[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
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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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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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Expected Starting Date O fNew Business Relation
17/12/2025
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If Exist Significant Provisions Of The Contract
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Impact Of New Business Relation On Company Activities
Positive impact on our sales and profit
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Explanations
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Our Company, Smart Güneş Enerjisi Teknolojileri ARGE Üretim San. Ve Tic. A.Ş., has signed a cooperation protocol with an investor regarding solar energy projects to be developed in Bulgaria, covering project development, turnkey installation, and the transfer of related commercial rights.

Within the scope of this protocol, it has been agreed that our Company will carry out land development, licensing and permitting processes, engineering, procurement, construction, and commissioning activities related to the solar energy projects in Bulgaria.

The total contract value determined under this cooperation is EUR 7,400,000 and a portion of this amount, in the nature of an advance payment, has been collected by our Company as of today. The remaining amount will be collected in accordance with the schedule and terms stipulated in the protocol.

The development and implementation processes of the relevant projects are ongoing, and further disclosures will be made to the public in subsequent stages, if deemed necessary.