Regarding the Purchase of Gümüştaş Madencilik Shares.

Evet (Yes)

Hayır (No)

05.06.2024

Hayır (No)

06/08/2024

Yes

Gümüştaş Madencilik ve Ticaret A.Ş.

Mining

20,200,000 TL

Satın Alma (Purchase)

The completion of the transaction is subject to obtaining all necessary legal approvals from official institutions and fulfilling all closing procedures and conditions specified in the contracts. An additional public announcement will be made on the `Closing? date when the sale and transfer legally take place.

Peşin (Cash)

None

15,150,000 TL

8.1188 USD

123,000,000 USD

% 75

% 75

% 75

% 3.93

% 7.85

It is anticipated that there will be a positive impact on our company?s revenue and profitability.

Hayır (No)

Hayır (No)

Kurmel Holding A.Ş. (% 50 stake), Ortadoğu Otomotiv Ticaret A.Ş. (% 25 stake)

Hayır (No)

Ortadoğu Otomotiv Ticaret A.Ş., from which % 25 stake to be transferred is a related party to our Company.

06/08/2024

"Bargaining method" was used.

Düzenlenmedi (Not Prepared)

A valuation report was not prepared as the ?Bargaining method? was used.

None

None

None

None

Our Company has entered into a ‘Share Transfer Agreement' dated 06.08.2024 with the following companies for the acquisition of shares in Gümüştaş Madencilik ve Ticaret A.Ş. (Gümüştaş Madencilik) representing 20,200,000 TL total nominal valued shares of its capital;

- 10,100,000 TL nominal valued 50 % of shares for 82,000,000 US Dollars (8.1188 US Dollars per share) from Kurmel Holding A.Ş. and

- 5,050,000 TL nominal valued 25 % of shares for 41,000,000 US Dollars (8.1188 US Dollars per share) from Ortadoğu Otomotiv Ticaret A.Ş.

This totals to a 15,150,000 TL nominal valued 75 % of shares, which will be acquired for a total of 123,000,000 US Dollars, subject to negotiations and certain adjustments.

The completion of the transaction is targeted upon the fulfillment of all closing conditions, including but not limited to the approval of the Competition Authority.

Respectfully announced to our shareholders and the public.