安道麦B：控股股东、实际控制人及其他关联方资金占用情况的专项说明(英文版)

ADAMA Ltd.

Special Report on Amounts due from theControlling Shareholder, Ultimate Controller and Other RelatedParties

For the year ended December 31, 2023

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Note: The Special Report on Amounts due from the Controlling Shareholder, Ultimate Controller and OtherRelated Parties will be issued in Chinese. This special explanation is English translation prepared for theCompany's management review purpose only and cannot be provided to third parties for other purpose. Ifthere is any conflict between the Chinese and English version, the Chinese version shall prevail.

Special Report on Amounts due from the Controlling Shareholder,

Ultimate Controller and Other Related PartiesFor the year ended December 31, 2023 of

ADAMA Ltd.

De Shi Bao (Han) Zi (24) No.Q00753

To the Board of Directors of ADAMA Ltd.:

We are entrusted 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 2023,and consolidated and the Company's income statements, consolidated and the Company's statements ofchanges in shareholders' equity and consolidated and the Company's cash flow statements for the yearthen ended (hereinafter referred to as the Company's financial statements for the year of 2023, and haveissued the auditor's report with unqualified opinion (De Shi Bao (Shen) Zi (24) No. P02683) on March25, 2024.

ADAMA has prepared the accompanying summary statement of amounts due from the controllingshareholder, Ultimate Controller and other related parties for the year of 2023 (hereinafter referred toas the "summary statement") in accordance with the Guidelines for the Supervision of ListedCompanies No. 8 - Regulatory Requirements for Capital Transactions and External Guarantees ofListed Companies issued by the China Securities Regulatory Commission, the Ministry of PublicSecurity, the State-owned Assets Supervision and Administration Commission of the State Council andthe China Banking and Insurance Regulatory Commission.

The management of ADAMA is responsible for the faithful preparation and disclosure of the summarystatement that give a true, legal and complete view. We have compared the summary statement and theaccounting information reviewed by us in the audit of ADAMA's financial statements for the year of2023 along with the audited financial statements, and found that no discrepancies, in all material aspects,were identified. We have not performed additional audit procedures against the information stated inthe summary statement except those relevant to the related party transactions in the audit of ADAMA'sfinancial statements for the year of 2023 in accordance with China Standards on Auditing.

The accompanying summary statement shall be read with the audited financial statements as a wholefor a better understanding of ADAMA's amount due form the controlling shareholders and other relatedparties for the year of 2023.

The explanation is used for the presentation of amount due from the controlling shareholders and otherrelated parties for the year of 2023 to the securities regulator only, and for no other purpose.

Deloitte Touche Tohmatsu CPA LLP Chinese Certified Public AccountantShanghai, China Ji Yuting

Chinese Certified Public AccountantZhao Jingyuan

March 25, 2024

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Summary Statement of Amounts due from the Controlling Shareholder, Ultimate Controller and Other Related Parties

for the Year of 2023 of ADAMA Ltd.

Unit: RMB’000

Non-operating fund flows/transaction and corresponding balances due from related parties	Name of Related Party	Relation between Related Party and the Listed Company	Name of Account	Opening Balance of Amount Due from related party	Addition amount in 2023 (exclude interest arising from the principle balance)	Interest arising from the principle balance of amount due from related parties in 2023 (If applicable)	The repayment amount in 2023	Closing Balance of Amount Due from related party	Reason of fund flows /transactions	Nature of the fund flows /transaction
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	-	-	-	-	-	-	-	-	-	-

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Summary Statement of Amounts due from the Controlling Shareholder, Ultimate Controller and Other Related Parties

for the Year of 2023 of ADAMA Ltd. – (cont’d)

