Haier Smart Home Initiates D-Share Buy-back

Haier Smart Home Co., Ltd. has launched a voluntary buy-back offer for up to 81,044,512 D-shares at EUR 1.87. This initiative corresponds to approximately 30% of the currently issued D-shares and aims to enhance shareholder returns. The buy-back address' shares listed on Frankfurt Stock Exchange.

The company's chairman, Mr. Huagang Li, emphasized that the offer allows D-shareholders a chance to efficiently realize their investments. The price per share is positioned 5% above the recent closing price, making it a potentially attractive proposition for current shareholders. This move aligns with a previous announcement in April 2026.

The acceptance period is from September 4 to September 29, 2026. If the shares tendered exceed the offer, the acceptance will be handled on a pro-rata basis. All acquired shares will subsequently be canceled. The offer is limited to Germany under German law.