Stock Code: 000553(200553) Stock Abbreviation: ADAMA A(B) Announcement No.2022-19



                                    ADAMA Ltd.
              Announcement of Resolutions of the 12th
     Meeting of the 9th Session of the Board of Directors

    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.


   The 12th Meeting of the 9th Session of the Board of Directors of ADAMA Ltd.
   (hereinafter referred to as the “Company”) was held via circulation of the resolution on
   April 27, 2022 following notifications sent to all the directors on April 19, 2022. Before
   the meeting, the Company’s 11th Meeting of the 9th Session of the Board of Directors
   discussed the relevant proposals by video conference. Five directors were entitled to
   participate in the circulation and five directors participated.

   The meeting complies with all relevant laws and regulations as well as the Articles of
   Association of the Company. The following resolutions were deliberated and adopted:

   1. Proposal on the Q1 2022 Report

   This proposal was passed with 5 affirmative votes, 0 negative votes and 0 abstentions.
   For details, please refer to the Q1 2022 Report disclosed on April 28, 2022.

   2. Proposal on the Management Measures for the Delegation of Certain Powers
      of the Board of Directors to the Chief Executive Officer of ADAMA Ltd.

   In order to deepen the reform of the State-Owned Enterprise and improve the efficiency
   of decision-making, the Board of Directors formulated the Management Measures for
   the Delegation of Certain Powers of the Board of Directors to the Chief Executive
   Officer of ADAMA Ltd. according to the Articles of Association, the Rules of Procedure
   of the Board of Directors of the Company, and other relevant laws, administrative
   regulations and normative documents and based on the Company’s management
   practice. For details, please refer to the Measures disclosed on the same day.
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This proposal was passed with 5 affirmative votes, 0 negative votes and 0 abstentions.

It is hereby announced.




                                                  Board of Directors of ADAMA Ltd.

                                                                       April 28, 2022




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