[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Material Event Disclosure General
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Hayır (No)
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Explanations
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At our Board of Directors' meeting, in light of conjunctural developments, current market conditions in the European region and the outlook for 2025,  with a focus on managing the production-sales-inventory balance with high efficiency and enhancing profitability; it has been decided to accelerate the cold repair plan for Sisecam North Italy Flat Glass Facility float line and schedule it and the extended shutdown as of February 7, 2025. Additionally, it was resolved to suspend production at the Factory's laminated line as of March 13, 2025, with the goal of recommissioning it at the earliest opportunity. The General Directorate of Sisecam has been authorized to carry out all necessary procedures related to this process. Workforce planning, considering the cold repair plan and Sisecam's coating line investment in the same factory, will be conducted in compliance with local regulations.

Thanks to increase in capacity utilization at our other flat glass facilities in Europe, these actions are expected to generate a positive contribution of approximately 8-10 Million EUR on the EBIT level.

Any new developments related to this matter will be shared with the public within the framework of the relevant legislation.

In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.