[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Material Event Disclosure General
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Hayır (No)
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Explanations
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Within the scope of the restructuring of sales and marketing companies abroad, Vestel Poland sp. z o.o., which is based in Poland and wholly-owned by Vestel Ticaret AŞ (Vestel Ticaret), a fully-owned subsidiary of Vestel Elektronik Sanayi ve Ticaret AŞ (Vestel Elektronik), has been merged into Vestel Holland B.V. another wholly-owned subsidiary of Vestel Ticaret. With the merger, all the assets, liabilities and operations of Vestel Poland sp. z o.o. have been transferred to Vestel Holland B.V. Sp. z o.o. Oddzial w Polsce, which is a branch established in Poland by Vestel Holland B.V. The merger took place as of January 1, 2023. Following the merger, Vestel Holland B.V. Sp. z o.o. Oddzial w Polsce will maintain the existing organizational and ownership structure of Vestel Poland sp. z o.o. and continue the company's operations. The aforementioned transfer will not affect Vestel Elektronik's position in the Polish market.

This statement was 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.