ADAMA Ltd.Special Report on Summary Statement of Non-operating Fund
Occupation and Other Related Fund Transactions
For the year ended December 31 2025Note: The Special Report on Summary Statement of Non-operating Fund Occupation and Other Related
Fund Transactions for the year ended December 31 2025 will be issued in Chinese. This special report is
English translation prepared for the Company's management review purpose only and cannot be provided
to third parties for other purpose. If there is any conflict between the Chinese and English version the
Chinese version shall prevail.Special Report on Summary Statement of Non-operating Fund Occupation
and Other Related Fund Transactions
For the year ended December 31 2025 of
ADAMA Ltd.KPMG Huazhen Zhuan Zi No. 2601670
To the Board of Directors of ADAMA Ltd.:
We are engaged to audit the financial statements of ADAMA Ltd. (hereinafter referred to as
"ADAMA") which comprise consolidated and the Company's balance sheets as at 31 December 2025
and consolidated and the Company's income statements consolidated and the Company's statements
of changes in shareholders' equity and consolidated and the Company's cash flow statements and
notes to the relevant financial statements for the year then ended and have issued the auditor's report
with unqualified opinion on March 26 2026.ADAMA has prepared the accompanying Summary Statement of Non-operating Fund
Occupation and Other Related Fund Transactions for the year ended December 31 2025 (hereinafter
referred to as the "Summary Statement") in accordance with the Guidelines No. 8 on Supervision of
Listed Companies – Regulatory Requirements for Funds Transactions and External Guarantees of
Listed Companies (CSRC Announcement [2022] No. 26) jointly issued by the China Securities
Regulatory Commission the Ministry of Public Security of the People’s Republic of China the State-
owned Assets Supervision and Administration Commission of the State Council and the National
Financial Regulatory Administration and the Self-Regulatory Guidelines for Listed Companies of the
Shenzhen Stock Exchange No. 1 – Business Handling.The preparation and disclosure of the Summary Statement as well as ensuring its authenticity
legality and completeness are the responsibility of the management of ADAMA. On a sampling
basis we compared the amounts of the items set out in the Summary Statement with the relevant
information in the accounting records provided by ADAMA and the audited financial statements and
found no inconsistencies in all material respects.In order to better understand ADAMA’s use of funds for non-operating purpose and other
related fund transactions in 2025 the Summary Statement should be read in conjunction with the
audited financial statements.This report is solely for use by ADAMA for the purpose of its disclosure of 2025 annual report
and may not be used for any other purpose without the prior written consent of our firm.KPMG Huazhen CPA LLP Chinese Certified Public Accountant
Beijing China Wang Jia
Chinese Certified Public Accountant
Wang Shan
March 26 2026
- 1 -ADAMA Ltd.Summary Statement of Non-operating Fund Occupation and Other Related Fund Transactions
for the Year of 2025 of ADAMA Ltd.Unit: RMB’000
Addition Interest arising
Non-operating fund Opening Closing
occupation and Relation between
amount in 2025 from the principle Nature of the
Name of Related Party Related Party and the Name of
Balance of (exclude interest balance of amount The repayment Balance of Reason of the fund
corresponding balances Amount DueListed Company Account from related arising from the due from related
amount in Amount Due fund occupation occupation/trans
due from related parties party principle parties in 2025
2025 from related /transactions actions
balance) (If applicable) party
Controlling Shareholder
Ultimate Controller and its - - - - - - - - - -
affiliated entities
sub-total - - - - - - - - - -
Former Controlling
Shareholder Ultimate
Controller and its - - - - - - - - - -
affiliated entities
sub-total - - - - - - - - - -
Other related parties and - - - - - - - - - -
its affiliated entities
sub-total - - - - - - - - - -
Total - - - - - - - - - -
- 2 -ADAMA Ltd.Summary Statement of Non-operating Fund Occupation and Other Related Fund Transactions
for the Year of 2025 of ADAMA Ltd. – (cont’d)
Unit: RMB’000
Other fund Opening Addition amount in Interest arising from
transactions and Relation between Related Party Name of Balance of 2025 (exclude the principle balance Closing Balance of
Nature of the
corresponding Name of Related Party and the Listed Company Account Amount Due interest arising of amount due from
The repayment Reason of the fund fund
balances due from from related from the principle related parties in 2025 amount in 2025
Amount Due from
related party occupation /transactions occupation/tr
