2021, ten (10) meetings of ADAMA Ltd.’s Board of Directors were held.
In 2021, the Board of Directors of ADAMA Solutions held seven (7) meetings, with the directors’ attendance rate being 76%, and the
                                                                                                                                                              Committee currently consists of three members, all of whom are independent directors
independent directors’ attendance rate being 90%.                                                                                                            and two of whom are external directors.
                                                                                                                                                              In 2021, five (5) meetings of the Committee were held with a 100% attendance rate.




Committees of the Board of Directors                                                                                                  Risk Management
To help the board of directors effectively and efficiently fulfill its responsibilities, it has established several                   ADAMA Agricultural Solutions utilizes a comprehensive risk management methodology that is designed to
standing committees.                                                                                                                  maximize financial returns for its stakeholders regardless of unavoidable risks and uncertainties in the business
                                                                                                                                      environment. This methodology includes a risk assessment survey, most recently performed in 2018, that maps
Board of Directors’ Committees - ADAMA Ltd                                                                                           the key activity areas and processes in which there is risk exposure, such as strategic, operational, legal, financial
                                                                                                                                      and regulatory risks. ADAMA Agricultural Solutions conducts an in-depth analysis of the residual risk level for all
Audit Committee              Responsible for monitoring the company’s internal control system, financial                             risks and prepares a multi-year work plan for internal auditing based on its results.
                             information, and its disclosure. The Committee currently consists of three members,
                             two of whom are independent directors.                                                                   In addition to the risk assessment survey, we carry out periodic fraud risk assessments, with the most recent
                             In 2021, the Committee held six (6) meetings, with a 100% attendance rate.                               completed in 2020, aimed at assessing the overall fraud risk level by evaluating and identifying weaknesses in
                                                                                                                                      the work and control processes, which could be exploited for fraudulent or improper activities.
Nomination                   Responsible for formulating standards and procedures and making recommendations
                                                                                                                                      To increase visibility of risk and to assist in management decision making, risks in both the risk assessment
Committee                    regarding the election of candidates for directorship. The Committee currently consists
                                                                                                                                      survey and fraud risk assessment are mapped and evaluated according to their residual risk based on their
                             of three members, two of whom are independent directors.
                                                                                                                                      inherent risk and the in-place internal controls framework. The categories are each defined by 5 levels ranging
                             In 2021, the Committee held one (1) meeting with a 100% attendance rate.
                                                                                                                                      from very low to very high.

Compensation and             Responsible for reviewing and formulating recommendations regarding remuneration                         The Board of Directors has overall responsibility for establishing and monitoring the framework of the risk
Appraisal Committee          policies for directors and senior management. The Committee currently consists of                        management policy. The Financial Statements Review Committee is responsible for establishing and monitoring
                             three members, two of whom are independent directors.                                                    the Group’s actual risk management policy. The Chief Financial Officer reports to the Committee on a regular
                             In 2021, the Committee held two (2) meetings with a 100% attendance rate.                                basis regarding these risks.

Strategy Committee           Responsible for conducting research and formulating recommendations regarding the
                             company’s long-term strategic development plans and major investment decisions.                            GRI Sustainability Reporting Standards
                             The Committee currently consists of five members, two of whom are independent
                             directors.                                                                                                  GRI 103, GRI 102-18, GRI 405-1, GRI 418-1




20 |                                                                                                                                                                                                                        2021 ADAMA ESG Report| 21
Upholding Ethical Behavior                                                                                                    We encourage employees to speak-up! All HR representatives have been trained in the service and are
                                                                                                                              required to bring the Speak Up to the attention of their employees and in particular to new joiners.

At ADAMA, we continually strive to be a socially responsible and trusted company that is driven by the highest                Promotional posters are located in office locations. Our intranet has a Compliance Corner where the Speak Up
ethical standards and legal compliance in all our business practices. We view compliance as an essential part of              is also highly visible to all employees. Also, an annual report is published on the internal messenging service of
our long-term success.                                                                                                        the Company and in the Corporate Sustainability Report.

We do not tolerate any violation of the law, our code of conduct, or internal regulations.                                    In 2021, there was an increase in the number of complaints - from 5 in 2020 to 23 in 2021 (46%). This is after
                                                                                                                              several years of stability in the number of complaints. We conducted in-depth research about these increases
Our businesses are managed responsibly and in compliance with the statutory and regulatory requirements                       and the findings arise from the nature of the complaints.
of each country. We have established an ethics committee to examine and review resolution of various ethical
issues in a consistent manner, with two senior management members participating and reporting to the                          ADAMA’s Code of Conduct makes it clear that any reporting of issues must be treated confidentially, and the
Executive Committee.                                                                                                          messengers wishes respected and properly dealt with without fear of recrimination or retaliation.

In 2009, we established the role of Ethics Officer to handle ethics-related issues in a professional and confidential
manner. Michal Arlosoroff, Executive Vice President, General Legal Counsel, Company Secretary, and Chief
Sustainability & Communication Officer, who has held this office since 2009, reports regularly to management                  SpeakUp Compliant Type
on the Company’s ethical performance. Processes which have been established by the Ethics Officer make
it straightforward for our People to seek advice or counseling regarding any ethical question, dilemma, or
complaint in an anonymous and/or confidential manner, ensuring that all queries are handled properly.                           1   Auditing & Accounting


                                                                                                                                                   4        Bribery & Corruption


SpeakUp – Reporting Concerns                                                                                                   1   Conflicts of Interest

ADAMA operates a global confidential reporting system available 24/7 to all employees and suppliers/
service providers. It is operated by an independent service provider based in the Netherlands.                                                                                     9   Discrimination and Harassment



ADAMA recognizes that sometimes issues are too sensitive to report directly and therefore we encourage the                           2     Health, Safety and Environment

confidential or anonymous reporting of concerns about ethical issues or breaches of applicable law relating to
the Company and its activities.                                                                                                      2     HR-management matter


The SpeakUp service is, a confidential toll-free call or e-mail reporting system. SpeakUp is available in countries             1   Labour Rights and unfair employment practice
where ADAMA operates and being web based is not dependent upon location. It is available in 27 languages
- all our employees’ native languages. The system is also available for non-employees, such as service
providers, who may wish to raise ethical concerns, here the access is promoted via our ADAMA website and
Suppliers Code of Conduct.
                                                                                                                              The complaints were on various topics. The majority of the complaints (45%) dealt with were based on
The reports are recorded by an independent, external third party, translated if needed, and forwarded to two                  discrimination or harassment.
members of ADAMA’s Legal Team for confidential investigation. The person reporting (Messenger) receives a
reference number confirming the receipt of the report so that they can call back or log in to receive feedback or             20 inquiries were found to be justified and handled with varying degrees of severity including an employment
provide further information.                                                                                                  termination case.

                                                                                                                              We will continue to encourage our employees to submit complaints in any concerns that may arise, small as
SpeakUp by Country                                                                                                            may be, and we will continue to deepen the examination process and internal investigation of these complaints.


                                                                                                    23                        Other than SpeakUp, compliance incidents or queries are reported through managerial levels directly to
                                                                                                                              General Counsel or senior managers.
                             10                5                 5                 5
                          2017               2018              2019              2020           2021
                          8 Mexico           1 Mexico          1 Mexico          2 Brazil       5 China      4 USA
                          1 Germany          3 Germany         2 China           1 Poland       1 Columbia   1 Vietnam
                          1 Israel           1 Poland          1 Columbia        2 USA          1 India      1 Peru
                                                               1 Israel                         2 Israel     1 South Africa
                                                                                                6 Ecuador




22 |                                                                                                                                                                                                                   2021 ADAMA ESG Report| 23
SpeakUp - Action Taken                                                                                                    Our policy is to require all relevant employees to complete online anti-bribery training on an annual basis. Where
                                                                                                                          necessary, online training is provided in the local language.

                                                                                                                          In 2019, we planned various initiatives as part of our commitment to preventing bribery and corruption. These
                                                                                                                          plans included the creation of an online library of compliance case studies, as well as continued training and
                                                                                                                          adoption. In 2020, ADAMA internally developed the anti-bribery training. The online training was deployed on a
                 4%                                                                                                       global scale throughout ADAMA, and is accessible to all employees in their local languages.
                 Ongoing                                                                   32%                            Corporate Compliance training is an annual requirement for performance review and part of onboarding for
5%                                                                                         Referred to HR/Mgmt            new employees.
Termination
                                                                                                                          Since 2018, completion of all compliance training programs are a necessary condition for receiving a bonus.


9%
Policy/Process Review                                                                                                     Compliance Moments Site
                                                                                                                          In 2020, we launched our Compliance Moments program, a user-friendly way to raise awareness for
9%                                                                                                                        compliance. The Compliance Moments program consists of cases featuring real-life ethical and legal dilemmas
No Action Necessary                                                                                                       from a wide range of topics, to be shared by our leadership members in the first five minutes of meetings they
                                                                                       23%                                lead.

          18%                                                                          Training/Coaching                  Our new Compliance Moments website is home to all Compliance Moments cases, currently available in four
          Advice Given                                                                                                    languages – English, Chinese, Portuguese, and Spanish. Each case, labeled with a catchy title, includes a
                                                                                                                          multiple-choice question and suggested points for discussion, referring to our Code of Conduct.

                                                                                                                          Compliance Moments can be shared in the traditional way, i.e. using slides, or through our new interactive user-
                                                                                                                          friendly app, allowing the interactive, dynamic, and real-time participation of all members.

Code of Conduct
Our Code of Conduct is the blueprint by which we ensure ethical practices and integrity. In the Code, we outline
our commitment to our People and stakeholders and set out our expectations of them. It encompasses our
corporate culture, community relations, and the components of appropriate behavior. In 2019, compliance
with the Code of Conduct was discussed during the General Assembly and throughout the Company to raise
awareness of the subject.

In 2019, the Code of Conduct, as well as a Q&A section giving day-to-day examples of situations of ethical
dilemmas, was reissued in the Asia-Pacific region, translated into four new languages, and made available in a
total of 21 languages.

In order to achieve full alignment, roll out and training on the Code of Conduct was conducted on a global
scale throughout ADAMA. 6,191 employees participated in the programs, and 88% of users completed them.



Zero Tolerance for Bribery and Corruption
ADAMA has zero tolerance for, and is committed to preventing, bribery and corruption. It is committed to full
compliance with all applicable laws, regulations, and contract requirements relating to the fight against bribery
and corruption.
                                                                                                                          No Political Donations
Our code of conduct strictly prohibits offering, giving, or receiving bribes, either directly or through a third party.
Entering into business relationships with an individual or entity which has a history of engagement with bribery          We do not use funds or corporate resources to support any political candidate or party. We recognize the rights
is forbidden. We share, implement, supervise, and enforce our anti-bribery and anti-corruption principles with all        of our employees to participate in the political process, provided they act independently of ADAMA and do not
of our People.                                                                                                            use ADAMA time, property, or equipment in the process.




24 |                                                                                                                                                                                                         2021 ADAMA ESG Report| 25
Ethical Supply Chain
ADAMA recognizes that the quality of its products is influenced, among other factors, by the quality of its
relations with its suppliers. The company conducts efficient, honest, and legal commercial relations with its
suppliers, based on clear and organized procedures. We operate in accordance with environmental and social
regulations, and expect our suppliers to do so as well.

Our Code of Conduct applies equally to all of our suppliers, and includes aspects concerning environmental
protection and community commitment. The Company attaches importance to having business relations
with suppliers who are strict about fulfilling legal provisions regarding rights of employees, health and
safety, protecting the environment, etc. within their businesses. Use ADAMA time, property, or equipment
in the process.




                   Importer/            Distributor             Retailer               Farmer
                   Formultor




                                                                                                                  Data Privacy Training
                                                                                                                  In 2021, ADAMA relaunched an online data privacy training module. The module, which is available in eight
                           ADAMA is currently in the process of improving our supplier evaluation                 languages, covers the scope of data protection and data privacy laws, personal data processing, employee
   Looking                 process, which will include screening all new suppliers based on                       responsibilities, data breach management, data security, and more. All new employees are required to complete
                           environmental friendliness, sustainability, employment practices, and social           the training as part of their onboarding at ADAMA.
   Ahead
                           criteria. The procedure launched in a specific Supplier Code of Conduct
                           available since June 2020.
                                                                                                                                                                                                                         1,038
                                                                                                                         Completed             Invitees
                                                                                                                                                                                                    925         913
                                                                                                                                                                            839
Data Privacy                                                                                                                                                                                  781         793

ADAMA’s Global Information Security Policy emphasizes the critical role our business plays in protecting the                                                   677
personal data of our People as well as our stakeholders, and putting in place preventative security measures                                                          623
                                                                                                                       593
to avoid data breaches. We control and supervise access to personal information, balancing the interests                                                                             529
                                                                                                                                                          524
and privacy rights of individuals with those of our business interests and assets, in full compliance with GDPR    484                                                                                                470
regulations.
                                                                                                                                                                                  406
We have solidified our environment using cutting-edge cybersecurity tools and systems. All new systems that                                        305
necessitate access to our data are required to undergo vetting by our cybersecurity compliance and intelligence
team.                                                                                                                                        232
                                                                                                                                      162
We annually audit and check our third party solutions for continued data privacy and cybersecurity compliance.                   84
We have deployed multi-factor authentication for all users (employees, contractors, etc.) who require access to
our data.
                                                                                                                    LATAM       Lycored       APAC         Brazil     China       Americas    Europe        IMA         Israel
We leverage our cybersecurity intelligence systems to better understand what vulnerabilities our environment
and data are susceptible to, to enhance our enterprise’s defense. We have deployed incident response
procedures and escalation processes to be ready for any potential incident. We also test our environment and
the procedures we have created.                                                                                      GRI Sustainability Reporting Standards
                                                                                                                     GRI 103, GRI 102-8, GRI 401-1, GRI 405-2
We are currently working on our ISO27001 certification to better display our ongoing efforts to secure our
environment.




26 |                                                                                                                                                                                             2021 ADAMA ESG Report| 27
       Our Products




       Our Innovative Sustainable Products
       ADAMA is developing a leading pipeline of effective, safe, and sustainable crop protection solutions to meet
       both the current and future needs of farmers. Together with the hundreds of active ingredients already in our
       portfolio, ADAMA now has a one-of-a-kind toolbox that allows us to create unique formulations and mixtures
       to address farmer pain points around the world. Moreover, we have recently entered into the development of
       biological products that allow us to offer a variety of sustainable products.



       Product Development Process
       We begin our ideation process from the field, listening to our customers, agronomy experts, and leading
       researchers to understand the specific requirements farmers have. We combine these insights with our own
       expertise and know-how to deliver effective, sustainable, and high-quality products.

       This process is the driving force in our product development.




       Our ideation process begins in       We integrate the insights we         When the prototype meets
       the field. We create ongoing         receive in the field with the        all product requirements, we
       listening opportunities with local   knowledge and expertise of our       freeze the formulation, conduct
       farmers and agronomic experts,       product development, R&D,            regulatory trials, and undertake
       through our crop management          formulation, and product strategy    local demonstration trials to show
       teams, to understand farmers’       experts at ADAMA. All product        farmers first-hand the features and
       current pain points and              concepts undergo extensive           benefits of the new product.
       anticipate future needs.             screening and prototyping
                                            to optimize the formulation,
                                            ensuring efficacy and selectivity.




28 |                                                                                    2021 ADAMA ESG Report| 29
Facing a Growing Set of Challenges                                                                                 Our Product Development Strategy
Farmers everywhere face a growing set of challenges: ever-increasing threats from weeds, pests, and diseases;                                                 Our product development strategy is spread over a wide range of
the adverse impact of climate change; rising consumer demand for nutritious, safe and affordable food; and                                                    options that address the needs of farmers alongside the needs of the
societal expectations that the agricultural community limit greenhouse gas emissions.                                                                         world's sustainability. We take into account the reduction of active
In the absence of crop protection                                                                                                                             ingredients, developing new innovative formulations that maximize the
products, farmers would lose 30%-                                                                                                                             effectiveness of the product with a less active substance, alongside the
70% of their crop yields.                                                                                                                                     development of biological products."

With the broadest portfolio of active                                                                                                                         Yoav Avidor
ingredients and products in the                                                                                                                               VP Innovation, Development,
world, we are uniquely positioned                                                                                                                             Research & Registration
to address the global challenges
and local needs of our customers.
ADAMA carefully selects the most
effective and sustainable molecules
with which to create everything
from our more common off-patent
products to our differentiated,                                                                                    Discontinue Use of Selected Active Ingredients
market-leading solutions. This gives                                                                               There are countries that have defined certain active substances as prohibited.
farmers an array of offerings that
address all their various needs.                                                                                   In 2021, we decided that although there are countries that approve the continued sale of these materials, and
                                                                                                                   while understanding the business and financial damage involved, their sale to all countries will be reviewed and
                                                                                                                   gradually stopped.

                                                                                                                   Decisions regarding the continued marketing of products are made through a dedicated committee that
                                                                                                                   convenes specifically to make decisions that comply with the company's policy on the subject.

Product Portfolio                                                                                                  The process is complex and must be done with sensitivity and appropriate preparation, since it is necessary
                                                                                                                   to address the needs of the farmers to offer alternative products while providing sufficient time until we stop
ADAMA’s product portfolio includes approximately 300 active ingredients and 1,450 different formulations.         marketing the product.


