ARÇELİK A.Ş.

Transaction in Own Shares • Jul 1, 2021

Summary Info	Initiation of Share Buy-Back
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Company Performs the Buy-Back	ARÇELİK A.Ş.
Company Subject to Buy-Back	ARÇELİK A.Ş.

Type Of Buy-Back	Other
The Purpose of Buy-Back	It has been evaluated that the share price does not reflect the actual performance of the Company therefore share buy-back is planned to contribute to healthy price formation.
Board Decision Date	01.07.2021
Number Of Shares To Be Acquired	6.757.282.050
Maximum Amount To Be Paid (TL)	2.400.000.000

Additional Explanations

Our Company's Board of Directors has made the following decisions; A s a result of the developing marketplace, market conditions, the effects of global economic developments on the sector in which we operate and their reflections on the Turkish capital markets, Arçelik A.Ş.'s market capitalization in Borsa İstanbul has been evaluated as not reflecting the actual performance of the Company's activities, therefore in order to contribute to the formation of healthy prices;

· Initiating of buy-back Company shares on the Stock Exchange with respect to the announcements made by the Capital Markets Board of Turkey on 21.07.2016, 25.07.2016 & 23.03.2020.

· To determine the maximum number of shares, which may be subject to the buy-back, as TL67,572,820.50.- nominal (6,757,282,050 shares at a nominal value of 1 kuruş each), corresponding to 10% of the Company's issued capital.

· To determine the maximum amount of funds to be allocated for the share buy-back as TL2,400,000,000,

· By taking the buy-back process to be carried out on the agenda of the first general assembly meeting to be held and submitted to the information and approval of the shareholders at the general assembly,

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.