ADAMA Ltd.

   Pre-approval of the Independent Directors on the
 Relevant Matters of the 7th Meeting of the 9th Session
                       of the Board of Directors



In accordance with the Company Law of the People’s Republic of China, Guidance on
Establishing the Independent Director System in Listed Companies, and other laws,
regulations and normative documents, as well as the Articles of Association and
Independent Director System, we, as the independent directors of ADAMA Ltd.
(hereinafter referred to as “Company”), had a prior review on the relevant matter of
the 7th meeting of the 9th session of the Board of Directors. We give our opinions from
the standpoint of independent judgment:


1. The arrangement of the planned signing of Entrusted Operation and Management
    Agreement regarding Anhui Petroleum & Chemical Group Co., Ltd between the
    Company and China National Agrochemical Co., Ltd. (hereinafter as “CNAC”) is
    in the interest of solving the potential horizontal competition and reasonable.


    Including the price, the whole transaction arrangement is fair. The transaction will
    not harm the interests of the Company, the non-related shareholders, and the
    medium-small shareholders


2. We pre-approve the signing of the Entrusted Operation and Management
    Agreement regarding Anhui Petroleum & Chemical Group Co., Ltd with CNAC
    and agree to submit it to the Board of Directors. The related directors, Mr. Erik
    Fyrwald and Mr. Chen Lichtenstein shall refrain from voting.
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(The signature page of Pre-approval of the Independent Directors on the Relevant
Matters of the 7th Meeting of the 9th Session of the Board of Directors)




Independent Director Signature:




__________________                              ___________________

    Ge Ming                                            Xi Zhen




                                                            December 29, 2021




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