[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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According to our Public Disclosure dated 7 April 2023, an agreement had been signed regarding installation of 350 MW Kumasi combined natural gas power plant and USD based guaranteed sales of the electricity produced for 20 years.

First fire started in the gas turbine of the first phase (179 MW) of Kumasi power plant. Simple cycle commercial operation date of the first phase of the power plant is planned in November 2025 with 135 MW  and combined cycle commercial operation date is planned within the first quarter of 2026 with 179 MW.

Furter developments regarding second phase of the power plant (171 MW) will be shared with the public in a timely manner.

Kind regards,

Note: In case of discrepancy between Turkish and English versions, Turkish version shall prevail.