Haier Smart Home : ANNOUNCEMENT RESIGNATION OF DIRECTOR AND PROPOSED ELECTION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

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Haier Smart Home Co., Ltd.*

海 爾 智 家 股 份 有 限 公 司

(a joint stock company incorporated in the People's Republic of China with limited liability)

Stock Code: 6690

ANNOUNCEMENT

RESIGNATION OF DIRECTOR

AND

PROPOSED ELECTION OF INDEPENDENT

NON-EXECUTIVE DIRECTOR

The board of directors (the ''Board'') of Haier Smart Home Co., Ltd. (the ''Company'', together with its subsidiaries as the ''Group'') announces that:

RESIGNATION OF DIRECTOR

The Board received a written resignation letter from Ms. TAN Lixia (''Ms. TAN''), a non-executive director of the Company on 30 March 2021, who tendered her resignation as the Company's vice president and director, member of Remuneration and Appraisal Committee under the Board, and member of each phase's Employee's Equity Ownership Plan Management Committee of the Company due to working reason that she intends to devote more time and effort on other business she is responsible for. Ms. TAN will cease to serve any position of the Company upon her resignation.

Pursuant to the relevant provisions of Company Law of the People's Republic of China (the ''PRC Company Law'') and the Articles of Association (the ''Articles of Association'') of Haier Smart Home Co., Ltd., the resignation of Ms. TAN would not cause the number of members of the Board to fall below the minimum number as required by the laws. Therefore, the aforesaid resignation letter will be effective from the date it is delivered.

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The resignation of Ms. TAN will not affect the normal production and operation of the Company. Ms. TAN was fully devoted to perform her duties, diligent and responsible during her term of office as the director and abovementioned positions of the Company and played an proactive role to offer many support in several aspects, including strategic development, corporate governance and capital operation of the Company. Ms. TAN confirms that she has no disagreement with the Board, and there are no other matters that should be brought to the attention of the shareholders of the Company. The Company would like to express its sincere gratitude to Ms. TAN for her contributions to the Company during her tenure of office.

PROPOSAL ON ELECTION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The term of office of six years of Mr. DAI Deming, the current independent non-executive director of the Company, will expire soon. He will cease to hold any office in the Company upon the election of a new independent non-executive director at the general meeting of the Company. The Company would like to express its heartfelt gratitude to Mr. DAI Deming for his contributions to the Company during his tenure as the independent non-executive director of the Company.

To ensure the normal operation of the Board, according to the relevant provisions of the PRC Company Law and the Articles of Association as well as the opinions of the Nomination Committee under the Board, the Board hereby nominates Mr. WU Qi (''Mr. WU'') as the independent non-executive director of the 10th session of the Board, whose term of office shall be the same as the 10th session of the Board. The Board also agreed to submit such proposal at the Company's Annual General Meeting of 2020 (the ''AGM'') for consideration and approval. His qualifications as the independent non-executive director have been filed with the Shanghai Stock Exchange with no objection. The biographical details of Mr. WU are set out as below:

Mr. WU Qi, born in 1967. He graduated from Zhejiang University with a Bachelor's degree majoring in national economic management in 1990, thereafter he graduated from Renmin University of China with an on-the-job Master's degree majoring in Money and Banking in 1995 and China Europe International Business School with an EMBA in 2002, respectively. He has 25 years of work and management experience in world-class management and consulting companies. He is currently a senior consultant for Foxconn's D sub-business group strategy and intelligent manufacturing and a consultant of Xnode, a famous accelerator for startups. He served as the vice president (Global) and vice chairman (Greater China) of Accenture, and the chairman of Shun Zhe Technology Development Co., Ltd. He was a member and the president (Greater China) of Roland Berger's Global Management Committee, a member of Roland Berger's Global Supervisory Board, and non-executive director of Grinm Advanced Materials Co., Ltd. (a company listed on the Shanghai Stock Exchange, stock code: 600206.SH) (resigned in April 2018). He was awarded 2015 Outstanding Talent in Jing'an District, Shanghai. Mr. WU's past experience in consulting industry involves transportation/logistics, high-tech manufacturing, tourism, finance, consumer goods, real estate, government departments

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and other industries. His has extensive experience in fields such as development strategy, organizational change, sales and brand strategy, corporate innovation, digital transformation and intelligent manufacturing, post-merger integration, regional industrial and economic development and upgrading. He is a well-known expert in Industry 4.0, transportation and regional planning and development in the PRC. He served as a consultant for Hangzhou Bay Development Planning, a member of the Intelligent Manufacturing Expert Committee of the Shenzhen Municipal Government, deputy head of the 13th Five-Year Planning Expert Committee of Zhengzhou City, Henan Province, vice chairman of China Cold Chain Alliance and other social positions.

As of the date of the announcement, save as disclosed in this announcement, in the past three years, Mr. WU has not held any directorship in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas, nor served other positions in other members of the Group, and does not have any other major appointments or professional qualifications. Mr. WU does not have other relationship with any directors, supervisors, senior management or substantial shareholders or controlling shareholders of the Company and does not hold any interest in the shares of the Company or its associated companies within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). There is or was no information in relation to the appointment of Mr. WU which is required to be disclosed pursuant to the requirements set out in 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited nor are there any matters which need to be brought to the attention of the shareholders of the Company.

If the appointment is approved, the Company will enter into a service contract with Mr. WU. The director's fee would be RMB200,000 if appointed.

A circular containing, among other things, the relevant information on the proposed election of independent non-executive directors, together with the notice of convening the AGM, will be despatched to the shareholders of the Company in due course.

By order of the Board

Haier Smart Home Co., Ltd.*

LIANG Haishan

Chairman

Qingdao, the PRC

30 March 2021

As at the date of this announcement, the executive directors of the Company are Mr. LIANG Haishan, Mr. LI Huagang and Mr. XIE Juzhi; the non-executive directors are Mr. WU Changqi, Mr. LIN Sui, Mr. YU Hon To, David and Ms. Eva LI Kam Fun; and the independent non-executive directors are Mr. DAI Deming, Mr. CHIEN Da-Chun, Mr. WONG Hak Kun and Mr. LI Shipeng.

• For identification purpose only

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