In accordance with the provisions of the Code of Best Practice for WSE Listed Companies, the Ljubljana Stock Exchange Rules, and the applicable legislation, the company Gorenje, d.d., is publishing the following announcement:

With regard to the offer extended to Franjo Bobinac for a new term of office as President and CEO, of which the Supervisory Board informed the Shareholders Assembly on July 14, 2017, Supervisory Board chairman Marko Voljč received on July 26 Franjo Bobinac's consent to appointment, and Mr Voljč informed the Supervisory Board members of the receipt of Mr Bobinac's consent. Therefore, Franjo Bobinac is appointed Gorenje, d.d., President and CEO for the term of office from July 20, 2018 to July 20, 2023.

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.gorenjegroup.com, for at least 5 years from the date of this announcement.