[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Çates Elektrik Üretim A.Ş. completed the first half of 2025 with a gross electricity production of 923 GWh, revenue of 2,610 million TL, EBITDA of 297 million TL and a net period loss of 232 million TL.

Our company completed the second quarter of the year, covering the period from 1 April to 30 June 2025, with a period profit of 49.8 million TL. Of the 232 million TL net loss incurred during the six-month period ending 30 June 2025, 188.7 million TL resulted from ‘Net Monetary Position Losses' arising from the application of inflation accounting, while 31.6 million TL stemmed from Deferred Tax Expense. Both of these items are non-operating and did not result in cash outflows for the Company.

Our power plant achieved a successful performance in the first half of 2025, producing 923 GWh of gross electricity generation with a 74% availability rate and a 68% capacity utilisation factor.

Respectfully announced to the public.

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.