Haier Smart Home Co., Ltd. ("Haier Smart Home") announced on June 5, 2024 that it will implement the 2024 H-share core employee shareholding plan. The plan has been reviewed and approved by the company's board of directors and supervisory board, and is awaiting approval by the shareholders' meeting. Beijing Zhonglun Law Firm has issued a legal opinion on this plan, confirming that the plan complies with relevant laws and regulations. The purpose of the plan is to further improve the compensation incentive mechanism, mobilize the enthusiasm of core employees, and achieve the combination of long-term development of the enterprise and employee benefits. The plan will be participated by up to 30 directors (excluding independent directors), senior management personnel, and core technical...Show More

Haier Smart Home Co., Ltd. ("Haier Smart Home") announced on June 5, 2024 that it will implement the 2024 H-share core employee shareholding plan. The plan has been reviewed and approved by the company's board of directors and supervisory board, and is awaiting approval by the shareholders' meeting. Beijing Zhonglun Law Firm has issued a legal opinion on this plan, confirming that the plan complies with relevant laws and regulations. The purpose of the plan is to further improve the compensation incentive mechanism, mobilize the enthusiasm of core employees, and achieve the combination of long-term development of the enterprise and employee benefits. The plan will be participated by up to 30 directors (excluding independent directors), senior management personnel, and core technical (business) personnel, and the asset management institution will purchase the company's H shares in the secondary market through the Shanghai-Hong Kong Stock Connect. The lock-up period of the stocks is 12 months, and the source of funds for the plan is the incentive fund extracted by the company, with a quota of 68.5 million yuan. Haier Smart Home has fulfilled the necessary statutory procedures and information disclosure obligations at the current stage, and will continue to fulfill the information disclosure obligations required as the plan progresses.