[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Material Event Disclosure General
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-Unofficial Translation-

As a result of the application made to the Pirallahi Organized Industrial Zone by Gen Pharma Caucasus Manufacturing Operations MMC, which will build the first drug manufacturing facility of Azerbaijan, in which GEN is a 66% shareholder, the area allocation was made and the approval fort his was forwarded to our Company.

Also, Investment Incentive Certificate was given for this investment by the Azerbaijan's regulatory authorities. According to this certificate investment made by Gen Pharma Caucasus Manufacturing Operations MMC will be exempt from Customs Duty and Value Added Tax.

New developments regarding the project and the process will be shared with the public in accordance with the regulations the CMB of Türkiye II-15.1 Material Events Disclosure Comminuque.