JCR-Eurasia Rating has assessed the consolidated structure of Vestel Elektronik Sanayi ve Ticaret AŞ and revised its Long-Term National Issuer Rating as "BB+ (tr)" with a "Stable" outlook. The Short-Term National Issuer Credit Rating has been maintained as "J3 (tr)" with a "Stable" outlook. The company's Long-Term International Foreign and Local Currency Issuer Ratings and their outlooks have been determined as "B+ / Stable."
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.