DGAP-AGM: Haier Smart Home Co.,Ltd.: Announcement of the Convening of the General Meeting in Qingdao City on Tuesday, 31 March 2020 at 14:00 according to article 121 AktG (German Stock Companies Act) with the objective of Europe-wide distribution

Haier Smart Home Co., Ltd.
Qingdao City, China

ISIN D-Shares: CNE1000031C1
ISIN A-Shares: CNE000000CG9

hereby invites all holders of D-Shares (D-Shareholders) to attend the

Extraordinary General Meeting of Shareholders 2020

(the "General Meeting")

on Tuesday, 31 March 2020 at 14:00 (CST)

at Haier University, Room A108, Haier Information Park,
No.1 Haier Road, Laoshan District, Qingdao City, China.

I. Agenda Items

1. Proposal on Amending the "Articles of Association" of Haier Smart Home Co., Ltd.

The Board of Directors of the Company has considered and approved the Proposal on Amending the "Articles of Association" of Haier Smart Home Co., Ltd. on 21 November 2019.

The Articles of Association of the Company shall be amended with respect to the notice periods and other requirements for convening and attending at general meetings of shareholders. In particular, the notice period for convening general meetings of shareholders shall be reduced from 45 days to 20 days for annual general meetings and to 15 days for extraordinary general meetings. Further, notification requirements for shareholders wishing to attend the general meetings as well as the quorum requirement for the general meetings shall be removed.

For details, please refer to the Announcement on Amending the "Articles of Association" of Haier Smart Home Co., Ltd., published on the Company's website under http://www.haier.net/en/investor_relations/haier/gsgg/corporatenews/.

The proposal is submitted to the General Meeting of the Company for consideration and approval.

2. Proposal on Amending the "Rules of Procedure for the General Meeting" of Haier Smart Home Co., Ltd.

The Company intends to amend the Rules of Procedure for the General Meeting of Haier Smart Home Co., Ltd. (hereinafter referred to as the "Rules of Procedure for the General Meeting") subject to the requirements of laws and regulations and actual condition of the Company.

The Rules of Procedure for the Shareholders' General Meeting shall be amended in accordance with the above described amendments to the Articles of Association.

For details, please refer to Appendix "Proposed Amendments to the Rules of Procedure for the Shareholders' General Meeting of Haier Smart Home Co., Ltd." of the Announcement on the Resolutions of the 5^th Meeting of the 10^th Session of the Board of Directors, published on the Company's website under http://www.haier.net/en/investor_relations/haier/gsgg/corporatenews/.

The proposal is submitted to the General Meeting of the Company for consideration and approval.

II. Preconditions for attending the General Meeting and for exercising voting rights

Only those shareholders are entitled to attend the General Meeting and to cast votes (including exercising their voting right by absentee vote) whose names are entered in the Company's share register after close of the Frankfurt Stock Exchange on 23 March 2020 (Record Date) and whose registration for the General Meeting is received by the Company during the registration period until 30 March 2020, 18:00 (CEST) at the following address

Haier Smart Home Co., Ltd.
c/o Computershare Operations Center
80249 München
Telefax: +49 89 30903-74675
E-Mail: [email protected]

in German or English language.

Shareholders are advised that they may freely dispose of their shares even after registration to the General Meeting. The only criterion for participating in the General Meeting and the number of voting rights to be exercised in relation to the Company is the number of shares held by a shareholder as of the Record Date, i.e. any disposal or other transfer of shares after the Record Date will not have any effect on a shareholder's rights to participate in the meeting or the number of voting rights to be exercised. The same will apply to any acquisition of shares after the Record Date. A person who does not hold any shares on the Record Date and becomes a shareholder only after that date will not have a right to either vote at, or participate in the General Meeting.

III. Voting through a proxy or by absentee vote

1. Voting through a proxy

Shareholders may also have their voting rights and other rights exercised at the General Meeting by an authorised party after issuing a corresponding proxy. In the case of a proxy, timely registration of the holding of shares concerned is always necessary pursuant to the above rules under II.

The Company also offers its shareholders the option of authorising proxies named by the Company. These proxies shall exercise voting rights as instructed in the event of their authorisation and are not authorised to exercise voting rights without a specific instruction from the shareholder. Nor do proxies named by the Company accept instructions to speak, to raise objections to AGM resolutions, to ask questions or to table motions.

Any issuance of a proxy, its revocation and evidence thereof in dealings with the Company must be in writing. If a shareholder authorises more than one proxy, the Company may reject one or more. Shareholders may also use the registration form for the General Meeting to issue proxies and instructions. This form is sent to the shareholders duly entered in the share register, along with the invitation to the General Meeting. The form will also be available for download on the Company's website at http://www.haier.net/en/investor_relations/haier/gsgg/ShareholdersMeeting/. Shareholders are asked to use this form as far as possible to grant proxies and to issue instructions.

Any authorisations, evidence of proxies and the issuance of instructions to the proxies named by the Company may be posted, faxed or e-mailed prior to the General Meeting to the above address under II. by 30 March 2020, 18:00 (CEST) (arriving). Any posted, faxed or e-mailed authorisations, evidence of proxies and instructions to the proxies named by the Company received after this time cannot be considered. Evidence of authorisations can still be submitted in writing on the day of the General Meeting at the entrance and exit check point.

2. Voting by absentee vote

Shareholders may also exercise their voting rights at the General Meeting by absentee vote. In the case of absentee voting, too, timely registration of the holding of shares concerned is always necessary under the provisions of II. above.

Absentee votes may be sent to the Company by 30 March 2020, 18:00 (CEST) (arriving) to the address mentioned above under II. Shareholders may use the registration form for the General Meeting for absentee voting as well. This form is sent to the shareholders duly entered in the share register, along with the invitation to the General Meeting. The form will also be available for download on the Company's website at http://www.haier.net/en/investor_relations/haier/gsgg/ShareholdersMeeting/. Shareholders are asked to use this form for absentee voting wherever possible. Absentee voting does not preclude attendance at the General Meeting. The personal attendance of a shareholder or an authorised third party at the General Meeting shall be deemed to be a revocation of a previously given absentee vote.

IV. Publications on the Company's Internet page

The content of this invitation to the General Meeting and further documents in relation to the agenda items (including the underlying resolutions and opinion of the independent directors of the Company) are available on the Company's website at http://www.haier.net/en/investor_relations/haier/gsgg/ShareholdersMeeting/. Further documents will be uploaded on the Company website before the day of the General Meeting. After the General Meeting, the voting results will be made available at the same website address.

V. Total number of shares and voting rights at the time of convening

At the time of convening the General Meeting, the total number of the issued shares of the Company amounts to 6,579,566,627 registed shares with a par value of RMB 1.00 each, comprising of 6,308,552,654 A-Shares and 271,013,973 D-Shares. Each of the A-Shares and D-Shares grants one vote at the General Meeting. Hence, the total number of voting rights at the time of convening the General Meeting amounts to 6,579,566,627.

Qingdao City, China, 14 February 2020

Haier Smart Home Co., Ltd.
The Board of Directors