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English
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Hayır (No)
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Hayır (No)
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Hayır (No)
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Within the framework of Article 10 titled "Related Party Transactions" of the "Corporate Governance Communiqué" of the Capital Markets Board No. II-17.1;
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In 2022, due to the ratio of the sales transactions planned to be made in 2022 between our Company and Karsan Europe SRL, whose shares all belong to our Company, to the revenue amount included in the 2021 financial statements,
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In 2022, due to the ratio of the sales transactions planned to be made between Karsan Europe SRL, whose shares are fully owned by our Company, and Hervouet Corporate Industry SAS, 50% of which are owned by our Company, to the revenue amount included in the 2021 financial statements, reaches and/or is predicted to reach a ratio of more than 10%, it has been decided that this report will be prepared and the conclusion part will be announced on the Public Disclosure Platform.
The Conclusion Section of the Related Party Transactions in 2022
Within the framework of Article 10 titled "Related Party Transactions" of the "Corporate Governance Communiqué" of the Capital Markets Board No. II-17.1; in 2022, due to the fact that the ratio of the sales transactions between our Company and Karsan Europe SRL, and between Karsan Europe SRL and Hervouet Corporate Industry SAS to the revenue amount included in the 2021 financial statements disclosed to the public, reached more than 10%, the information about the compliance of the price determination method and the compliance of the transactions within the market conditions is presented in this report on the conditions of the transactions being made or planned to be made between the said companies, which are within the scope of full consolidation in the financial statements of our Company.
Yours faithfully,
The English translation of this disclosure is provided and in case of any discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.
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