In our material event disclosure dated 19.06.2026, it was announced that it had been decided to sell the treasury shares owned by our Company, representing 2.9% of our Company's share capital and having a total nominal value of TRY 19,572,288, to Whirlpool EMEA Holdings LLC for a total cash and upfront consideration of TRY 2,029,841,988 at a base price of TRY 103.71 per share, calculated by taking the average of the weighted average prices formed over the past 10 trading days and rounding to the nearest price tick, in accordance with the Communiqué on Repurchased Shares and the Borsa İstanbul A.Ş. Procedure on Wholesale Purchase and Sale Transactions. The transaction has been completed today.
As stated in our material event disclosure dated 19.06.2026, within the scope of this transaction, which will not affect our Company's income statement, it is envisaged that a decrease of TRY 3,186,506,606 will be recognized under retained earnings arising from the sale of the repurchased shares, whose indexed cost based on purchasing power as of 31.03.2026 amounts to TRY 5,216,348,594. In addition, it is envisaged that the reserves related to the repurchased shares amounting to TRY 5,216,348,594, which are monitored under restricted reserves within equity, will be released and reclassified to retained earnings. Accordingly, as a result of the transaction, a net increase of TRY 2,029,841,988 is expected to occur in retained earnings and therefore in total equity. The final impact of the transaction can be followed from our financial statements dated 30.06.2026 to be disclosed to the public.
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.