[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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A non-binding Memorandum of Understanding (MoU) valid for one year has been signed between Vestel Mobilite Sanayi ve Ticaret AŞ, an indirect wholly-owned subsidiary of Vestel Elektronik Sanayi ve Ticaret AŞ, and Shloka Enterprises LLP, which is part of Krishna Group, one of the leading automotive groups in India, to explore potential collaboration opportunities particularly in electric vehicle charging stations as well as in mobility electronics and energy storage systems. Developments will be fully and promptly disclosed to the public.

This statement was translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.