Adama Ltd. Class A · SZSE:000553
Adama Ltd. Class A — H1 2026 Earnings Presentation
20 slides from Adama Ltd. Class A's earnings presentation, Aug 18, 2026
Slide 1: ADAMA Ltd - Q2 & H1 2026 Financial Performance
ADAMA Ltd - Q2 & H1 2026 Financial Performance
Slide 2: Legal Notice
Legal Notice This presentation is for marketing and information purposes only. By this presentation, neither ADAMA Ltd. nor ADAMA Agricultural Solutions Ltd. (together the “Company” or “ADAMA”) intend to give, and the presentation does not constitute, professional or business advice or an offer or r
Slide 3: Growing Forward
Growing Forward Introducing the Next Phase of ADAMA’s Strategy Execution
Slide 4: The Next Phase of our Strategy Execution
Fight Back Plan Fight Forw ard Program Grow ing Forw ard The Next Phase of our Strategy Execution
Slide 5: Our Ambition
Our Ambition Growing our Enhancing Business Profitability WITH A AND POSITION AS DELIVERING a top post-patent Long Term Value synthetic chemistry for ADAMA and our provider Customers
Slide 6: Turning Fight Forward impact into Profitable Growth
Turning Fight Forward impact into Profitable Growth W H AT Growth Pillars Accelerated Execution Discipline HOW Delivery Matrix Efficiency Enablers ADAMA Behaviors Activation
Slide 7: Q2 & H1 2026 Highlights
• Volumes growth across most regions, while pricing continues to be pressured • Higher Gross Margin supported by improved mix Q2 & H1 2026 • Cost control and OPEX discipline in place despite shifting to growth mode Highlights • Improved debt profile and cash management lowering financial expenses •
Slide 8: ADAMA LTD Q2 2026 Highlights
ADAMA LTD Q2 2026 Adjusted Q2 2026 Q2 2025 %▲ Highlights $ million ▪ Sales down 3% to $1,063 million ̶ 1% lower volume and 3% lower prices vs. PY Sales 1,063 1,092 -3% ̶ Lower volumes resulting from the Company’s decision in Q3’25 to reduce manufacture and sale of certain basic chemicals, partially
Slide 9: ADAMA LTD H1 2026 Highlights
ADAMA LTD H1 2026 Highlights Adjusted ▪ Stable sales reaching $2,100 million H1 2026 H1 2025 %▲ $ million ̶ 1% higher volume and 4% lower prices vs. PY ̶ Higher volumes reflecting improved market demand supported by new product Sales 2,100 2,091 0% introductions, more than offset the impact of the C
Slide 10: Regional Sales Performance Q2 2026 vs. Q2 2025
Regional Sales Performance Q2 2026 vs. Q2 2025 % Sales growth by region Total sales & absolute change in sales ($m) 3% Europe, Africa & Middle East 10 324 (2%) 2% North America 5 281 2% (3%) Latin America (7) 209 (8%) 2% Asia Pacific (ex. China) 2 145 6% (28%) Of which: 104 China (40) -$23m Anpon no
Slide 11: Regional Sales Performance H1 2026 vs. H1 2025
Regional Sales Performance H1 2026 vs. H1 2025 % Sales growth by region Total sales & absolute change in sales ($m) 9% Europe, Africa & Middle East 61 731 2% 5% North America 23 518 4% (3%) Latin America (10) 353 (7%) 2% Asia Pacific (ex. China) 5 260 4% Of which: (23%) -$53m Anpon China (71) 238 no
Slide 12: Regional Highlights
Regional Highlights Q2 $ CER H1 $ CER Q2 $ CER H1 $ CER North America 2% 2% 5% 4% 3% -2% 9% 2% EAME ADAMA Professional and Consumer Solutions • Higher sales reflecting market share increase and strong channel execution • In Professional solutions favorable spring weather supported by higher volumes
Slide 13: Q2 Sales
Q2 Sales Sales bridge analysis 1,092 1,063 (15 ) (38 ) 24 -1% -3% -3% Q2 2025 Q Var P Var FX Q2 2026 ▪ Lower volumes resulting from the Company’s decision in Q3’25 to reduce manufacture and sale of certain basic chemicals, partially compensated by new product introductions and improved market demand
Slide 14: Q2 Gross Profit & EBITDA
Q2 Gross Profit & EBITDA 318 12 19 315 3 Gross Profit bridge analysis -38 Despite the impact of lower sales, improvement in Gross Margin 29.1% 29.6% -1% Attributable to favorable foreign exchange impacts, improved quality of the business and lower cost, compensating for lower prices Q2 2025 ∆ Volume
Slide 15: H1 Sales
H1 Sales Sales bridge analysis 13 -74 69 2,100 2,091 1% -4% 0% H1 2025 ∆ Volumes ∆ Prices FX H1 2026 ▪ Higher volumes reflecting improved market demand supported by new product introductions, more than offset the impact of the Company’s decision in Q3’25 to reduce manufacture and sale of certain bas
Slide 16: H1 Gross Profit & EBITDA
H1 Gross Profit & EBITDA 36 55 632 620 Gross Profit bridge analysis -74 -6 Improvement in Gross Profit and Gross Margin Attributable to favorable foreign exchange impacts, 29.7% 30.1% 2% higher volumes, and improved quality of the business, more than compensating for lower prices and mild cost incre
Slide 17: Cash Flow
Cash Flow Operating Cash Flow Free Cash Flow Higher receivables which reflected lower sales of Continued ROI-based investment discipline basic chemicals with shorter collection terms and moderated impact on free cash flow and lower cash lower collections due to timing difference in Q1’25, flow used
Slide 18: Thank You
THANK YOU
Slide 19: Adjusted vs. Reported P&L
Adjusted vs. Reported P&L $ million Q2 2026 Q2 2025 %▲ Q2 2026 Q2 2025 %▲ H1 2026 H1 2025 %▲ H1 2026 H1 2025 %▲ Adjusted Adjusted Reported Reported Adjusted Adjusted Reported Reported Sales 1,063 1,092 -3% 1,063 1,092 -3% 2,100 2,091 0% 2,100 2,091 0% Gross Profit 315 318 -1% 286 284 -1% 632 620 2%
Slide 20: Adjusted vs. Reported Financial Results
Adjusted vs. Reported Financial Results The financial results in this presentation are presented on an “Adjusted” basis, and differ to some extent from the “Reported” financials contained in the formal financial statements of the Company. ADAMA’s approach on the use of adjustments: • Adjusted result