                                                                                                                   Case Study:
                                                                                                                   Proactive and responsible approach
                                                                                                                   In 2021, we decided to discontinue sales of a leading insecticide
                                                                                                                   in Brazil. While the product is still on the market, other countries
                                                                                                                   have started to limit its use and ADAMA decided to take a
                                                                                                                   proactive responsible approach, to stop sales rather than wait a
                                                                                                                   few more years until it is ultimately restricted.
Herbicides                              Insecticides                         Fungicides
                                                                                                                   We discontinued marketing a leading insecticide in most of
Farmers face significant yield          Crops suffer from direct damage,     Fungi are a common cause of           the world and it is now banned for food crops. Marketing for another leading insecticide product has been
loss every year due to weed             diseases, and contamination          diseases in plants, impairing their   discontinued at a rate of at least 90%.
competition. ADAMA’s broad range       caused by a wide variety of pests.   development and negatively
of herbicide solutions addresses        Our insecticide portfolio offers     impacting the quantity and            Case Study: Barroz
resistance challenges, overcomes        an extensive range of trusted        quality of crop yields.
weeds, and helps guarantee a            solutions and a growing number       Our fungicide portfolio utilizes      A new product sold in India is replacing carbofuran, an effective
substantially increased harvest.        of differentiated mixtures and       multiple active ingredients and       active ingredient which is less desirable due to its potential
Our portfolio is comprised of the       formulations and innovative          is specifically designed to be        environmental impact. Barroz is a proprietary ADAMA novel
most advanced, effective, and           products.                            effective in the face of increased    mixture that does not include carbofuran, while showing very
sustainable molecules, which we                                              resistance.                           high efficacy for treatment of insects in rice, with documented
combine to create smart mixtures                                                                                   improvement in crop yields. Barroz is a great example of how
and formulations.                                                                                                  innovation can lead to better efficacy alongside a safer profile.




30 |                                                                                                                                                                                                    2021 ADAMA ESG Report| 31
Innovative Products that Reduce Active Substance While                                                                Delivery Technologies
Maximizing its Impact                                                                                                 Our objective is to optimize the performance of each active ingredient, to maximize its efficacy while minimizing
                                                                                                                      unwanted side effects. This can be done through enhanced formulations, which achieve more efficient delivery
We are constantly working on formulation technologies that                                                            to the relevant site in the plant or pest, creating opportunities to obtain more value from less material.
help us limit active ingredient rates without compromising the
effectiveness of the product, with the objective of reducing the                                                      ADAMA has been investing in technologies that improve the delivery of active ingredients to their targets and in
product's environmental impact.                                                                                       the analytical and biological tools necessary to measure and guide this type of development. It is anticipated
                                                                                                                      that this next generation of formulations will do a better job of controlling crop disease, combating resistance,
We have already achieved a number of successes over recent                                                            and enhancing farm yields and food supply, while requiring fewer crop protection active ingredients. This will
years in our journey to create a more environmentally conscious                                                       limit our product footprint on the environment and in the food chain.
portfolio.
                                                                                                                      We target three main areas in our delivery technology efforts:
Case Study: Soratel
                                                                                                                       Rainfastness and Leaf/Insect Adherence
The product is based on prothioconazol, a leading fungicide used                                                       Increasing the proportion of material remaining active on the leaves, thus reducing the amount of product
to effectively treat a variety of diseases in key crops including                                                      needed to achieve the desired crop protective effects.
wheat, barley, oil-seed rape and more. ADAMA's new formulation
delivers 10-20% higher efficacy as compared to the original                                                            Penetration and Systemic Migration
prothioconazole product, as well as higher crop yields, while using                                                    Driving more of the active ingredient into the plant toincrease the curative effects of our products, while
the same amount of active ingredient per acre treated.                                                                 administering smaller quantities and leaving less residue in the environment.
Soratel supports our goal of helping feed the world in a more                                                          Bioavailablity and Controlled Release
sustainable way.                                                                                                       Enhancing active ingredient bioavailability through controlled release, targeting, and active ingredient
                                                                                                                       protective technologies, to achieve more with less.
Biological Products Development
In 2021, we established a new team in our Innovation, Development, Research & Registration department which
is focused on the development of biological products. Our sales and new product pipeline of biological products
are still small, yet they are now growing faster than our traditional portfolio.

Development of crop-protection products based on biological active ingredients poses a variety of challenges.
For example, the biological efficacy is often lower than that of synthetic active ingredients, so farmer yields and
economics are impacted, and with them the food supply. Therefore, what is required is a holistic approach that
will create solutions that farmers can rely on.

Thus, ADAMA seeks to encourage farmers to integrate the use of biological products in a hybrid model - for
example, use of synthetic active ingredient-based products alongside biological products, to provide a full
response to farmers' needs.

Case Study: Bralic
An exciting product developed by ADAMA in Mexico is now
expanding globally to additional markets. Building on prior data
showing that garlic has a favorable impact on insect infestation,
Bralic is a biological product, based on garlic oil extract alone.
We are proud of this new natural product with its favorable
effectiveness - low environmental impact offering.




                We are currently working on developing additional
                courses of action in the field that will allow farmers
                to maximize existing cultivation limitations.




32 |                                                                                                                                                                                                      2021 ADAMA ESG Report| 33
Investing in World Class R&D and Formulation Centers                                                                 Product Stewardship
The new era of ADAMA innovations began with the establishment of the Innovation, Development, Research,              We are committed to developing high quality,
and Registration division (IDR) in 2014, which consolidated product development, formulation R&D, chemical           sustainable solutions that are safe for both users and
R&D, and registration functions under one roof. Better alignment of the work process and cooperation between         the environment. Our products are developed to
functions has enabled us to be more efficient, responsive, and agile, giving us the capability to develop cutting-   meet the strict safety standards set by government
edge next-generation products.                                                                                       authorities, and they undergo robust testing before
                                                                                                                     they reach the market. ADAMA’s internal Quality
In recent years, ADAMA has augmented its research                                                                    Policy ensures that we constantly monitor our
and development capabilities by hiring dozens of new                                                                 products’ performance and customer satisfaction,
researchers, and building appropriate infrastructure                                                                 allowing us to address any issues that arise.
and capabilities for synthesis and advanced
formulations.



  In 2021, $150 million was invested in R&D
  toward more climate-friendly products
  (double the amount in 2020)                                                                                           Looking                     Adding over 20 molecules to create unique formulations and mixtures
                                                                                                                        Ahead                       to address farmer pain points around the world.
                                                                                                                                                    Launching new biological products.



Our Global R&D Center in Israel
In 2019, ADAMA inaugurated our newest R&D Center in Neot Hovav, Israel, relocating our traditional facility in        GRI Sustainability Reporting Standards
Beer Sheba and adding to our global R&D network in Agan in Ashdod, Israel; Hyderabad, India; Nanjing, China;
                                                                                                                      GRI 413-1, GRI 413-2
and Londrina, Brazil. The new campus houses over 100 researchers and provides state-of-the-art laboratory
facilities. The Neot Hovav complex covers all stages of research and development: from basic chemical                 Sustainabe Development Goals
research, the development of processes and active ingredients, and formulation development and scale-up, to
the final stages of developing new products for commercial use by farmers. The Center is also where we focus on
building connections between academic research and industry bodies, making it possible to utilize cutting-edge
scientific knowledge in the company’s market-leading products.                                                                          End poverty in all it's forms                       Build resillient infrastructure,
                                                                                                                                         everywhere                                          promote inclusive and
                                                                                                                                                                                             sustainable industrialization
                                                                                                                                                                                             and faster innovation
Case sStudy:
A unique program for chemists
with Tel Aviv University
As part of the company’s vision for the next generation                                                                                 End hunger, achieve food                            Ensure sustainable
of crop protection products, in December 2019 we                                                                                         security and improoved                              consumption and production
launched the ADAMA Center at Tel Aviv University                                                                                         nutrition and promote                               patterns
with a $3.5 million investment.                                                                                                          sustainable agriculture

The ADAMA Center is a unique teaching program
on formulation sciences, intended for postgraduate
students from a variety of fields including chemistry,
engineering, materials, and plant sciences.

The ADAMA Center includes a novel curriculum developed jointly with the university and ADAMA, and a state of
the art teaching formulation lab, and offers a number of PhD and MSc scholarships each year following a highly
selective process. Our vision and investment in the Center demonstrate ADAMA's commitment to prepare the
next generation of formulation experts, who are much needed as the field of formulation becomes increasingly
critical to ADAMA and the industry at large.




34 |                                                                                                                                                                                                 2021 ADAMA ESG Report| 35
Agriculture Technologies                                                                                                                                         "Farmers cannot work harder but can use smarter methods and
                                                                                                                                                                 tools. To that end, ADAMA is collaborating with innovative AgTech
                                                                                                                                                                 entrepreneurs who have been carefully selected to provide solutions
                                                                                                                                                                 to farmers' pain points. The synergy of chemical and technological
ADAMA is committed to promoting innovative solutions to reduce our environmental impact. Integrating
                                                                                                                                                                 knowledge, born in these partnerships, allows farmers to minimize all
agricultural technology (AgTech) into our solutions for farmers, together with our traditional product offerings,
                                                                                                                                                                 danger to crops, themselves, or the environment, and to apply products
helps them use our products in a more effective way while increasing efficiency, reducing costs, and minimizing
                                                                                                                                                                 correctly and optimally".
the potential impact on health, safety and the environment.
                                                                                                                                                                 Georgiana Francescotti
                                                                                                                                                                 Head of AgTech & Digital Services Registration

Listen and Learn from Farmers and Distributors
Our strategy is farmer centric, technology neutral. We start by listening and learning from the farmers about
their challenges and pain points. Every farmer and every crop in every country, and every disease, weed and
pest, is unique. It is in our DNA to work closely with farmers and learn about their different needs, in order to
create unique and dedicated 'tailor made' solutions, while looking for opportunities to expand and adapt these
solutions to other regions so that they become commercially viable.                                                    Our Approach to Developing AgTech Solutions
Farmers face many challenges, such as the need to reduce costs and increase the quality and quantity of food,          that Will Offer True Value to Farmers
in the face of growing demand to reduce environmental impact and ensure crop health. All this while meeting
constantly changing local regulations, on-going competition, and climate change. Expectations and demands              We at ADAMA developed a strategy to guide us in implementing AgTech in a way that will offer the best
from farmers are also changing. For example, consumers, who today more than ever emphasize environmental               outcomes to all our partners involved in the process. Our guiding principles are:
sustainability and health, expect farmers to offer smaller fruits for reduced consumption and food waste.
Together with this, they need to gain larger yields from existing fields, and achieve all this using smaller amounts   1. We listen to farmers - have an ongoing
of pesticides.                                                                                                            dialogue with them and monitor their
                                                                                                                          needs and challenges
The main practical way to achieve all farmers’ aspirations is by encouraging innovation.
                                                                                                                       2. We map the challenges faced by
AgTech makes it possible to bring innovation that provides a solution to the needs of farmers but also to the             farmers today and identify pain points
needs of the environment and growing population, by using less chemicals while maintaining the quality and
quantity of the crop.                                                                                                  3. We scout for innovative technologies
                                                                                                                          and initiatives that can provide a
                                                                                                                          valuable solution.
                                                                                                                          We use our extended database, global
                                                                                                                          networks, conferences, and meetings.

                                                                                                                       4. We ask ourselves a series of questions
                                                                                                                          in the context of how can we give true
                                                                                                                          value to farmers:
                                                                                                                          Does the innovative solution bring value
                                                                                                                           to farmers?
                                                                                                                          How does it answer their needs?
                                                                                                                          How do we measure success? Is this
                                                                                                                           solution suited to their needs?
                                                                                                                          Is it possible to scale up the service to a
                                                                                                                           wide range of farmers?




36 |                                                                                                                                                                                                      2021 ADAMA ESG Report| 37
Examples of AgTech Applications                                                                                      Case Study:
                                                                                                                     Trapview (EFOS) a Pest Control Forecast to Improve Pest Control
                                                                                                                     Trapview technology is an automated pest monitoring and forecasting application. It is an AI-based decision
Case Study:                                                                                                          support system that offers real-time analysis and forecast of the exact treatment required to be implemented in
Eagle Eye - Drone Technology                                                                                         the field. Just as there is no one-size-fits-all solution, Trapview offers various models of traps in different shapes,
(by Agremo)                                                                                                          colors, or modes of attraction (pheromone, color, feeding attractant, or light) depending on the pest. The
                                                                                                                     technology allows farmers to make more informed decisions in implementing proactive preventive treatment,
Conducting field visits is one of our key actions to                                                                 instead of reactive treatment, based on reliable and accurate data collection.
demonstrate to farmers the efficacy of our products
and to spend time with them, listening and learning                                                                  ADAMA offers the technology in several countries around the world.
about their needs and pain points. During the
COVID-19 pandemic, we were denied this ability to
conduct field research with farmers and partners.
ADAMA Eagle Eye is a digital platform that uses AI
to distill analytics from drone imagery to provide
information about fields and crops. This application
allowed us to virtually visit fields, collect 3-D images and data, and document the progress of our field trials.

The technology has allowed us to reach many of our key partners through virtual field trials in a safe, efficient,
and personalized manner.

We believe that this technology will be part of a future hybrid solution for field tests and management, although
it is clear to us that it cannot replace valuable face-to-face encounters we enjoy with our partners. Furthermore,
this application allows us to reach many more farmers, distributors, and partners, who even under normal
circumstances would not be able to meet us in the fields.                                                             GRI Sustainability Reporting Standards
                                                                                                                      GRI 103, GRI 203-2

                                                                                                                      Sustainabe Development Goals

   We at ADAMA believe in collaboration. We are
   not a tech company, nor are we a software                                                                                              End poverty in all it's forms                             Build resillient infrastructure,
   development company. What we bring to the                                                                                              everywhere                                                promote inclusive and
   table is our agronomy and chemical expertise.                                                                                                                                                    sustainable industrialization
   We look for the right tech companies so that                                                                                                                                                     and faster innovation
   together we bring the right solutions to farmers.
   As such, we maintain "technological neutrality"
   – we collaborate with start-ups but do not invest
   in their equity. It is important that we remain
   open to entrepreneurship and other innovative                                                                                          End hunger, achieve food                                  Ensure sustainable
   solutions. This concept allows us the freedom to                                                                                       security and improoved                                    consumption and production
   explore and maintain our approach that there is                                                                                        nutrition and promote                                     patterns
   no one-size-fits-all solution.                                                                                                         sustainable agriculture




38 |                                                                                                                                                                                                        2021 ADAMA ESG Report| 39
       Our People




       Diversity and Inclusion
       We at ADAMA start everything with listening to and learning from our stakeholders, and it is most important
       when we want to promote a diverse and inclusive workforce. We believe that diversity and inclusion promote our
       business success, by bringing varied cultures, ideas and opinions to our company. That is why we have listened
       to the different populations with whom we work in developing our inclusive culture.

       Employing more than 9,000 people in over 45 countries, ADAMA cherishes the richness of numerous cultures
       and enjoys the benefits of this vibrant mosaic. At ADAMA, we aim to create an engaging, passionate, and
       empowering environment, where all our People have equal opportunities to grow and thrive.


                                              "Our People are our source of strength - and therefore, we invest great
                                              efforts in promoting their development and empowerment, in nurturing
                                              and promoting them within ADAMA, and in preserving and jointly
                                              developing our unique organizational culture. We pay special attention
                                              to diverse recruiting which enriches our wide range of opinions and
                                              cultures, and strengthens our creative thinking. All is based on the
                                              respect we have for each and every one of our People and on ensuring
                                              the ethical and fair infrastructure in everything we do."
                                              Mody Benaiah Evp
                                              People




       Our Growing Team
       Since 2017, our team has been growing rapidly, reaching 9,162 people by the end of 2021. Our employee
       turnover rate stayed within normal range, varying from 12.8% in 2020 to 13.7% in 2021.

       Our Employee Retention Rate in 2021 is 87%




40 |                                                                                   2021 ADAMA ESG Report| 41
Total Number of People
                           2015          2016      2017        2018        2019        2020          2021
                                                                                                                              ADAMA
                                                                                                                              Diversity
 Number of people         4,864          4,955     5,057       7,675       7,759       7,505         9,126                    & Inclusion
New Hires
                                  2019                         2020                        2021                               Our Diversity & Inclusion Ambition
 Employees                         944                          749                        2,617
                                                                                                                              ADAMA evolved from a diverse group
 Managers                          112                           65                            191
                                                                                                                              of entities and individuals. Our people
End of Employment                                                                                                             flourish when we embrace differences
                                  2019                         2020                        2021                               and empower them to be authentic.
 Employees                         866                          1,101                      1,014
 Managers                           79                          113                            135                            By valuing inclusivity, showing respect
                                                                                                                              to all and embodying equality, we strive
Our People’s roles
                                                                                                                              to better the lives of others.




                                                                                                              During 2021, the dedicated D&I committee conducted extensive research to formulate ADAMA's new strategy
                                                                                                              - setting key pillars, goals, and dashboards, and defining projects to advance Diversity and Inclusion in the
                                                                                                              company. The committee gives guidance with regard to the promotion of gender and age equality, as well as
                                                                                                              the recruitment of people with disabilities. In addition, in relevant countries we are focusing on recruiting specific
                                                                                                              populations. For example, in Israel, cooperation has recently begun with the Co-Impact organization to recruit
Diversity and Inclusion (D&I) Ambition                                                                        employees from Arab society.

In 2020, ADAMA established a global D&I Committee comprised of people from around the world, from various
functions and diverse backgrounds. The committee developed a clear D&I ambition and drive the execution of
various initiatives to improve and amplify the diversity of our teams and the inclusiveness of our culture.




