[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_CreditRatingAbstract|
Credit Rating
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Update Notification Flag
Evet (Yes)
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Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
18.05.2021, 05.05.2021
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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Fitch Ratings has upgraded Arçelik A.Ş.'s Long-term foreign and local currency Issuer Default Ratings to "BB+" from "BB" and affirmed Arçelik's National Rating at "AAA(tur)". The Outlooks are stable.

Fitch Ratings has upgraded Arçelik A.Ş.'s senior unsecured rating to "BB+" from "BB". Simultaneously, Fitch has assigned a final rating of "BB+" to Arçelik's 2026 EUR350 million green bond.

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.