[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_NoncurrentFinancialAssetAcquisitionAbstract|
Noncurrent Financial Asset Acquisition
oda_UpdateAnnouncementFlag|
Update Notification Flag
Evet (Yes)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
22.04.2023
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_BoardDecisionDateForAcquisition|
Board Decision Date for Acquisition
19/12/2023
oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForAcquisition|
Were Majority of Independent Board Members' Approved the Board Decision for Acquisition
Yes
oda_TitleOfNoncurrentFinancialAssetAcquired|
Title of Non-current Financial Asset Acquired
AB InBev Efes B.V.
oda_FieldOfActivityNoncurrentFinancialAssetWhoseSharesWereAcquired|
Field of Activity of Non-current Financial Asset whose Shares were being Acquired
Investment company
oda_CapitalOfNoncurrentFinancialAsset|
Capital of Noncurrent Financial Asset
2,002 USD
oda_AcquirementWay|
Acquirement Way
Satın Alma (Purchase)
oda_DateOnWhichTheTransactionWasWillBeCompleted|
Date on which the Transaction was/will be Completed
It depends on the timing of the approvals from legal authorities.
oda_AcquisitionConditions|
Acquisition Conditions
Diğer (Other)
oda_DetailedConditionsIfItIsATimedPayment|
Detailed Conditions if it is a Timed Payment
Explained below.
oda_NominalValueOfSharesAcquired|
Nominal Value of Shares Acquired
1,001 USD
oda_PurchasePricePerShare|
Purchase Price Per Share
Price mechanism is explained below.
oda_TotalPurchasingValue|
Total Purchasing Value
Total purchasing value will be determined at maturity, calculation method is explained below.
oda_RatioOfNewSharesAcquiredToCapitalOfNoncurrentFinancialAsset|
Ratio of New Shares Acquired to Capital of Non-current Financial Asset (%)
50%
oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterTransaction|
Total Ratio of Shares Owned in Capital of Non-current Financial Asset After Transaction (%)
100%
oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterTransaction|
Total Voting Right Ratio Owned in Non-current Financial Asset After Transaction (%)
100%
oda_RatioOfNoncurrentFinancialAssetAcquiredToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
Ratio of Non-current Financial Asset Acquired to Total Assets in Latest Disclosed Financial Statements of Company (%)
15%
oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
Ratio of Transaction Value to Sales in Latest Annual Financial Statements of Company (%)
n.a.
oda_EffectsOnCompanyOperations|
Effects on Company Operations
Upon the completion of the transaction; the product portfolio is to be optimized while the impact of this on Anadolu Efes' total volumes will be limited.
oda_DidTakeoverBidObligationArised|
Did Takeover Bid Obligation Arised?
Hayır (No)
oda_WillExemptionApplicationBeMadeIfTakeoverBidObligationArised|
Will Exemption Application be Made, if Takeover Bid Obligation Arised?
Hayır (No)
oda_TitleNameSurnameOfCounterParty|
Title/ Name-Surname of Counter Party
AB INBEV Western European Holding BV
oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
Is Counter Party a Related Party According to CMB Regulations?
Evet (Yes)
oda_RelationWithCounterPartyIfAny|
Relation with Counter Party if any
Joint Venture
oda_AgreementSigningDateIfExists|
Agreement Signing Date if Exists
19/12/2023
oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
Value Determination Method of Non-current Financial Asset
Independent Valuation Report
oda_DidValuationReportBePrepared|
Did Valuation Report be Prepared?
Düzenlendi (Prepared)
oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
Reason for not Preparing Valuation Report if it was not Prepared
-
oda_DateAndNumberOfValuationReport|
Date and Number of Valuation Report
6 October 2023 - 202307K12273210
oda_TitleOfValuationCompanyPreparedReport|
Title of Valuation Company Prepared Report
KPMG Yönetim Danışmanlığı A.Ş.
oda_ValueDeterminedInValuationReportIfExists|
Value Determined in Valuation Report if Exists
Between 1.1 billion USD and 1.3 billion USD
oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
Reasons if Transaction wasn't/will not be performed in Accordance with Valuation Report
-
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

As per our announcement dated April 22, 2022, it had been announced that our Company and Anheuser-Busch InBev SA/NV ("AB InBev") started active discussions regarding the acquisition of AB InBev's non-controlling interest in AB InBev Efes BV by Efes Breweries International BV ("EBI"), a fully owned subsidiary of Anadolu Efes. As of today, the Parties have agreed on EBI's purchase of AB InBev's non-controlling interest in AB InBev Efes BV.

The transaction remains conditional and will not become effective until the parties have received all necessary regulatory approvals. As of the closing of the transaction, Anadolu Efes will ultimately be the sole owner of AB InBev Efes BV through EBI. Anadolu Efes will continue to fully consolidate AB InBev Efes BV in its financial accounts.

EBI shall not make an immediate cash payment upon completion of the transaction and any future payments shall be determined based on the annual cash flow performance of AB InBev Efes BV's operating countries and related regulatory restrictions for a certain and reasonable period of time.

AB InBev Efes BV will continue operating as usual during the transaction approval process.

The completion of the transaction is contingent upon various conditions, including obtaining regulatory approvals through comprehensive processes and satisfying specific requirements across multiple jurisdictions. Therefore, we are unable to disclose any additional details on the transaction at this moment, to facilitate the approval process.

Meanwhile, Ümit Ömer Öğün* who has been working as General Manager Responsible From Special Projects since February 2023 will be appointed as the General Manager of the Russian Operations effective as of January 1, 2024.

Further developments will be duly announced.

*You can find Ömer Öğün's curriculum vitae as attached.