Haier Smart Home Unveils 2025 AGM Agenda; Proposes RMB 8.20 Billion Dividend and Fresh Capital Mandates

Haier Smart Home has issued a notice convening its 2025 Annual General Meeting (AGM) for 24 June 2026 in Qingdao. The meeting will ask shareholders to vote on 17 resolutions that cover dividend distribution, capital mandates, related-party transactions and re-appointment of auditors.

Key highlights are as follows:

1. Cash Dividend • Management recommends a cash dividend of RMB 8.867 per 10 shares (tax inclusive), totalling approximately RMB 8.20 billion. • If the share count changes before the record date, the total payout will remain unchanged and the per-share amount will be adjusted accordingly. • Dividends will be distributed in RMB to A- and D-shareholders and in HKD to H-shareholders, using the PBOC’s average RMB/HKD rate for the week preceding the dividend announcement.

2. Capital Management Proposals • General mandates to issue additional A, H and D shares. • Authorisations to repurchase up to 10% of outstanding H shares and up to 5% of outstanding D shares.

3. Related-Party and Risk Management Items • Renewal of the Financial Services Framework Agreement with Haier Group Corporation and Haier Group Finance Co., Ltd., with an updated annual transaction cap (amount not disclosed in the notice). • Approval to conduct foreign-exchange derivatives business to manage currency risk. • Anticipated guarantee limits for the Company and its subsidiaries in 2026.

4. Governance and Reporting • Adoption of the 2025 financial statements, Board work report, annual report and internal control audit report. • Re-appointment of both the PRC and international auditors. • Introduction of a refreshed remuneration management system. • Independent directors will present their 2025 work report during the AGM.

Shareholders of H shares must be on the register by 24 June 2026 to vote at the AGM, with the register closing from 16 June to 24 June 2026. Proxy forms must reach Tricor Investor Services Limited no later than 2:00 p.m. on 23 June 2026.

The AGM is expected to last less than half a day, and attendees will bear their own travel and accommodation expenses.