[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Material Event Disclosure General
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Hayır (No)
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Explanations
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Our company's wholly-owned subsidiary, Ardus Gayrimenkul Yatırımları A.Ş, which encompasses a portion of our Group's real estate portfolio in its assets including two properties in Denizli (a school building and a plot of land) and one property in Bodrum/Torba (a land plot), has undergone a spin-off in compliance with the provisions of the Turkish Commercial Code (TCC) and the Turkish Tax Code (VUK). The spin-off has resulted in the creation of three separate companies, each owning one of the demerged properties. The net book values of these properties, as per the financial statements dated September 30, 2023, amount to 17,314,099.42 TL. The newly established companies resulting from the spin-off will have all their shares owned by Global Yatırım Holding A.Ş, with a total nominal value of 17,314,099.42 TL. Spin-off transactions and new company establishments have been completed as of today.

As a result of these transactions, our company will continue to indirectly hold these three real estate properties through the newly established three demerged companies.

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. Respectfully announced to the public