Haier Smart Home Co., Ltd.: Dividend announcement

EQS-News: Haier Smart Home Co.,Ltd. / Key word(s): Dividend Haier Smart Home Co., Ltd.: Dividend announcement 26.07.2024 / 16:00 CET/CEST The issuer is solely responsible for the content of this announcement. Haier Smart Home Co., Ltd.

Qingdao, Shandong Province, People's Republic of China

Dividend announcement
The Annual General Meeting of the company held on June 20, 2024, resolved to pay for each D registered common share a

dividend per share of EUR 0.1043413 gross

dividend per share of EUR 0.0939072 less 10% withholding tax in China

payable from August 16, 2024

for financial year 2023. Those shareholders for whom shares in the company will be booked on August 15, 2024, (date of record) are entitled to a dividend.

The exchange rate of 1 EUR = 7.6797 RMB is based on the average exchange rate of a week immediately prior to the Annual General Meeting.

The shares of the company will be listed in the sub-segment of the regulated market with additional post-admission obligations on the Frankfurt Stock Exchange (Prime Standard) from August 16, 2024 “ex-dividend.”

The payment of the dividend via Clearstream Banking AG is generally subject to the deduction of Chinese withholding tax of 10%. The Chinese withholding tax can generally be credited against the German income tax payable on Chinese income or be deductible for tax purposes when determining income.

A domestic entity paying out the investment income (i.e., as a rule, the respective custodian) will generally pay the dividends of a company domiciled in the People’s Republic of China to the shareholder, who is subject to unlimited tax liability in Germany, subject to the deduction of German withholding tax (final withholding tax). The withholding tax is generally 25% plus a solidarity surcharge of 5.5% (effective tax rate thus 26.375%) and, if applicable, plus church tax (depending on the individual’s religious denomination and state of residence). The gross dividend serves as the basis of assessment for the capital gains tax.