安道麦B(200553):关联方长期贷款整合暨关联交易的公告（英文版）
AnnouncementonConsolidationofLong-term LoansfromtheRelatedParty The Company and all members of the Company’s Board of Directors confirm that allinformation disclosed herein istrue, accurate and complete, with nofalseor misleadingstatementormaterialomission. I. OverviewoftheRelatedPartyTransaction The22ndmeetingofthe10thsessionoftheBoardofDirectorsofADAMALtd.(hereinafterreferredtoasthe“Company”)heldonAugust17,2026,approvedtheProposalonConsolidationofLong-termLoansfromtheRelatedParty.Tooptimizethedebtstructure,reduceforeignexchangehedgingcostsandsimplifyfinancingarrangements, the Company intends to consolidate the two long-term loanspreviously provided to the wholly-owned subsidiaries of the Company by itscontrollingshareholder,SyngentaGroupCo.,Ltd.(hereinafterreferredtoas“SG”),anditssubsidiariesintoasinglenewlong-termloan. Theconsolidationinvolvesthefollowingoriginalloanagreements: 1.TheFacilityAgreementapprovedbythe24thmeetingofthe9thsessionoftheBoardofDirectorsandthe1stInterimShareholdersMeetingin2023,accordingtowhichSGoranyofitssubsidiaries(actuallythroughSyngentaGroup(NL)B.V.,hereinafterreferredtoas“SGNL”)providedalong-termcommittedcreditfacilityofup to RMB2 billion (approximately USD 295 million) infavorof AdamaAgriculturalSolutionsLtd.,awholly-ownedsubsidiaryoftheCompany(directlyorthroughoneofitssubsidiaries,namelyAdamaCelsiusB.V.),withatermof3yearsandbearinganinterestrateatthe People’sBankofChinaone-yearLoanPrimeRate(LPR) minus0.65%,andsuchloanwillmatureonSeptember15,2026(Fordetails,pleaserefertoAnnouncementNo.2023-29). 2.TheCreditFacilityAgreementapprovedbythe5thmeetingofthe9thsessionoftheBoardofDirectors,accordingtowhichSGNLprovidedaUSD50millionfive-year long-term bullet repayment loan in favor of Adama Fahrenheit B.V.(hereinafterreferredtoas“ADAMANL”),awholly-ownedsubsidiaryoftheCompany,withafixedannualinterestrateof2.7%,andsuchloanwillmatureonNovember11,2026(Fordetails,pleaserefertoAnnouncementNo.2021-46).Itisnowproposedtoamendandconsolidatetheaforementionedtwoloansintoasinglelong-termloanfacilityinatotalaggregateamountofuptoUSD345million(the“ConsolidatedFacility”),tobedrawnbyADAMANLintwotranches:(i)afirsttrancheofUSD295milliontorefinancetheCNYfacility;and(ii)asecondtrancheofUSD50milliontorefinancetheUSDfacility.TheConsolidatedFacilitywillbearanannualinterestrateof3-monthCMETermSOFRplusamarginof1.29%(129basispoints),payablequarterly.TheConsolidatedFacilitywillmatureonSeptember15,2029,beingthreeyearsfromtheeffectivedate(the“Transaction”).Since SG NL and ADAMA NL are both controlled by Sinochem HoldingsCorporationLtd.(hereinafterreferredtoas“SinochemHoldings”),theultimatecontrollingshareholderoftheCompany,andSGisthecontrollingshareholderoftheCompany,theTransactionconstitutesarelatedpartytransaction. AmongthesevendirectorsoftheCompany,therelated-partydirectors,Mr.QinHengde,Mr.LiuHongshengandMr.AnLirurefrainedfromvoting,whileamongtheremainingvotesofthefourdirectors,therewerefour(4)affirmativevotes,andnonegativevotesorabstentions.TheTransactionhasbeenreviewedbytheSpecializedMeetingofIndependentDirectorsoftheCompanyandapprovedbyallindependentdirectors. TheTransactionrequirestheapprovaloftheCompany’sshareholders.SGwillrefrainfromvoting. TheTransactiondoesnotconstituteaMaterialAssetsRestructuringasstipulatedbythe Administrative Measures on Significant Asset Restructuring of ListedCompanies. II. IntroductiontotheRelatedParty SGNLwasestablishedin2016.ItslegalrepresentativeisEdwinPool,anditsregisteredaddressisWesteinde62,1601BKEnkhuizen,TheNetherlands.IthasregisteredcapitalofUSD2andmainlyundertakesthebusinessesrelatedtoholdingoperatingrevenueofUSD39,212,000,netprofitofUSD2,848,000,totalassetsofUSD851,570,000,netassetsofUSD835,541,000. Related-party relationship: Both SG NL and ADAMA NL are controlled bySinochemHoldings,theultimatecontrollingshareholderoftheCompany.SGNLisarelatedpartyoftheCompanyinaccordancewithItem2,Paragraph2ofArticle6.3.3oftheListingRulesofShenzhenStockExchange. Analysis of contract performance capability: To the best of the Company’sknowledge,SGNLoperatesnormallyandisingoodoperationalcondition.AftersearchingonthewebsiteofdisclosureofenforcementinformationofChina,itisnotadebtorsubjecttojudicialenforcement. III. BasicInformationontheTargetoftheRelated-PartyTransactionTheTransactionconsolidatestheoriginaltwolong-termloansintoasinglelong-termloaninatotalaggregateamountofuptoUSD345million,tobedrawnbyADAMANLintwotranches:(i)afirsttrancheofUSD295milliontorefinancetheCNYfacility;and(ii)asecondtrancheofUSD50milliontorefinancetheUSDfacility.TheConsolidatedFacilitywillbearanannualinterestrateof3-monthCMETermSOFRplusamarginof1.29%(129basispoints),payablequarterly.TheConsolidatedFacilitywillmatureonSeptember15,2029,beingthreeyearsfromtheeffectivedate.ThespecifictermsshallbesubjecttotheLoanAgreementsignedbetweenthetwoparties. IV. PricingBasisoftheRelated-PartyTransaction TheTransactionismadeontheprinciplesofvoluntariness,equality,mutualbenefit,justiceandfairness.ThetermsoftheTransactionwerenegotiatedfairlyonthebasisofmarketpractice. V. MainContentsoftheLoanAgreement ContractName:LoanAgreementbetweenAdamaFahrenheitB.V.andSyngentaGroup(NL)B.V.