42 |                                                                                                                                                                                               2021 ADAMA ESG Report| 43
Case Study: Partnership in Israel with                                                                               Gender Diversity
Co-Impact – a Local NGO Integrating
Arab Society in Employment                                                                                           24.4% of workforce and 18.6% of managers are women
Since 2020, ADAMA has been collaborating with                                                                        ADAMA places great importance on encouraging the employment of women in all roles across the company,
Co-Impact, a local non-profit organization aimed                                                                     and recognizes the need to increase the percentage of women in the workforce. Wherever possible, we have
at integrating employees from the Arab sector into                                                                   established a policy of flexible work hours to enable our People to balance work hours and family time. We also
Israel's economy and society.                                                                                        enable our People to do some of their work from home.

As part of this partnership, we established a broad
steering committee that includes senior ADAMA
                                                                                                                     Workforce by gender
people from nearly every functional group: People,
Communications, Legal, IDR, and more.Together,
we set goals and generated a work plan which
was approved by the CEO. In early 2022, we communicated our work plan as part of our global diversity and
inclusion policy, including materials that were translated into Arabic.

Co-Impact assists us in locating talented candidates for various positions, and supports us in adapting our
recruitment processes to this population. We are pleased to share that since the beginning of 2022, two women
have been recruited from the Arab community, bringing us nearer to our goal of three new academic recruits
from this sector for 2022. In fact, we are hoping to exceed the recruitment target set for this year.

Additional activities included a recruitment conference with Arab students aimed at introducing them to
employment opportunities at ADAMA, and community outreach projects.

These and other activities were detailed in an annual progress report that was shared with the President of the
State of Israel, Mr. Isaac Herzog.


Age Diversity
31% of the workforce and 40% of managers are employees over the age of 50
At ADAMA, the age of our People is not a factor in hiring decisions, remuneration, or promotion. The company            GRI Sustainability Reporting Standards
believes that diversity regarding multiple parameters, including age, is important for the quality of work and the      GRI 103, GRI 102-8, GRI 401-1, GRI 405-2
overall working environment.

Workforce by age




                591                 4                                       2




44 |                                                                                                                                                                                                   2021 ADAMA ESG Report| 45
Growth and Development                                                                                            SPARK Learning Hub
                                                                                                                  ADAMA’s learning hub offers multiple opportunities
                                                                                                                  both from the company and using external
                                                                                                                  resources, to train and inspire our People, anywhere
Learning & Development Opportunities                                                                              and anytime, and accessible in several languages.

At ADAMA, we know that achieving excellence requires the highest level of professionalism alongside               The platform combines in-house learning
a robust company culture. ADAMA is committed to continually investing in our People’s personal and               modules and ADAMA-specific content, our unique
professional development. We provide our People with the knowledge and skills that will enable them to            Marketplace of Opportunities offering interpersonal
succeed in their present role, as well as prepare them to take the next step in their career.                     learning, workshops and mentoring sessions, as well
                                                                                                                  as access to diverse content and courses from the
                                                                                                                  LinkedIn Learning and Learning Edge online libraries.
                                         "When it comes to development and growth, ADAMA is like a candy
                                         shop with hundreds of jars filled with all kinds of candies, all with    Learning Edge, Syngenta Group’s online learning platform, was integrated into Spark in 2021 which further
                                         different shapes, tastes and colors. Being a global company, active      strengthens our continuous learning culture, with podcasts, videos, online courses, articles, and much more.
                                         in 50 countries, 20+ languages, with people in so many professions,
                                         from chemistry and agronomy to marketing, law, HR and more, we
                                         have plenty to offer. Whatever we want to learn, whatever direction we
                                         want to take our career, and given the right motivation and intrinsic    Mandatory and Local Training
                                         capabilities, our People have the freedom to develop careers thanks
                                                                                                                  On a global level, our People are required to complete
                                         to this unique abundance. There is nothing more gratifying as a
                                                                                                                  online sessions & trainings, which cover various topics
                                         People professional than to see our People grow through development
                                                                                                                  such as the ADAMA Code of Conduct, Health and
                                         opportunities within the company."
                                                                                                                  Safety, Data Privacy and more. In addition, our local
                                         Michal Rozenkrantz                                                       sites offer training sessions and workshops that are
                                         Head of People Development                                               specified to their local needs.



Welcome to ADAMA
Employee Onboarding
Joining ADAMA can be the start of a fruitful and
exciting partnership between the new colleague, their
direct manager, peers, team and company.

The first months are a time to learn; both for the new                                                            Forming Strong Leaders
employee to learn about ADAMA, and for us to learn
about our new team member.                                                                                        We believe that the success of a company is
                                                                                                                  deeply grounded in the quality of its leadership.
Our online onboarding platform is a collection of                                                                 Our Leadership Framework describes the skills
materials and tools that support this mutual learning,                                                            and behaviors that characterize a successful
to ensure we onboard our people in a valuable,                                                                    manager at ADAMA. The Framework serves
effective and personal way.                                                                                       as the basis for screening and hiring senior
                                                                                                                  personnel and drives the content of various
                                                                                                                  management development programs,
                                                                                                                  succession plans and manager evaluations.




46 |                                                                                                                                                                                               2021 ADAMA ESG Report| 47
"Maestro"                                                                                                         Global Career
We designed a Managerial Development Program
                                                                                                                  Development Program
called "Maestro", based on our Leadership Framework.                                                              We introduced a global Career Development Program which includes online workshops intended for both
This program aims to strengthen ADAMA’s managerial                                                               employees and managers. The purpose of the workshops aimed for employees is to provide the opportunity to
community, sharpen managers’ influence skills                                                                    get acquainted with their strengths, learn how to explore further opportunities, understand what skills they need
and foster a winner’s mindset, which together help                                                               to fulfil their aspirations and put a plan in place for future development. As for managers, the workshops strive
reinforce ADAMA’s DNA.                                                                                           to empower career development by providing our leaders with the framework and tools to hold a fruitful and
                                                                                                                  efficient career dialogue and support their employees' career journey.
We have developed a “managerial toolbox” to
promote the integration of the Leadership Framework
into daily routines. These tools include fortifying
personal resilience, building trusted relationships,
growing and empowering people, increasing team                                                                    Internal Mobility
effectiveness, and promoting effective relationship
interfaces.
                                                                                                                  35% of all open positions were filled internally in 2021
                                                                                                                  We aim to provide our People with room for growth. Our internal mobility policy encourages and enables our
We strive to help our managers develop the skills that will enable them to successfully lead in complex
                                                                                                                  people to pursue complete, long-term careers within the organization.
environments.
                                                                                                                  We believe that it is in everybody’s best interest to provide full support to team members who want to grow and
In 2020, with the start of the pandemic, the "Maestro" program was transformed to take place in a virtual
                                                                                                                  advance to a different role within ADAMA. For this reason, our internal mobility policy sets a clear priority for
format and we continued growing our leaders. In 2021, we completed 20 programs, adding over 200 leaders all
                                                                                                                  internal applicants over external applicants for open positions at ADAMA. After working for two years at ADAMA,
over the world to our Global Maestro Alumni community.
                                                                                                                  any employee may apply for a new position within the company.

                                                                                                                  All applicable jobs are available on the internal career portal and are published two weeks before becoming
“Leadership Pathway”                                                                                            publicly available.

For senior leaders we’re conducting a special leadership program called “Leadership Pathway”, for providing
participants the skills and knowhow for developing resilient, future-proofed teams.

The program aims to provide its participants with the skills to:                                                   GRI Sustainability Reporting Standards
 Cultivate greater self-awareness to both leverage existing strengths and intentionally develop leadership gaps    GRI 103, GRI 102-41
 Proactively manage both theirs and the team’s energy and resilience to add value to the business, even during
 challenging times                                                                                                 Sustainable Development Goals
 Develop future-proofed teams by anticipating challenges and boosting the empowerment of their teams
 through a coaching approach
 Gain clarity on how to manage through continuous change, and drive their team’s objectives in a VUCA                                Ensure inclusive and equitable
 environment                                                                                                                          quality education and
 Improve influence, communication, and executive presence to strengthen their network and brand in the                                promote lifelong learning
 organization                                                                                                                         opportunities for all.
 Embed the principles of agile and self-directed learning in themselves and their team to enable micro-changes
 with exponential impact


Talent Mapping
Our annual “High-Performance: High Potential” (HiPo) mapping process takes place among our Leadership
Community, including our People who are one-level below Leadership. The purpose of this process is to assess
our bench strength and support our high potential employees (HiPo’s) with creating Individual Development
Plans including a variety of learning opportunities through coaching, mentoring and various training sessions.

Management discussions regarding People issues are conducted on a quarterly basis. Our Leaders and People
Business Partners accompany our HiPo’s in their development journey.




48 |                                                                                                                                                                                                2021 ADAMA ESG Report| 49
Ethical Employer                                                                                                         Freedom of Association
                                                                                                                         ADAMA recognizes the right of our People to join
                                                                                                                         trade unions, conduct collective negotiations,
At ADAMA, we are committed to creating an environment in which everyone is treated in a fair manner.                     and enjoy all the rights available to them through
We strive to support equal opportunities without discrimination in hiring, compensation, access to training,             their membership in those unions. We have never
promotion, termination, or retirement, for all our People and employee candidates.                                       restricted freedom of association, and we continue
                                                                                                                         to support the process of collective negotiations that
ADAMA neither distinguishes nor discriminates on any occasion on any basis, including gender, race, sexual               cover pay rates, working hours, certain benefits, and
orientation, religion, nationality, age, disability, marital status, union membership, or political affiliation. ADAMA   other terms and conditions of employment.
is an active human rights supporter and fair employer.


                                                                                                                         Employee Assistance
Fair Employment                                                                                                          Program (EAP)
ADAMA complies with all relevant labor and employment laws in all countries                                              At ADAMA, the health and safety of our People
in which we are active, including the payment of required minimum wage or                                                remains our priority, and many life-events, whether
above.                                                                                                                   they are predictable or come as a surprise, impact
                                                                                                                         our emotional, psychological, and social well-being,
The conditions for employment at ADAMA are determined by collective agreements, personal contracts, or                   affecting how we think, feel, and act.
other arrangements, in accordance with the relevant laws in our countries of operations. In many cases, we
have established employment.                                                                                             The Employee Assistance Program (EAP) is an
                                                                                                                         independent counselling and resource service
                                                                                                                         available 24/7 to all our People and their families in
                                                                                                                         local languages, providing confidential access to
Full and Partial Employment                                                                                              professional counselling and helpful resources.

At the end of 2021, only 17 of our People were employed part-time.
                                                                                                                         Human Rights
                                                                                                                         ADAMA is committed to protecting the human rights
                                                                                                                         of all people. We place great importance on this value
Fair Remuneration                                                                                                        and view it as a cornerstone of our activities.
ADAMA provides our People with all the benefits required by law – and in many cases more than that required             Moreover, we see compliance with the Code of
by law. To help us define criteria for salaries and benefits, we conduct annual salary surveys (salary benchmarks),      Conduct and applicable laws as the responsibility of
which help us evaluate the standard for our terms and conditions versus the market in each country.                      each individual. We invest great efforts into identifying
This is especially prominent during the process of Fair Employment, our global annual compensation review                and working with business partners who conduct their
process. The benchmark survey focuses on parallel or similar industries around the world. Our goal is to provide         operations in a similar manner.
remuneration that is equivalent to, or surpasses, that in local markets.


                                                                                                                          GRI Sustainability Reporting Standards
Anti-Harassment Policy                                                                                                    GRI 103, GRI 102-41
ADAMA has a zero-tolerance policy for discriminatory, harmful, harassing, or humiliating behavior towards our
                                                                                                                          Sustainable Development Goals
People. We have established a clear policy against harassment, and we conduct training sessions to ensure the
requisite respect towards one another. We place great importance on this matter, and handle any complaint
with immediate attention and the utmost seriousness. ADAMA acts in accordance with applicable laws, relevant                                  Promote inclusive and sustainable economic growth, employment and decent
agreements, and the company Code of Conduct.                                                                                                  work for all
                                                                                                                                              Sustained and inclusive economic growth can drive progress, create decent jobs
                                                                                                                                              for all and improve living standards.




50 |                                                                                                                                                                                                      2021 ADAMA ESG Report| 51
Health and Safety                                                                                                Some sites have a dedicated program on the subject, such as the wellbeing program we conducted in India
                                                                                                                 last year. This particular site employs close to 500 people and therefore, safety is of paramount importance.
                                                                                                                 Accordingly, we have formulated a proactive plan that expands our efforts to promote employee health and
                                                                                                                 safety in the context of the employee experience – focusing on empowerment, enablement, and engagement.
At ADAMA, we believe that everyone is entitled to a work environment that is both safe and healthy. To fulfill   Various safety infrastructural processes were implemented alongside new initiatives that deal with a variety of
this commitment, we strive to proactively address health and safety risks, identify skill gaps, and promote a    issues such as: Physical & Mental Health; Safety Culture Development; Job Responsibility Design; Fun at the
safe organizational culture. Our commitment to health and safety is formulated in the Global HSE policy and      Workplace; and more.
supported by the ADAMA Code of Conduct.
                                                                                                                 The program includes training sessions, periodic inspections, thematic happenings, safety competitions, and
                                                                                                                 gamification to ensure employee involvement. We are proud to share that the program is a success and shows a
                                                                                                                 consistent increase each year in employee engagement, one of the main objectives of the program.




                                                                                                                                                                                                         Emotional Connection
                                                                                                                                                                                                         & Commitment
                                                                                                                                                                                                          Reward & Recognition
                                                                                                                                                                Engagement                                Development
                                                                                                                                                                                                          Opportunities
                                                                                                                                                                                                          Quality & Customer Focus
                                                                                                                                                                                                          Fun at work Participation
                                                                                                                                                                                                          in initiatives
                                                                                                                                                                                                          Cross functional culture
                                                                                                                                                               Employee
                                                                                                                 Employee Trust                                Experience                                Role Optimisation
                                                                                                                  Clear Roles &                                                                          Supportive Environment
                                                                                                                  Responsibilities                                                                        Performance
                                                                                                                  Superior Willingness to                                                                 Management
                                                                                                                  Delegate                                                                                Resources
                                                                                                                  Job enrichment
                                                                                                                                             Empowerment                            Enablement            Training
                                                                                                                  Clear Expectations                                                                      Job Design & Work
                                                                                                                  Independent decisions                                                                   Processes
In accordance with our mission to                                                                                                                                                                         Collaboration &
better listen and learn, we actively                                                                                                                                                                      Information Sharing
involve employees in formulating                                                                                                                                                                          Support
initiatives to improve their safety and
well-being. For example, we have
                                                                Physical
                                                                 Amount of activites
regular meetings of employees and                                Eating & drink Habits
managers to discuss ways to improve                              Daily routine
our performance.

We also use our internal
communication channels to invite
employees to give us feedback and
share suggestions for initiatives we                                  Well-Being
should implement to improve our
conduct in the field.                        Mental                                    Social
                                              Ability to handle the                     A Positive &
Another important means of                    stress of life                            Supportive Social
employee involvement is our learning          Maintain positive                         Network
processes from actual events that are         attitude
based on listening and learning from          Sense of purpose
the employees themselves on ways
for improvement, and then sharing
insights gathered.




52 |                                                                                                                                                                                               2021 ADAMA ESG Report| 53
We have promoted a wide range of proactive initiatives and practices in the                                                                             Monitoring and Assessment
past three years that has resulted in our increasing performance in HSE. The
                                                                                                                                                        We measure and monitor all processes and perform in-depth analysis of each safety incident, so that we are
journey to achieving our ZERO accidents goal is full of challenges, but we will                                                                         better prepared to prevent recurrence.
continue to invest the necessary efforts and resources to achieve it.
                                                                                                                                                        ADAMA’s Global HSE team hosts monthly meetings with HSE managers from all our sites, and with all our
                                          “Our employees are our top priority and therefore, we are committed                                          senior management. These meetings provide the opportunity to discuss the current safety indicators’ status,
                                          to investing everything necessary to ensure their health and safety. We                                       and determine what steps we should take to strengthen and monitor their implementation. Additionally, we
                                          work in accordance with a clear and systematic plan, based on global                                          measure and publish monthly safety KPIs and reports. During 2021, we started a quarterly review meeting with
                                          standards, to ensure compliance with the zero-accident target."                                               our operational sites, and a monthly meeting with the Chinese site (due to its size).

                                          Yossi Kronman                                                                                                 Periodic tests are held to ensure the health of our employees. These may include blood and urine tests to help
                                          Former Head of HSE Standard & Operation Excellence                                                            determine whether employees have been exposed to unsafe substance levels. In addition, we hold periodic tests
                                                                                                                                                        at all our manufacturing plants, to determine the level of hazardous materials that may be present in each
                                                                                                                                                        working area.

                                                                                                                                                        During 2020, we conducted two comprehensive HSE Internal Reviews due to
                                                                                                                                                        Covid-19 guidelines.



