ADAMA Ltd. First Quarter Report 2024
Stock Code: 000553(200553) Stock Abbreviation: ADAMA A(B) Announcement No. 2024-18
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.
ADAMA LTD.
FIRST QUARTER REPORT 2024
ADAMALtd. (hereinafter referred to as “the Company”) is a global leader in crop protection,
providing solutions to farmers across the world to combat weeds, insects and disease.
ADAMA has one of the widest and most diverse portfolios of active ingredients in the world,
state-of-the art R&D, manufacturing and formulation facilities, together with a culture that
empowers our people in markets around the world to listen to farmers and ideate from the
field.This uniquely positionsADAMAto offer a vast array of distinctive mixtures, formulations
and high-quality differentiated products, delivering solutions that meet local farmer and
customer needs in over 100 countries globally.
Please see important additional information and further details included in the Annex.
April 2024

ADAMA Ltd. First Quarter Report 2024
Important Notice
The Company’s Board of Directors, Board of Supervisors, directors, supervisors and
senior managers confirm that the content of the Report is true, accurate and complete
and contains no false statements, misleading presentations or material omissions,
and assume joint and several legal liability arising therefrom.
Steve Hawkins, the person leading the Company (President and Chief Executive
Officer) as well as its legal representative, and Efrat Nagar, the person leading the
accounting function and the accounting body (Chief Financial Officer), hereby assert
and confirm the truthfulness, accuracy and completeness of the financial information
contained in the Report.
The First Quarter Report has not been audited.
This Report has been prepared in both Chinese and English. Should there be any
discrepancy between the two versions, the Chinese version shall prevail.

ADAMA Ltd. First Quarter Report 2024
I. Main Financial Data
1. Main accounting and financial results
Whether the Company performs any retroactive adjustments to, or restatements of, its accounting data
of last year
□ Yes √ No
January - March 2024 January - March 2023 YoY +/- (%)
Operating revenues (RMB’000) 7,508,899 8,610,576 -12.79%
Net profit attributable to shareholders of the (227,605) 83,273 -373.32%
Company (RMB’000)
Net profit attributable to shareholders of the
Company excluding non-recurring profit and loss (250,690) 44,893 -658.42%
(RMB’000)
Net cash flow from operating activities (735,162) (2,905,168) 74.69%
(RMB’000)
Basic EPS (RMB/share) (0.098) 0.036 -372.22%
Diluted EPS (RMB/share) NA NA NA
Weighted average return on net assets -1.04% 0.36% -1.40%
End of Reporting Period End of last year +/- (%)
Total assets (RMB’000) 54,702,737 55,405,803 -1.27%
Net assets attributable to shareholders 21,662,821 21,924,475 -1.19%
(RMB’000)
2. Non-Recurring profit/loss
√ Applicable □ Not applicable
Unit: RMB’000
Item January-March Note
2024
Gains/losses on the disposal of non-current assets (including the 1,159 -
write-off of asset impairment provisions accrued during the period)
Government grants recognized through profit or loss (excluding
government grants closely related to business of the Company 1,716 -
and given at a fixed quota or amount in accordance with
government’s uniform standard)
Reversal of provision for receivables and contract assets, that are 8,879 -
subject to specific provision
Post vesting cash share based payment revaluation 11,206
Other non-operating income and expenses other than the above 5,017 -
Other profit or loss that meets the definition of non-recurring profit - -
or loss
Less: Income tax effects