[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Karsan Otomotiv signed a contract with the Municipality of Rotterdam in the Netherlands for the sale of two 8-meter Autonomous e-ATAK vehicles between airport and city transfer operations.

The delivery of our autonomous e-ATAK vehicles is planned to be realized by the end of 2024.

With this agreement, our Company aims to increase its presence in the European market and become a solution partner for public transportation problems with our autonomous and electric vehicles.

Yours faithfully,

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.