Managing Health and Safety                                                                                                                              Analyzing HSE Risks
While managing our employees' health and safety                                                                                                         In recent years, we introduced a new management review process that includes root cause analysis. Besides
is important in all our facilities around the world, it                                                                                                 analyzing the direct cause of incidents and their physical consequences, this analysis helps us identify their
is especially crucial at our production sites, where                                                                                                    underlying roots – meaning, the source of the cause we need to tackle.
the potential for accidents, exposure to hazardous                                                                                                      We conduct a safety monitoring process for all our sites, in accordance with a dedicated matrix that tracks
materials, and erroneous use of equipment is higher                                                                                                     their proactive safety activities with clear goals and KPIs. The sites report on an ongoing basis, according to this
than at other facilities.                                                                                                                               matrix and according to their size, with larger sites reporting more often than smaller ones. Sites are divided
Our sites are governed by localized HSE policies and                                                                                                    according to small sites with up to 100 employees, medium with 100-300 employees and large sites with over
guidelines. We are in the process of completing ISO                                                                                                     300 employees.
certifications for all our sites with ISO 45001, 14001                                                                                                  The proactive safety activities matrix includes measuring and reporting on near miss and unsafe conditions,
certifications expected by the end of 2023.                                                                                                             unsafe condition closure ratios, site manager tours, HSE personal safety tours, safety committees, training,
                                                                                                                                                        exercises, and more.
By the end of 2021, 57% of our sites were
ISO 14001 certified and 43% were ISO 45001 certified
                                                                                                                                                                              Direct Cause                                                  Root Cause
Global HSE Processes                                                                                  icie
                                                                                                           s, d
                                                                                                                Com
                                                                                                                   mitm
                                                                                                                         e
                                                                                                                                                                                                                               4%                             14%
                                                                                                  Pol ard an acc and nt                                                                                                        Wrong Behavior
                                                                                                                                                                                                                                                              Ignore Risk
                                                                                                    n d ives     ount
                                                                                                Sta bject            abilit
In 2021, we continued to build our global safety processes, by:                                    o                       y
                                                                                                                                                          27%                                           19%
                                                                                 pa d s




                                                                                                                                 as nd c




                                                                                                                                                                                                                                                                        2%
                                                                               ca an rce




 Reporting according to Syngenta Group standards
                                                                                                                                   a
                                                                                                                                   se on
                                                                                          y




                                                                                                                                    Ris men ol




                                                                                                                                                          Wrong Tool                                    Ignore Risk
                                                                                        u

                                                                                      lit




                                                                                                                                     ss tr




                                                                                                                                                                                                                          70%
                                                                                     so




                                                                                                                                                                                                                                                                        No PPE
                                                                                                                                       k
                                                                                   bi




                                                                                                            Leadership
 Building the overall HSE model and system
                                                                                  Re




                                                                                                                                                                                                                          Poor Risk
                                                                                                                                           ts




 Recording 213 events, of which 179 were low severity and near miss                                                                                                                                     16%               Asessment
                                                                                                                                                                                                                                                                            10%
                                                                                           implementation




                                                                                                                          Management
                                                                           reporting and




                                                                                                                                         Stakeholders




 Managing Covid-19 aspects across all global locations
                                                                            Monitoring.




                                                                                                                                                                                                        No PPE
                                                                                                                                          customers




                                                                                                                                                                                                                                                                            Desigen
                                                                              learning




                                                                                                                The
                                                                                                                             Risk




                                                                                                                                             and




 Building our process safety education program                                                              Fundamental

 Training and certifying new process safety engineers                                                                                                   4%
 Taking an active part in major safety projects                                                                                                         Work Procdure
                                                                                                                                                                                                     4%
                                                                                                                                       m ety
                                                                             As view em




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                                                                                                              Continues
                                                                              im
                                                                              re rov




                                                                                                                                          en
                                                                                                                                     ge af
                                                                               su a en




                                                                                                                                                                                                     Poor
                                                                                 p




                                                                                                            Improvement
                                                                                                                                   na ss S
                                                                                 ra n ts




                                                                                                                                                                                                              8%
                                                                                   nc d




Our process safety is led by proactive Job Hazards and Process                                                                                                                                       Design
                                                                                                                                Ma oce




                                                                                                                                                            18%
                                                                                      e




                                                                                                                                                                                                              Risk
                                                                                                                                 Pr




                                                                                                   Exe
Safety Analysis (HAZOP, JSA, PSA) and is based on the 20                                               c
                                                                                                    act ution             nd                                Work Enviorment                                   Asessment
                                                                                                                      ns a s
                                                                                                        ivit of    Pla edure
OSHA elements for assessment, which are followed closely and                                                ies
                                                                                                                   Proc
documented.




54 |                                                                                                                                                                                                                                            2021 ADAMA ESG Report| 55
Developing H&S Culture                                                                                                                                                                      5.
                                                                                                                                                                                                                            Dedicated training for emergency crews




                                                             Injuries
                                                                                                                                                                                                                            Safety conversations - for managers and employees on the subject
                                                                                                                                                                                            Safety is automatically
                                                                                                                                                                                                                            Monthly enrichment sessions
At ADAMA, we aim to build an incident-free work
                                                                                                                                                            4.
                                                                                                                                                                                            integrated into our business


environment, in which safety is automatically                                                                                                               Safety is a recognized value,
                                                                                                                                                                                                                            Communication regarding lessons learned post-accident – after each event in a one-pager to all
integrated into business practices. We are already
                                                                                                              3.                                                                                                            company employees
                                                                                                                                                            with focus on culture




halfway to achieving our goal, and our main                                                                                                                                 BEING SAFE
                                                                                                                                                                                                                           All sites measure, monitor and report back on the safety training they have undertaken.
                                                                                                              Regards safety as a priority and focuses on



                                                                                                2.
                                                                                                              a safety management system

managerial focus is now concentrated on developing
an organization-wide safety culture, which will                                                 Complies with local
                                                                                                legal regulations                   ACTING SAFE
influence all our employees’ behavior.
                                                                        1.
                                                                        No interest in safety
                                                                                                                                                                                                                           Communicating About Safety
                                                                                                                                                                                                                  Time
                                                                                                                                                                                                                           - HSE Portal
                                                                        The steps towards incident-free work environment                                                                                                   To make communication about safety more accessible,
                                                                                                                                                                                                                           we launched an HSE portal with all the relevant
                                                                                                                                                                                                                           information, which is now available to all employees.
Health and Safety                                                                                                                                                                                                          This information includes policies, updated global
Commandments                                                                                                                                                                                                               procedures, tutorials, and KPIs.

To create a simple, unified H&S approach across
our global sites, we have created our own “safety
commandments.” Containing ten clear and concise
rules, the guide has been translated into local
languages and is posted in a central location at all our
facilities, so it is visible to all employees.                                                                                                                                                                             HSE Apps - ADAMA-Safe
                                                                                                                                                                                                                           To further ensure convenience in accessing the safety
                                                                                                                                                                                                                           information, we have developed and launched an
                                                                                                                                                                                                                           HSE app.

Aligning with Syngenta Group                                                                                                                                                                                               All our sites adopted local mobile applications that are
                                                                                                                                                                                                                           used to report unsafe conditions, including assigning
During 2021, we finalized our full integration of Syngenta Group’s life-saving rules, and communicated them                                                                                                               incidents to the responsible party, tracking progress,
across the organization.                                                                                                                                                                                                   and handling the hazard.




Training on HSE                                                                                                                                                                                                            Injuries KPI
Analyzing site safety challenges has led to employees                                                                                                                                                                      According to OSHA, there were 49 recordable injuries
taking greater care and thereby avoiding many                                                                                                                                                                              at ADAMA's sites in 2021. Although ADAMA increased
accidents. Therefore, we invest a great deal resources                                                                                                                                                                     its total number of employees during 2021 by opening
in training our employees and in prevention,including:                                                                                                                                                                     a new site in China (an increase of about 30% in
                                                                                                                                                                                                                           the total number of working hours), we were able to
 Mandatory training for all employees - each                                                                                                                                                                               continue and show improvement in this KPI.
 employee must undergo a refresher training of one to
 two days, according to the site’s local regulations site                                                                                                                                                                 Most injuries (~60%) were cuts of various types, and
 Local safety risks - all employees undergo annual                                                                                                                                                                         there was a number of fractures. Unfortunately, we
 training regarding the risks in their specific work                                                                                                                                                                       had two cases of severe cuts and one hip surgery.
 environment                                                                                                                                                                                                               About 16% of accidents were related to exposure to
                                                                                                                                                                                                                           chemicals (two from 2020).

                                                                                                                                                                                                                           During 2021, we had 1,744 missed days due to injuries, double that of 2020, due to three events that accounted
                                                                                                                                                                                                                           for 833 sick days, and accidents from 2020 that continued into 2021.




56 |                                                                                                                                                                                                                                                                                                        2021 ADAMA ESG Report| 57
Five of our sites had ZERO injuries during the last three years - Poland, CSI, Tifton, Ocilla, and Mexico, and we
encourage all our sites to follow their success.

It is important to emphasize that we treat all employees as equals, which is why the number of accidents                                     In 2022, our goal is to decrease total injuries by 10%
includes permanent employees, contractor employees, and accidents on the way to and from work.
                                                                                                                      Looking                In 2022, we plan to audit our international sites, as soon as the
                                                                                                                      Ahead                  Covid-19 limitations are eased
We achieved a continuous reduction of the injury rate
since 2012, reaching 0.45 in 2021

                                        Operational Injury Rate 2015-2021
  1.49                                                                                                              GRI Sustainability Reporting Standards
                   1.51                                                                                             GRI 103, GRI 102-7, GRI 102-8, GRI 404-2, GRI 404-3

                                     1.21                                                                           Sustainabe Development Goals

                                                        0.76
                                                                        0.58                                                          Build resillient infrastructure,promote
                                                                                                                                      inclusive and sustainable
                                                                                          0.46              0.45                      industrialization and faster innovation




  2015             2016              2017              2018              2019             2020              2021




Managing Health and
Safety During the COVID-19
Pandemic
The Covid-19 pandemic has forced us to formulate
new mechanisms adapted to the new constraints, to
continue to ensure the health and well-being of our
workers in their homes. Therefore, we have established
new guidelines and protocols, including implementing
the following steps:

 Ongoing monitoring of the number of workers in
 isolation, active infections, etc.
  We are sorry to report that we lost 10 employees to the COVID-19 pandemic. We investigated and we could
 not find that the infection took place on site.
 ADAMA provided support to employees who fell ill due to COVID-19, including support for family members,
 delivery of medicines, ensuring hospitalization and the best local medical services, etc.
 ADAMA proactively donated oxygen machines to a local hospital in India, which serves the community close
 to our site there.




58 |                                                                                                                                                                                                  2021 ADAMA ESG Report| 59
       Our Environment




       Our Environmental Impact
       As a global agrochemical company, we strive to minimize our environmental impact while supporting farmers'
       efforts to increase global food production in a more sustainable way. We take a comprehensive approach to
       monitoring our environmental impact and mitigating risks at every stage of our product life cycle, starting from
       raw material supplies, to production, transportation, application, and all the way to end-of-life management.
       This approach enables us to continuously improve our environmental performance indicators.

       Our environmental sustainability policy was designed based on listening and learning from farmers, employees,
       surrounding communities, environmental organizations, and other stakeholders. This is how we become familiar
       with their expectations from us, and with innovative technologies and ways that can help us better manage in
       the field.

       We actively work to engage the communities living near our operation sites, to jointly create projects that reduce
       potential disturbances. In our production plants, we host regular community dialogues to listen to and address
       public concerns.

       For example, we send a biannual operational update to community leaders, as well as run a verified monitoring
       station that transmits real-time information about chemical emissions, so our stakeholders can be certain that
       we are well below admissible levels.



       HSE Management
       To put our commitment into practice, we have
       established and continuously maintain an effective
       environmental management system for most of our
       production processes, based on the International
       Standard ISO 14001.

       Our Health, Safety and Environment (HSE) Policy
       adopts a sustainable approach to protecting both our
       People’s health and safety, and the environment, by
       promoting renewable energy, recycling, and emissions
       reduction. We strongly maintain our commitment
       to the nearby communities, and foster a corporate
       culture of individual responsibility at all our sites.




60 |                                                                                      2021 ADAMA ESG Report| 61
                                                                                                                 Making Environmental
                                                                                                                 Progress – Beyond
                                                                                                                 Compliance
                                                                                                                 Despite our growing production volumes, we are
                                                                                                                 committed to outperforming regulatory requirements
                                                                                                                 and dramatically limiting our energy, water, and
                                                                                                                 hazardous waste footprint. We have launched a
                                                                                                                 variety of projects that will steadily improve our
                                                                                                                 environmental performance in absolute terms over the
                                                                                                                 coming years.


                                                                                                                                                                                              "At ADAMA, we make sure
                                                                                                                                                                                              that the HSE field is managed
                                                                                                                                                                                              methodically and systematically
                                                                                                                                                                                              to ensure significant
                                                                                                                                                                                              achievements over time and
                                                                                                                                                                                              as part of our commitment
                                                                                                                                                                                              to sustainability, which is
                                                                                                                                                                                              embedded in our core business.
                                                                                                                                                                                              Our publicly published reports
                                                                                                                                                                                              and ESG ratings reflect our
                                                                                                                                                                                              progress, and we are proud of it."
ADAMA has updated its HSE and Sustainability Policy to include aspects of process safety, which are associated                                                                                Eran Segal
with environmental incidents such as spills and release. Moreover, ADAMA formulated four new environmental                                                                                    Head of HSE
and sustainability procedures covering two-way impact, quantification methods, and short- and long-term                                                                                       and Operational Sustainability
activities to meet its global and local sustainability goals. The procedures focus on the following topics:

 Carbon footprint
 Water resources use
 Hazardous materials and waste
 Reporting and transparency                                                                                      Investing in a Greener Future
                                                                                                                 In 2021, we increased our investment in preventing and mitigating environmental risks while reducing the
2021 Highlights                                                                                                  potential environmental effects of our activities. Specifically, we constructed a new chlorine gas production
                                                                                                                 facility, shifting from technology based on mercury to a membrane-based technology. Moreover, we built a new
                                                                                                                 5000m3 wastewater reactor and 1000m3 balancing pool to enhance treatment efficiency and redundancy. We
                                                                                                                 installed two new scrubbers to upgrade our air emission control measures. Our facilities are managed according
                                                                                                                 to stringent European directives or analogous local regulations.


                                                                                                                                                               2019                    2020                     2021
                                                                                                                  Investment in facilities (million $)          9                        19                      60*


30       %
                                        51      %
                                                                                 36       %                       Current costs (million $)

                                                                                                                 * Including China ( 19 million USD )
                                                                                                                                                               48                        51                      54


Decrease in GHGs emission               Decrease in TOC discharge                more recycle and
per tonne production from               per tonne production from                reused hazardous waste
averaged values 2011-2020               averaged values 2011-2020                compared to 2020




62 |                                                                                                                                                                                             2021 ADAMA ESG Report| 63
Sustainable Operations                                                                                           Pillars                       Technological and Organizational Solutions
We operate five (5) major synthesis sites and twelve (12) formulation and packing sites.                         Hazardous waste               Condensation system to reuse solvents
In 2021, the new Chinese subsidiary, Jiangsu Huifeng Bio Agriculture Co., Ltd, started to report on its                                        Dewatering system for reducing volume of sludge
environmental and sustainability performance.                                                                                                  Recycling of used plastic packages
 Whenever significant changes or new operations are planned, we first carry out a survey to identify potential
                                                                                                                 Noise nuisance                Silencers on stacks and equipment
  environmental risks.
                                                                                                                                               Physical barriers around workshops
 We strive to improve our production processes by integrating advanced technological and environmental
  solutions at all our sites.                                                                                                                  Acoustic walls

                                                                                                                 Accident prevention           Only certified drivers handle hazardous materials
                                                                                                                                               Warehouse employees are trained in safe loading and storage of
                                                                                                                                               hazardous materials
                                                                                                                                               Warehouses managed in compliance with storage safety constraints and
                                                                                                                                               labeling requirements, according to UN code and SDS
                                                                                                                                               Facility floor covered with leach-proof concrete and drainage trenches
                                                                                                                                               Ground water, marine environment, and air pollutants are monitored in
                                                                                                                                               areas surrounding the plant




                                                                                                                                       Our 2024 Environmental Goals:
                                                                                                                                       10% reduction in energy generated by fossil fuel
                                                                                                                   Looking             in absolute terms and/or per tonne production
                                                                                                                   Ahead               from 2019 values
                                                                                                                                       15% reduction in hazardous waste disposed
                                                                                                                                       to landfill or incineration in absolute terms
                                                                                                                                       and/or per tonne production from 2019 values
                                                                                                                                       10% reduction in water consumption
Meeting ADAMA's emissions goals and continuing our journey to become a more sustainable company                                        in absolute terms and/or per tonne production
compels us to apply the best available technologies. The following technologies were adopted by ADAMA to                               from 2019 values.
realize our environment and sustainability vision:

 Pillars                            Technological and Organizational Solutions
 Water and wastewater              Biological wastewater treatment plants and desalination plant
                                   Treatment and reuse of effluents
                                   Closed-loop cooling towers
                                   Clean-in-Place (CIP) water reuse

 Energy use                        Use of steam and electricity generated by cogeneration natural gas plant
                                   Renewable energy sources
 Air pollutants and odor           Thermal oxidizer units
 nuisance                          Denoxers based on ammonia injection
                                   Scrubbers
                                   Activated carbon systems
                                   Sieve and HEPA filters
                                   Magnetic pumps




64 |                                                                                                                                                                                       2021 ADAMA ESG Report| 65
Sustainability Assessments                                                                                       Learning and Improving
ADAMA is continuously improving its sustainability performance in leading global and local ESG ratings.          Since 2022, ADAMA HSE and sustainability newsletters have provided global information on new regulations,
EcoVadis and Maala (Israeli sustainability ranking organization) ratings focus on environment, labor and human   major HSE incidents, and sustainability activities of agrochemical companies. The goal is to expose our HSE
rights, ethics, and sustainable procurement.                                                                     teams to upcoming regulations, implement corrective actions from external HSE incidents, and to learn about
                                                                                                                 sustainability activities within our industry.
CDP (Carbon Disclosure Project) focuses on climate change impact, disclosure practices, targets, policies, and
governance.

EcoVadis ranked ADAMA for 2020 data at “Bronze” level and Maala as “Platinum+”.


                                                                                                                 HSE and Sustainability
The 2021 assessment is ongoing for both initiatives, and final scores will be available towards Q3 2022. CDP
ranked ADAMA as D, typical for first year companies, starting their climate change journey.

