th
Meeting of the 8
th
Session of the Board of Directors
The 15
th
Meeting of the 8
th
Session of the Board of Directors of ADAMA Ltd.(hereinafter referred to as the “Company”) was held via circulation of the resolutionand the related documents on May 17, 2019 following notifications to all the directorsby email. Five directors were entitled to participate in the circulation and five directorsparticipated.The meeting complies with all relevant laws and regulations as well as the Articles ofAssociation of the Company. The following resolution was deliberated and adopted:
1. Proposal on Providing Guarantees in Favor of a SubsidiaryThe Board of Directors approves to provide joint liability guarantees for the loans ofJiangsu Anpon Electrochemical Co., Ltd. For details, please see the Announcement onthe Guarantees to be Provided by the Company in Favor of a Subsidiary (No. 2019-36)published on www.cninfo.com.cn on the same day.This proposal was passed with 5 affirmative votes, 0 negative vote and 0 abstention.
Stock Code: 000553(200553) Stock Abbreviation: ADAMA A(B) Announcement No.2019-35The 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.
This proposal subjects to the approval of shareholders of the Company.It is hereby announced.
Board of Directors of ADAMA Ltd.
May 18, 2019