DGAP Post-admission Duties announcement: Haier Smart Home Co.,Ltd. / Third country release according to Article 50 Para. 1, No. 2 of the WpHG [the German Securities Trading Act]
Haier Smart Home Co.,Ltd.: Announcement on Completion of Share Purchase Under the H-share Core Employee Stock Ownership Plan (2021)

26.07.2021 / 16:00
Dissemination of a Post-admission Duties announcement according to Article 50 Para. 1, No. 2 WpHG transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Announcement on Completion of Share Purchase Under the H-share Core Employee Stock Ownership Plan (2021)

Qingdao / Shanghai / Frankfurt, 26 July 2021 - Haier Smart Home Co., Ltd. (the "Company" or "Haier Smart Home", D-Share 690D.DE, A-Share 600690.SH, H-Share 06690.HK) held its 2020 Annual General Meeting on 25 June 2021, at which the H-share Core Employee Stock Ownership Plan of Haier Smart Home Co., Ltd. (2021-2025) (Draft) and Its Summary was reviewed and approved. For details of the draft of employee stock ownership plan and its summary, please refer to the Company's announcement published on the website of Shanghai Stock Exchange (www.sse.com.cn) on 26 May and 26 June 2021.

In accordance with the relevant requirements of the Guidance on the Pilot Implementation of Employee Stock Ownership Plan by Listed Companies of China Securities Regulatory Commission and the Guidelines on Information Disclosure of Employee Stock Ownership Plan of Listed Companies of the Shanghai Stock Exchange, the implementation progress of the Company's H-share core employee stock ownership plan (2021) is announced as follows:

The employee stock ownership plan has been entrusted to Industrial Securities Assets Management Co., Ltd. to establish Industrial Securities Asset Management Xinzhong Haier Smart Home No. 6 Employee Stock Ownership Plan Single Asset Management Plan (hereinafter referred to as the "Asset Management Plan") for the management of the plan.

As of 26 July 2021, the accumulative amount of 3,757,000 H-shares of the Company had been purchased from the secondary market through Northbound Trading under the Asset Management Plan, with an average trading price of HKD28.268 per share and the trading amount of approximately HKD106,202,910. The number of purchased shares accounts for 0.04% of the Company's total share capital and 0.13% of the Company's total H-share capital.

As of the date of this announcement, the purchase of the Company's shares under the H-share employee stock ownership plan has been completed, and the above-mentioned purchased shares will be locked in accordance with regulations. The lock-up period is 12 months from the date of this announcement, i.e. from 27 July 2021 to 26 July 2022.

Note: This Announcement has been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the two versions, the Chinese version shall prevail.

About Haier Smart Home Co., Ltd.:

Haier is one of the world's leading manufacturers of household appliances with a focus on smart home solutions and customized mass production. Haier Smart Home Co., Ltd. develops, produces and distributes a wide range of household appliances. These include refrigerators, freezers, washing machines, air conditioners, water heaters, kitchen appliances as well as smaller household appliances and an extensive range of intelligent household appliances. The Company distributes its products through leading household brands such as Haier, Casarte, Leader, Candy, GE Appliances, AQUA and Fisher & Paykel. Haier Smart Home Co., Ltd. has launched Smart Home Experiential Cloud, which connects homes, users, enterprises and ecosystem partners, and facilitates the integration of Haier's online, offline and micro-store businesses and supports user interaction to further optimize the user experience.

IR Contact:

Yao Sun (Sophie) - Haier Smart Home Germany
T: +49 6172 9454 143
F: +49 6172 9454 42143
M: +49 160 9469 3601
Email: y.sun@haier.de

26.07.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Haier Smart Home Co.,Ltd.
Haier Industrial Park, Laoshan District
266101 Qingdao
Internet: smart-home.haier.com

End of News DGAP News Service

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