We used these ESG ratings to analyze the results, formulate a detailed gap analysis and prepare
a multiyear plan.
                                                                                                                 Sep - Dec 2021
                                                                                                                                 Territory
                                                                                                                                Territory     Title
                                                                                                                                             Title                                                                                           Links
                                                                                                                                                                                                                                             Links




                                                                                                                   Regulation
                                                                                                                                UKUK         Amid fears ofofchemical shortages, the Environment Agency introduced aa waiver that
                                                                                                                                              Amid fears     chemical shortages, the Environment Agency introduced waiver that                >>




                                                                                                                  Regulation
                                                                                                                                                                                                                                              >>
                                                                                                                                              enabled companies that cannot comply with permit conditions to skip the nal stage of
                                                                                                                                             enabled companies that cannot comply with permit conditions to skip the nal stage of
                                                                                                                                               wastewater treatment, valid until the end of 2021.
                                                                                                                                              wastewater treatment, valid until the end of 2021.
                                                                                                                                 US           The EPA is to set an industrial wastewater discharge limit for the release of PFAS from         >>
                                                                                                                                US           The EPAinis numerous industrial wastewaterthedischarge limit for the release of PFAS from
                                                                                                                                                         to set an industries, including                                                      >>
                                                                                                                                                                                                                                              >>
                                                                                                                                              plants                                         organic chemical industry.                       >>
                                                                                                                                             plants in numerous industries, including the organic chemical industry.
                                                                                                                                 US           The EPA ordered to gradually phase down the use and production of hydro uorocarbons             >>
                                                                                                                                US           The EPA ordered within the nextphaseyears asthe useofandeproductionreducehydro uorocarbons       >>
                                                                                                                                              (HFCs) by 85% to gradually       15 down part         its  orts to      of greenhouse gas       >>
                                                                                                                                                                                                                                              >>
                                                                                                                                                                         next 15 reduce part       its e
                                                                                                                                             (HFCs) by 85% withinthetherule couldyears as globalofwarmingortsbytoupreduce greenhouse gas
                                                                                                                                              emissions, claiming                                                   to 0.5 °C by 2100.
                                                                                                                                             emissions, claiming the rule could reduce global warming by up to 0.5 °C by 2100.
                                                                                                                                 US            In order to ght hazardous pollutants, the EPA agreed to review and propose new                 >>
                                                                                                                                US           Inemissiontostandards for plants that produceEPA agreedorganic chemicals by thenew
                                                                                                                                                 order     ght hazardous pollutants, the synthetic to review and propose end                  >>
                                                                                                                                                                                                                                              >>
                                                                                                                                             emission standards for plants that produce synthetic organic chemicals by the end                >>
                                                                                                                                               of 2022.
                                                                                                                                             of 2022.
                                                                                                                                 Brazil       The National Council for the Environment (CONAMA) approved end of limits on polluting           >>
                                                                                                                                Brazil       The Nationalfrom oil platforms,Environmentcouncil appealed againstendlawsuit ledonbypolluting    >>
                                                                                                                                              emissions Council for the after the (CONAMA) approved a of limits                    the
                                                                                                                                              Federal from oil platforms, opposed the proposal to
                                                                                                                                             emissionsPublic Ministry whichafter the council appealedendagainst a lawsuit led by the
                                                                                                                                                                                                          emission limits.
                                                                                                                                             Federal Public Ministry which opposed the proposal to end emission limits.
                                                                                                                                 Brazil - The Governor of the state published a decree requesting to extend water emergency                   >>
                                                                                                                                Brazil - The Governor preventstate published a decree requestingthetoWater andwater emergency(IAT)            >>
                                                                                                                                 Paraná  measures to of the waste. According to the decree,             extend Land Institute
                                                                                                                                Paraná                  legal waste. According to the the restrictions on and
                                                                                                                                         measuresoftoitspreventattributions, will evaluate decree, the Water waterLandowInstitute (IAT)
                                                                                                                                          the use                                                                        granted for
                                                                                                                                         the use of its legal attributions, will evaluate the restrictions on water ow granted for
                                                                                                                                          agricultural, industrial and commercial activities.
                                                                                                                                          with the industrial and commercial training
                                                                                                                   We treat all accidentsagricultural,highest care, and invest inactivities. and a culture of safety, so that even
                                                                                                                   though weColombia guarantee a zero-incident rate, we can learnDevelopment
                                                                                                                             cannot                                                from mistakes tothe                     >>
                                                                                                                                                                                                    preventClimate occurrences.
                                                                                                                                                                                                            future
                                                                                                                                Colombia   Action Law, Environment and a roadmap for the country on                        >>
                                                                                                                                          The Ministry ofwhich will function asSustainable Development passeditsthewaynewto Climatecarbon
                                                                                                                                                                                                                            reduce         >>
                                                                                                                                          Action Law,bywhich will functiondeforestation byfor2030 and achieveitscarbon toneutrality carbon
                                                                                                                                                                               as a roadmap      the country on   way       reduce         >>
                                                                                                                                           emissions
                                                                                                                                               four byThe40%,incidents,zerowhich were of reducing and emission factor treated.
                                                                                                                   In 2020, we experienced 2050.major40%,reachalsozerosetsdeforestationimmediately containedcarbon ofneutralityoxides
                                                                                                                                          emissions
                                                                                                                                           by             new law
                                                                                                                                                                   reach
                                                                                                                                                                               the goal    by 2030 the achieve    and nitrous
                                                                                                                                                      80% per unit of sets the production plants the chemical of fertilizer sectors.
                                                                                                                                          byby2050.toThe new law alsoproduct ingoal of reducing theinemission factorand nitrous oxides
                                                                                                                                               up
                                                                                                                                          by up to 80% per unit of product in production plants in the chemical and fertilizer sectors.
                                                                                                                              Mexico       The Secretary of the Environment introduced the Management Program to Improve                   >>
                                                                                                                             Mexico                                                                                                        >>
                                                                                                                 Case Study: Odor Nuisance at
                                                                                                                                          The Secretaryin ofthetheMetropolitan Area of the ValleyManagementwhich involves Improve to
                                                                                                                                          Air Quality in the Metropolitan Area of the Valley of Mexico, whichasinvolves an update to
                                                                                                                                                                                                                                           >>
                                                                                                                                                                                                                                           >>
                                                                                                                 Makhteshim Production Site, Neot
                                                                                                                                          the regulatoryschemes to control emissions in priority industries. as applying auditing and
                          Our 2024 Environmental Goals:                                                          Hovav Israel (2021)      surveillance schemes to control emissions in priority industries.
                                                                                                                              EU           The European Commission adopted a proposal o ering new limits for Persistent Organic            >>
   Looking                ADAMA intends to join the Together for Sustainability Initiative (TfS) of global                   EU           The European Commission adopted a proposal o ering new limits for Persistent Organic             >>
                                                                                                                 Poor control of PCMM (Perchloromethylinmercaptan)
                                                                                                                                          Pollutants (POPs) waste, including PFOA, dicofol and pentachlorophenol.
                          chemical companies, which aims to deliver the de facto global standard for
   Ahead                  environmental, social, and governance performance of chemical supply chains.
                                                                                                                                                  facility caused an odor
                                                                                                                 emissions from a productionPolish Ministry of Climate and Environment published a bill to tackle the waste
                                                                                                                              Poland       The                                                                                             >>
                                                                                                                 nuisance atPolandsite andTheneighboring communities.andWeEnvironment published a billadopted in Q1the2022.                >>
                          Therefore, to enable us to join, we are making a continuous effort to increase our
                                                                                                                                             of the chemical plants in large-scale brown elds, to be adopted in Q1 2022.
                                                                                                                 identified the root causedisposal byemissions and replaced
                          EcoVadis score to at least 60 (current score is 52).                                                Spain                                                                                                        >>
                                                                                                                                           The decrease emissions and
                                                                                                                 a bag filter system to sharplyGoverning Council of Castilla y León approved the Plan for Improving Tropospheric          >>
                                                                                                                             Spain        The Governing Counciltheof region, which includes measures tofor reduce nitrogen oxide,
                          We will also continue our efforts to improve our CDP score.                            odors.                   Ozone Airorganic compounds andwhich includes measures to reduce nitrogenindustrial
                                                                                                                                          volatile organic compounds and ozone precursor pollutants emissions from industrial
                                                                                                                                          sources.


                                                                                                                                                                                                                                      >>
                                                                                                                    E Events




                                                                                                                                 US           One contract plan worker of Zachry Group died after being exposed to unidenti ed        >>
                                                                                                                                                                                                                                      >>
                                                                                                                   HSEEvents




                                                                                                                                US           One contractat plan
                                                                                                                                                              BASF chemicalZachry Group died after being exposed to unidenti ed       >>
                                                                                                                                                                                                                                      >> 67
66 |                                                                                                                                         chemicals at a BASF chemical plant in Louisiana.                    2021 ADAMA ESG Report|
                                                                                                                                                                                                                                      >>
                                                                                                                                                                                                                                      >>
                                                                                                                                 US           Six contract employees were injured by an explosion at Westlake Chemical's Petro        >>
                                                                                                                                                                                                                                      >>
                                                                                                                                                                                                                                      >>
                                                                                                                                US           SixComplex plant in Louisiana. injured by an explosion at Westlake Chemical's Petro      >>
Case Study: Overflow of Effluents from a Storage Tank at Makhteshim
Production Site, Beer Sheva, Israel (2021)
                                                                                                                     Energy, GHG and Air Quality
We stopped effluent flow in the pipe, pumped excess effluents to a tanker back to the wastewater treatment
plant, identified the breakdown point, and fixed the broken pipe within a few hours. An electrical check to detect   We are committed to reducing our GHG emissions and improving the air quality surrounding our sites. Explicitly,
leaks along the pipeline was embedded into routine maintenance to prevent future issues.                             we are committed to reducing our absolute and/or per tonne production energy generated by fossil fuels by
                                                                                                                     10% by 2024 (2019 baseline), through developing and promoting solutions that support efficient and responsible
                                                                                                                     energy use.

                                                                                                                     Despite production enhancement in 2021, we have succeeded in maintaining energy consumption at a similar
 GRI Sustainability Reporting Standards                                                                              level, and we were able to bring an approximately 30% decrease in GHG emission per tonne production from
 GRI 103, GRI 102-9, GRI 102-44, GRI 307-1, GRI 413-1, GRI 413-2                                                     average values 2011-2020.

 Sustainabe Development Goals
                                                                                                                     Carbon Footprint Measurement
 With our renewable and energy efficiency projects, wastewater treatment and recycling activities, and soil
 and groundwater reclamation, as well as our green revamping of our Chinese facilities, we aim to contribute         ADAMA collects energy data from production sites and calculates its carbon footprint digitally. During 2021,
 to the advancement of UN Sustainable Development Goals 6, 7, 9, and 12, focusing on the following                   ADAMA revised its scope 1 carbon footprint emission factors from CO2 only to CO2e, which accounts for more
 subtargets:                                                                                                         greenhouse gases (e.g., CO2, N2O, CH4, HFCs, PFCs). The new emission factors follow the UK Department for
                                                                                                                     Environment, Food & Rural Affairs reporting guidelines.
                     6.3 By 2030, improve water quality by reducing pollution, eliminating                           Similarly, scope 2 carbon footprint emission factors, electricity and steam, were adjusted for each supplier,
                     dumping and minimizing release of hazardous chemicals and materials,                            according to supplier specific data or the energy mix of the region/state electricity supplier.
                     halving the proportion of untreated wastewater and substantially
                     increasing recycling and safe reuse globally.

                     7.2 By 2030, increase substantially the share of renewable energy in the
                     global energy mix.

                     9.4 By 2030, upgrade infrastructure and retrofit industries to make
                     them sustainable, with increased resource-use efficiency and greater
                     adoption of clean and environmentally sound technologies and industrial
                     processes, with all countries taking action in accordance with their
                     respective capabilities.

                     12.4 By 2020, achieve the environmentally sound management of
                     chemicals and all wastes throughout their life cycle, in accordance with
                     agreed international frameworks, and significantly reduce their release to
                     air, water and soil in order to minimize their adverse impacts on human
                     health and the environment.

                     12.5 By 2030, substantially reduce waste generation through prevention,
                     reduction, recycling and reuse

                     12.7 Promote public procurement practices that are sustainable, in
                     accordance with national policies and priorities.

                     12.A Support developing countries to strengthen their scientific and
                     technological capacity to move towards more sustainable patterns of
                     consumption and production.




68 |                                                                                                                                                                                                  2021 ADAMA ESG Report| 69
CO2 Emissions, (Tonne)                                                                                                             Green Energy
                             2014            2015       2016         2017         2018         2019         2020         2021      The transition to cleaner energy consumption is part of our long-term goal to reduce our impact on the
                                                                                                                                   environment and our GHG emissions. Our production sites in Spain, Colombia, and Brazil utilize renewable
 CO2 (tonne)                383,051         386,773    251,956     237,942      242,249       241,163      214,437      276,061*   resource-based electricity.
* CO2e emission factors were embedded during 2021
                                                                                                                                    At our Spain site, we switched to 100% renewable resources, based on solar panels and wind turbines.
                                                                                                                                    In Brazil and Colombia, we purchased electricity that was mainly generated by a hydroelectric power station,
Energy Consumption, (TJ)                                                                                                            combined with biomass combustion resources.
                                                                                                                                    Solar panels were installed on the roofs at ADAMA production sites, with a large 300KWH installation at the
                                   2013        2014      2015       2016       2017        2018     2019      2020        2021      Agan logistics center.
                                                                                                                                    During 2021, the Dahej site (India) installed 25KWH solar panels on its warehouse roof.
 Energy consumption, (TJ)           3,313      3,272     3,312     3,243      3,227        3,344    3,493     3,250       3,758     The Bonide site (USA) has been running solar panels on its roof for several years.

ADAMA Solutions data. The performance of our two Chinese sites is reported separately.                                             Saving energy will be achieved also by reducing the demand for electricity by replacing poor efficiency electrical
                                                                                                                                   units (e.g. motor, compressors, and lighting) with high efficiency ones. ADAMA has a designated budget to
                                                                                                                                   support such environmental initiatives.

                                                                                                                                   Yet renewable energy adoption and energy conservation plans are not sufficient to meet the estimated 15%
                                                                                                                                   GHGs emission reduction required to offset the global warming effect, by targeting a 1.5°C global temperature
                                                                                                                                   increase by 2030, as calculated by the CDP (Carbon Disclosure Project) and SBTi (Science Based Targets
                                                                                                                                   initiative) organizations. Therefore, we expect to accelerate the utilization of carbon-free fuels as hydrogen, and
                                                                                                                                   carbon neutral fuels as biomass (wood).



                                                                                                                                                              2022-2023 Energy Conservation Actions
                                                                                                                                                               The high energy-efficient chlorine gas production with modern membrane
                                                                                                                                      Looking                  technology will enter commission in 2023, potentially saving up to 45% energy
                                                                                                                                      Forward                  usage per tonne of product.
                                                                                                                                                               Agan is going to operate 38 electrical ion forklifts, saving 185,000 liters of diesel
                                                                                                                                                               annually.
Reducing Energy Use                                                                                                                                            On-going upgrade of energy-inefficient equipment, such as medium to large
                                                                                                                                                               motors.
Energy Cogeneration                                                                                                                                            Shifting to LED lighting technology.
Cogeneration is an environmental improvement, as it allows us to use the same energy twice. Natural gas drives
the first turbine and residual heat generates steam to drive the second turbine, which is reused by our facilities
for heating processes.

Two cogeneration power plants running on natural gas supply electricity and steam to our Makhteshim and Agan
                                                                                                                                   Air Quality
facilities, which account for 82% of our total electricity consumption and 93% of total steam consumption. This has                We invest extensive resources in mitigating air emissions at our production plants, to meet and exceed air
allowed us to reduce our fossil fuel use and indirectly reduce greenhouse gas emissions by 30% since 2015.                         quality standards. We acknowledge the importance of disclosing particulate matter (PM) emissions, and started
                                                                                                                                   collecting this information in 2020. During 2021, additional production sites monitor PM and implement the best
                                                                                                                                   available technologies to control the risk.
Use of energy sources (%)
                                                                                                                                   The elevated NOX emissions can be attributed to the increased use of fossil fuel. No change was detected in
                                                       2019                        2020                         2021               SOX due to use of low sulfur fuel.

 Electricity                                           40                             40                           37
 Steam                                                 30                             28                           26
 Internal production (Fossil Fuels)                    30                             32                           37
* ADAMA Agricultural Solutions data. The performance of our three Chinese sites is reported separately.




70 |                                                                                                                                                                                                                     2021 ADAMA ESG Report| 71
                             2014         2015         2016         2017         2018         2019     2020         2021    Water, Effluents and Waste
  NOX (tonne)                 114          100          60           90           106          129     97.3         114.3

  SOX (tonne)                  67           31          32           22           32           48       21           20
                                                                                                                            Reducing Water Use
                                                                                                                            Water is an essential resource that is used in our production cycle. Explicitly, we are committed to reducing our
  PM (tonne)                                                                                            14           21     absolute and/or per tonne production water consumption by 10% by 2024 (2019 baseline), through developing
ADAMA Agricultural Solutions data. The performance of our two Chinese sites is reported separately.                         and promoting solutions that support efficient and responsible water use. Reuse of wastewater, cooling water,
                                                                                                                            and wash-water are the major practices implemented by ADAMA.

