Haier Smart Home Co., Ltd. convened the fourth meeting of its twelfth board session on 26 March 2026 and approved a wide-ranging slate of 30 resolutions covering financial results, capital return, funding arrangements and risk management initiatives.

Financials and Dividend • 2025 consolidated statements were endorsed without adjustment between PRC and international accounting standards. • A cash dividend of RMB 8.867 per 10 shares (tax inclusive) was proposed, totalling RMB 8.25 billion and representing 55.0 % of 2025 parent-level net profit. • The board was authorised to consider interim dividends for 2026. • A new shareholder return plan raises the minimum cash-dividend ratio to not less than 58 % in 2026 and 60 % in both 2027 and 2028.

Capital Management • A-Share buyback plan: up to RMB 6.00 billion (minimum RMB 3.00 billion) via centralised bidding to support employee share ownership and long-term incentives. • Repurchase mandates: up to 5 % of total D shares and up to 10 % of total H shares, subject to annual meeting approval. • General mandates approved for additional issuance of up to 10 % of each share class (A, H, D).

Related-Party Financial Services • Renewal of the three-year Financial Services Framework Agreement with Haier Group Finance Co., Ltd. with annual caps of RMB 34 billion for deposits, RMB 18 billion for loans and RMB 6.50 billion for FX derivative transactions during 2027-2029. • A 2025 risk assessment confirmed no material deficiencies in Haier Group Finance’s risk controls.

Risk Management Tools • Approval granted to conduct foreign-exchange fund derivatives and commodity hedging businesses after feasibility analyses.

Audit and Oversight • Hexin Certified Public Accountants LLP re-appointed for 2026 PRC audit at RMB 8.78 million; HLB Hodgson Impey Cheng Limited re-appointed for international audit at RMB 3.89 million. • The board’s Audit Committee reported satisfactory performance by both firms in 2025.

Guarantees and Other Resolutions • Anticipated guarantee limits for 2026 were approved; details will be tabled at the forthcoming AGM. • Amendments to information-disclosure and nomination-committee rules were passed. • A new remuneration management system for directors and key personnel will be submitted directly to shareholders as all directors abstained from voting.

Shareholder Meetings The 2025 annual general meeting and first 2026 A/D/H class meetings are scheduled for 24 June 2026 to seek shareholder approval for the above resolutions.