[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Our company has applied to the Energy Market Regulatory Authority (EMRA) for the return of generation licenses for Yağmur HPP and Armağan HPP projects under Ey-tur Enerji Elektrik Üretim ve Ticaret A.Ş. and Başat Elektrik Üretim ve Ticaret A.Ş., which are fully owned by Aydem Yenilenebilir Enerji . This decision was taken by the management since the projects were not feasible and were less efficient compared to our current growth investment plans.

By EMRA Board Decisions numbered 12688-3 and 12688-4, dated June 13, 2024, the return of the generation licenses EÜ/1904-5/1353 for Armağan HPP and EÜ/1565-5/1137 for Yağmur HPP, respectively, were approved and published in the Official Gazette dated July 5, 2024.

This development will not have any effect on our current growth investment plans.

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.