Stock Code: 000553(200553)     Stock Abbreviation: ADAMA A(B) Announcement No.2022-24




                                      ADAMA Ltd.
             Announcement of the Resolutions of the 14th
        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 14th 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
     August 29, 2022 following notifications sent to all the directors by email on August 16,
     2022. Before the meeting , the Company’s 13th 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 2022 Semi-Annual Report and its Abstract

     This proposal was passed with 5 affirmative votes, 0 negative votes and 0 abstentions.

     2. Proposal on the Risk Appraisal Report of Sinochem Finance Co., Ltd.

     For the purpose of securing the funds of the Company deposited with Sinochem Finance
     Co., Ltd., the Company evaluated the business, qualification, and the status of the risk
     of Sinochem Finance Co., Ltd., and issued a Risk Appraisal Report.

     This proposal was passed with 5 affirmative votes, 0 negative votes and 0 abstentions.

     3. Proposal on ADAMA’s 2021 Environmental, Social, and Governance (ESG)
         Report
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Based on the Company’s specific situation, the Company issues 2021 Environmental,
Social, and Governance (ESG) Report. For details, please refer to ADAMA’s 2021
Environmental, Social, and Governance (ESG) Report disclosed on August 30, 2022.

This proposal was passed with 5 affirmative votes, 0 negative votes and 0 abstentions.



It is hereby announced.

                                                  Board of Directors of ADAMA Ltd.

                                                                      August 30, 2022




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