Summary Info	CMB approval of the merger of our Company and TAV Gayrimenkul Geliştirme Anonim Şirketi which is 100% owned by our Company
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	23.10.2024
Merger Model	Merger Through Acquisition
Date Of Financial Statements Base To Merger	30.06.2024
Currency Unit	TRY

Acquired Company	Trading On The Stock Exchange/Not Trading On The Stock Exchange	Share Exchange Rate	Group of Share To Be Distributed To Acquired Company Shareholders	Form of Share To Be Distributed To Acquired Company Shareholders
TAV Gayrimenkul Geliştirme Anonim Şirketi	Not Trading On The Stock Exchange

Share Group Info	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital	New Shares To Be Given Due To Merger
TAVHL, TRETAVH00018	363.281.250	0	0	363.281.250

	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital
TOTAL	363.281.250 TL	0 TL	0 TL	363.281.250 TL

Capital Market Board Application Date Regarding Merger	13.08.2024
Capital Market Board Application Result Regarding Merger	APPROVAL
Capital Market Board Approval Date Regarding Merger	20.12.2024
Capital Market Board Application Date	13.08.2024

Additional Explanations

The merger of our wholly-owned subsidiary, TAV Gayrimenkul Geliştirme Anonim Şirketi, through a simplified procedure by acquisition, has been approved by the Capital Markets Board's decision dated 20.12.2024. The announcement text and the merger agreement, both approved by the Board, will be disclosed separately.