Haier Smart Home Considers D-Shares Buy-back

Haier Smart Home Co., Ltd. has announced its intention to offer a voluntary buy-back of up to 30% of its D Shares. This decision is contingent on securing necessary legal and regulatory approvals, and is subject to prevailing market conditions. The proposed transaction could involve as many as 81,044,512 D Shares, with a cash consideration per share not exceeding 5% of the closing price on the Frankfurt Stock Exchange prior to the announcement.

Approval from shareholders in both general and class meetings is required for the offer to proceed. No definitive decision has been made on whether the buy-back will be executed. The announcement aligns with the company's strategic financial measures, as disclosed under Article 17 of the Market Abuse Regulation (MAR).