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Financial strength – robust profitability leading to strong free cash flow Investment Highlights Arçelik FCF (TRYmn) 4.859 FCF CREATION THROUGH • 6.421 Strong profitability 5.096 • Controlled NWC 3:835 1:123 2:887 1.681 643 150603 (1961 675 (471) 384 (568) 590 (449) (622) (79) (824) (868) (1.760) (1.338) (1.073) (1.562) (617) (2.445) (5.713) 12 5191 2010 2011 2012 2013 2014 2015 2016 Net OCF CAPEX 2017 2018 2019 2020 2021 2022 ―FCF Net OCF is Cash flows provided by/(used in) operating activities FCF is calculated as deducting Cash outflows from purchases of property, plant and equipment and intangible assets amount and cash inflows from sale of property, plant and equipment and intangible assets from Net OCF 20

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