Haier Smart Home Co.,Ltd.: Announcement on Results of Conversion of Convertible Bonds and Changes in Share Capital

Announcement on Results of Conversion of Convertible Bonds and Changes in Share Capital Qingdao / Shanghai / Frankfurt, 2 July 2019 - Haier Smart Home Co., Ltd. (formerly known as Qingdao Haier Co., Ltd.) (D-Share ISIN CNE1000031C, A-Share ISIN CNE000000CG9, "Haier Smart Home" or the "Company") published a mandatory announcement in accordance with applicable trading rules of the Shanghai Stock Exchange and applicable PRC laws in relation to the results of the conversion of the Haier Convertible Bonds into shares of the Company.

As at 28 June 2019, a total amount of RMB712,000 of Haier Convertible Bonds have been converted into 48,856 shares of the Company, representing 0.001% of the total number of issued shares of the Company immediately before the conversion. Following the conversion, as at 28 June 2019, an amount of RMB3,006,778,000 of Haier Convertible Bonds remained outstanding, representing 99.976% of the total value of the issued Haier Convertible Bonds.

Changes in the share capital of the Company immediately after the conversion of the Convertible Bonds are shown as follows:

Unit: shares

For information please see the Announcement on Conversion of Convertible Bonds and Changes in Share Capital published on Company's website underhttp://www.haier.net/en/investor_relations/haier/gsgg/.IR contact: Yao Sun (Sophie) - Haier Smart Home Germany T: +49 6172 9454 143 F: +49 6172 9454 42143 M: +49 160 9469 3601 Email: y.sun@haier.de