Sustainable Smart Spaces & Wellness @ Home

Financial strength - working capital efficiency has been structured through years of continuous focus '10-'15 Avg. 35.7% • Investment Highlights Arçelik EFFECTIVE WC MANAGEMENT THROUGH Reducing receivable days. • Extending payable days '16-'22 Avg. 26.1% • Healthy levels of inventory 40,0% 38,9% 36,2% 33,0% 33,3% 32,5% 29,3% 30,3% 28,0% 27,0% 26,3% 20,5% 21,0% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 142 Days '10-'15 Avg. Cash Conversion Cycle 111 Days '16-'22 Avg. 19

View entire presentation