[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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14th Collective Bargaining Agreement negotiations regarding to 2019–2020, between our company's representatives and Özçelik-İş Union, are finalized as of 19.03.2019.


According to the Agreement;  while improving %13,19 for the first six months, CPI (Consumer Price Index) for the second six months, CPI (Consumer Price Index)  for the third six months, CPI (Consumer Price Index) + %1  for the fourth six months, %18 increase  on the social rights for the first year and CPI (Consumer Price Index) + %1 for the second year.

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.