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In line with the global transformation in the renewable energy sector and the growing demand for energy storage, we, as PEAK PV, are pleased to announce our decision to commence a strategic production investment.

Within this scope, we are planning to establish a Cell-to-Pack assembly facility designed to reach an annual production capacity of 2 GWh, alongside production lines for racks and containers for grid-scale Battery Energy Storage Systems (BESS), as well as electro-assembly lines for commercial and industrial (C&I) applications. Our investment represents an important step not only in strengthening our domestic production capabilities in energy storage solutions, but also in positioning PEAK PV as a competitive player in regional and international markets.

In the planned assembly facility, advanced prismatic type 1C and blade type 0.5C cells, for which cooperation agreements have already been signed, will be actively utilized. In this way, the facility will be able to meet the increasing demand for 1C projects in the domestic market while also offering flexible and scalable solutions tailored to the 0.5C-focused projects in the European market. Installation, commissioning, testing, prototype production, and certification processes are planned to be completed by the end of the first quarter of 2026.

The building where the facility will be established is currently ready for use. Following the completion of detailed designs and layout plans for the assembly facility and other production lines, infrastructure works will commence. All preparations and procurement processes for machinery and equipment are expected to be finalized by the end of 2025, followed by the installation of the assembly and production lines.

All relevant equipment for our Group's 650 MWh stand-alone energy storage project to be implemented in Türkiye will also be manufactured at this facility.

With this investment, the partnership between PEAK PV, Europower Enerji, and Girişim Elektrik aims to further enhance production and engineering capabilities in the field of energy storage systems. Our strong ambition is to continue positioning ourselves as the preferred solution partner and leading systems integrator for large-scale projects both in Türkiye and in the European market. Built on technological competence, domestic production, and a global vision for growth, our collaboration will strengthen local manufacturing in the context of sustainable energy transformation and generate sustainable value for all stakeholders, grounded on global competitiveness.

Best regards,