(August2026) Borrower:AdamaFahrenheitB.V. Lender:SyngentaGroup(NL)B.V. MainTerms:Consolidatetheoriginaltwolong-termloansintoasinglelong-termloanfacilityinatotalaggregateamountofuptoUSD345million,tobedrawnbyADAMANLintwotranches:(i)afirsttrancheofUSD295milliontorefinancetheCNYfacility;and(ii)asecondtrancheofUSD50milliontorefinancetheUSDfacility.TheConsolidatedFacilitywillbearanannualinterestrateof3-monthCMETermSOFRplusamarginof1.29%(129basispoints),payablequarterly.TheConsolidatedFacilitywillmatureonSeptember15,2029,beingthreeyearsfromtheeffectivedate. TheLendermayassignitsrightsandobligationsundertheAgreementsolelytoanother entity within its group according to the terms of the Agreement, byprovidingBorrowerwithapriorwrittennotice. TheBorrowermayassignitsrightsandobligationsundertheAgreementtoathirdpartywiththepriorconsentofLender,whichwillnotbeunreasonablywithheld.EffectiveDateoftheAgreement:TheAgreementiseffectivefrom15September2026,followingtheapprovaloftheParties’ requisiteorgans,asrequired.TherequisiteorgansoftheCompanywillreviewthetermsofthisAgreementeverythreeyears. DisputeResolutions:TheAgreementisgovernedinallrespectsbythelawsoftheNetherlands. VI. PurposeoftheTransactionandItsImpactontheCompany TheTransactionaimstoconsolidatetheexistinglong-termloansfromtherelatedpartyfortheCompany’ssubsidiaries,replacetheRMB-denominatedloanwithaUSDfacility,eliminate the corresponding foreign exchange hedging arrangements, reduce theCompany’shedgingcosts,simplifytheCompany’sfinancingstructureandsavefinancialcosts.TheFacilityAgreementfollowsthegeneralpracticeofsimilartransactionsinthemarketanddoesn’tcontainunfairterms.TheTransactionwillnotadverselyaffecttheinterestsoftheCompanyanditsnon-relatedpartyshareholders,norwillitaffecttheindependenceoftheCompany. VII. Status of the Different Kinds of Related Party Transactions between theCompanyandSinochemHoldings AsoftheendofJune2026,therelatedpartytransactionsbetweentheCompanyandsubsidiariesofSinochemHoldingsareasfollows: 1.TheoccurredamountofdailyrelatedpartytransactionsbetweentheCompanyandsubsidiariesofSinochemHoldingsis RMB949.70million;theestimatedtotalamountofdailyrelatedpartytransactionsfor2026isRMB3,152.93million,whichhasbeenapprovedbythe1stInterimShareholdersMeetingin2026. 2.TheCompanyanditssubsidiaries’DepositsandLoansintheFinanceCompany:thebalanceofdepositsremainsRMB695.14millionandUSD10.73million,andtheloanamountisRMB249.64million,whichhavebeenapprovedbythe3rdInterimShareholdersMeetingin2024. 3.The18thmeetingofthe10thsessionoftheBoardofDirectorsoftheCompanyheldonMarch26,2026approvedtheProposalonConsolidationofCreditFacilitiesfromtheRelatedParty,agreeingthatADAMANLandSGNLenterintoanewfacilityagreementtoconsolidatetheoriginalfacilityagreements,pursuanttowhichSGNLprovidesashort-termcreditfacilityofUSD750millioninfavorofADAMANL.Suchtransactionhasbeenapprovedbythe2025AnnualShareholdersMeetingoftheCompany. VIII. IndependentDirectors’PriorApproval The Company’s Specialized Meeting of Independent Directors approved theTransaction,andtheindependentdirectorshavegivenapprovalopinionsontheTransaction:TheTransactionisbasedonthefundingneedsoftheCompanyandtheneedtooptimizetheCompany’sdebtstructureandisnormalbusinessoperations.TheTransactionconformstorelevantnationallawsandregulations,asapplicable,and market-oriented principles, and will not impact the independence of theCompanyorharmtheinterestsoftheCompanyanditsothershareholders.Thedecision-makingproceduresfortheTransactionconformtotheCompanyLaw,theRules of Shenzhen Stock Exchange for the Listing of Stocks, the Articles ofAssociation of the Company and other laws and regulations. Therefore, theindependentdirectorspre-approvedtheTransactionandagreetosubmitittotheBoardofDirectors. IX. DocumentsforFutureReference 1.Theresolutionsofthe22ndMeetingofthe10thSessionoftheBoardofDirectorsoftheCompany; Itisherebyannounced. TheBoardofDirectorsofADAMALtd. August19,2026 中财网
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