Stock Code: 000553(200553) Stock Abbreviation: ADAMA A(B) Announcement No.2020-11 ADAMA Ltd. Notice of the 1st Interim Shareholders Meeting in The Company and all members of its board of directors hereby confirm that all information disclosed herein is true, accurate and complete with no false or misleading statement or material omission. 2020 I. Basic Information of the Meeting 1. This is the 1st Interim Shareholders Meeting in 2020. 2. Convener: Board of Directors. The Company passed a proposal on calling for the 1st Interim Shareholders Meeting on the 22nd Meeting of the 8th Session of the Board of the Company on March 13, 2020. 3. The meeting is in line with the relevant laws, administrative regulations, regulatory documents and relevant provisions of the Articles of Association. 4. Nature of the meeting: shareholders can vote through on-site voting and online voting. For each share, either on-site voting or online voting can be used. If repeated voting by the same share occurs, the first voting result shall prevail. 5. Time of the Meeting: (1) On-site meeting: starts at 14:30 on March 30, 2020. (2) Online voting: March 30, 2020. The online voting via trading system of Shenzhen Stock Exchange will be from 9:30 a.m. to 11:30 a.m. and from 1:00 p.m. to 3:00 p.m. 1 on March 30, 2020; the online voting via online voting system of Shenzhen Stock Exchange will be any time from 9:15 a.m. to 3:00 p.m. on March 30, 2020. 6. Record day of the meeting: March 25, 2020 For B-share shareholders, they can vote only if they purchase the Company’s shares on March 20, 2020 or before. 7. Attendance: (1) All shareholders of the Company whose names appear on the registry of the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited on the closing of the trading market on the record day are entitled to attend the meeting. Shareholders may also appoint proxies in writing to attend and vote. The proxies can be non-shareholders. (2) Directors, supervisors and senior executives of the Company; (3) Attorney engaged by the Company; (4) Other invitees invited by the convenor. 8. Location: 6F A7 Building, No.10, Chaoyang Park South Road, Chaoyang, Beijing, China II. Proposal 1. Proposal on the Remuneration Plan for Non-independent Directors 2. Proposal on Providing Guarantees in Favor of a Wholly-owned Subsidiary The above proposals were passed by the 21st meeting of the 8th session of the Board of Directors. The details are set out in the announcement disclosed by the Company on http://www.cninfo.com.cn on February 27, 2020. The voting of Mid-small shareholders shall be counted separately and disclosed. III. Proposal Code Table 1: coding list of the shareholders’ meeting proposals 2 Note NO. Proposals The proposal with a “√” in this column can be voted Non-cumulative Voting Proposals Proposal on the Remuneration Plan for 1.00 √ Non-independent Directors Proposal on Providing Guarantees in 2.00 √ Favor of a Wholly-owned Subsidiary IV. Registration of the on-site Meeting 1. Way of Registration: (1) for individual shareholders attending the meeting, personal ID card and shareholding certificates are needed; while attending the meeting by proxy, the attendant must hold the ID copy of the client, power of attorney, shareholding certificate along with ID of the proxy; (2) for legal representatives of legal person shareholders attending the meeting, the copy of business license, certificate of identity of the legal representative and shareholding certificates are necessary; while attending the meeting by proxy, the attendant must hold the copy of the business license, certificate of identity of the legal representative, power of attorney, shareholding certificates along with ID of the proxy; (3) shareholders from other locations can register via mail or fax before 16:30 on March 27, 2020. Please confirm by telephone after sending the mail or fax. Registration through telephone is not accepted. 2. Date: 9:30-16:30 (during the working days), from March 26 to March 27, 2020. 3. Place: Office of the Listco, 6/F, No.7 Office Building, No.10 Courtyard, Chaoyang Park South Road, Chaoyang District, Beijing, China. 4. Contact: 3 Contact Person: Wang Zhujun, Guo Zhi Telephone: (010) 56718110 Fax: (010)59246173 Address: 6/F, No.7 Office Building, No.10 Courtyard, Chaoyang Park South Road, Chaoyang District, Beijing, China. Post code: 100026 5. The on-site meeting will last for half a day, the transportation and boarding expenses for attendance shall be borne by the participants themselves V. Operation Process of Online Voting: In the shareholders’ meeting, shareholders can participate in voting through the trading system and online voting system (http://wltp.cninfo.com.cn) of Shenzhen Stock Exchange. For more details, please refer to the attachment 1. VI. Documents available for reference 1. Resolutions of the 21st and 22nd Meetings of the 8th Session of the Board of the Directors. 2.Other documents required by Shenzhen Stock Exchange. Board of Directors of ADAMA Ltd. March 14, 2020 4 Attachment 1 The Operation Process of Online Voting I. Online voting procedure 1. Voting code and abbreviation: Voting code “360553”; abbreviation “ADAMA voting” 2. Vote For non-cumulative voting proposals, shareholders shall vote among: For, Against, and Waive. II. Vote via Shenzhen Stock Exchange Trading Program 1. Voting time: 9:30-11:30 and 13:00-15:00 on March 30, 2020. 2. Shareholders can enter into the trading system to vote. III. Vote via Shenzhen Stock Exchange Online Voting System 1. The online voting via online voting system of Shenzhen Stock Exchange will be any time from 9:15 a.m. to 3:00 p.m. on March 30, 2020. 2. Shareholders voting through online voting system shall obtain Shenzhen Digital Certificate or Shenzhen Investor Service Password in accordance with the Guidelines of Shenzhen Stock Exchange Investor Network Identity Authentication Service Business (April 2016) to provide of identity authentication. For detailed authentication process, please log into the online voting system http://wltp.cninfo.com.cn. 3. Shareholders can log into http://wltp.cninfo.com.cn with the Shenzhen Digital Certificate or Shenzhen Investor Service to vote within the time period required by the Shenzhen Stock Exchange online voting system. 5 Attachment 2 Power of attorney I hereby authorize Mr./Ms._________ to attend and vote in the 1st Interim Shareholders Meeting of ADAMA Ltd. on March 30, 2020. The voting opinion is as followed: Note Voting Opinions NO. Proposals For Against Waived Non-cumulative Voting Proposals Proposal on the Remuneration 1.00 Plan for Non-independent √ Directors Proposal on Providing 2.00 Guarantees in Favor of a √ Wholly-owned Subsidiary (Note:For non-cumulative voting, Choose “√” if you vote for the resolution , “×” if you vote against the resolution, “〇” if you waive; For cumulative voting, please fill in the number of the votes for the candidates.) Consignor: ID card or business license number: Shareholding account: Type and amount of shareholding: Consignee: ID card number: Delegation date: This power of attorney shall come into effect from the date of issuance and shall invalid while the above mentioned Meeting ends. 6