ARÇELİK A.Ş.

M&A Activity • Jun 29, 2018

Summary Info	Registration for partial demerger via facilitated procedure transaction through associate model
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	09.04.2018
Demerger Model	Partial demerger through associate model
Title of New Company/Companies Established After Demerger	WAT MOTOR SANAYİ VE TİCARET A.Ş. , TOKEN FİNANSAL TEKNOLOJİLER A.Ş.
Scope of Activities of Company Established After Demerger	WAT: To produce pure mono-trifaze, electronically controlled motors and components, gearbox and power transmission equipment, to develop servo and electric transport sub-systems, motion control equipment and software, to sell in local market and overseas TOKEN : To develop innovative retail and payment solutions and value-added services, to combine with new services such as sales and order automation and mobile payment, to spread solutions on a global scale
Will Be Applied to Stock Exchange For Listing of New Established Company?	No
Currency Unit	TRY
Date Of Financial Statements Base To Demerger	31.12.2017
Paid-in Capital (TL)	675.728.205
Target Capital (TL)	675.728.205

Share Group Info	Paid-in Capital (TL)	Share Exchange Rate	Capital To Be Decreased Due To Demerger (TL)	Capital To Be Decreased Due To Demerger (%)	Amount Of Bonus Issue From Internal Resources Due to Demerger (TL)	Rate Of Bonus Issue From Internal Resources Due to Demerger(%)	New Shares' ISIN	Amount of Shares Issued Due To Demerger
ARCLK, TRAARCLK91H5	675.728.205

Capital Market Board Application Date Regarding Demerger	10.04.2018
Capital Market Board Application Result Regarding Demerger	APPROVAL
Capital Market Board Approval Date Regarding Demerger	14.05.2018
Registry Date of Demerger Via Facilitated Procedure	29.06.2018
Date of Related General Assembly	26.06.2018
Was The Issue Of Demerger Negotiated? Was It Accepted?	Accepted

Additional Explanations

Extraordinary General Shareholders Meeting's Partial Demerger Decision dated 26.06.2018 has been registered by İstanbul Trade Registry Office on 29.06.2018.

Documents Regarding Demerger

Appendix: 1	EK1-Bölünme Planı.pdf - Demerger Plan
Appendix: 2	EK2-Bölünme Raporu.pdf - Demerger Report
Appendix: 3	EK3a-YMM Raporu-Wat.pdf - Other
Appendix: 4	EK3b-YMM Raporu-TOKEN.pdf - Other
Appendix: 5	EK5-Arcelik A.S. Konsolide Mali Tablo.pdf - Other
Appendix: 6	EK6-Arcelik A.S.Vuk Bilanco.pdf - Other
Appendix: 7	EK7-WAT A.Ş.UFRS Açılış Bilançosu.pdf - Diğer.pdf - Other
Appendix: 8	EK8-Wat AS VUK Acılıs Bilancosu.pdf - Other
Appendix: 9	EK9-Wat A.Ş. Esas Sözleşme.pdf - Other
Appendix: 10	EK10-TOKEN A.Ş.UFRS Açılış Bilançosu.pdf - Diğer.pdf - Other
Appendix: 11	EK11-Token AS VUK Acılıs Bilancosu.pdf - Other
Appendix: 12	EK12-Token A.S. Esas Sözleşme.pdf - Other
Appendix: 13	EK13-Bölünme İşlemi İnceleme Hakkı Duyurusu.pdf - Other
Appendix: 14	EK4-Duyuru Metni.pdf - Announcement Text
Appendix: 15	EK14-SPK Onaylı Duyuru Metni.pdf - Announcement Text