ARÇELİK A.Ş. — Capital/Financing Update 2021

May 18, 2021

Summary Info	Developments regarding the issuance of debt instruments for sale to non-residents
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	24.02.2021
Issue Limit	1.000.000.000
Currency Unit	USD
Issue Limit Security Type	Debt Securities
Sale Type	Oversea
Domestic / Oversea	Oversea
Capital Market Board Application Date	24.02.2021
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	18.03.2021
Expiry Date of Issue Limit	18.03.2022

Additional Explanations

For the debt instrument issuance, which is the subject of our "Resolution on debt securities issuance abroad and CMB application" dated February 24, 2021, J.P. Morgan Securities plc, Merrill Lynch International and MUFG Securities EMEA plc are mandated. A series of online investor meetings will be held with the participation of senior executives of our company, which is planned to start on May 18, 2021. The bond to be sold to investors abroad in the Regulation S format is rated with a BB+ (outlook stable) rating from S&P and a BB (outlook positive) rating from Fitch. The amount of the bonds to be issued and the conditions of issuance will be determined following the aforementioned meetings. The Green Finance Framework and Second Party Opinion are shared with the public on our corporate website www.arcelikglobal.com. 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.