[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[FROTO, KCHOL, KOCFN]
Related Funds
[]
English
oda_NoncurrentFinancialAssetSaleAbstract|
Non-Current Financial Asset Sale
oda_UpdateAnnouncementFlag|
Update Notification Flag
Evet (Yes)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
13/03/2026
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_BoardDecisionDateForSale|
Board Decision Date for Sale
13/03/2026
oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForSale|
Were Majority of Independent Board Members' Approved the Board Decision for Sale?
Yes
oda_TitleOfNoncurrentFinancialAssetSold|
Title of Non-current Financial Asset Sold
Koç Finansman A.Ş.
oda_FieldOfActivityNoncurrentFinancialAssetSold|
Field of Activity of Non-current Financial Asset Sold
Financing company
oda_CapitalOfNoncurrentFinancialAssetSold|
Capital of Non-current Financial Asset Sold
TL 100,000,000
oda_DateOnWhichRheTransactionWasWillBeCompleted|
Date on which the Transaction was/will be Completed
01/07/2026
oda_SalesConditions|
Sales Conditions
Peşin (Cash)
oda_NominalValueOfSharesSold|
Nominal Value of Shares Sold
Shares with a total nominal value of TL 100,000,000 consisting of Arçelik A.Ş. shares with a total nominal value of 47,000,000; Koç Holding A.Ş. shares with a total nominal value of TL 50,000,000; Zer Merkezi Hizmetler ve Ticaret A.Ş. shares with a total nominal value of TL 2,999,900 and Koç Yapı Malzemeleri Ticaret A.Ş. shares with a total nominal value of TL 100
oda_SalesPricePerShare|
Sales Price Per Share
Calculated approximately as USD 1.3.
oda_TotalSalesValue|
Total Sales Value
USD 61,360,171.98 for shares owned by Arçelik A.Ş. based on the total transaction price of USD 130,553,557.41 following closing adjustments
oda_RatioOfSharesSoldToCapitalOfNoncurrentFinancialAsset|
Ratio of Shares Sold to Capital of Non-current Financial Asset (%)
47% for shares owned by Arçelik A.Ş.
oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterSalesTransaction|
Total Ratio of Shares Owned in Capital of Non-current Financial Asset After Sales Transaction (%)
0%
oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterSalesTransaction|
Total Voting Right Ratio Owned in Non-current Financial Asset After Sales Transaction (%)
0%
oda_RatioOfNoncurrentFinancialAssetSoldToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
Ratio of Non-current Financial Asset Sold to Total Assets in Latest Disclosed Financial Statements of Company (%)
0.5% for shares owned by Arçelik A.Ş.
oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
Ratio of Transaction Value to Sales in Latest Annual Financial Statements of Company (%)
0.5% for shares owned by Arçelik A.Ş.
oda_EffectsOnCompanyOperations|
Effects on Company Operations
The transaction will support the company's focus on its core business and the monetization of non-core assets.
oda_ProfitLossArisedAfterTransaction|
Profit / Loss Arised After Transaction
As of 31 March 2026, the shares of Koç Finansman A.Ş. are carried in Arçelik A.Ş.'s consolidated financial statements at an approximate value of TRY 2.0 billion. The difference between the sales consideration attributable to Arçelik's shares and their carrying value as of the transaction date will be recognized as income from investing activities in the Company's consolidated financial statements for the period ending 30 September 2026.
oda_HowWillSalesProfitBeUsedIfExists|
How will Sales Profit be Used if Exists?
-
oda_BoardDecisionDateForUseOfSalesProfitIfExists|
Board Decision Date for Use of Sales Profit if Exists
-
oda_TitleNameSurnameOfCounterPartyBought|
Title/ Name-Surname of Counter Party Bought
Ford Otomotiv Sanayi A.Ş.
oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
Is Counter Party a Related Party According to CMB Regulations?
Evet (Yes)
oda_RelationWithCounterPartyIfAny|http://www.xbrl.org/2003/role/verboseLabel
Relation with Counter Party if any
Ford Otomotiv Sanayi A.Ş. is a joint venture of Arçelik's parent company, Koç Holding.
oda_AgreementSigningDateIfExists|
Agreement Signing Date if Exists
13/03/2026
oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
Value Determination Method of Non-current Financial Asset
Determined based on the value appraised in the valuation report prepared by DRT Kurumsal Finans Danışmanlık Hizmetleri A.Ş.
oda_DidValuationReportBePrepared|
Did Valuation Report be Prepared?
Düzenlendi (Prepared)
oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
Reason for not Preparing Valuation Report if it was not Prepared
-
oda_DateAndNumberOfValuationReport|
Date and Number of Valuation Report
06/03/2026- DRT-Rapor/2026-0301
oda_TitleOfValuationCompanyPreparedReport|
Title of Valuation Company Prepared Report
DRT Kurumsal Finans Danışmanlık Hizmetleri A.Ş.
oda_ValueDeterminedInValuationReportIfExists|
Value Determined in Valuation Report if Exists
5.7 billion TL - 6.9 billion TL (131 million USD - 157 million USD as of the report date) for 100% of Koç Finansman A.Ş. shares
oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
Reasons if Transaction wasn't/will not be performed in Accordance with Valuation Report
-
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

In our material event disclosure dated 13 March 2026, it was announced to the public that a Share Purchase Agreement had been executed with Ford Otomotiv Sanayi A.Ş. regarding the sale of all shares representing the share capital of Koç Finansman A.Ş., in which our Company holds a 47% stake, Koç Holding A.Ş. holds a 50% stake, and other Koç Group companies collectively hold a 3% stake.

Following the fulfilment of all closing conditions set forth in the Share Purchase Agreement, the share transfer transactions have been completed, and all shares representing the share capital of Koç Finansman A.Ş. have been transferred to Ford Otomotiv Sanayi A.Ş. for a total consideration of USD 130,553,557.41 following closing adjustments. The transfer price attributable to the shares sold by our Company amounted to USD 61,360,171.98.

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.