[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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On March 5, 2025, a Memorandum of Understanding concerning strategic collaboration for global markets was signed between KARDEMİR and the U.S.-based Amsted Rail Company, Inc., one of the world's largest manufacturers and suppliers of integrated railway components and systems, including cast railway wheels.

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.