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., hereby makes the following announcement:

Gorenje, d.d., hereby announces that it has successfully completed the offering of commercial paper. Commercial paper with the identification code GRV05 has a 1.30% interest rate. Total nominal value of the issue amounts to EUR 40.0 million.

Gorenje, d.d., has applied for the admission of the commercial paper subscribed to trading on the regulated market of the Ljubljana Stock Exchange.

The purpose of the commercial paper issue is to diversify the short-term financing sources, financing of operations with a pronounced seasonal dynamic, and optimization of financing costs.

More information regarding the commercial paper is available in the attached document.

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