                                                                                                                            Water Consumption (m3)
                              2022-2023 Air Quality
                                                                                                                                                                                                                                                                      Target
    Looking                   During 2023, ADAMA Makhteshim and ADAMA Brazil are going to install two new                                             2013       2014         2015         2016          2017         2018        2019        2020        2021
                                                                                                                                                                                                                                                                      2024
                              regenerative thermal oxidizers (RTOs) to better control organic air pollutants.
    Forward
                                                                                                                              Water
                              ADAMA’s hydrogen production capacity at Makhteshim is going to increase                        consumption           3,616,837    3,521,101   3,517,081    3,631,392     3,231,135    3,503,711   3,580,210   3,586,590   3,575,850   3,222,189
                              significantly in the coming years. As hydrogen is a zero GHG fuel with 3 times the              (m3)
                              amount of energy as natural gas, ADAMA works to extend the use of hydrogen fuel
                              in its thermal oxidizers, replacing natural gas.                                              * ADAMA Agricultural Solutions data. The performance of our three Chinese sites is reported separately.



                                                                                                                            Water Reclamation
 GRI Sustainability Reporting Standards                                                                                     Water reclamation projects allow us to reuse wastewater, cooling and wash-water, reducing the environmental
 GRI 103, GRI 301-2, GRI 301-3, GRI 306-1, GRI 306-3                                                                        impact of discharged water, and saving the consumption of freshwater.
                                                                                                                             At the Makhteshim site, we reuse our wastewater following advanced treatment: we operate a reverse osmosis
 Sustainabe Development Goals
                                                                                                                             desalination facility to treat our wastewater following a biological wastewater treatment plant (B-WWTP). The
                                                                                                                             reclaimed water is utilized at the major production facility onsite.
                                                                                                                             At the Agan, Londrina, and Madrid sites, we reuse wash-water.
                       Ensure availability and                                         Ensure sustainable                    At the Poland site, we recycle cooling water back into the production process.
                       sustainabe management of                                        consumption and production
                       water and sanitation for all                                    patterns
                                                                                                                            Water, reclaimation (000m3)
                                                                                                                                                                                                                    282


                       Ensure access to affordable,                                                                                      235
                       reliable, sustainable and                                                                                                                                                                                  221
                                                                                                                                                                                    208
                       modern energy for all                                                                                195
                                                                                                                                                        185

                                                                                                                                                                                                                                                161
                                                                                                                                                                     136
                                                                                                                                                                                                  114




                                                                                                                            2013         2014          2015          2016          2017           2018              2019          2020          2021

                                                                                                                            The decrease in reclaimed wastewater is due to a decrease in the demand for desalinated water.from averaged values 2011-2020




72 |                                                                                                                                                                                                                                     2021 ADAMA ESG Report| 73
Reducing Effluent Loads                                                                                                Reuse and Recycling of Waste
                                                                                                                       Our production processes generate hazardous and non-hazardous waste that is treated in full compliance with
We aim to keep our surrounding marine and freshwater environments healthy and clean, and so strive to curtail          local environmental protection laws. Waste handling is also an important focus for reducing our environmental
any discharges created at our facilities. Our effluent’s treatment system is a multi-stage process comprises of       impact, and to that end we promote diverse initiatives that implement circular economy methodology.
physical, chemical and biological technologies.

Controlling measures includes online monitoring, composite sampling, and impact assessments. Moreover,
at the Agan site, the Israeli Oceanographic and Limnological Research Institute quantify the impact of the
effluents, discharged to the Mediterranean Sea, twice a year. The findings are submitted directly to the Israeli
Ministry of Environmental Protection. As of today, no evidence of any impact on marine life and environment
has been found.



Case Study:
Herbicides at Agan Site
We invest continuous efforts into reducing the residuals of herbicides discharged into the Mediterranean Sea
from the Agan site. To that end, we:

 Ensure optimal conditions at our B-WWTP
 Convert liquid waste to solid
 Maintain a high level of housekeeping to eliminate spills
 Despite our increased levels of production, the total amount of discharged herbicides decreased in 44% to 780
 Kg within 5 years


Herbicides discharged                   1.38            1.39
to the sea (000 kg')                                                1.24

                                                                                    1.12
                                                                                                    0.83
                                                                                                               0.78



                                                                                                                       ADAMA promotes recycling, upcycling, and reuse projects to prolong the lifecycle of the materials we use:
                                        2016            2017        2018            2019            2020        2021
                                                                                                                       Case Study:
Effluents and Waste                                                                                                    Hazardous waste used as fuel at Agan and MCW BS
                                   2014        2015      2016      2017      2018          2019      2020    2021      During 2021, 4,295 tons of high caloric value hazardous waste was used as fuel substitute to the thermal
                                                                                                                       oxidizers at Agan and MCW NH, saving natural gas.
 TOC in effluents (tonne)           302         201       178      208        212           189       181     193
                                                                                                                       Sulfuric Acid is Reused to Produce Fertilizer, MCW NH
 Hazardous waste (tonne)           21,940      22,765    27,543   27,126    23,429         28,151   26,588   33,326    During 2021, 1,200 tonnes of sulfuric acid, originated from our fungicides production was purified and reused by
                                                                                                                       a fertilizer company to produce phosphorus fertilizer.
 Reused or recycle                                                                                                     New Life for Plastic
 hazardous waste (tonne)                                                                   2,817     8,107   7,404
                                                                                                                       The Plastic recycling centers at Agan and MCW BS continues to wash and shred empty containers (IBCs, barrels,
ADAMA Agricultural Solutions data. The performance of our three Chinese sites is reported separately                   and jugs). During 2021, the plastic recycling activity was extended by collecting and recycling empty plant
The increase in Hazardous waste is due to increase in production at the sites without an internal wastewater           protection containers from Israeli farmers. Designated recycle bins (“Green Stations”) were constructed and
treatment facility.                                                                                                    located at 15 farms, collecting 1-2 tons per month.




74 |                                                                                                                                                                                                     2021 ADAMA ESG Report| 75
                           We are committed to continue reducing the use and disposal of plastic in our       Bringing Sustainability
                           operation and increasing waste recycling.
   Looking                 We are in the process of embedding recycled plastic in the production of our
                           containers.
                                                                                                              to Our Chinese Facilities
   Ahead
                           We are in the process of evaluating the disposal of organic hazardous waste to
                           a cement furnace, as an alternative to incineration and landfill.
                                                                                                              Since 2018, and even more so during 2021, we managed an ambitious project to improve the environmental
                                                                                                              impact of our Chinese facilities, by relocating them from the old commercial quarters of their respective cities to
                                                                                                              new industrial parks, while upgrading their environmental design.

Actions to Minimize our Historical Impact                                                                     The relocation of Sanonda was completed at the end of 2020. The new plant is already producing, including
                                                                                                              two state-of-the-art regenerative thermal oxidizers, an upgraded biological wastewater treatment plant, and
Soil and Groundwater Remediation                                                                              odor and noise control. Special attention was given to infrastructure eliminating the risk of soil and groundwater
                                                                                                              contamination. Minimizing hazardous waste disposal is planned through the operation of the designated on-site
We thoroughly monitor and remediate contaminated soil and groundwater in most of our sites. In 2020, we       solid waste incinerator.
initiated a groundwater and soil gas remediation at one site, finalized a comprehensive soil gas, soil, and
groundwater analysis at another site and conducted verification sampling to verify remediation outcome at a   During 2021, the Sanonda wastewater treatment plant (WWTP) was upgraded to include the MBR-PAC
third site.                                                                                                   technology. This upgrade allows to meet and go beyond the Chinese wastewater national discharge standards,
                                                                                                              and protects the Yangtze river, which serves as the local fresh water source.

                                                                                                              The current structure of our Sanonda WWTP comprises a multibarrier systems: i) an advance oxidation section
Case Study:                                                                                                   based on Ozone and Hydrogen Peroxide; ii) a biological section with aerobic and anaerobic zones combined
Remediating Historic Groundwater                                                                              with activated carbon adsorption; iii) an ultra-filtration unit, and vi) a phosphorus polishing system.
Contamination at the Agan Site                                                                                The WWTP treats more than 10,000 m3 wastewater per day and removes 98.5% of organic matter, 98.6% of
During 2021, remediation of contaminated                                                                      Nitrogen and 99.9% of phosphorous.
groundwater and soil gas took place at the Agan
                                                                                                              Similar systems will be installed during the relocation of Anpon, which is expected to be finalized during 2024.
site. A designated well, located at the center of
                                                                                                              Meanwhile, in order to ensure continuity of production, waste gas systems were installed at the old site.
the plume, extracts the pollutants, which are
removed by a treatment system. Remediation is                                                                 Huifeng is a new Chinese entity which synthesizes and formulates plant protection products. It joined ADAMA
planned to last >10 years, until we meet remediation                                                          during 2021.
goals. Simultaneously, remediation of soil gas was
implemented using Soil Vapor Extraction technology.




 GRI Sustainability Reporting Standards
 GRI 103, GRI 301-2, GRI 301-3, GRI 306-1, GRI 306-3

 Sustainabe Development Goals



                   Ensure availability and                               Ensure sustainable
                   sustainabe management of                              consumption and production
                   water and sanitation for all                          patterns




76 |                                                                                                                                                                                                2021 ADAMA ESG Report| 77
Environmental Systems Being Implemented in Our Chinese Facilities
                                                                                                            GRI Sustainability Reporting Standards
 Waste type                  Environmental Systems Being Implemented      Sanonda      Anpon     Huifeng    GRI 102-10, GRI 203-2

                                                                                                            Sustainabe Development Goals
                             Biological treatment                               +          +        +

 Wastewater                  Membrane filtration                                +          +        +
                                                                                                                              Ensure availability and        Build resillient infrastructure,
                             Waste gas treatment                                +          +        +                         sustainabe management of       promote inclusive and
                             Organized source treatment                                                                       water and sanitation for all   sustainable industrialization
                                                                                +          +        +                                                        and faster innovation
                             by thermal oxidizers
                             Non-organized source treatment by
 Air and Odor                                                                   +          +        +
                             adsorption system
                             Comprehensive organized and non-                                                                 Ensure access to affordable,   Ensure sustainable
                                                                                +          +        +
                             organized source capture system                                                                  reliable, sustainable and      consumption and production
                                                                                                                              modern energy for all          patterns
 Hazardous Waste             Solid and liquid incinerators                      +           -       +

                             Isolated floor and drainage ditches
 Soil and Groundwater                                                           +          +        +
                             surrounding workshop and facilities


Absolute performance indicators for ADAMA’s Chinese entities
for the last 3 years, pre-relocation
 Parameter                                                              2019         2020         2021

 Investment in HSE facilities, million $                                 21            9.5         19

 Total energy consumption, Tj                                           8,992        7,506       6,758

 Used energy sources (%):

    Electricity                                                          24           42.4         40

    Steam                                                                0             7           11

    Internal production (Fossil Fuels)                                   76           50.6         49

 Water consumption, m3                                             6,707,923        8,037,799   9,235,279

 NOx, tonne                                                              201           34          45

 SOx, tonne                                                              130           4           22

 CO2**, tonne                                                          620,207      1,059,181   934,799

 TOC in effluents, tonne                                                 95           188         490

 Hazardous waste, tonne                                                13,798        14,061      16,138
* CO2e emission factors were embedded during 2021




78 |                                                                                                                                                                 2021 ADAMA ESG Report| 79
       Our Social Responsibility




       At ADAMA, we believe social responsibility is an inseparable part our business. This means we continuously
       listen to our stakeholders, communities, and partners to deepen our understanding of their needs and design
       programs and initiatives together, using our combined capabilities, strengths, and resources. As a result, our
       programs are built on rock-solid foundations, ensuring long-lasting relationships that make a positive impact
       with our communities and on our employees.

       Our recent collaboration in
       Israel with the NGO "HaShomer
       HaChadash" is a great example
       of the way we work. The
       COVID-19 pandemic led to
       Israel’s farmers struggling to
       obtain field workers, alongside
       a range of unprecedented
       challenges. Together, we
       developed a unique youth
       volunteer program to support
       local farmers, while connecting
       them to the land and the field of
       agriculture.




       2021 Social Responsibility Highlights.

          $2.5M                                                     18.5%*
          Monetary donations                                        Employee engagement


          2,777*                                                    2.9%
          Volunteering hours                                        Community investment from total profit
                                                                    (before tax)

          * Measured only in Israel, work in progress designing a global tool for reliable data collection




80 |                                                                                                         2021 ADAMA ESG Report| 81
Our Social Investment Policy and Strategy                                                                           Our Community Investment Strategy
                                                                                                                    Our strategy focuses on three main pillars, two of which are aligned with our core business, promoting
                                                                                                                    educational programs in chemistry, agriculture, and sustainability (60% of our budget). The third pillar changes
Each year ADAMA donates at least 1% of its profit                                                                   according to the needs of our local communities, and addresses a wide range of challenges in the fields of
before tax each year. In 2021, ADAMA donated $2.5                                                                   health, culture, welfare, and more (40% of our budget).
million (2.9% of profit before tax). This exceptional
donation was due to the additional needs and
challenges caused by the COVID-19 pandemic.

Our social investments are mainly in Israel, India,                                                                                                                      Educating Future
Brazil, and North America. However, we encourage                                                                                                                         Chemistry Scientists
and support local community activities in every                                                                     Strengthening the
country ADAMA operates in.                                                                                          chemistry sector

                                                                                                                                                                                                                  } 60%
Our Social Investment Policy                                                                                                                                           Agriculture, Sciences &
                                                                                                                    Promoting agricultural
Our policy implementation guidelines are based on six key principles                                                awareness and education
                                                                                                                                                                       Sustainability Programs


                   Alignment with ADAMA core business
                   We aspire to align our investments with the company’s core business areas.


                   Geographical focus & multi-sectoral partnerships
                                                                                                                    Promoting welfare, health,
                                                                                                                    education, culture and
                                                                                                                    excellence leadership
                                                                                                                                                                       Supporting neighboring
                                                                                                                                                                       communities needs
                                                                                                                                                                                                                  } 40%
                   We prioritize projects in the areas surrounding our sites (globally). Our programs are usually
                   based on multisectoral partnerships that include governmental, NGO’s and business sectors.


                   Long-term partnerships with potential for independent
                   continuation
                   We accompany our social partners for a period of at least 3 years to increase the impact of
                   our investments, while encouraging their independent continuation.


                   Measurable impact
                   We put an emphasis on measuring and evaluating our strategic programs to ensure they
                   meet the set goals.


                   Employee engagement
                   We prioritize projects that allow our people to volunteer or mentor. It is a win-win situation
                   where both our people and communities benefit.


                   Contribution to the company's reputation
                   We choose projects that have positive impact on our reputation and create a sense of pride
                   amongst our people.




82 |                                                                                                                                                                                                  2021 ADAMA ESG Report| 83
Our Social Responsibility Projects                                                                                                            "ADAMA’s ‘Marie Curie’ program enabled me to complete a year of
                                                                                                                                              university studies in chemistry while still at high school. Despite the
                                                                                                                                              challenge of combining both studies, I’ve succeeded in pursuing my dream
                                                                                                                                              of becoming a chemical engineer.”
Educating Future Chemistry Scientists                                                                                                         Tal-Or Cohen
We strive to educate and nurture the future generation of chemists. Throughout the years, we have collaborated                                Student in the “Marie Curie” program
extensively with leading academic institutions to promote excellence and encourage chemistry studies. ADAMA
leads, funds, and supports various programs, from their ideation process to their execution. We also facilitate
training, mentoring, on-site visits, steering committees, and more.                                               YESODOT - Chemistry Excellence Program
Through these integrated continuum programs, we instill curiosity in chemistry and empower students               YESODOT (Foundations) is a Chemistry Excellence
throughout their years of study, with the aim of strengthening the chemistry sector.                              Program in the city of Beer Sheva, Israel, aiming to
                                                                                                                  increase the number of students studying chemistry
                                                                                                                  in high school. The program focuses on training
                                                                                                                  chemistry teachers and also encouraging students to
                                                                                                                  participate in the ‘Marie Curie’ program.

                                                                                                                  The program is a 3-year partnership (2020-2022) with
                                                                                                                  the Beer Sheva municipality, Ben-Gurion University,
                                                                                                                  and other local partners that promote STEM (Science,
                                                                                                                  Technology, Engineering and Mathematics) education
Marie Curie &                  Yesodot                          ADAMA Center at       Excellence                  in the city. ADAMA employees are involved in the
Archimedes                                                      Tel aviv University   Scholarships                program committees, as well as supporting the
                                                                                                                  ongoing activities.
                                                                                                                  ADAMA built a website and social media pages where we share the activities, promote the program, and
Marie Curie and Archimedes - Academic Excellence Programs                                                         increase engagement.
ADAMA is proud to have established two leading
academic chemistry programs for outstanding high-
school students in Israel. The aim of these programs is to                                                                                    "With the help of ADAMA, the city of Beer-Sheva, and all of our amazing
increase the number of students studying chemistry at                                                                                         partners, we’re delighted to see our ‘Marie Curie’ graduates receive
academic levels, and create connections between the                                                                                           excellence awards in their academic degrees and graduate studies."
students, ADAMA, and the industry.                                                                                                            Prof. Gabriel Lemcoff
Since we launched the “Marie Curie” program at Ben-                                                                                         Dean of Natural Sciences Faculty, Ben Gurion University
Gurion University of the Negev in 2014, around 400
students have taken part. The “Archimedes” program at
the Technion – Israel Institute of Technology – established
in 2012, has accommodated around 600 students.                                                                    2021 Highlights
                                                                                                                  Over 20 teachers and 600 students participated in the program.

