[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
12.10.2023
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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In our material disclosure dated October 12, 2023, within the scope of the process regarding the closing of the transaction regarding the partnership to be established by Whirlpool Corporation and Arçelik; It has been announced to the public that the application made to the UK Competition and Markets Authority (CMA) has started in-dept Phase II investigation.

In the announcement dated February 8, 2024, by the CMA regarding the application, it was stated that a provisional assessment was conducted by an independent panel appointed by the CMA. According to this assessment, it was concluded that the partnership to be established between Whirlpool Corporation and Arçelik is not likely to raise significant competition concerns. The final report is expected to be published by March 26, 2024. The completion of deal is expected in the first half of 2024, depending on the final decision to be taken by the CMA.

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.