rd
Meeting of the 10
thSession of the Board of Directors
The 3
rd
Meeting of the 10
thSession of the Board of Directors of ADAMA Ltd.(hereinafter referred to as the “Company”) was held via circulation of the resolution onJune 12, 2024 following notifications sent to all the directors on June 7, 2024. Fivedirectors 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 ofAssociation of the Company. The following resolutions were deliberated and adopted:
1. Proposal on the Purchase of Liability Insurance for Directors, Supervisors andSenior Executives and the Related-party TransactionIn order to further benefit from the Syngenta Group synergies and to obtain preferableinsurance terms, the Company is contemplating purchasing a Directors and Officersliability insurance policy by way of adding the Company to the Directors and Officersliability insurance policy of Syngenta Group Co., Ltd., which shall provide sharedcoverage. This transaction constitutes a related-party transaction.For details, please refer to the Announcement on the Purchase of Liability Insurancefor Directors, Supervisors and Senior Executives and the Related-party Transactiondisclosed on the same day.
The Company and all members of its board of directors hereby confirm that allinformation disclosed herein is true, accurate and complete with no false ormisleading statement or material omission.Stock Code: 000553(200553) Stock Abbreviation: ADAMA A(B) Announcement No.2024-33
All directors refrained from the vote. This proposal is submitted directly to theShareholders for approval.The Company’s Specialized Meeting of Independent Directors approved this proposaland agreed to summit it to the Shareholders for approval.
2. Proposal on Calling for the 2nd Interim Shareholders Meeting in 2024The Board of Directors calls for the 2nd interim shareholders meeting to be held onJune 28, 2024, at which a vote will be conducted by a combination of on-site votes andonline votes, to consider the abovementioned proposal 1.This proposal was passed with 5 affirmative votes, 0 negative votes, and 0 abstentions.It is hereby announced.
Board of Directors of ADAMA Ltd.
June 13, 2024