Gree Electric Appliances of Zhuhai : 格力电器：2022年年度报告(英文版)

2022 Annual Report of Gree Electric Appliances, Inc. of Zhuhai

Gree Electric Appliances, Inc. of Zhuhai

2022 Annual Report

April 2023

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2022 Annual Report of Gree Electric Appliances, Inc. of Zhuhai

2022 Annual Report

Section I Important Notice, Contents and Paraphrase

The Board of Directors, Board of Supervisors, directors, supervisors and senior executives of the Company hereby guarantee that the contents are authentic, accurate and complete, without false records, misleading representations or material omissions in the Annual Report, and shall take all the joint and several legal liabilities.

Dong Mingzhu, the Company's responsible person, Liao Jianxiong, responsible person in charge of accounting work and Liu Yanzi, the Accounting Department's responsible person (accounting superintendent) hereby declare and warrant that the financial report in the Annual Report is authentic, accurate and complete.

All the directors have attended the meeting of the Board of Directors in respect of deliberation of the Annual Report.

The forward-looking statements such as future plans and development strategies in the Annual Report do not constitute a substantive commitment of the Company to investors. Investors and relevant persons should therefore make rational investment based on an awareness of risk factors attendant in investment and understand the differences between plans, forecasts and commitments.

The Company's profit distribution proposal passed upon deliberation at the meeting of the Board of Directors is set out as below: Based on the total share capital of 5,613,841,613 shares enjoying profit distribution rights at

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2022 Annual Report of Gree Electric Appliances, Inc. of Zhuhai

the time of disclosure of this profit distribution plan (the total stock capital of 5,631,405,741 shares excluding the 17,564,128 shares held in the repurchase account of the Company), the Company plans to distribute all shareholders a cash dividend of RMB10 (tax included) per 10 shares, but does not plan to give any bonus share or convert any capital reserves into share capital.

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2022 Annual Report of Gree Electric Appliances, Inc. of Zhuhai

Contents
Section I Important Notice, Contents and Paraphrase	2
Section II Company Profile and Main Financial Indicators	7
Section III Management Discussion and Analysis	12
Section IV Corporate Governance	58
Section V Environmental and Social Responsibility	82
Section VI Important Matters	131
Section VII. Changes in Shares and Shareholders	155
Section VIII Preferred Share Related Information	166
Section IX Bond Related Information	167
Section X Financial Statements	170

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2022 Annual Report of Gree Electric Appliances, Inc. of Zhuhai

References

1. The accounting statements signed and sealed by Dong Mingzhu, the legal representative, Liao Jianxiong, responsible person in charge of accounting work and Liu Yanzi, the Accounting Department's responsible person.

1. The original audit report sealed by Union Power Certified Public Accountants (Special General Partnership) with signatures and seals of certified public accountants Wu Zihao and Qiu Yiwu.

1. Originals and original drafts of all the Company's documents and announcements published on the newspapers designated by CSRC and on CNINFO (http://www.cninfo.com.cn) within the report period.

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