[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Otokar Land Systems Limited (Otokar LS), our subsidiary operating in the United Arab Emirates, has signed a contract of approximately 49 million USD which includes the sale of spare part with Al Jasoor Heavy Vehicles Industry LLC (Al Jasoor), in which Otokar LS has a 49% stake.

Deliveries from Otokar LS to Al Jasoor are planned to begin in the last quarter of 2022 and to be completed in two years in batches.

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.