[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Material Event Disclosure General
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With forward transactions made at the end of 2022;
Since we have fixed the EUR exchange rate at 23.79 for our EUR denominated loan payment to be made on 14.07.2023 and the EUR exchange rate at 25.51 for our EUR denominated loan payment to be made on 13.10.2023, the increase in the exchange rate does not have a negative impact on our loan payments this year.
In addition, since 67% of our revenues in the first 4 months of 2023 are denominated in foreign currency or linked to foreign currency and this ratio is expected to increase for the rest of the year, the effect of exchange rate increases on our profit margn is expected to be positive.