Unit: RMB’000

Other fund flows/transaction and corresponding balances due from related parties	Name of Related Party	Relation between Related Party and the Listed Company	Name of Account	Opening Balance of Amount Due from related party	Addition amount in 2023 (exclude interest arising from the principle balance)	Interest arising from the principle balance of amount due from related parties in 2023 (If applicable)	The repayment amount in 2023 and currency translation adjustments	Closing Balance of Amount Due from related party	Reason of fund flows /transactions	Nature of the fund flows /transaction
	Sinochem Finance Corporation	Legal person controlled by controlling shareholder	Cash at bank and on hand	417,661	712,667	4,287	568,991	565,624	Deposit	Operational
	Syngenta AG and its subsidiaries	Legal person controlled by controlling shareholder	Accounts receivables	352,315	1,294,614	-	1,498,774	148,155	Sale of goods/ Service rendered	Operational
	Syngenta AG and its subsidiaries	Legal person controlled by controlling shareholder	Prepayments	13,663	1,234,179	-	1,247,692	150	Prepayment for goods and services	Operational
	Syngenta AG and its subsidiaries	Legal person controlled by controlling shareholder	Other receivables	17	-	-	17	-	Sale of goods/ Service rendered	Operational
	Jiangsu Huaihe Chemical Co., Ltd.	Legal person controlled by controlling shareholder	Prepayments	19,170	205,890	-	225,060	-	Prepayment for goods and services	Operational
	Jiangsu Huaihe Chemical Co., Ltd.	Legal person controlled by controlling shareholder	Accounts receivables	-	239,530	-	239,530	-	Sale of goods/ Service rendered	Operational
	Zhonglan Lianhai Design Institute Co., Ltd.	Legal person controlled by controlling shareholder	Prepayments	239	811	-	1,050	-	Purchase of fixed assets and other assets	Operational
	Zhonglan International Chemical Co. Ltd	Legal person controlled by controlling shareholder	Prepayments	537	93,400	-	93,440	497	Prepayment for goods and services	Operational
	Sinofert	Legal person controlled by controlling shareholder	Accounts receivables	304	135,456	-	135,760	-	Sale of goods/ Service rendered	Operational
	Shenyang Shenhua Institute Testing Technology Co., Ltd.	Legal person controlled by controlling shareholder	Prepayments	-	1	-	-	1	Prepayment for goods and services	Operational
	Henan Junhua Development Co. Ltd.	Legal person controlled by controlling shareholder	Accounts receivables	-	47	-	47	-	Sale of goods/ Service rendered	Operational
	MAP (Sinochem Agriculture Holdings Ltd)	Legal person controlled by controlling shareholder	Accounts receivables	-	11,838	-	11,838	-	Sale of goods/ Service rendered	Operational
	Jiangsu Ruixiang Chemical Co., LTD .	Legal person controlled by controlling shareholder	Prepayments	4	-	-	-	4	Prepayment for goods and services	Operational
	Shandong Dacheng Agrochemical Company Limited	Legal person controlled by controlling shareholder	Prepayments	-	340	-	-	340	Prepayment for goods and services	Operational
	Liaocheng Luxi Polyol New Material Technology Co. Ltd.	Legal person controlled by controlling shareholder	Prepayments	-	895	-	-	895	Prepayment for goods and services	Operational
	Liaocheng Luxi Methylamine Chemical Co. Ltd.	Legal person controlled by controlling shareholder	Prepayments	-	17	-	-	17	Prepayment for goods and services	Operational
	Jingzhou Sanonda Holdings Co.,Ltd.	Legal person controlled by controlling shareholder	Other non-current assets	52	-	-	31	21	Prepayment for goods and services	Operational
	Beijing Guangyuan Yinong Chemical Co., LTD	Legal person controlled by controlling shareholder	Accounts receivables	-	1,336	-	1,335	1	Sale of goods/ Service rendered	Operational
	Jiangsu Yangnong Chemical Co., LTD . and its subsidiaries	Legal person controlled by controlling shareholder	Accounts receivables	4,089	102,716	-	104,019	2,786	Sale of goods/ Service rendered	Operational
	Jiangsu Yangnong Chemical Co., LTD . and its subsidiaries	Legal person controlled by controlling shareholder	Prepayments	780	260,439	-	243,915	17,304	Prepayment for goods and services	Operational
	Sub-total			808,831	4,294,176	4,287	4,371,499	735,795

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Summary Statement of Amounts due from the Controlling Shareholder, Ultimate Controller and Other Related Parties

for the Year of 2023 of ADAMA Ltd. – (cont’d)

Unit: RMB’000

Subsidiaries of the Company and their affiliates	ADAMA (Beijing) Agricultural Solutions Ltd.	Subsidiaries of listed companies	Accounts receivables	8,055	33,683	-	41,710	28	Sale of goods/ Service rendered	Operational
	ADAMA CELSIUS B V CURACAO BRANCH	Subsidiaries of listed companies	Accounts receivables	536,648	798,620	-	327,067	1,008,201	Sale of goods/ Service rendered	Operational
	Jiangsu Anpon International Trading Co., Ltd.	Subsidiaries of listed companies	Accounts receivables	-	268	-	-	268	Sale of goods/ Service rendered	Operational
	PT ROYAL AGRO INDONESIA	Subsidiaries of listed companies	Accounts receivables	3,898	4,066	-	7,964	-	Sale of goods/ Service rendered	Operational
	Hubei Sanonda Foreign Trading Co., Ltd.	Subsidiaries of listed companies	Accounts receivables	-	408	-	408	-	Sale of goods/ Service rendered	Operational
	ADAMA Anpon (Jiangsu) Ltd.	Subsidiaries of listed companies	Other receivables	11,611	-	-	-	11,611	Sale of goods/ Service rendered	Operational
	ADAMA Anpon (Jiangsu) Ltd.	Subsidiaries of listed companies	Non-current assets due within one year & Other non-current assets	250,000	125,000	6,042	131,042	250,000	Borrowings to subsidiaries	Non-Operational
Other related parties and its affiliated entities	Jiangsu Huifeng Agrochemical Co. Ltd. and its subsidiaries	Minority shareholder and its subsidiaries	Accounts receivables	13,172	86,687	-	77,498	22,361	Sale of goods/ Service rendered	Operational
	Jiangsu Huifeng Agrochemical Co. Ltd. and its subsidiaries	Minority shareholder and its subsidiaries	Prepayments	-	28,051	-	26,521	1,530	Prepayment for goods and services	Operational
	Innovaroma SA	Joint ventures	Accounts receivables	25,727	87,488	-	89,708	23,507	Sale of goods/ Service rendered	Operational
Total				1,657,942	5,458,447	10,329	5,073,417	2,053,301

Legal representative

Chief of accounting work

Chief of accounting organ