[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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A contract has been signed between Karsan Otomotiv and the Municipality of Sibiu, Romania, for a total of 30 vehicles of 12-meter e-ATA buses and 40 charging stations, with a contract value of approximately 16.3 million EUR (VAT excluding ).

The delivery of our vehicles is planned to be made in 2025.

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.