ARÇELİK A.Ş.

Notice of Dividend Amount • Mar 23, 2017

Summary Info	Ordinary General Assembly Dividend Distribution Decision
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	20.02.2017
Date of Related General Assembly	23.03.2017
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	0,62895	62,895	0,53461	53,461

Cash Dividend Payment Dates

Payment	Proposed Ex-Dividend Date	Final Ex-Dividend Date	Payment Date	Record Date
Payment In Advance	03.04.2017	03.04.2017	05.04.2017	04.04.2017

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

In our Company's General Assembly Meeting held on Thursday 23rd March 2017, at 10:00 a.m. at Divan Istanbul Hotel, Asker Ocağı Caddesi No: 1 34367 Elmadağ Şişli, Istanbul, the following decision for dividend payment of the year 2016 was made in summary.

- The proposal of the Company's Board of Directors related to profit distribution for the year 2016 was discussed. It was accepted to distribute a Gross Cash Dividend of TL 425,000,000.- from the consolidated profit calculated in accordance with CMB Regulations,

-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 62.9 % and TL 0.62895 gross= net cash for shares at the nominal value of TL 1.00 ;

-And gross cash dividend of TL 0.62895 at the rate of 62.9% and net cash dividend of TL 0.53461 at the rate of 53.5% for shares with a nominal value of TL 1.00 to be paid to our other shareholders and dividend distribution commencement date as 3rd April 2017, Monday.

Supplementary Documents

Appendix: 1	Kar Dağıtım Tablosu 23.03.2017.pdf

DIVIDEND DISTRIBUTION TABLE

ARÇELİK A.Ş. 01.01.2016/31.12.2016 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	675.728.205
2. Total Legal Reserves (According to Legal Records)	329.873.886,85
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	1.197.443.465,77	400.144.827,81
4. Taxes Payable (-)	-102.468.349,02	13.221.486,28
5. Net Current Period Profit	1.299.911.814,79	386.923.341,53
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	0	0
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT	1.299.911.814,79	386.923.341,53
Dividend Advance Distributed (-)	0	0
Dividend Advance Less Net Distributable Current Period Profit	1.299.911.814,79	386.923.341,53
9. Donations Made during the Year ( + )	15.218.502,75	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	1.315.130.317,54	0
11. First Dividend to Shareholders	425.000.000	0
* Cash	425.000.000	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	0	0
16. Secondary Legal Reserves	39.121.358,98	0
17. Statutory Reserves	0	0
18. Special Reserves	0	0
19. EXTRAORDINARY RESERVES	835.790.455,81	0
20. Other Distributable Resources	0	70.180.015,86

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 (%)
- - -	384.020.436,88	0	29,54	0,5346	53,46
TOTAL	384.020.436,88	0	29,54	0,5346	53,46

Dividend Payment Table Explanation

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

(**) The dividend shall be distributed from 354,819,984.14 TL current year earnings and 70,180,015.86 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.