ADAMA board approves 2026 plans, greenlights derivative hedging up to $50m

ADAMA's board of directors met on December 22, 2025, to approve several key initiatives for 2026. All seven directors unanimously passed resolutions including the 2026 work plan and the 2026 annual everyday related-party transactions forecast. The latter, which saw related directors abstain, will proceed to a shareholder meeting for approval.

The board sanctioned the company and its subsidiaries to engage in derivative hedging activities for 2026 to mitigate currency and CPI fluctuations. The maximum single-day contract value for derivative transactions is capped at $50 million, with the total trading limit available for revolving use over the year. This decision awaits shareholder approval.

Additionally, the board approved new management systems for information disclosure deferral and exemption, and for the departure of directors and senior management. Revisions to the insider information registration and related-party transaction management systems were also approved. A provisional shareholder meeting is scheduled for January 13, 2026, to vote on the related-party transaction forecast, derivative hedging, and revised related-party transaction management system.