Pursuant to the provisions of the Code of the Warsaw Stock Exchange, Rules and Regulations of the Ljubljana Stock Exchange (Ljubljanska borza, d.d.), and the relevant legislation, the company Gorenje, d.d., hereby makes the following announcement:

On July 2, 2018, Gorenje received the decision by the Securities Market Agency (ATVP), No. 40201-5/2018-22 on the success of the takeover bid for GRVG shares announced by the company Hisense Luxembourg Home Appliance Holding on May 29 this year, and which lasted until June 26.

On May 28, 2018, the Securities Market Agency (ATVP) issued to the company Hisense Luxembourg Home Appliance Holding a permit for a takeover bid for 24,424,613 shares with the symbol GRVG, minus the 8,050,014 shares that the acquiring party had already held, i.e. for a total of 16,374,599 shares of the target company Gorenje.

Hisense Luxembourg Home Appliance Holding informed the Agency that 5,165 shareholders accepted the takeover bid between May 29, 2018, and June 26, 2018, who held a combined total of 15,254,871 GRVG shares, which represents 62.46 percent of all Gorenje shares.

Thus, the Securities Market Agency finds that the takeover bid was successful.

Disclaimer: The English text for all announcements is for information purposes only!

The information in this announcement will be available on the official web site of the company Gorenje, d.d., Velenje, Slovenia, www.gorenjegoup.com, for at least 5 years from the date of this announcement.