VESTEL ELEKTRONİK SANAYİ VE TİCARET A.Ş.

AGM Information • May 11, 2022

Summary Info	The Resolutions of the Annual General Meeting
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

General Assembly Invitation

General Assembly Type	Annual
Begining of The Fiscal Period	01.01.2021
Ending Date Of The Fiscal Period	31.12.2021
Decision Date	12.04.2022
General Assembly Date	11.05.2022
General Assembly Time	10:00
Record Date (Deadline For Participation In The General Assembly)	10.05.2022
Country	Turkey
City	İSTANBUL
District	ŞİŞLİ
Address	Levent 199 Büyükdere Cad. No:199 34394 Şişli/İstanbul

Agenda Items

1 - Opening, the moment of silence, and the election of the Assembly Presidential Board,

2 - Authorization of the Assembly Presidential Board for signing the minutes of the Annual General Meeting,

3 - Reading and discussion of the Annual Report of the Board of Directors for the fiscal year 2021,

4 - Reading the Summary Statement of the Independent Audit Report for the fiscal year 2021,

5 - Reading, discussion and approval of the Consolidated Financial Statements for the fiscal year 2021,

6 - Acquittal of each member of the Board of Directors of their liabilities for the Company's activities and transactions in the fiscal year 2021,

7 - Discussion and resolution of the remuneration to be paid to the members of the Board of Directors for the year 2022,

8 - Discussion and resolution of the Board's proposal for no profit distribution for the fiscal year of 2021,

9 - Discussion and resolution of the authority to be granted to Board Members for performing the transactions specified in the Articles 395 and 396 of the Turkish Commercial Code,

10 - Discussion and resolution of the Board's proposal regarding the selection of the independent audit firm for auditing the Company's accounts and transactions for the fiscal year 2022 in accordance with the Capital Market Law and the Turkish Commercial Code,

11 - Giving information to the General Assembly about the donations and aids made in 2021; discussion and resolution of the Board's proposal regarding the upper limit for the donations to be made in the period of 1 January – 31 December 2022,

12 - Giving information to shareholders about the collaterals, pledges, mortgages and sureties granted in favor of third parties by the Company and its subsidiaries and the income and benefits generated therefrom in 2021 in accordance with the CMB regulations,

13 - Closing.

Corporate Actions Involved In Agenda

Dividend Payment

General Assembly Results

Was The General Assembly Meeting Executed?	Yes
General Assembly Results	Vestel Elektronik Sanayi ve Ticaret AŞ's Annual General Meeting for the year 2021 was held on 11 May 2022, Wednesday, at 10.00 am, at the address of Levent 199, Büyükdere Caddesi No: 199 34394 Şişli/Istanbul, Turkey. The General Assembly resolved, • To approve the consolidated financial statements for the year 2021, • To acquit board members for their activities and transactions in 2021, • To pay a net monthly remuneration of TL 30,000 to each independent board member and to make no payment to other board members in 2022, • To approve the Board of Directors' proposal dated 12.04.2022 for not making any profit distribution for the year 2021, • To grant permission to board members for carrying out the activities and transactions specified in the Articles 395 and 396 of the Turkish Commercial Code, • To select KPMG Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik Anonim Şirketi as the independent audit firm to audit the accounts and transactions of the Company for the fiscal year 2022, • To set the upper limit of the donations to be made in the period between 1 January 2022 and 31 December 2022 as 1.2% of the Company's earnings before interest, taxes, depreciation and amortization (EBITDA) calculated based on the publicly announced consolidated financial statements for the year 2021 prepared in accordance with the CMB regulations. The Minutes of the Annual General Meeting and the List of Attendees are disclosed in the attachment.

Decisions Regarding Corporate Actions

Dividend Payment	Discussed

General Assembly Result Documents

Appendix: 1	Toplantı Tutanağı.pdf - Minute
Appendix: 2	Hazır Bulunanlar Listesi.pdf - List of Attendants
Appendix: 3	Vestel Elektronik Minutes of the Meeting.pdf - Minute
Appendix: 4	VEL List of Attendees.pdf - List of Attendants

Additional Explanations

This statement was 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.