Our programs include practical tools within the                                                                   Dosens of teachers visited our global R&D center at Meot Hovav and were exposed to ADAMA's chemical research.
academic curriculum. In 2021, a group of 25 students                                                              The yesodot Lab was inougurated in Beer Sheva, sarving as a center of excellence for chemistry in the city.
from “Marie Curie” visited ADAMA’s Global R&D
Center in Neot Hovav, Israel. They toured the site's
labs, attended lectures from researchers, and were                                                                                            "Our dream in the YESODOT' (Foundations) Program is to see a significant
exposed to future professional opportunities.                                                                                                 increase in the number of high school students who choose to study
In 2021, we launched an impact assessment process                                                                                             chemistry, participate in competitions and projects, and pass on their love
for the “Archimedes” program, led by an expert in the                                                                                       for the profession to the next generation.”
field of educational program to evaluate and improve                                                                                          Sophie Bar Dov
its impact. In 2022, we will begin a similar process for                                                                                      Director of the YESODOT Program
the “Marie Curie” program.




84 |                                                                                                                                                                                                2021 ADAMA ESG Report| 85
ADAMA Center for Novel Crop Protection Delivery Systems                                                               Science & Sustainability Projects
In 2019, ADAMA and Tel Aviv University launched a unique research and teaching program on active substance
delivery and formulation, an innovation and growth driver in the worlds of agriculture and crop protection. The
collaboration combines the commercial industry with academia, training advanced degree research students in           "Sowing Seeds of Science"
chemistry, life sciences, and engineering in the delivery and formulation of active crop protection substances, a     The Scientific Research
field in desperate need of more experts.                                                                              Greenhouses
ADAMA invested in a world-class research laboratory                                                                   ”Sowing Seeds of Science" is ADAMA's flagship
that was established in the Tel Aviv University                                                                       community program in Israel. The project was
School of Chemistry, where students carry out the                                                                     initiated in 2013, following our vision to promote
program’s research and lab experiments. In 2021,                                                                     advanced agriculture by investing in learning
ADAMA awarded scholarships to 6 students from                                                                         infrastructures in the educational system.
a range of disciplines, such as chemistry, materials
engineering, and plant sciences, who earned their                                                                     Over the years we have invested over $500,000
advanced degrees with a specialization in delivery                                                                    in three educational farms in Ashdod (2013),
and formulation. This program provided students with                                                                  Beer Sheva (2014), and Lod (2020). Our
access to ADAMA’s state-of-the-art laboratories, in                                                                  investment focused on building state-of-the-
which they can conduct experiments and will receive                                                                   art infrastructures, which include scientific
practical training from our experienced researchers.                                                                  research greenhouses and digital classrooms,
                                                                                                                      and developing unique educational programs.
                                                                                                                      Thousands of school students visit the three
                                                                                                                      farms each week, experimenting with scientific
ADAMA Excellence Scholarships                                                                                         research under the supervision of the educational
                                                                                                                      staff at the farm, experts from the academic
Each year, ADAMA awards around 60 scholarships
                                                                                                                      world, and our People who volunteer there on a
to outstanding students in chemistry, chemical
                                                                                                                      regular basis. In 2021, we added new professional
engineering and agriculture studies, including 11
                                                                                                                      content to include aspects of precision
students studying at The ADAMA Center for Novel
                                                                                                                      agriculture, healthy nutrition, and more.
Delivery Systems in Crop Protection at Tel Aviv, 9
of whom were female researchers. In 2021, $140,000
overall was granted to these scholarships.
These scholarships are part of our commitment
to educate and support the future generation of
                                                                                                                                                   "Our partnership with ADAMA in the program 'Sowing Seeds of Science'
scientists, and strengthen our relationships with
                                                                                                                                                   enables us to encourage and nurture students and teachers in this critical
academic departments and their outstanding
                                                                                                                                                   period of climate change.”
graduates.
                                                                                                                                                   Tali Sabag
                                                                                                                                                   PhD Head of Agricultural farm in Beer Sheva, Israel
Promoting Agriculture,
Sciences & Sustainability
                                                                                                                      In 2020, we launched an in-depth evaluation and measurement process with an expert researcher in the field of
We understand the importance of educating youth                                                                       education. Over the past two years, we conducted dozens of in-depth interviews and sent questionnaires to over
about where our food comes from and the challenges                                                                    90% of the students studying at the farms. The the results are being analyzed, and changes and improvements
of growing crops. By rolling up their sleeves and                                                                     will be introduced in accordance with these insights and professional recommendations. The program benefits
digging their hands in the soil, we help children                                                                     from the full cooperation of its local partners, including the local authority, the Ministry of Education, and the
discover the world of agriculture, connect them to                                                                    farm's educational staff.
nature, and promote the values of sustainability.

ADAMA has initiated several programs over the
years, focusing on educational activities, scientific
experiments, and agricultural volunteering,
emphasizing the value of work, mutual responsibility, and love of the land. We know diversity drives creativity, so
these programs focus on reaching a variety of sectors within the vibrant and multicultural fabric of our society.




86 |                                                                                                                                                                                                     2021 ADAMA ESG Report| 87
Community Gardens
Through these activities we aim to empower and                                             "Thanks to ADAMA's significant support and partnerships, Ofanim's
strengthen underprivileged populations and promote                                         students in Kseife have seen the STEM content they learn in our mobile
awareness of environmental sustainability. Each year,                                      labs be implemented in the real world.”
more than 6,000 participants take part in 25 projects
across Israel.                                                                             Eli Dror
                                                                                           CEO of Ofanim




                                                            Evaluation & Measurement Processes
“ADAMA Ofanim”                                            For the past three years, ADAMA has led evaluation and measurement processes in our major educational and
                                                            social projects (investments of more than $30,000 per year) to understand and improve our social impact. The
This unique project within the Bedouin community in         processes are led by Dr. Liora Pascal, an expert on evaluation and measurement in the education system.
Israel connects our social activities with our D&I goals,
by involving our People from the Arab sector sharing        These evaluations are based on:
their personal experiences with the students. In the
next 3 years, we are planning to expand this program         Learning from people on the ground, research evaluation questions, development of assessment tools, data
to reach 75 additional participants each year.               gathering, and analysis of findings.
                                                             Metric definitions of the Israeli Ministry of Education’s Future-Oriented Pedagogy, and the OECD’s Learning
                                                             Compass.
                                                             Building our social partners' independent evaluation capacity, to deepen the long-term social impact of our
                                                             investments.

                                                            Projects evaluated: "Sowing Seeds of Science" (2020-2023), "Archimedes"
“The New Guard”                                           (2021), "Marie Curie" (beginning in 2022)
The Covid pandemic and other challenges, led to
labor shortages in the farming sector. Together, with
"The New Guard" a local NGO that assists farmers,
we formed a unique program to support farmers with
                                                                                           "Evaluation processes with long-term monitoring and measurement to
labor in 4 volunteering centers in Israel. The young
                                                                                           identify trends, contribute to refining the goals of the projects and the
volunteers gain experience in the world of agriculture.
                                                                                           expected results of the target populations. ADAMA’s explicit requests and
                                                                                           expectations, made this happen".

                                                                                           Liora Pascal
                                                                                           PhD




88 |                                                                                                                                          2021 ADAMA ESG Report| 89
Our People Engagement                                                                                            ADAMA INDIA
and Community Relations                                                                                          Saving Lives by Providing an Oxygen
                                                                                                                 Generation Plant to a Medical Health
                                                                                                                 Center
Employee engagement is a core value at ADAMA. We believe engagement creates a sense of fulfillment,              As India battled the second wave of COVID-19 in 2021,
motivation, and pride for employees.                                                                             the country faced a shortage of oxygen in hospitals.
                                                                                                                 ADAMA India provided access to oxygen care, testing,
Our volunteers are our ambassadors and main force for good. That is why we design a wide range of
                                                                                                                 and screening in several hospitals across the country.
volunteering opportunities to ensure things get done with energy and enthusiasm.
                                                                                                                 A core team executed the project, surveying the rural
ADAMA supports volunteering during working hours (subject to manager approval).                                  areas where oxygen supply was most limited. The
                                                                                                                 team met government officials, conducted research,
We are currently focusing on formulating tools for reliable data collection.                                     and identified the government hospitals in the country
                                                                                                                 where oxygen was most scarce and the death toll
                                                                                                                 highest. A budget to procure eight oxygen generation
                                                                                                                 plants and two oxygen storage tanks was approved. The Formulation Plant Engineering team had to procure the
ADAMA Brazil                                                                                                     equipment, which was a challenge seeing as this was in high demand across the country. However, the team
Insituto ADAMA - Brazil                                                                                          rose to the occasion and executed the project from procurement to installation at all sites within just 15 days.

Due to the COVID pandemic, ADAMA Brazil held their
activities on virtual platforms, introducing several
issues with a special pedagogic campaign called: The                                                             Our Continued Support
other side of the mirror: our uniqueness! This campaign                                                          of Asmita Vikas Kendra Center
aimed to contribute to the development of children so                                                            for Special Children
they can become responsible citizens.
                                                                                                                 Since 2019, ADAMA Formulation Plant in India has
Some of the topics discussed included:                                                                           collaborated with Asmita Vikas Kendra hospital by
1. Combating and preventing bullying                                                                             adopting a group of 10 children with special needs and
2. Non-abuse: breaking the silence                                                                               two teachers. We have taken care of their education,
3. Health and wellbeing                                                                                          residence, nutrition, clothes, medical treatment and
4. Citizenship: knowing, acting, and transforming                                                                other various needs.
The campaign was held both internally and externally:                                                            In 2021, our team renovated the children's classrooms
 Internally: Developing activities for our children                                                              in the hospital facility. The design was innovative and
 Externally: Activities on social media channels. In 2021, we reached 172,790 people and engaged 16,254          fun, and suitable for the needs of the children. The
 people through 504 posts (YouTube, Facebook, Instagram, LinkedIn, Spotify, Deezer, Google Podcast, and          classrooms were inaugurated in a dedicated ceremony along with the local dignitaries, where the community
 Radio Public). We also maintained virtual classes with WhatsApp groups, as that was the most democratic         expressed their appreciation for ADAMA's continuous support.
 way to include vulnerable children.
After creating a specific plan, we returned to assist the children in the last quarter of 2021.
It was a great experience that taught us how to proceed in our new post-pandemic reality.


Apprentice School Planning 2021
This program, which has been under development for the last 20 years, has undergone a significant shift due to
COVID-19. Students who joined in March 2020 did not have the opportunity to experience practical training due
to social restrictions.


Project: “APPRENTICED” – “Aprendizando”
The project aims to provide professional experiences and new learning opportunities to students in 2020/2021
at the Apprentice School. During lockdowns, the coordinator launched a social media development proposal to
support and improve the network of Instituto ADAMA.




90 |                                                                                                                                                                                               2021 ADAMA ESG Report| 91
                                                                                                                    ADAMA Colombia
                                                                                                                    Supporting the Children of Local Tomato Growers
                                                                                                                    ADAMA Colombia’s marketing team organized a
                                                                                                                    drawing contest for the children of local tomato
                                                                                                                    farmers to spark creativity, well-being, and fun using
                                                                                                                    colored pencils and a bit of imagination. Students who
                                                                                                                    participated received gifts such as piggy banks, games
                                                                                                                    and bicycles for those who go to remote schools.
                                                                                                                    Throughout the project, we delivered 600 kits of
                                                                                                                    colored pencils, piggy banks, games and more, while
                                                                                                                    26 children were given bicycles.

                                                                                                                    Our entire Colombian sales team was involved in the
                                                                                                                    campaign, with farming families encouraging the
                                                                                                                    children to participate. Our People even delivered the
                                                                                                                    prizes!

                                                                                                                    Children are an important part of the Colombian agricultural value chain. They learn all about their
                                                                                                                    community’s traditions from their parents and grandparents, while simultaneously being agents of change. By
                                                                                                                    promoting the welfare of children, we promote the welfare of their communities.




                                                                                                                                               Implement a global volunteering framework to ensure each ADAMA employee
                                                                                                                                               volunteers at least once a year by 2030
ADAMA Israel                                                                                                           Looking                  Short-term KPI: 50%-70% employee participation in volunteering activities
Participating in the Annual Charity Event "ALYN's Wheels of Love 2021”                                                ahead                    3-year plan: Build a community program in 10-15 of our biggest countries
                                                                                                                                                production sites
28 riders from ADAMA participated in the annual charity event "ALYN's Wheels of Love 2021" in the Ramon                                         New impact measurement and evaluation methodology
Crater in Israel.

ALYN Hospital is Israel’s only pediatric and adolescent rehabilitation facility, and treats children with a wide
range of congenital and acquired conditions.

This year ADAMA was represented by an excellent team, and a donation was transferred to the hospital on
behalf of each of them.                                                                                             Our Social Response to COVID-19
                                                                                                                    During the COVID-19 pandemic, ADAMA demonstrated its commitment to our neighboring communities by
                                                                                                                    supporting local initiatives and helping those in need.
Giving Back to the Community - Volunteer Event with ADAMA Israel and Their
Families
During the Jewish holiday of Hanukkah 2021 (and after almost two years apart), we went outside to volunteer
with our People’s children. Together, we harvested 2,000 Kg of kohlrabi, which was donated to 1,000
disadvantaged families in the city of Lod, and we also made a cash contribution to send parcels of fresh fruit
and vegetables to those in need.

The project is a collaboration of ADAMA with "Leket Israel" - the National Food Bank for the collection and         Our People in          Our People in Spain         Donating food parcels   ADAMA India           Families receiving
distribution of fresh produce to people in need in Israel.                                                          Argentina collected    donating weekly boxes       to people in need who   adopted 10 children   masks and protective
                                                                                                                    money for              with fresh fruit to local   lost their jobs in      with mental health    equipment in
                                                                                                                    populations in need    NGO’s                      South Africa            problems              Brazil




92 |                                                                                                                                                                                                        2021 ADAMA ESG Report| 93
                                                                                                               Education and Sport




                                                                                                      Virtual volunteering by      Support of sports
                                                                                                      ADAMA employees in           associations in Be’er
                                                                     Repair of dozens of the          a “Preparation for the      Sheva experiencing
                                                                                                      Job Market” course for      financial distress         Purchase of computers
                                                                     organization’s computers
                                                                                                      high school students                                    for school students
                                                                     for donation and distribution                                                                                        Purchase of
                                                                                                                                                              from disadvantaged
                                                                     to at-risk teens                                                                                                     ventilators for the
                                                                                                                                                              families in Be’er Sheva,
                                                                                                                                                                                          Corona ward and
                                                                                                                                                              Ashdod and the
                                                                                                                                                                                          support of the
                                                                                                                                                              Yavneh region
                                                                                                                                                                                          Corona ICU, gifts
                                                                                                                                                                                          for medical staff
Advancement of Disadvantaged
   Populations and Welfare




                               Contribution to the
                               purchase of hundreds                                                        ADAMA’s social
                               of food parcels for
                               the elderly and for                                                   engagement in Israel during




                                                                                                                                                                                                                                Health
                               vulnerable families                                                                                                                    Supply of           Purchase of
                                                                                                      the 2020 COVID-19 crisis                                        hypochlorite        life-saving
                                                                                                                                                                                          respiratory
                                                                                                                                                                      to disinfect all
                                                                                                                                                                      public spaces       devices for
                               Disbursement of grants                                                   1,352,000 NIS donated to                                      in the city         home use
                               to women and children
                               who are victims of                                                      the community, alongside
                               domestic violence in
                               Ashdod and Jerusalem                                                   employee volunteer hours and                                                        Support children in
                                                                                                       engagement with a variety                                                          the hospital, who
                                                                                                                                                                                          are considered an
                                                                                                          of social partnerships                                                          at-risk population
                               Distribution of
                               educational kits to
                               young families living in
                               the older neighborhoods                                                                                                                                    Support of
                               in Ashdod                                                                                                                                                  disabled children,
                                                                                                                                                                                          who are considered
                                                                                                                                                                                          an at-risk population
                                                          Purchase of products from         Sending agricultural produce        Joining dozens of leading companies
                                                          small businesses harmed           to hundreds of underprivileged      to support personal victims of the
                                                          by the crisis, for donation       families, and payment of a grant    Corona crisis through collection
                                                          to patients in hospitals in       to farmers who donated their        of donations from employees and
                                                          southern Israel                   produce and experienced distress    matching the amount from the
                                                                                            as a result of the crisis           company


                                                                                                         Support for Economic Victims
                                                                                                             of the COVID Crisis

  GRI Sustainability                                        Ensure inclusive and equitable quality
  Reporting Standards                                       education and promote lifelong
                                                            learning opportunities for all.
  GRI 103, GRI 102-12, GRI 413-1




94 |                                                                                                                                                                                                        2021 ADAMA ESG Report| 95
       Annex




       About the Report
       We present here our ESG report with regard to the result of the year 2021.

       This report was issued in accordance with the Global Reporting Initiative (GRI) SRS framework at the “Core”
       level for the period from 1 January 2021 to 31 December 2021.The detailed GRI content Index that provides an
       overview of all relevant information to fulfill the GRI indicators can be found in the Annex of this report. We also
       provide a description of how we contribute to the United Nations’ Sustainable Development Goals (SDGs).

       The disclosures and performance data in this report addresses our globally owned and managed facilities and
       assets for the fiscal year 2021.

       The report has been prepared with assistance from external ESG specialist consultants. We have conducted both
       internal and third party appropriate checks on the validity of the detailed data, and have reasonable confidence
       in all published figures and practices. However, as in any document, there may be generalizations, inaccuracies,
       errors or omissions. All Forward-Looking Information within this document is based on the company’s current
       estimates/intentions, but may not materialize due to various reasons.

       In any case of discrepancy between the information in this report and information appearing in the Company's
       financial statements to the public, the information in the Company's financial statements is more accurate.

