[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_PartialOrCompleteSuspensionOrImposssibilityOfOperationsAbstract|
Partial Or Complete Suspension Or Imposssibility Of Operations
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
-
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_NatureOfSituationOccured|
Nature Of Situation Occured
Production and sales interruption
oda_InformationAboutOperationsSupendedOrBecameImpossible|
Information About Operations Suspended Or Became Impossible
Production and sales activities
oda_ReasonOfSuspensionOrImpossibilityOfOperations|
Reason Of Suspension Or Impossibility Of Operations
Curfew
oda_DecisionDateOfAuthorizedBodyIfExits|
Decision Date Of Authorized Body If Exits
-
oda_ValidityDateOfSuspensionOrImpossibilityOfOperations|
Validity Date Of Suspension Or Impossibility Of Operations
-
oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalProductionOfCompany|
Effect of Suspension or Impossibility of Operations on Total Production of Company
-
oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalSalesOfCompany|
Effect of Suspension or Impossibility of Operations on Total Sales of Company
-
oda_ShareOfPartiallySuspendedOperationsInTotalProductionAndSalesOfCompany|
Share Of Partially Suspended Operations In Total Production And Sales Of Company
Approximately 15% of annual production and 10% of sales
oda_NumberOfPersonnelWhoseEmploymentContractsWereOrWillBeTerminated|
Number Of Personnel Whose Employment Contracts Were Or Will Be Terminated
Termination of employment is not foreseen due to the temporary suspension of activities
oda_TotalAmountOfSeveranceAndTerminationPaysThatWasOrWillBePaid|
Total Amount Of Severance And Termination Pays That Was Or Will Be Paid
-
oda_PrecautionsTookIntoConsiderationByCompanyManagement|
Precautions Took Into Consideration By Company Management
Necessary works are carried out within the framework of Business Continuity Plan
oda_ConditionsRequiredForGoingIntoOperationAgain|
Conditions Required For Going Into Operation Again
When curfew ends
oda_ExpectedDateToBeginOperations|
Expected Date To Begin Operations
-
oda_EffectsOnContinuityAssumptionOfCompany|
Effects On Continuity Assumption Of Company
No effect is expected
oda_ExplanationSection|
Explanations
oda_AdditionalExplanationTextBlock|

While the impact of the Covid-19 pandemic is seen all over the world, Arçelik A.Ş., operating in a wide geography, carefully follows the precautions taken in the countries in which it operates. In this context, our production and sales activities in Pakistan, Bangladesh, South Africa and Russia have been temporarily suspended as the official authorities in these countries have declared curfews to combat the epidemic.

The curfew is expected to end on April 5, 2020 in Bangladesh, April 6, 2020 in Pakistan and Russia, and on April 17, 2020 in South Africa. It will be announced to our investors if any extension or new interruption decisions are made that may have a significant effect on our production and sales volume.

These temporarily suspended activities have an impact on their own geographies and their effect on our consolidated production and turnover is limited. Although there are occasional disruptions in the procurement, production and sales processes, our activities outside of these countries are continuing seamlessly under the Business Continuity Plan and under the wide precautions taken for the health of our employees.

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.