ARÇELİK A.Ş.

Notice of Dividend Amount • Mar 19, 2018

Summary Info	General Assembly decision on dividend distribution of 2017.
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	16.02.2018
Date of Related General Assembly	19.03.2018
Was The Issue of Dividend Payment Negotiated?	Discussed
Type of Cash Dividend Payment	Payment In Advance
Currency Unit	TRY
Type of Stock Dividend Payment	Will Not Be Paid

Amount and Rate of Cash Dividend Payment

Share Group Info	Payment	Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (TL)	Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (%)	Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (TL)	Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (%)
ARCLK, TRAARCLK91H5	Payment In Advance	0,64375	64,375	0,54719	54,719

Cash Dividend Payment Dates

Payment	Proposed Ex-Dividend Date	Final Ex-Dividend Date	Payment Date	Record Date
Payment In Advance	26.03.2018	26.03.2018	28.03.2018	27.03.2018

Amount and Rate of Cash Dividend Stock Dividend Payment

Share Group Info	Amount of Stock Dividend (TL)	Rate of Stock Dividend (%)
ARCLK, TRAARCLK91H5	0	0

Additional Explanations

According to Capital Markets Board's Communiqué Series II, 14.1, in our financial statements for year 2017 consolidated net term profit of our Company in 2017 is TL 845,302,565.23 and net profit belonging to equity holders of the parent is TL 842,948,256.97.

A total of TL 435,000,000 gross cash dividends will be paid to the Shareholders as per Turkish Commercial Code, Capital Markets Law and our Company's Articles of Association and Profit Distribution Policy,

To our shareholders which are full taxpayer institutions or limited taxpayer institutions obtaining dividend through a workplace or permanent representatives in Turkey; dividend to be paid at the rate of 64.375 % and TL 0.64375 gross= net cash for shares at the nominal value of TL 1.00 ;

And gross cash dividend of TL 0.64375 at the rate of 64.375% and net cash dividend of TL 0.54719 at the rate of 54.719% for shares with a nominal value of TL 1.00 to be paid to our other shareholders, and;

Profit distribution start date will be March 26, 2018.

Dividend payment and start date were accepted by Shareholders' General Assembly.

Supplementary Documents

Appendix: 1	Kar Dağıtım Tablosu 19.03.2018.pdf

DIVIDEND DISTRIBUTION TABLE

ARÇELİK A.Ş. 01.01.2017/31.12.2017 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	675.728.205
2. Total Legal Reserves (According to Legal Records)	368.995.245,83
Information on privileges in dividend distribution, if any, in the Articles of Association:	-

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	818.542.748,65	376.451.986,01
4. Taxes Payable (-)	-24.405.508,32	1.023.673,87
5. Net Current Period Profit	842.948.256,97	375.428.312,14
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	0	0
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT	842.948.256,97	375.428.312,14
Dividend Advance Distributed (-)	0	0
Dividend Advance Less Net Distributable Current Period Profit	842.948.256,97	0
9. Donations Made during the Year ( + )	12.207.012,88	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	855.155.269,85	0
11. First Dividend to Shareholders	427.577.634,93	0
* Cash	427.577.634,93	0
* Stock	0	0
12. Dividend Distributed to Owners of Privileged Shares	0	0
13. Other Dividend Distributed	0	0
* To the Employees	0	0
* To the Members of the Board of Directors,	0	0
* To None Shareholders	0	0
14. Dividend to Owners of Redeemed Shares	0	0
15. Second Dividend to Shareholders	7.422.365,07	0
16. Secondary Legal Reserves	40.121.358,98	0
17. Statutory Reserves	0	0
18. Special Reserves	0	0
19. EXTRAORDINARY RESERVES	367.826.898	0
20. Other Distributable Resources	0	90.630.042,58

Dividend Rates Table

Share Group	CASH DIVIDEND AMOUNT (TL) - NET	STOCK DIVIDEND AMOUNT (TL)	TOTAL DIVIDEND AMOUNT (TL) / NET DISTRIBUTABLE CURRENT PERIOD PROFIT (%)	DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (TL)	DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (%)
- - -	412.820.813,25	0	48,97	0,5472	54,72
TOTAL	412.820.813,25	0	48,97	0,5472	54,72

Dividend Payment Table Explanation

(*) There is no privileged share group in the profit.

(**) The dividend shall be distributed from 344,369,957.42 TL current year earnings and 90,630,042.58 TL extraordinary reserves.The withholding tax shall be charged to such non-exempted portion of individual taxpayers. For the purpose of calculating the total net dividend to be distributed, a calculation free of withholding tax shall be done for such portion that corresponds to the share of corporate shareholders which are known to be exempt from the withholding tax while the calculation for the entire unknown portion is based on the assumption that withholding tax shall be charged.