[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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An agreement has been signed between our subsidiary Akfen Karaköy Gayrimenkul Yatırım ve İnşaat A.Ş  and the Seller (Eraysan İmalat İthalat İhracat Plastik Makina Ve Sanayi Ticaret Anonim Şirketi ) for acquisition of 16,119 m² Factory Building on 7,027 m² Land in Istanbul Province's Arnavutköy Subprovince, Ömerli District, 267 island, 5 parcel with an appraisal of EURO 13.5M dated May 5th 2023. The real estate is acquired for EURO 3.1M and the preemption right was transferred to Akfen Karaköy today. The acquisition process will be closed in a short time and the factory building will be leased to existing operator Eraysan for EURO 308,500.

This statement was 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.