       We wish to thank all the people and entities involve with the collection of the data.
       ADAMA will continue to the report on our sustainability performance as well as an ESG format, to provide
       clear and comparable data, and to actively encourage discussion about how we can make improvements.

       For any questions or comments, please contact:
       Michal Arlosoroff
       EVP, General Legal Counsel, Company Secretary,
       Chief Corporate Communication & Chief Sustainability Officer
       Michal.Arlosoroff@adama.com




96 |                                                                                        2021 ADAMA ESG Report| 97
Assurance                                                                                                                                             2018        2019       2020        2021
                                                                                                                                                                                                     Adittional
                                                                                                                                                                                                     Information

                                                                                                                Coal (TJ)                             0           6,735      3,753       3,210
Specific parts of this report has undergone an independent third-party assurance by KPMG Somekh Chaikin in
accordance with the International Standards on Assurance Engagements (ISAE) 3000 for performing Assurance       Natural Gas (TJ)                      675         556        753         1,125
Engagements other than Audits or Reviews of Historical Financial Information, issued by the International
Auditing and Assurance Standards Board (IAASB). This standard emphasizes the need for comprehensive             Fuel Oil (TJ)                         95          87         85          80
procedures for evidence gathering processes and assurer independence and outlines the steps to be followed
                                                                                                                Diesel (TJ)                           112         39         34          40
and conditions to be met by auditors who provide assurance on behavior, GRI, or other information.
                                                                                                                LPG (TJ)                              83          41         37          20
                                                                                                                                                                                                     Not including Hydeogen
                                                                                                                Other ossil fuels (TJ)                286         506        246         127         and Biomass (wood)

                                                                                                                Total Indirect Energy (TJ)            2,093       4,516      6,023       5,831

                                                                                                                External Electricity (TJ)             1,248       3,448      4,539       4,082

                                                                                                                External Steam (TJ)                   845         1,068      1,485       1,749
                                                                                                                                                                                                     Based on energy mix of
                                                                                                                Renewable Energy Used (TJ)            -           50         34          51          electricity supplier

                                                                                                                Greenhouse Gas Emission
                                                                                                                                                                                                     Includes Huifeng (2nd
                                                                                                                Scope 1+2 GHG emissions
                                                                                                                                                      242,249     1,429,852 1,273,618    1,210,860 semester), Lycored and
                                                                                                                (tonne CO2e)                                                                         Chilen production site

                                                                                                                GHG Intensity
                                                                                                                                                      68          358        309         252
                                                                                                                (tonne CO2e/ $million revenues)

GRI Index                                                                                                       Scope 1 emissions: On-site fuels
                                                                                                                (tonne CO2e)
                                                                                                                                                      93,702      688,557    421,172     413,466

                                                                                                                Scope 1 emissions: company vehicles   not      not                                   2021 less lockdowns due
                                                                                                                                                                        11,391           24,287
                                                                                                                (tonne CO2e)                          measured measured                              to the epidemic
ESG Performance Table
                                                                                                                Scope 2 emissions: Indirect energy
2018 data includes only ADAMA Solutions data. In 2021, the data boundary is expanded to also include two                                              148,547     741,295    852,446     797,393
                                                                                                                (tonne CO2e)
large sites in China - Sanonda and Anpon
                                                                                                                Scope 3 emissions: others indirect    not
                                                                                                                                                               3,048,317                             Not evaluated
                                                                                                                (tonne CO2e)                          measured
                                                                                       Adittional
                                           2018       2019       2020        2021
                                                                                       Information              Water
Energy                                                                                                                                                                                               Includes Huifeng (2nd
                                                                                                                Total Water Consumption (m3)          3,503,711   10,289,074 11,624,389 13,565,073 semester), Lycored and
                                                                                       Includes Huifeng (2nd                                                                                         Chilen production site
Total Energy Consumption (TJ)              3,344      12,480     10,966      10,516    semester), Lycored and
                                                                                       Chilen production site   Water Intensity
                                                                                                                                                      989         2,574      2,816       2,818
                                                                                                                (m3/ $million revenues)
Energy Intensity
                                           0.94       3.12       2.66        2.18
(TJ/ $million revenues)                                                                                         Total Wastewater discharged (m3)      1,837,594   6,434,057 9,398,207 9,511,529
Total Direct Energy (TJ)                   1,251      7,964      4,908       4,686                              Total Wastewater reclaimed ** (m3)    114,090     282,155    220,690     160,531




98 |                                                                                                                                                                                          2021 ADAMA ESG Report| 99
                                                                                  Adittional                                                                                                 Adittional
                                           2018     2019      2020      2021                                                                           2018    2019     2020     2021
                                                                                  Information                                                                                                Information

TOC in effluents (tonne)                   212      284       369       682                                Significant Environmental Incidents         5       3        4        4

COD in effluents (tonne)                   636      852       1,107     2046                               Health and Safety
TSS in effluents (tonne)                   94       235       254       234                                Recordable Injuries                         55      49       40       49
Herbicides discharged *** (tonne)          1.2      1.1       0.84      0.8                                Fatal Incidents                             0       0        1*

Air Emissions                                                                                              Injury Rate (IR)                            0.76    0.56     0.46     0.45

                                           not      not
                                                                                  Includes Huifeng (2nd    Total Days missed due to safety incidents   710     878      874      1,744
Particulate matter (tonne)                                   14         28        semester), Lycored and
                                           measured measured                      Chilen production site   Recordable Occupational Illness cases       0       0        0        0
NOx emissions (tonne)                      106      330       131       159                                Sites certified to ISO 45001 or
                                                                                                                                                                        56%      43%
                                                                                                           to an eqv. Standard (%)
SOx emissions (tonne)                      32       178       25        41

VOC emissions (tonne)                      72       82        89        81.3
                                                                                                           Quality Employment
                                                                                                           Total Employees                             7,675   7,759    7,505    9,162
Solid Wastes
                                                                                                           *Female                                             1,825    1,800    2,236
Total Hazardous Waste (tonne)              23,429   44,766    121,262   158,735
                                                                                                           *Men                                                5,934    5,705    6,926
Hazardous waste to landfill/incineration
                                           NA       40,827    40,649    49,464
(tonne)                                                                                                    Total full-time employees(FTEs)             7,635   7,719    7,562    9,145
Hazardous waste to recycling (tonne)       NA       3,939     80,613    109,271                            *Female                                             1,793    1,800    2,222
Total Non-Hazardous Waste (tonne)          8,214    108,804   79,256    78,061                             *Men                                                5,926    5,676    6,923
Non-Hazardous waste to                                                                                     Total part-time employees                   40      40       29       17
                                           NA       107,165   72,646    71,049
landfill/incineration (tonne)
                                                                                                           *Female                                             32       22       14
Non-Hazardous waste to recycling
                                           NA       1,639     6,611     7,013                              *Men                                                8        7        3
(tonne)

Environmental Management                                                                                   Unionized employees portion of
                                                                                                                                                       23%     21%      21%      16%
                                                                                                           workforce (%)
Expenditures on Environmental Protection
                                         12         9         19.2      41*       *Not include China       *Female                                                               3%
(Million USD)

Expenditures on Environmental Protection                                          *Investment in China
                                                                                                           *Men                                                                  13%
                                                                        19*
(Million USD)                                                                     only
                                                                                                           Employee Retention rate (%)                         89%      88%      87%
Investments on Environmental Protection                                                                    Employee Turnover rate (%)                  8.70%   12.20%   12.80%   13.70%
                                           48.6     48.2      50.6      54.5
(Million USD)
                                                                                                                                                                                             2020 - Due to
Sites certified to ISO 14001 or                                                                            New Hires- Employees                        742     944      749      2,617       reorganization and
                                           NA       NA        64%       57%       Huifeng and Colombia
to an eqv. Standard (%)                                                                                                                                                                      relocation in China

Environmental Compliance                                                                                   New Hires- Managers                         100     112      65       191

Environmental Fines (Million USD)          0        0.1       0         0.008




100 |                                                                                                                                                                                 2021 ADAMA ESG Report| 101
                                                               Adittional                                                                                          Adittional
                               2018    2019    2020    2021                                                                     2018    2019    2020    2021
                                                               Information                                                                                         Information

New hires by gender and age group                                                      R&D                                      238     264     243     250

Female <30                     _       _       _       97                              Sales & Registration                     1,716   1,835   1,739   1,939

Female 30-50                   _       _       _       525                             Management & Administration              568     485     469     500

Female >50                     _       _       _       67                              Other                                    1,932   2,141   2,237   2,602

Men <30                        _       _       _       257                             Total                                    7,675   7,759   7,505   9,162

Men 30-50                      _       _       _       1107                            Employee Age distribution
Men >50                        _       _       _       755                             Total employees senior managers          127     131     130     125

Total new hires <30            _       _       _       354                             Total employees middle managers          523     621     684     810

Total new hires 30-50          _       _       _       1632                            Total employees non-managers             7,004   6,986   6,672   8207
                                                               * Include new company   Top management                           21      21      19      20
Total new hires >50            _       _       _       822     ADAMA Huifeng &
                                                               ADAMA Dibai             Female Top Management                    2       2       2       2
End of Employment- Employees   595     866     1,101   1,014                           Female senior managers                   21      24      25      25
End of Employment- Managers    72      79      113     135                             Female middle managers                   140     161     176     212

Leavers by gender and age group                                                        Female non-managers                      1,588   1,638   1,597   1,997

Female <30                     _       _       _       24                              Men Top Management                       19      19      17      18

Female 30-50                   _       _       _       165                             Men senior managers                      106     107     105     100

Female >50                     _       _       _       68                              Men middle managers                      383     460     508     598

Men <30                        _       _       _       81                              Men non-managers                         5,416   5,348   5,075   6,210

Men 30-50                      _       _       _       478                             Total Top managers - under age 30        0       0       0       0

Men >50                        _       _       _       333                             Total Top managers - age 30-50           5       4       2       2

Total leavers <30              _       _       _       105                             Total Top managers age - age 50 and up   16      18      17      18

Total leavers 30-50            _       _       _       643                             Total senior managers - under age 30     0       0       0       0

Total leavers >50              _       _       _       401                             Total senior managers - age 30-50        54      55      49      43

Employees participating in                                                             Total senior managers age - age 50 and
                               93%     95%     96%     95%                                                                      73      76      80      81
performance review* (%)                                                                up

Open positions filled                                                                  Total middle managers - under age 30     8       7       4       4
                                       27%     25%     35%
by internal candidates (%)
                                                                                       Total middle managers - age 30-50        378     446     460     526
Employee Role distribution                                                             Total middle managers - age 50 and up    135     166     214     279
Manufacturing                  3,221   3,034   2,817   3,871
                                                                                       Total non-managers - under age 30        995     833     603     591




102 |                                                                                                                                                       2021 ADAMA ESG Report| 103
                                                                                  Adittional                                                                                Adittional
                                      2018     2019      2020       2021                                                                 2018    2019    2020    2021
                                                                                  Information                                                                               Information

Total non-managers age 30-50          4,554    4,540     4,447      5,172                       % of workforce participating
                                                                                                                                                                            *** Volunteering figures
                                                                                                                                         10%     10%     20%     19%        only currently available
                                                                                                in volunteering *** (%)
Total non-managers - age 50 and up    1,447    1,602     1,610      2,444                                                                                                   for ADAMA Israel

Total employees - under age 30        1,003    840       607        595                                                                                                     *** Volunteering figures
                                                                                                Hours of employee volunteering (hours)   1,400   1,120   1,300   2,777      only currently available
Total employees age 30-50             4,991    5,045     4,958      5,743                                                                                                   for ADAMA Israel

Total employees - age 50 and up       1,671    1,862     1,921      2,824                                                                                                   *** Volunteering figures
                                                                                                Hours of volunteering per employee
                                                                                                                                         10.6    8       9       11.5       only currently available
                                                                                                (hours per employee)                                                        for ADAMA Israel
Diversity and Gender Equality
                                                                    2222 (All =                 Board of Directors - ADAMA Ltd
Women FTEs                            1,719    1,793     1,800
                                                                    2,236)
                                                                                                Total number of directors                6       5       5       5
                                                                    6923 ( All
Men FTEs                              5,916    5,926     5,705                                  Number of Non-Executive Directors on
                                                                    = 6,926)                                                             4       4       4       4
                                                                                                Board
Non-Management Employees - Women      1,588    1,638     1,597      1,997
                                                                                                Number of External Directors             2       2       2       2
Middle Management Employees -
                                      140      161       176        212                         Number of Independent Directors          2       2       2       2
Women
                                                                                                Separate Chair and CEO                   Yes     Yes     Yes     Yes
Senior Management Employees - Women 21         24        25         25
                                                                                                Annual Election of Directors             6       0       3       5
Top Management - Women                2        2         2          2
                                                                                                Average Age of Directors                 56      57      58      59
Non-Management Employees - Men        5,416    5,348     5,075      6,210
                                                                                                Women directors                          0       0       0       0
Middle Management Employees - Men     383      460       508        598
                                                                                                Board meeting held                       11      9       10      10
Senior Management Employees - Men     106      107       105        100
                                                                                                Attendance rate -
Top Management - Men                  19       19        17         18                                                                   100%    100%    100%    100%
                                                                                                general board meetings (%)
Gender Salary Ratio- non-management
                                      79%      77%       76%        72%                         Audit Committee - meetings held          6       5       5       6
employees ** (%)
                                                                                                Audit Committee - attendance rate (%)    100%    100%    100%    100%
Gender Salary Ratio -
                                      103%     100%      97%        93%
middle management ** (%)                                                                        Nomination Committee - meetings held     2       -       5       1
Gender Salary Ratio -                                                                           Nomination Committee -
                                      110%     109%      105%       114%                                                                 100%    -       93%     100%
senior management ** (%)                                                                        attendance rate (%)
Gender Salary Ratio -                                                                           Compensation and Appraisal Committee
                                      113%     113%      109%       112%                                                             2           2       3       2
top management ** (%)                                                                           - meetings held

Community Engagement                                                                            Compensation and Appraisal Committee
                                                                                                                                     100%        100%    100%    100%
                                                                                                - attendance rate (%)
Community donations (USD)             1,866,000 1,920,000 2,738,000 2,599,000
                                                                                                Strategy Committee - meetings held       0       0       0       0
Donation per pre-tax profits (%)      0.90%    0.94%     2.70%      2.80%




104 |                                                                                                                                                                2021 ADAMA ESG Report| 105
                                                                    Adittional                                                                                                    Adittional
                                        2018   2019   2020   2021                                                                           2018    2019     2020      2021
                                                                    Information                                                                                                   Information

Board of Directors - ADAMA Solutions                                                             Remuneration Committee -
                                                                                                                                            78%     92%      92%       100%
                                                                                                 attendance rate (%)
Total number of directors               7      7      7      7
                                                                                                 Ethics
Number of Non-Executive Directors
                                        5      5      3      3
on Board                                                                                         % of Employees trained on code of ethics           80.00%   92%       87%

Number of External Directors            2      2      2      2                                   % of Employees trained on data privacy     -       63.40%   -

Number of Independent Directors         1      1      1      1                                   Commitment to avoid political donations Yes        Yes      Yes       Yes
                                                                    Aviram Lahav served                                                                                           20 cases were reported
                                                                    as the Company's CEO                                                                                          via SpeakUp and 3 in
                                                                    & CFO until September                                                                                         addition were reported
                                                                                                 Complaints reported to speakup hotline                      5         20
Separate Chair and CEO                  Yes    Yes    Yes    Yes    30, 2021, continuing                                                                                          directly to General
                                                                    to be employed by the                                                                                         Counsel or senior
                                                                    company till December                                                                                         managers/HR
                                                                    31, 2021
                                                                                                 % of complaints regarding suspect
                                                                    Please note that there is                                               -       40%      -         10%
                                                                                                 of bribery/corruption
                                                                    no regulatory nor other
                                                                    need within the AOA for      % of complaints regarding HR issues        -       20%      20%       20%
                                                                    an annual re-election
                                                                    of the board members,        % of complaints regarding Product
                                                                    whom are being                                                          -       20%      -         -
Annual Election of Directors            No     No     No     No                                  Compliance
                                                                    nominated by the sole
                                                                    shareholder. The external    % of complaints regarding Other Issues                      80%       70%
                                                                    directors preside for
                                                                    3-year terms (for a tenure
                                                                    no longer than nine-year     Economic Value Shared
                                                                    period)
                                                                                                 Payments to suppliers (Million USD)        2,851   3,006    3,150     3,410
Average Age of Directors                58     57     59     60
                                                                                                 Employee wages and benefits (Million
                                                                                                                                            479     495      522       560
Women directors                         1      1      1      1                                   USD)

Board meeting held                      7      7      7      7                                   Payments to governments (taxes)
                                                                                                                                            92      100      31.5      59
                                                                                                 (Million USD)
Attendance rate -
                                        89%    80%    84%    76%                                                                                                                  Includes payment of
general board meetings (%)                                                                       Payments to providers of capital
                                                                                                                                            114     144      9         12         interest on loans and
                                                                                                 (Million USD)                                                                    dividends to shareholders
Audit Committee - meetings held         11     8      13     10

Audit Committee - attendance rate (%)   93%    93%    92%    97%                                 Capital expenditure (Million USD)          196     207      214       402

Financial Statements Review Committee                                                            Community donations (Million USD)          1.87    1.92     2.8       2.6
                                        4      4      4      4
- meetings held
                                                                                                 Total Economic value shared (Million
                                                                                                                                            3,734   3,954    3,930.0   4,446
Financial Statements Review -                                                                    USD)
                                        92%    100%   83%    92%
attendance rate (%)

Remuneration Committee -
                                        3      4      8      5
meetings held




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