Midea Group vice president resigns, shareholdings to be managed per regulations

Midea Group Co., Ltd. announced today that Fu Yongjun has submitted his resignation as vice president due to personal reasons. Fu Yongjun will not hold any other positions within the company following his departure, which will be effective from December 26, 2025.

As of the date of this announcement, Fu Yongjun holds 200,000 shares of the company's stock. The management of these shares will adhere to relevant regulations, including the "Shenzhen Stock Exchange Stock Listing Rules," "Shenzhen Stock Exchange Self-Regulatory Guidelines No. 10 - Share Fluctuation Management," and "Shenzhen Stock Exchange Self-Regulatory Guidelines No. 18 - Reduction of Shares by Shareholders, Directors, Supervisors, and Senior Management Personnel."

The company's board of directors extended its sincere gratitude to Fu Yongjun for his contributions to the company's development during his tenure as vice president.