[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Hayır (No)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
-
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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Our Board of Directors, in respect of the board of directors' decision dated May 27, 2022 of our affiliate Vitra Karo Sanayi ve Ticaret A.Ş., of which our company has 25% of the shares, to increase its current capital from TL 1,000,000,000 to TL 1,650,000,000 by increasing TL 650,000,000, has resolved that;

- Our company shall participate in the capital increase in cash and fully by undertaking by purchasing 162,500,000 shares, each worth 1 Turkish Lira, in return for TL 162,500,000 corresponding to our share from the increased capital of TL 650,000,000;

- At least ¼ of TL 162,500,000 which falls onto our share within the amount to be increased in cash shall be paid prior to the registration of the capital increase, and the remaining part shall be paid in cash after the registration of the capital increase and in any case within 24 months, at the latest.

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.