[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Material Event Disclosure General
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Pursuant to the resolution of our Board of Directors dated June 30, 2021, it has been decided to resolve that Ülker Bisküvi Sanayi A.Ş. (Company) to start negotiations with our ultimate controlling shareholder Yıldız Holding A.Ş. for the acquisition of all controlling shares of Önem Gıda A.Ş. (Önem Gıda). Acquisition of Önem Gıda will create high-level synergies in our largest category chocolate business and add value to our Company's strategic and profitable growth. Under the relevant legislation, a valuation report will be prepared by a consulting company licensed by Capital Markets Board of Turkey  in Turkey. Based on the results of the valuation report,  Board of Directors will determine whether or not to pursue with the acquisition. Further developments on this subject will be announced to the public in full and in a timely manner.