related parties party balance) (If applicable) ansactions
Sinochem Finance Corporation Under the common control of the Cash at bankultimate controlling party and on hand 627434 373248 6727 94540 912869 Deposit Operational
Syngenta AG and its subsidiaries Under the common control of the Accounts Sale of goods/ Serviceultimate controlling party receivables 235969 899348 - 924105 211212 rendered Operational
Bluestar Engineering Co. Ltd. Under the common control of the Prepayment for goodsultimate controlling party Prepayments - 75 - - 75 and services Operational
Bluestar (Beijing) Chemical Machinery Under the common control of the Accounts
Co. Ltd. ultimate controlling party receivables - 188 - 188 -
Sale of goods/ Service
rendered Operational
Bluestar (Beijing) Chemical Machinery Under the common control of the Prepayment for goods
Co. Ltd. ultimate controlling party Prepayments - 9 - - 9 and services Operational
Jiangsu Huaihe Chemical Co.Ltd. Under the common control of the Accounts Sale of goods/ Serviceultimate controlling party receivables 3048 91538 - 91245 3341 rendered Operational
Controlling Zhonglan International Chemical Co. Ltd
Under the common control of the Prepayment for goods
ultimate controlling party Prepayments 612 4515 - 5127 - and services Operational
Shareholder
Sinofert Under the common control of the Accounts Sale of goods/ ServiceUltimate Controller ultimate controlling party receivables 1641 62122 - 63763 - rendered Operational
and its affiliated Shenyang Shenhua Institute Testing Under the common control of the Prepayment for goods
entities Technology Co. Ltd. ultimate controlling party
Prepayments 4 28 - 32 - and services Operational
MAP (Sinochem Agriculture Holdings Under the common control of the Accounts - 31980 - 31573 407 Sale of goods/ ServiceLtd) ultimate controlling party receivables rendered Operational
Liaocheng Luxi Polyol New Material Under the common control of the Prepayment for goods
Technology Co. Ltd. ultimate controlling party Prepayments - 48632 - 47613 1019 and services Operational
Sinochem Hebei Co. Ltd. Under the common control of the Prepayments - 1572 - 1046 526 Prepayment for goodsultimate controlling party and services Operational
Ningxia Ruitai Technology Co. Ltd. Under the common control of the
ultimate controlling party Prepayments 1 241 - 242 -
Prepayment for goods
and services Operational
Beijing Guangyuan Yinong Chemical Co. Under the common control of the Accounts - 410 - 410 - Sale of goods/ ServiceLTD ultimate controlling party receivables rendered Operational
Jiangsu Yangnong Chemical Co. LTD . Under the common control of the Accounts Sale of goods/ Service
and its subsidiaries ultimate controlling party receivables 2435 31630 - 34065 - rendered Operational
Sub-total 871144 1545536 6727 1293949 1129458
- 3 -ADAMA Ltd.Summary Statement of Non-operating Fund Occupation and Other Related Fund Transactions
for the Year of 2025 of ADAMA Ltd. – (cont’d)
Unit: RMB’000
ADAMA (Beijing) Agricultural
Solutions Ltd. Subsidiaries of the Company
Accounts Sale of goods/ Service
receivables 3996 28106 - 31068 1034 rendered Operational
ADAMA CELSIUS B V Subsidiaries of the Company Accounts 1097571 1120022 - 655959 1561634 Sale of goods/ ServiceCURACAO BRANCH receivables rendered Operational
Jiangsu Anpon International Accounts Sale of goods/ Service
Trading Co.Ltd. Subsidiaries of the Company receivables 707 26 - - 733 rendered Operational
ADAMA ANDINA B V Accounts Sale of goods/ Service
Subsidiaries of the Company SUCURSAL COLOMBIA
Subsidiaries of the Company receivables - 11 - 11 - rendered Operational
and their affiliates ADAMA MAKHTESHIM LTD Subsidiaries of the Company Accountsreceivables - 6 - 6 -
Sale of goods/ Service
rendered Operational
ADAMA Anpon (Jiangsu) Ltd. Subsidiaries of the Company Other receivables 24393 - - 284 24109 Collection and paymentof service fees Operational
Non-current
assets due within
ADAMA Anpon (Jiangsu) Ltd. Subsidiaries of the Company one year & Other 70000 50000 1565 71565 50000 Borrowings to Non-
non-current subsidiaries Operational
assets
Jiangsu Huifeng Agrochemical Minority shareholder and its Accounts Sale of goods/ Service
Co. Ltd. and its subsidiaries subsidiaries receivables 8163 29449 - 32411 5201 rendered Operational
Other related parties and its Jiangsu Huifeng Agrochemical Minority shareholder and its
affiliated entities Co. Ltd. and its subsidiaries subsidiaries Prepayments 547 19069 - 19616 -
Prepayment for goods
and services Operational
Innovaroma SA Joint ventures Accounts 13198 106116 - 104251 15063 Sale of goods/ Servicereceivables rendered Operational
Total 2089719 2898341 8292 2209120 2787232
This Statement has been signed by the followings on 26 March 2026:
Legal representative Chief of accounting work Chief of accounting organ



