Summary Info	Board of Directors' Decision for Ordinary General Assembly Meeting
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

General Assembly Invitation

General Assembly Type	Annual
Begining of The Fiscal Period	01.01.2019
Ending Date Of The Fiscal Period	31.12.2019
Decision Date	20.02.2020
General Assembly Date	25.03.2020
General Assembly Time	15:00
Record Date (Deadline For Participation In The General Assembly)	24.03.2020
Country	Turkey
City	İSTANBUL
District	ŞİŞLİ
Address	Divan İstanbul Oteli, Asker Ocağı Caddesi No:1 34367 Elmadağ Şişli-İstanbul

Agenda Items

1 - Opening and election of the Chairman of the Meeting,

2 - Reading, discussing and approving the 2019 Annual Report prepared by the Company Board of Directors,

3 - Reading the Summary of Independent Audit Report for 2019 accounting period,

4 - Reading, discussing and approving the Financial Statements related to the 2019 accounting period,

5 - Acquittal of each member of the Board of Directors in relation to the activities of Company in 2019,

6 - Acceptance, acceptance after amendment or refusal of the offer of the Board of Directors in accordance with the Company's profit distribution policy regarding the distribution of the profits of 2019 and the date of the distribution of profits,

7 - Determining the number and duty term of the Members of the Board of Directors, making elections in accordance with the determined number of members, selecting the Independent Members of the Board of Directors,

8 - Informing and approval of the Shareholders about the Remuneration Policy for the Members of the Board of Directors and Top Managers and the payments made within the scope of the policy in accordance with the Corporate Governance Principles,

9 - Determining annual gross salaries of the members of the Board of Directors,

10 - Approval of the Independent Auditing Institution selected by the Board of Directors in accordance with the Turkish Commercial Code and the Capital Markets Board regulations,

11 - Informing the shareholders about the donations made by the Company in 2019 and determining an upper limit for donations to be made in 2020,

12 - Informing the shareholders about the collaterals, pledges, mortgages and surety granted in favor of third parties and the income and benefits obtained in 2019 by the Company and subsidiaries in accordance with Capital Markets Board regulations,

13 - Authorising the shareholders holding management capacity, the Members of the Board of Directors, top managers and their spouses and relatives by blood and marriage up to the second degree within the framework of the articles 395th and 396th of Turkish Commercial Code and informing shareholders about transactions performed within the scope during 2019 as per the Corporate Governance Communiqué of Capital Markets Board,

14 - Wishes and opinions.

Corporate Actions Involved In Agenda

Dividend Payment

Additional Explanations

Our Company's Board of Directors took the following decision on 20.02.2020.

1. It has been decided that the Ordinary General Assembly of Arçelik A.Ş. to be held on March 25, 2020 Wednesday at 15:00 in Divan Istanbul Hotel, Asker Ocağı Caddesi, No: 1 34367 Elmadağ Şişli, İstanbul, to discuss the agenda and the invitation proceedings to be made duly and for the invitation to be announced in the Turkish Trade Registry Gazette, on the Company website www.arcelikas.com , at Merkezi Kayıt Kuruluşu e-Company portal, on the Electronic General Assembly System and Public Disclosure Platform that the following;

The Board of Directors Annual Report, including the Financial Statements, Independent Audit Report of Independent Auditing Company PwC Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş., Corporate Governance Principles Compliance Report and the Board of Director's Profit Distribution Proposal, and the Information Document containing the necessary explanations for the agenda articles with compliance to the Capital Markets Board regulations should be ready to be examined by the Shareholders found at the Company Centre at the latest 3 weeks before the date of the General Assembly, excluding the days of the announcement and meeting, on the Company website, Public Disclosure Platform and Electronic General Assembly System.

2. It is resolved that the List of Present Shareholders should be signed by the Board Chairman, or in absence of the Board Chairman, by any other Board member; that Mr. Faik Bülent Alagöz is authorized to check proxy letters and identity cards of the shareholders who may be individuals or entities and who shall attend the meeting pursuant to Article 5 of the Internal Directive on General Assembly.

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.