Haier Smart Home Co., Ltd. at its AGM held on June 20, 2024 approved payment of final cash dividend for the year ended 31 December 2023 of RMB 8.04 (tax inclusive) per 10 Shares (the ``Final Dividend'') to the Shareholders whose names appear on the register of members of the Company on 19 July 2024. The Final Dividend will be distributed on or around 16 August 2024 and denominated and announced in RMB, of which A Shareholders will be paid in RMB and H Shareholders will be paid in HK dollars. The actual amount of HK dollars to be paid is calculated at the average benchmark exchange rate of RMB against HK dollars (i.e. RMB 0.910980 = HKD 1.00) published by the People's Bank of China for a week prior to the announcement of dividend and payment decision (i.e. 20 June 2024).

Accordingly, the cash dividend per 10 H Shares is HKD 8.825660 (tax inclusive). Where the total share capital of the Company changes before the registration date for the implementation of the equity distribution, it is expected to maintain the total distribution unchanged and adjust the distribution ratio per Share accordingly. For H Shareholders, the Company would pay the declared Final Dividend to the receiving agent for their onward payment to H Shareholders.

The dividend is expected to be paid to the relevant Shareholders by the receiving agent on or around 16 August 2024, and the relevant cheques will be despatched on the same day to H Shareholders who are entitled to receive such dividend by ordinary post while the risk of the delivery shall be borne by the receivers. In order to determine the list of the H Shareholders who are entitled to receive cash dividend, the H Shares register of members of the Company will be closed from 17 July 2024 to 19 July 2024 (both days inclusive). To be eligible to receive the above said cash dividend, the relevant share certificates together with all transfer documents must be lodged with the Company's H Share registrar, Tricor Investor Services Limited at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong by the H Shareholders at or before 4: 30 p.m. on 16 July 2024.

Ex-dividend date is 15 July 2024.