HAIER SMARTHOME (06690) plans to repurchase shares and initiate a D-share repurchase program.

HAIER SMARTHOME (06690) announced that the Board of Directors has decided to utilize the authorization granted by the Annual General Meeting of Shareholders held on May 28, 2025, to repurchase shares and initiate a share buyback plan for D shares, with a maximum repurchase amount of up to 2 million euros (excluding additional repurchase costs) (Share Repurchase Plan). The D shares repurchased under the Share Repurchase Plan will be cancelled, thereby reducing the company's capital. The company believes that this capital reduction will have a positive impact on its capital structure. According to the share repurchase plan, the company will repurchase up to 1 million shares of the company's D shares, equivalent to approximately 0.369% of the company's current D share capital. The share repurchase plan will be conducted through the XETRA trading system of the Frankfurt Stock Exchange and selected multilateral trading facilities within the European Union. The share repurchase plan will commence on or around January 21, 2026, and continue until February 13, 2026.