公告日期：2026-01-30

Stock Code: 000553(200553) Stock abbreviation: ADAMA A (B) Announcement No. 2026-3
ADAMA Ltd.

Asset Impairment Announcement

The Company and all members of its Board of Directors confirm that all the
information disclosed herein is true, accurate, and complete with no false or
misleading statement or material omission.

In accordance with the Accounting Standards for Business Enterprises, ADAMA Ltd.
(hereinafter referred to as the “Company”), is expected to record a total of RMB 548
million ($77 million) for the year of 2025 in provisions for asset and credit loss
impairments. These provisions are mainly related to one-time impairments of some fixed
assets, impairment of inventories and credit loss impairment of accounts receivables
made during the ordinary course of the Company’s business, as provided herein.

Overview and Financial Impact of Provision for the Asset Impairments

During the year, the Company is expected to record provisions for asset and credit loss
impairments based on "Accounting Standards for Business Enterprises" and the
Company’s own applicable accounting policies.

These provisions, charged to the total profits of the Company during the year, are
expected amounting to RMB 548 million ($77 million).

Further details of the impairments are as follows:

Unit: ‘000 RMB

Item Amount

Fixed assets 247,015

Inventories 159,054

Credit losses 115,546

Intangible assets 15,867

Construction in progress 11,002

Total Asset impairments ……
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