Pursuant to the provisions of the Rules and Regulations of the Ljubljana Stock Exchange d.d., Financial Instruments Market Act (ZTFI), and the Corporate Governance Code of the Ljubljana Stock Exchange and Warsaw Stock Exchange, the company Gorenje d.d., Velenje, hereby makes the following announcement:

Following previous announcements relating to the exploration of strategic partnership opportunities, Gorenje, d. d., is providing the following update on the process development.

On the 8th May 2018 Gorenje, d.d. received 3 binding offers from potential Asian strategic partners.

Gorenje, d.d. will review the received binding offers together with some of the major shareholders that participated in the process of the exploration of strategic partnership opportunities and are committed to confidentiality and standstill and release the next update on the process by 15th May 2018.

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.