ARÇELİK A.Ş.

Notice of Dividend Amount • Feb 28, 2022

Summary Info	Dividend Distribution Proposal of the Board of Directors of the Company
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	28.02.2022
Date of Related General Assembly	23.03.2022
Type of Cash Dividend Payment	Payment In Advance
Currency Unit	TRY
Stock Dividend	Will Not Be Paid

Cash Dividend Payment Amount and Rates

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 (%)	Withholding Rate (%)	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	2,2198274	221,98274	10	1,9978446	199,78446

Dividend Dates

Payment	Proposed Ex-Dividend Date	Final Ex-Dividend Date	Payment Date	Record Date
Payment In Advance	28.03.2022		30.03.2022	29.03.2022

(1) The date that the dividend will be paid and the share will start trading without dividend right (proposed).

(2) The date that the dividend will be paid and the share will start trading without dividend right (finalized).

(3) Date of entry to the accounts of the shareholders whose shares are traded on the stock exchange.

(4) Date of determination of the right holders of the type of shares traded on the stock exchange.

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

Our Company Board of Directors made the following decision on the February 28, 2022.

The financial statements for the accounting period 01.01.2021 and 31.12.2021, which was prepared by our Company and in compliance with the Turkish Financial Reporting Standards (TFRS) and audited by PwC Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş, were reviewed and accepted to be submitted to the General Assembly.

As a result of the examination of the financial statements of Arçelik A.Ş. held in accordance with the provisions of the Tax Procedure Law;

According to TFRS, net profit of the Company is TRY 3,251,008,842.82 and accordance with Tax Procedure law, current year profit is TRY 3,535,004,341.59

a) The 5 % portion of legal reserves which has to be allocated according to Turkish Commercial Code article 519, will not be allocated for 2021 since legal reserves amount as of 31.12.2021 according to Tax Procedure Law reached 20% of the capital.

In accordance with TFRS, distributable profit is TRY 3,251,008,842.82 which is the sum of net profit of TRY 3,290,490,017.88 plus donations of TRY 39,481,175.06.

Net profit of TRY 3,535,004,341.59 is distributable profit according to financial statement prepared according to Tax Procedure Law

b) In accordance with Capital Market Legislation and the profit distribution clause of the Company's Articles of Association and the Profit Distribution Policy approved by shareholders in the General Assembly dated 27.03.2014; considering market expectations, our Company's long-term strategies, investments and financing policies, profitability and cash status dividend amount is decided as below

TRY 1,500,000,000.00 first dividend payable to shareholders

TRY 146,621,358.98 portion of legal reserves

c) Total amount of TRY 1,500,000,000.00 which is the sum of the first dividend, will be paid in cash to the shareholders;

d) If the above profit distribution proposal is accepted by the General Assembly, based on our registrations prepared according to Tax Procedure Law, the total dividend of TRY 1,500,000000.00 to be paid to the shareholders from the current year other earnings. Besides, the amount of the secondary general legal reserve of 146,621,358.98 to be paid from current year other earnings.

e) According to the financial statement prepared according to Tax Procedure Law, the dividend paid to the shareholders of the current year profit and the remaining 1,888,382,982.62 TL after the general legal reserves are allocated as extraordinary reserves; According to TFRS records, the amount remaining from the net profit after the dividend of TRY 1,500,000,000.00 and the general legal reserve amount of TL 146,621,358.98 is covered from the net profit is transferred to the past year profits of TL 1,604,387,483.84

f) 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 221.98274% and TRY 2.2198274 gross=net cash for shares at the nominal value of TRY 1.00; and gross cash dividend of TRY 2.2198274 at the rate of 221.98274% and net cash dividend of TRY 1.9978446 at the rate of 199.78446 % for shares with a nominal value of TRY 1.00 to be paid to our other shareholders,

g) Determining of dividend payment date is March 28, 2022;

It has been decided to submit our shareholders for the approval at the Ordinary General Meeting of our company that will be held on March 23, 2022.

Supplementary Documents

Appendix: 1	KAR DAĞITIM TABLOSU KAP.pdf
Appendix: 2	DIVIDEND DISTRUBUTION PROPOSAL TABLE-KAP.pdf

DIVIDEND DISTRIBUTION TABLE

ARÇELİK A.Ş. 01.01.2021/31.12.2021 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	675.728.205
2. Total Legal Reserves (According to Legal Records)	555.737.963,79
Information on privileges in dividend distribution, if any, in the Articles of Association:	No

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	3.622.613.676,48	3.590.917.540,23
4. Taxes Payable (-)	371.604.833,66	55.913.198,64
5. Net Current Period Profit	3.251.008.842,82	3.535.004.341,59
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	0	0
8. Net Distributable Current Period Profit	3.251.008.842,82	3.535.004.341,59
Dividend Advance Distributed (-)	0	0
Dividend Advance Less Net Distributable Current Period Profit	0	0
9. Donations Made During The Year ( + )	39.481.175,06	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	3.290.490.017,88	0
11. First Dividend to Shareholders	1.500.000.000	0
* Cash	1.500.000.000	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 Non-Shareholders	0	0
14. Dividend to Owners of Redeemed Shares	0	0
15. Second Dividend to Shareholders	0	0
16. Secondary Legal Reserves	146.621.358,98	0
17. Statutory Reserves	0	0
18. Special Reserves	0	0
19. Extraordinary Reserves	1.604.387.483,84	1.888.382.982,62
20. Other Distributable Resources	0	0

Dividend Payment 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 (%)
- - -	1.457.177.369,39	0	44,82	1,9978446	199,78
TOTAL	1.457.177.369,39	0	44,82	1,9978446	199,78

Dividend Rate Table Explanations

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

(**) The dividend shall be distributed from TRY 1,457,177,369.39 current year earnings. 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.

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.