Stock Code: 000553(200553) Stock Abbreviation: ADAMA A(B) Announcement No.2025-15




                                     ADAMA Ltd.
         Announcement of Resolutions of the 4th Meeting
           of the 10th Session of the Board of Supervisors

      The Company and all members of its board of supervisors hereby confirm that all
      information disclosed herein is true, accurate and complete with no false or
      misleading statement or material omission.


    The 4th Meeting of the 10th Session of the Board of Supervisors of ADAMA Ltd.
    (hereinafter referred to as the “Company”) was held via an on-site and video conference
    meeting on March 12, 2025 following notifications sent to all the supervisors by email
    of March 6, 2025. Three supervisors were entitled to attend the meeting and three
    supervisors attended.

    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 2024 Working Report of the Board of Supervisors

    This proposal was passed with 3 affirmative votes, 0 negative votes and 0 abstentions.
    This proposal is subject to the approval of the Shareholders.

    In 2024, the Board of Supervisors of the Company (hereinafter referred to as “BOS”)
    strictly abided by the laws, regulations, Articles of Association of the Company, and Rules
    of Procedures of the BOS to perform the fiduciary and diligence duty, and gave a full play
    to its role.

    I. Meetings in the Reporting Period

    During the reporting period, there were five BOS meetings.

    1. The 12th meeting of the 9th session of the BOS on March 25, 2024 approved 2023 BOS


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Working Report, 2023 Annual Report and other four proposals.

2. The 13th meeting of the 9th session of the BOS on April 25, 2024 approved the Q1 2024
Report and the proposal on the nomination of non-employee supervisors.

3. The 1st meeting of the 10th session of the BOS on May 13, 2024 approved the proposal
on Election of the Chairman of the 10th Session of the Board of Supervisors.

4. The 2nd meeting of the 10th session of the BOS on August 27, 2024 approved the proposal
on the 2024 Semi-Annual Report and its Abstract.

5. The 3rd meeting of the 10th session of the BOS on October 30, 2024 approved Q3 2024
Report.

II. Supervisory Opinions of BOS

In 2024, through participating shareholders meetings and management discussions,
reviewing documents and listening to presentation by the senior management, the members
of the BOS discussed the major issues of the Company, and fully expressed their
independent opinions.

BOS of the Company has no disagreement on the matters of the Company in 2024.

2. Proposal on the 2024 Annual Report and its Abstract

After reviewing, the Board of Supervisors confirm that the preparing and reviewing
procedures of the 2024 Annual Report adopted by the Board of Directors are in line
with the requirements of the laws, the regulations, and the provisions of CSRC. The
contents of the 2024 Annual Report and its Abstract are true, accurate and complete
with no false or misleading statement or material omission.

This proposal was passed with 3 affirmative votes, 0 negative votes and 0 abstentions.

3. Proposal on the 2024 Financial Statements

This proposal was passed with 3 affirmative votes, 0 negative votes and 0 abstentions.

4. Proposal on the Pre-Plan of the 2024 Dividend Distribution

This proposal was passed with 3 affirmative votes, 0 negative votes and 0 abstentions.



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5. Proposal on the Self-Assessment Report on the 2024 Internal Control of the
   Company

The Board of Supervisors are of the opinion that the Company has established an
internal control system, which meets the requirements of relevant laws and regulations
and the actual needs of the Company’s production and operation management, and can
be effectively implemented, ensuring the normal development of the Company’s
business activities, and protecting the safety and integrity of the Company’s assets. The
Company’s Assessment Report on Internal Control meets the requirements of the Basic
Standards of Enterprise Internal Control. The report truly and objectively evaluates the
establishment and implementation of the Company’s internal control system.

This proposal was passed with 3 affirmative votes, 0 negative votes and 0 abstentions.

6. Proposal on the Change of Accounting Firm and the Engagement with an
   Audit Firm for the Audit of the Financial Statements and Internal Control of
   the Company for 2025

This proposal was passed with 3 affirmative votes, 0 negative votes and 0 abstentions.

It is hereby announced.



                                                 Board of Supervisors of ADAMA Ltd.

                                                                         March 14, 2025




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