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GORENJE, d.d., Velenje

Information on the sale of Gorenje Surovina

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:

In-line with its strategic focus on its core business, Gorenje, d. d., is continuing the process of selling Gorenje Surovina and its affiliated companies.

By March 16, 2018, Gorenje has received seven non-binding offers from strategic and financial investors. Following the analysis of all offers received, Gorenje has invited five potential investors into the due diligence phase of the process for Gorenje Surovina and its affiliated companies. In the due diligence process, beginning in the week, commencing on March 19, 2018, selected potential investors will be granted access to the Virtual Data Room, visits to selected locations of Gorenje Surovina and its affiliated companies as well as meetings with managements of these companies.

In-line with the process documentation, Gorenje expects binding offers for the purchase of Gorenje Surovina, d. o. o., and its affiliated companies to be submitted by no later than May 29, 2018.

We will duly inform the public regarding the development of the process in accordance with the legislation and the rules of the Ljubljana and Warsaw Stock Exchange.

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.

Gorenje, d.d.,
The Management Board
Date: 16.03.2018