Sustainable Smart Spaces & Wellness @ Home slide image

Sustainable Smart Spaces & Wellness @ Home

- Cost competitiveness – providing Arcelik to achieve higher quality with lower costs • Low Cost Base Most labour intensive functions including HQ, R&D and production plants located in low cost countries. Investment Highlights Arçelik FI SE NO 802 EE Economies of Scale Huge production capacity in Turkey, Romania. High capacity utilization rates in largest production hubs. Proximity to Target Markets Production hubs serving nearby geographies with favorable lead times; Europe, CIS and N. Africa from Turkey, Romania and • Russia Sub-Saharan Africa from S. Africa ASEAN and China from Thailand and China PT ES DK GB** RU LV LT BY BE PL DE CZ LU SK FR CH* AT HU SI HR RO BA* RS** BG ME* MK* AL GR** Hourly labour cost (EUR/employee) Industry, construction and services (except public administration, defense, compulsory social security) UA TR* Source: Eurostat 2020 / **Eurostat 2019 / *Eurostat 2016 GE AM AZ < 10 (10-20) (20-30) (30-40) >40 N/A KZ 17
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