Thursday, 8th March 2018, Velenje

Update on the exploration of strategic partnership opportunities

Update on the exploration of strategic partnership opportunities

On 7th March 2018 Gorenje, d. d., received four non-binding offers from potential Asian strategic partners. All of them are active in household appliances industry.

Gorenje, d. d., will review non-binding offers on 13th March 2018 and release the next update on the process by 15th March 2018.

Following the assessment of the received non-binding offers from a strategic perspective, certain prospective partners will be invited to participate in the due diligence phase of the process.

During the due diligence phase, prospective partners will be provided with additional information including access to a virtual data room on Gorenje Group, selected site visits to Gorenje Group facilities and meetings with top management.

Taking into account the provisions of the signed confidentiality agreements with interested strategic partners, the company Gorenje, d. d., will not comment on potential speculations in the media regarding the names of the interested partners.