[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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New Business Relation
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Update Notification Flag
Hayır (No)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
-
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Nature Of The Other Party With Which New Business Relation Will Start
Müşteri (Customer)
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Name Surname Or Company Title Of Customer Or Supplier
ALTECH CO. LTD
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If Exists Share Of Customer Or Supplier In Net Sales Or Cost Of Goods Sold On Latest Disclosed Profit Or Loss And Other Comprehensive Income Statement Of Company
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oda_IfExistsShareOfCustomerOrSupplierInTradeReceivablesOrDebtsOnLatestDisclosedStatementofFinancialPositionOfCompany|
If Exists Share Of Customer Or Supplier In Trade Receivables Or Debts On Latest Disclosed Statement of Financial Position Of Company
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oda_ExpectedStartingDateOfNewBusinessRelation|
Expected Starting Date O fNew Business Relation
12/04/2023
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If Exist Significant Provisions Of The Contract
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Impact Of New Business Relation On Company Activities
It is expected to have a positive effect on revenue and profitability.
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Explanations
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ALTECH CO. LTD is a multinational company based in Japan and sells industrial printing machines, 3D printers, logistics systems (autonomous moving robots, etc.). The company has an agreement and close cooperation with JR Bus Kant a bus operator of the East Japan Railway Company Group, a leading railway operator in Japan. Our Company and ALTECH CO. LTD has signed a distributorship and service agreement for the sale of Karsan E-JEST (RHD) vehicles. The distributorship agreement covers a three-year period between the second half of 2023 and the second half of 2026 with a sales target of approximately EURO 25 million, and it is planned to be renewed with current sales numbers at the end of three calendar years. With this agreement, it is planned to increase Karsan's commercial activity in Japanese and Far East markets.

Respectfully announced to the public.

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.