VESTEL ELEKTRONİK SANAYİ VE TİCARET A.Ş. Özel Durum Açıklaması (Genel) 14 Şubat 2025

Regarding our announcements dated 21.03.2019, 07.12.2020, 27.01.2023, 29.11.2023 and 13.03.2024;  Ankara 8th Administrative Lawsuit Chamber, with its decision numbered 2023/1627 E. and 2024/395, in compliance with the reversal decision of the 13th Chamber of the Council of State dated 10.04.2023 and numbered 2023/206 E., 2023/1767 K., ruled that the Competition Board's decision on our Company's 100% subsidiaries Vestel Ticaret AŞ (Vestel Ticaret) and Whirlpool (Whirlpool Ev Aletleri Pazarlama ve Ticaret AŞ and Whirlpool Beyaz Eşya Sanayi ve Ticaret AŞ) was in compliance with the law. The plaintiffs appealed this decision on 14.05.2024. At the current stage, the 13th Chamber of the Council of State, with its decision dated 26.12.2024 and numbered 2024/1882 E., 2024/6008 K., decided unanimously to reject the appeal requests of the plaintiffs and to uphold the decision of the Ankara Regional Administrative Court 8th Administrative Case Department subject to appeal. Thus, all ordinary remedies have been exhausted and the decision of the Competition Board has been finalized administratively in favor of Vestel Ticaret.

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.