[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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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
27.09.2021
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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As announced in our dislosure dated September 27, 2021, the Competition Authority has decided to initiate an investigation on our wholly owned subsidiary, Arçelik Pazarlama A.Ş. and conduct this investigation in order to determine whether there has been a violation of Article 4 of the Law on the Protection of Competition No. 4054.

Pursuant to this investigation, the Competition Authority was decided to impose an administrative fine on Arçelik Pazarlama A.Ş. amounting as TRL 365.379.161,06. The administrative fine must be paid within the period stipulated in the legislation after the related reasoned decision notification delivered to Company. Within this scope, the fine given to Arçelik Pazarlama A.Ş. will be paid as TRL 274.034.370,80 within the legal period by taking advantage of the 25% early payment discount.

Within the legal period, all our legal rights will be used regarding to the decision and penalty.

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.