Haier Smart Home : ANNOUNCEMENT ESTABLISHMENT OF THE ENVIRONMENTAL, SOCIAL AND GOVERNANCE COMMITTEE AND ADJUSTMENT OF MEMBERS OF THE SPECIFIC COMMITTEES OF THE BOARD

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Haier Smart Home Co., Ltd.*

ऎဧ౽࢕ٰ΅Ϟࠢʮ̡

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

Stock Code: 6690

ANNOUNCEMENT

ESTABLISHMENT OF THE ENVIRONMENTAL,

SOCIAL AND GOVERNANCE COMMITTEE

AND

ADJUSTMENT OF MEMBERS OF THE SPECIFIC COMMITTEES OF THE BOARD

The board of directors (the ''Board'') of Haier Smart Home Co., Ltd. (the ''Company'') hereby announces that, the Board meeting held on 5 March 2021 considered and approved, inter alia, the resolutions in relation to the establishment of the environmental, social and governance committee and the adjustment of composition of the specific committees of the Board as follows:

ESTABLISHMENT OF THE ENVIRONMENTAL, SOCIAL AND GOVERNANCE COMMITTEE

To better implement the ecological brand strategy of the Company in the age of the Internet of Things, integrate the idea of ''Social, Environmental and Corporate Governance'' into the corporate strategy, promote sustainable development, generate long-term value for all stakeholders and build a green, intelligent and mutual beneficial eco system of the Internet of Things, the Board of the Company establishes the ''Environmental, Social and Governance Committee'' (the ''ESG Committee'') in accordance with the Code of Corporate Governance for Listed Companies issued by the China Securities Regulatory Commission, the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and other relevant regulations. The ESG Committee serves as the specific working body for evaluating the Company's working progress on the environmental, social and governance (ESG) responsibilities and the risks and opportunities it faces, and formulating the Company's ESG vision, goals and strategies.

The ESG Committee strives to improve and enhance the Company's capabilities of managing environment and social responsibilities, and to promote the sustainable development of the Company. The responsibilities and authorities of the ESG Committee are as follows:

• 1. to guide and review the formulation of the Company's ESG vision and strategies, and report to the Board and make recommendations;

• 2. to identify and evaluate the Company's ESG-related risks and opportunities, and report to the Board and make recommendations;

• 3. to review the progress of the Company's ESG work and internal control system, report to the Board on its appropriateness and effectiveness and make recommendations;

• 4. to review and supervise the objectives and implementation of the Company's ESG-related work, and report to the Board and make recommendations;

• 5. to review the social responsibility report disclosed by the Company and report to the Board and make recommendations;

• 6. to study and make recommendations on other material and unexpected matters which impact on the ESG-related issue of the Company;

• 7. to inspect the implementation of the above matters;

• 8. other matters authorized by the Board.

The composition personnel of the ESG Committee intended to be appointed include Eva LI Kam Fun, LI Huagang, LIN Sui, Chien Da-Chun, and Eva LI Kam Fun serves as the chairman (convener). The terms of office of the above members are effective from the date of consideration and approval by the Board, and the terms of office shall expire at the conclusion of the terms of office of the Tenth Board.

ADJUSTMENT OF MEMBERS OF THE SPECIFIC COMMITTEES OF THE BOARD

Based on the development needs of the Company's business and the requirements of the relevant regulatories, the Board has agreed to make adjustment to the audit committee and the strategic committee.

The composition of the specific committees of the Tenth Board after adjustment are as follows:

Specific CommitteeMember

Chairman (Convener)

Strategic Committee

LIANG Haishan, XIE Ju Zhi, WU Changqi, LIN Sui, CHIEN Da-Chun, WONG Hak Kun, DAI Deming, LI Shipeng

LIANG HaishanAudit Committee

DAI Deming, YU Hon To, David, LIN Sui, CHIEN Da-Chun, WONG Hak Kun

DAI DemingThe terms of office of the above members of the specific committees are effective from the date of consideration and approval by the Board, and the terms of office shall expire at the conclusion of the terms of office of the Tenth Board.

By order of the Board

Haier Smart Home Co., Ltd.*

Mr. LIANG Haishan

Chairman

Qingdao, the PRC

5 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 Ju Zhi, the non-executive directors are Ms. TAN Lixia, 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