[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Material Event Disclosure General
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Upon deterioration of competition in the glass recycling processing market, which has allegedly been caused by Sisecam Cevre Sistemleri, an affiliated company of Turkiye Sise ve Cam Fabrikalari A.S; the activities of Sisecam Cevre Sistemleri A.S operating under the glass recycling processing sector through its processing facilities have been investigated by the Competition Authority of Turkey Republic. The investigation conducted by the Competition Authority has been concluded with the acceptance of the commitments by Turkiye Sise ve Cam Fabrikalari A.S and Sisecam Cevre Sistemleri A.S (collectively as "Sisecam") presented to the Competition Authority to ease competition in the glass recycling processing sector. Sisecam's commitment to the Competition Authority to limit its glass recycling processing activities does not have any significant effect on both the activities and financial results of Sisecam.