[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Related Party Transactions
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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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Hayır (No)
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Announcement Content
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Explanations
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The total amount of ongoing and recurring transfers of assets, services, and obligations between TTNET A.Ş. and Türk Telekomünikasyon A.Ş. (Turk Telekom) during the accounting period of January 1, 2024 – December 31, 2024 exceeded 10% of Türk Telekom's total revenue disclosed in its 2024 year-end financial statements, and this ratio is also expected to be exceeded in 2025. Considering the regulations and supervision of the Information and Communication Technologies Authority (ICTA) regarding tariffs, these transactions are deemed to have been conducted on fair, reasonable, and arm's length terms. No other related party transactions meeting this criterion were carried out with any other related parties, and no such transactions are planned for 2025.
Furthermore, pursuant to Article 9 of the Communiqué, there were no one-off related party transactions during the period that reached, or are expected to reach in the following period, 5% or more of the Company's total assets, total revenue, or company value calculated based on the adjusted daily weighted average market capitalization over the six-month period preceding the date of the Board of Directors' resolution, as disclosed in the Company's most recent annual financial statements announced publicly in accordance with the Capital Market Board's regulations.