A Net Zero Company

THE JOURNEY TO NET ZERO

Science-based Targets

Vestel's 2030 emissions reduction targets were approved by the Science Based Targets initiative (SBTi) in 2024. To achieve these targets, the Company has established a comprehensive decarbonization roadmap and identified the key actions required for its implementation.

By 2030, compared to 2021:

It is aimed to reduce Scope 1 and 2 emissions by 42%,
and Scope 3, category 11 emissions by 25%.

Vestel will achieve the reduction targets for Scope 1 and 2 operational emissions with various contributions from the different instruments listed below.

Energy efficiency measures taken in production facilities, such as waste heat recovery systems, electrification, optimization of processes through energy efficiency improvements,

improvement and automation of energy monitoring systems,

Replacing company fleets with hybrid or fully electric vehicles,
Shifting the energy portfolio of generation activities from fossil fuelbased to those with lower emission factors,
Expanding renewable energy generation systems to meet primary energy needs, including electricity and heat,
Using renewable energy certificates throughout operational activities.

Among Vestel's Scope 3 emissions, the largest share is made up by the use of products sold in Category 11. In this regard, the Company concentrates on three main areas with the awareness of the necessity to trigger transformation across the entire value chain.

Accelerating R&D and Innovation efforts to increase the market share of products with low energy labels and develop products beyond compliance levels,
Designing and manufacturing products with a life-cycle-based approach that will lead to lower energy consumption during the usage phase,
Generalizing the practices that will lead to behavioral changes in customers through various incentives and communication activities.

Renewable Energy Production

Vestel contributes to the fight against the climate crisis through renewable energy production and energy efficiency investments for the transition to a zero-carbon economy. In 2025, the company increased its investments, raising its total installed renewable energy capacity to 8,430 kWp. This investment was completed in December 2025 and has started generating energy. With the realization of this investment, 85-90% of the dryer factory's consumption and 6% of all Vestel factories' consumption will be met.

Energy Efficiency

Energy efficiency constitutes an important step of the net zero roadmap. Monitoring energy consumption and identifying high consumption points through instant data monitoring systems enables the design of effective mitigation projects.

The consumption of all energy points is monitored online at the Data Monitoring and Control Center and actions are taken accordingly.

The Company runs information systems data centers over consolidated servers as much as possible. In this context, the number of physical servers is minimized, virtual servers are used and less energy is consumed. Moreover, data center cooling systems ensure cooling of only the necessary areas.

VBE 2025 CDP VEL 2025 CDP You can access Vestel’s Science Based Targets and Transition Plan Executive Summary You can access Vestel Beyaz Eşya’s 2024 CDP Report here. You can access Vestel's 2024 CDP Report here. 2023 CDP Report – Climate Change (2022 data) 2023 CDP Report – Water (2022 data)

CIRCULAR ECONOMY

Zero Waste

Committed to the principles of sustainability and zero waste, Vestel aims to minimize the amount of waste

by continuing its operational activities in this respect. As part of the Zero Waste Management System, Vestel prioritizes its activities focused on preventing, reducing, recycling and recovering waste

generation. The waste generated during the production stages is separated at the source, stored in temporary storage areas and sent to licensed waste companies in line with the Waste Control Regulation.

Through regular audits, recycling and recovery of waste are controlled.As part of the Zero Waste practice and the vision of circularity, food waste is also utilized.

Vestel has started to use FSC-certified, 100% recycled cardboard in the packaging of its refrigerator and dishwasher products. For the first time in Türkiye, FSC (Forest Stewardship Council) certified and 100% recycled cardboard began to be used in Vestel refrigerators and dishwashers as of 2021. This practice

was extended to all Vestel branded majör household appliances sold in Türkiye from 2022.

Product Recovery and Repair

Vestel ensures the repair and reuse of defective materials and products through the Material Inspection and Recovery Project. While authorized services are in charge of collecting defective parts that are replaced in the field, the Recovery Unit plays a role in repairing the collected defective parts, reusing them as spare

parts and bringing them into the system.

Unrepairable parts are separated according to their scrap class and recycled. Scrapping process is equivalent

to the number of products included in the recycling process. Such practices provide economic gains by recovering parts that are of financial value to the Company, while at the same time reducing environmental impacts by minimizing the amount of electronic waste.

The products that are replaced under warranty are delivered to the Replacement Products Evaluation Center (DÜDEM) in Vestel City and those that can be repaired are refurbished at the Refurbishment Centers, Central Repair and Recovery Centers and offered for sale at Vestel Outlet stores and some dealers. Non-refurbishable products are recycled through a licensed recycling company.

Within the vision of product recovery and repair, and in line with the EU Waste from Electrical and Electronic Equipment (WEEE) management, Vestel has subjected 10 of its products—TV, air conditioner, dishwasher, refrigerator, washing machine, dryer, electric oven, built-in oven, stove, and kettle—to reuse/recycling assessments in independent laboratories. The recyclability rates of the products selected from these 10 different product groups have been calculated based on these assessments.

Plastic Reduction

Vestel develops solutions such as alternative material applications, R&D projects, and design changes to reduce plastic usage. While increasing the use of recycled materials, it also reduces single-use plastics with innovative packaging designs. In this context, it aims to minimize environmental impacts throughout the product life cycle and targets circularity.

Vestel aims to reduce plastic usage by investing in alternative materials instead of plastic in its white goods products. The use of materials containing bio-based raw materials such as rice husk, orange peel, and olive pit is being expanded in refrigerators. In 2023, usage approvals for recycled and bio-based plastics were obtained for the production of some parts used. The use of recycled plastic is also increasing in different parts of the machines.

WATER STEWARDSHIP

Water stress is a phenomenon in which water use is restricted and does not meet supply when water demand exceeds available water resources over a given period of time, or when water quality

deteriorates. Türkiye is among the countries which undergo water stress. Manisa, where Vestel facilities are located, has a high water risk level according to the World Resource Institute (WRI). Efficient water management is especially critical in highrisk areas.

Vestel focuses on minimizing water consumption, which it considers as one of the biggest risks in anufacturing processes. In order to achieve this, the Company strives to develop and expand

water-efficient projects and to recycle water. Vestel reports all water management processes to CDP, and its water footprint is verified by the independent third parties in accordance with the ISO 14046 Water

Footprint Standard. It also discharges the wastewater to the treatment plant of Manisa Organized Industrial Zone.