[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Sabanci Building Solutions BV (SBS), one of the subsidiary of our Company which operates in the Netherlands, has established and completed organisation procedures of Sabanci Global Technology Center Gmbh (SGTC) in Munich, Germany, to invest in future technologies in building materials sector and to become a technology producing company. SBS BV holds 100% share in the share capital of  SGTC and SGTC has started its operations. With this development, SBS BV has started research and development activities in related fields in addition to the global white and grey cement, calcium alimunate cement (CAC) and other sustainable building materials business.

SGTC, established in the campus of the Technical University of Munich (Technische Universität München), will carry out research and development activities for the development of innovative, environmental products and technologies in the field of building materials, especially for CAC. These R&D activities will support SBS BV's global targets in the field of building materials and lead innovative technologies.

In case of a discrepancy between the Turkish and English versions of this public disclosure statement, Turkish version shall prevail.