Abstract of 2020 Semi-Annual Report Stock Code: 000553(200553) Stock Abbreviations: ADAMA A(B) Announcement No.2020-47 Abstract of the 2020 Semi-Annual Report of ADAMA Ltd. I. Important Reminder This Semi-Annual Report Abstract is from the full text of the Semi-Annual Report. Investors are advised to read the full text of the Semi-Annual Report published on the media designated by China Securities Regulatory Commission for having a round understand of the Company’s performance, financial status and future development plan. All the directors attended the Board of Directors meeting to review the Semi-Annual Report. No disagreement was raised by the directors, supervisors, and senior managements. Non-standard auditor report □ Applicable √ Not applicable Plan approved by the Board of Directors for dividend distribution of ordinary shares or increasing the capital by the transfer of capital reserves. □Applicable √Not applicable For the Reporting Period, the Company does not plan to distribute cash dividends or bonus shares or convert capital reserve into share capital. Plan approved by the Board of Directors for dividend distribution of preferred shares □ Applicable √ Not applicable II. Basic information about the Company 1. Company profile Stock name ADAMA A(B) Stock code 000553(200553) Stock exchange Shenzhen Stock Exchange Investor Relations Contact Person Board Secretary Securities Affairs Representative Manager Name Li Zhongxi Liang Jiqin Wang Zhujun Address 6/F, No.7 Office Building, No.10 Courtyard, Chaoyang Park South Road, Chaoyang District, Beijing Tel. 010-56718110 010-56718110 010-56718110 E-mail irchina@adama.com irchina@adama.com irchina@adama.com 1 Abstract of 2020 Semi-Annual Report 2. Major accounting data and financial index Whether the Company performed any retroactive adjustments to or restatement of its accounting data □Yes √No Reason for retrospective adjustment or restatement: Business combination under common control. Reporting Period Same period of last year +/- (%) Operating revenues (RMB’000) 14,121,040 13,616,032 3.71% Net profit attributable to 204,649 588,638 -65.23% shareholders of the Company (RMB’000) Net profit attributable to shareholders of the Company 219,772 430,270 -48.92% excluding non-recurring profit and loss (RMB’000) Net cash flow from operating 1,234,531 -304,950 -504.83% activities (RMB’000) Basic EPS (RMB/share) 0.0836 0.2406 -65.25% Diluted EPS (RMB/share) 0 0 0.00% Weighted average return on net 0.91% 2.59% -1.68% assets End of Reporting End of last year +/- (%) Period Total assets (RMB’000) 49,096,179 45,288,940 8.41% Net assets attributable to shareholders of the Company 22,669,778 22,371,665 1.33% (RMB’000) 2 Abstract of 2020 Semi-Annual Report 3. Shares and shareholders 49,602 (the number of ordinary A share Total number of common Total number of preferred shareholders shareholders is 34,498; shareholders at the end of the that had resumed their voting right at 0 Reporting Period the number of B share shareholders is the end of the Reporting Period (if any) 15,104) Shareholding of common shareholders holding more than 5% shares or the top 10 shareholders Holding Number of Pledged or frozen shares Nature of Number of Name of shareholder percentage restricted shareholder shares held Status Number (%) shares held State-owned Syngenta Group Co., Ltd. 74.02% 1,810,883,039 1,810,883,039 - - legal person (note) Jingzhou Sanonda Holding State-owned 4.89% 119,687,202 - - - Co., Ltd. legal person China Cinda Asset State-owned 1.37% 33,557,046 - - - Management Co., Ltd. legal person China Structural Reform State-owned 1.37% 33,557,046 - - - Fund Co., Ltd. legal person Portfolio No.503 of National Others 0.94% 23,000,052 - - - Social Security Fund Overseas UBS AG 0.68% 16,634,350 - - - legal person CCB Principal-ICBC-Avic Trust, Trust Plan of Pooled Funds of CCB Principal Others 0.53% 12,885,906 - - - Private Placement Investment, Tianqi (2016) No. 293 of Avic Trust Caitong Fund Fuchun Chuangyi Private Placement Others 0.19% 4,697,986 - - - No.3 Asset Management Plan GUOTAI JUNAN Overseas SECURITIES(HONGKONG) 0.18% 4,319,872 - - - legal person LIMITED Qichun County State-owned State-owned 0.17% 4,169,266 - - - Assets Administration Syngenta Group Co., Ltd. and Jingzhou Sanonda Holdings Co., Ltd. are related parties, and are acting-in-concert parties as prescribed in the Explanation on associated relationship Administrative Methods for Acquisition of Listed Companies. Both of them are or/and persons controlled subsidiaries of CNAC. It is unknown whether the other shareholders are related parties or acting-in-concert parties as prescribed in the Administrative Methods for Acquisition of Listed Companies. Particular about shareholder participate in the securities lending and borrowing - business (if any) 3 Abstract of 2020 Semi-Annual Report In July 2017 the Company issued CNAC 