ADAMA Ltd.Announcement on the Change of the Senior Executive
The Company and all members of the Company’s Board of Directors confirm that allinformation disclosed herein is true, accurate and complete, with no false or misleadingstatement or material omission.
The Board of Directors of ADAMA Ltd. (hereinafter referred to as the “Board” and the“Company”) recently received notice from Mr. Steve Hawkins informing the Company of hisresignation as the President and CEO (legal representative of the Company) in light of hisappointment as President of Syngenta Crop Protection. Mr. Steve Hawkins’s resignation willcome into effect upon the appointment of the new President and CEO entering into effect onOctober 1, 2024. Following his resignation, Mr. Steve Hawkins will cease to hold any positionin the Company and its wholly-owned subsidiary, ADAMA Agricultural Solutions Ltd. As ofthe date of this announcement, Mr. Steve Hawkins does not hold any Company shares.The Board highly values and deeply appreciates the significant contribution Mr. SteveHawkins made to the Company during his tenure.The 4th
Meeting of the 10
th
Session of the Board held on July 16, 2024 approved the Proposalon Change of the Senior Executive of the Company. For details, please refer to theAnnouncement of Resolution of the 4
thMeeting of the 10th Session of the Board of Directors(Announcement No.2024-38) disclosed by the Company on http://www.cninfo.com.cn onJuly 18, 2024.According to the Company Law, Listing Rules of Shenzhen Stock Exchange, Guidelines ofShenzhen Stock Exchange on Self-discipline Supervision of Listed Companies No.1 -Standardized Operation of Main Board Listed Companies, the Company’s Articles ofAssociation and other relevant regulations, and after being reviewed by the NominationCommittee of the Board, the Board approved the appointment of Mr. Ga?l Ali Hili as thePresident and CEO of the Company also acting as legal representative of the Company andhis remuneration. The above appointment will be effective from October 1, 2024.Mr. Ga?l Ali Hili meets the relevant requirements for taking the above position. There is notany situation that prohibits Mr. Ga?l Ali Hili from being the senior executive of the Company.Mr. Ga?l Ali Hili has not been subject to any punishment imposed by the China Securities
Regulatory Commission and the Shenzhen Stock Exchange and is not a dishonest partysubject to enforcement. As for the profile of Mr. Ga?l Ali Hili, please refer to the appendix ofthis announcement.The Announcement is hereby made.
The Board of Directors of ADAMA Ltd.
July 18, 2024
Appendix - Profile of Mr. Ga?l Ali HiliMr. Ga?l Ali Hili, French, born in 1973. He holds a master’s degree in mechanical engineeringfrom Université de Technologie de Compiègne (France). Mr. Ga?l Ali Hili now serves as theHead of Europe Syngenta CP and Seeds FC and prior to that assumed several positions atSyngenta, including Regional Director EAME of Syngenta Seeds and Head of East Europe.Prior to Syngenta, Mr. Ga?l Ali Hili served as Corporate Marketing Director at Dow. Exceptfor the above-mentioned position in Syngenta (which he will resign prior to the effective dateof his appointment at ADAMA), Mr. Ga?l Ali Hili does not work in the shareholders holdingmore than 5% of the Company’s shares or the actual controller of the Company.As of the date of this Announcement, Mr. Ga?l Ali Hili does not directly or indirectly holdany of the Company’s shares. Except for the above-mentioned position in Syngenta (whichhe will resign prior to the effective date of his appointment at ADAMA), Mr. Ga?l Ali Hilihas no related-party relationship with any shareholders holding more than 5% of theCompany’s shares, the actual controllers, or other directors, supervisors and senior executivesof the Company.Mr. Ga?l Ali Hili has not been subject to any punishment imposed by the CSRC and the SZSEand does not fall under any of the circumstances stipulated in Article 3.2.2 of Guidelines ofShenzhen Stock Exchange on Self-discipline Supervision of Listed Companies No.1 -Standardized Operation of Main Board Listed Companies issued by the SZSE. Mr. Ga?l AliHili is not a judgement debtor subject to enforcement. Mr. Ga?l Ali Hili meets all thequalifications set under the applicable laws and regulations.