Stock Code: 000553(200553) Stock Abbreviation: ADAMA A(B) Announcement No.2023-24




                                      ADAMA Ltd.
             Announcement of the Resolution of the 23rd
       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 23rd 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
     July 25, 2023 following notifications sent to all the directors by email on July 23, 2023.
     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 resolution was deliberated and adopted:

     1. Proposal on ADAMA’s 2022 Environmental, Social, and Governance (ESG)
        Report

     The Company is to publish its 2022 Environmental, Social, and Governance (ESG)
     Report, further embedding sustainability into its business activities. For details, please
     refer to ADAMA’s 2022 Environmental, Social, and Governance (ESG) Report
     disclosed on July 26, 2023.

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

     It is hereby announced.

                                                         Board of Directors of ADAMA Ltd.

                                                                                July 26, 2023


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