2021 ANNUAL REPORT

This annual report (in both English and Chinese versions) has been posted on the Company's website atwww.mi.comand the Stock Exchange's website atwww.hkexnews.hk. Shareholders who have chosen to rely on copies of the corporate communications (including but not limited to annual report and (where applicable) summary financial report, interim report and (where applicable) summary interim report, notice of meeting, listing document, circular and proxy form) posted on the aforesaid websites in lieu of any or all the printed copies thereof may request the printed copy of the annual report.

Shareholders who have chosen or are deemed to have consented to receive the corporate communications using electronic means and who have difficulty in receiving or gaining access to the annual report posted on the Company's website will promptly upon request be sent the annual report in printed form free of charge.

Shareholders may at any time choose to change their choice of means of receipt (in printed form or by electronic means through the Company's website) and language (in English only, in Chinese only or in both Chinese and English) of all future corporate communications from the Company by sending reasonable prior notice in writing by post to the Hong Kong Share Registrar at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong or by email atxiaomi.ecom@computershare.com.hk.

CONTENTS

CORPORATE INFORMATION 4

FIVE-YEAR FINANCIAL SUMMARY 6

CHAIRMAN'S STATEMENT 8

MANAGEMENT DISCUSSION AND ANALYSIS 17

DIRECTOR'S REPORT 45

CORPORATE GOVERNANCE REPORT 103

ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 122

INDEPENDENT AUDITOR'S REPORT 179

CONSOLIDATED FINANCIAL STATEMENTS 186

DEFINITIONS 342

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XIAOMI CORPORATION

We relentlessly build amazing products with honest prices to let everyone in the world enjoy a better life through

innovative technology

2021 ANNUAL REPORT

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Disclaimer

Xiaomi Corporation published this content on 22 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 10:44:07 UTC.