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安道麦B:2025年半年度业绩预告附件(英文版)下载公告
公告日期:2025-07-15

2025

TEL AVIV, ISRAEL and BEIJING, CHINA, July 14, 2025 – ADAMA Ltd. (the “Company”) (SZSE 000553),today provided an estimate regarding its financial performance for the first half of 2025. The Company sawfurther positive impact of its “Fight Forward” strategic transformation plan, with improvements in key financialmetrics.SalesSupported by the growth of revenues in the second quarter of 2025, ADAMA is expecting to report flat salesfor the first half of 2025 (0% in USD, 1% in RMB), compared to the first half of 2024. The stabilization ofrevenues in H1 2025 was driven by volume growth due to improved channel inventories, which offset lowerprices. Prices were weak mainly due to low prices of active ingredients in light of overcapacity, as well as ahigher interest rate environment and comparably low commodity prices, which put pressure on distributors andfarmers.Adjusted EBITDA and Net ProfitFor the first half of 2025, the Company is expecting to report an increase in adjusted EBITDA and in its margin,in comparison to the first half of 2024. Adjusted EBITDA and its margin improved due to an increase in thegross profit and its margin, mainly reflecting the positive impact of lower costs of new inventory sold and highervolumes.The Company expects to report an adjusted net profit in the range of USD 47 million to 54 million for the firsthalf of 2025, compared to a loss of USD 71 million for the first half of 2024. The profit was due to a higheradjusted operating profit and lower tax and financial expenses.

Adjusted Net profit excludes the impact of transitory, non-operational or non-cash items, mainly including:

i. Non-cash amortization charges in respect of transfer assets received from Syngenta related to the

2017 ChemChina-Syngenta acquisition;ii. Non-cash amortization net charges related to intangible assets created as part of the Purchase Price

Allocation (PPA) on acquisitions, with no impact on the ongoing performance of the companies

acquired;

Adjusted net profit (loss)Estimated First Half 2025First Half 2024

Net profit (loss) attributable to shareholders (USDmillions)

Net profit (loss) attributable to shareholders (USD millions)47-54(71)

Earnings per share (USD)

Earnings per share (USD)0.0202-0.0234(0.0303)

Net profit (loss) attributable to shareholders (RMBmillions)

Net profit (loss) attributable to shareholders (RMB millions)337-391(501)

Earnings per share (RMB)

Earnings per share (RMB)0.1446-0.1677(0.2152)

iii. Restructuring and advisory costs incurred as part of the continued implementation of the Fight Forward

transformation plan;iv. Provision of remediation costs by an indirectly wholly owned subsidiary of the Company for its plant inIsrael;v. Financial expenses including losses from repurchase of debentures at a premium by a wholly controlledsubsidiary of the Company.Reported EBITDA and Net LossThe Company expects a higher reported EBITDA and its margin and a narrowed reported net loss (whichinclude the impact of the above adjusted items) for the first half of 2025 compared to 2024. This expectation ismainly due to higher reported operating profit and lower tax expenses despite an increase in financial expenses.

The estimated results of the Company are a preliminary estimation of the Company and have not been auditedor reviewed by certified accountants. However, the Company and the external auditor have preliminarilycommunicated regarding relevant matters of the performance estimation and have no material disagreement.These estimations may change as a result of the further processing and analysis of the financial data that theCompany will perform for the preparation of its financial statements, which are expected to be released aftertrading hours on August 26, 2025.

Investors are reminded to exercise caution when making investment decisions.

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About ADAMAADAMA Ltd. is a global leader in crop protection, providing practical solutions to farmers across the world tocombat weeds, insects and disease. Our culture empowers ADAMA's people to actively listen to farmers andideate from the field. ADAMA's diverse portfolio of existing active ingredients, coupled with its leadingformulation capabilities and proprietary formulation technology platforms, uniquely position the company todevelop high-quality, innovative and sustainable products, to address the many challenges farmers andcustomers face today. ADAMA serves customers in dozens of countries globally, with direct presence in all top20 markets. For more information, visit us at www.ADAMA.com and follow us on X at @ADAMAAgri.

ContactJoshua Phillipson Zhujun WangGlobal Investor Relations China Investor Relations

Reported net profit (loss)Estimated First Half 2025First Half 2024

Net loss attributable to shareholders (USD millions)

Net loss attributable to shareholders (USD millions)(15)-(7)(126)

Earnings per share (USD)

Earnings per share (USD)(0.0064)-(0.0032)(0.0541)

Net loss attributable to shareholders (RMB millions)

Net loss attributable to shareholders (RMB millions)(108)-(54)(895)

Earnings per share (RMB)

Earnings per share (RMB)(0.0464)-(0.0232)(0.3841)

Email: ir@adama.com Email: irchina@adama.com


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