[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Evet (Yes)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
27.10.2025-28.10.2025
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Hayır (No)
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Announcement Content
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Explanations
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In line with our Company's goal of increasing investments in the field of renewable energy, a share transfer agreement was signed on October 27, 2025, between a company incorporated in Turkey and Bosphorus Yenilenebilir Enerji A.Ş., a wholly owned subsidiary of our Company, for the acquisition of 9 Geothermal Resource Licenses located in the provinces of Denizli and Manisa, with a total installed capacity potential of 505 MWm.

Pursuant to the Board of Directors' resolution dated October 27, 2025, it was decided that the project company to be established for the realization of these investments would be named "Margün Jeotermal Enerji Üretim A.Ş.", and it was announced that 77.50% of the company's share capital would be owned by Bosphorus Yenilenebilir Enerji A.Ş.

Today, our Company has been informed that Naturel Holding A.Ş. has resolved to participate in the newly established project company with a 17.50% shareholding in its capital structure.

Upon completion of the planned investments by the new company, an annual gross electricity generation of approximately 3,863,250,000 kWh is expected from the geothermal power plants. Excluding potential additional revenues, the project is anticipated to generate an estimated USD 405,000,000 (TRY 16,946,293,500) in annual electricity sales revenue and approximately USD 324,000,000 (TRY 13,557,034,800) in annual EBITDA.

This investment represents a significant step within Margün Enerji Üretim Sanayi ve Ticaret A.Ş.'s growth strategy in the geothermal energy sector, and further developments will be disclosed to the public in due course.

Respectfully submitted to the public and our investors.

This statement has been 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.