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English
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oda_RelatedPartyTransactionsAbstract|
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Hayır (No)
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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22.02.2024
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Hayır (No)
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In accordance with the CMB's II-17.1 Communiqué on Corporate Governance, "The Report Regarding the Common and Continuous Transactions" executed between our company and our subsidiaries İskenderun Demir ve Çelik A.Ş and Erdemir Çelik Servis Merkezi Sanayi ve Ticaret A.Ş., was prepared and approved at our Company's Board of Directors meeting on February 12, 2025.
Conclusion of the report is as follows;
''Within the frame of CMB's II-17.1 Corporate Governance Communiqué, common and continuous commercial transactions on the purchase of commercial goods and purchase of slab executed between our company and our subsidiary İskenderun Demir ve Çelik A.Ş. exceed for each 10% of the total cost of sales; and common and continuous commercial transactions on sales of goods executed between our company and our subsidiary Erdemir Çelik Servis Merkezi Sanayi ve Ticaret A.Ş. exceed 10% of the total sales revenue in 2024 and it is expected that these transactions will continue under the determined circumstances in 2025. Relevant transactions are consistent with the previous years and reasonable when compared to the market conditions.''
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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