1,810,883,039 common shares of the Company in consideration for 100% equity of Adama Solutions. According to the commitment made by CNAC, the said shares were restricted from public trading until August 2, 2020. On June 15, 2020, CNAC transferred the said shares to Syngenta Group free of charge. In addition, following the completion of the compensation commitments made in the context of the acquisition of Solutions, on July 13, 2020 the total shares of the Company reduced from 2,446,553,582 to 2,344,121,302, and the restricted shares reduced from 1,810,883,039 to 1,708,450,759. On August 3, 2020, restriction on the public trading of the above shares was lifted. For details, please refer to Announcement on the Release of Restricted Shares issued for the Major Assets Restructuring (announcement no.2020-38) published on the website www.cninfo.com.cn. 4. Change of the Controlling Shareholder or the Actual Controller Change of the controlling shareholder in the Reporting Period √Applicable □Not applicable New Direct Controlling Shareholder Syngenta Group Co., Ltd. - a wholly owned subsidiary of CNAC, the former direct controlling shareholder of the Company Date of the Change of Controlling Shareholder June 15, 2020 Disclosure Index Announcement on the Completion of the Registration of the Transfer of State-owned Shares held by the Controlling Shareholder (No. 2020-33) Disclosure Date June 17, 2020 Change of the actual controller in the Reporting Period □ Applicable √ Not applicable There was no change of the actual controller of the Company in the Reporting Period. 5. Preferred stock and the top 10 shareholders □ Applicable √ Not applicable None in the Reporting Period. 6.Corporate Bonds Whether the company has corporate bonds that have been publicly issued and listed on the stock exchange, and not yet due or due but failed to pay as of the date of the approval of this Semi-Annual Report by the Board of Directors. No. III. Performance Discussion and Analysis 1. Business Operation summary in the reporting period Whether the company needs to comply with the disclosure requirements of certain industry No During the first half of 2020, the global agrochemical market, amongst many others, was impacted by the unprecedented COVID-19 pandemic. As a result, farmers’ incomes have been, and continue to be, negatively impacted in most regions by lower crop prices, reduced demand due to the relative shutdown of the food sector, and labor shortages owing to mobility restrictions, all leading to increased costs for farmers. Governments across the world continue to include farmers in extensive support programs, partially offsetting lost income due to the pandemic. One of the most widespread economic consequences of the pandemic is the significant weakening of many global currencies against the US dollar, which started abruptly towards the end of Q1 and continued throughout the duration of Q2. This has been seen most notably in the Brazilian Real, Indian Rupee and Turkish Lira, and has contributed to increased volatility in the 4 Abstract of 2020 Semi-Annual Report Euro and Australian dollar. Following tight supply in the first quarter due to COVID-19 disruptions, chemical production in China has largely returned to prior levels and prices of raw materials and intermediates are starting to reflect such increase in supply. The Company expects to benefit from this trend in the upcoming quarters. The ongoing spread of the COVID-19 pandemic is expected to continue to impact the performance and profitability of the Company in the coming months. The Company continues to actively manage its response to the pandemic in order to ensure the safety of its employees and limit its impact on the Company’s business and financial performance. Despite these challenging conditions largely owing to COVID-19, the Company delivered a resilient performance in the second quarter driven by significant volume growth, mainly in emerging markets, supporting continued sales growth over the half-year period in constant exchange terms. Regarding the explanations on the changes in the financial data, please refer to Item “II Analysis of Main Business” of Section IV of the full content of the Semi-annual Report. 2. Matters regarding the financial report (1) Explanation of the changes of the accounting policy, the accounting estimates and the accounting methods compared to the last financial report □Applicable√ Not applicable No such cases in the reporting period. (2) Explain retrospective restatement due to correction of significant accounting errors in the reporting period □ Applicable √ Not applicable No such cases in the reporting period. (3) Explain change of the consolidation scope as compared with the financial reporting of last year □Applicable √Not applicable No such cases in the reporting period. ADAMA Ltd. Ignacio Dominguez (Legal Representative) August 19, 2020 5