[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
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English
oda_NoncurrentFinancialAssetAcquisitionAbstract|
Noncurrent Financial Asset Acquisition
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
27.10.2025-28.10.2025-06.11.2025
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_BoardDecisionDateForAcquisition|
Board Decision Date for Acquisition
27/10/2025
oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForAcquisition|
Were Majority of Independent Board Members' Approved the Board Decision for Acquisition
Yes
oda_TitleOfNoncurrentFinancialAssetAcquired|
Title of Non-current Financial Asset Acquired
Margün Jeotermal Enerji Üretim A.Ş.
oda_FieldOfActivityNoncurrentFinancialAssetWhoseSharesWereAcquired|
Field of Activity of Non-current Financial Asset whose Shares were being Acquired
Climate Technologies Investments
oda_CapitalOfNoncurrentFinancialAsset|
Capital of Noncurrent Financial Asset
TRY 100,000,000
oda_AcquirementWay|
Acquirement Way
Kuruluşta Edinim (Establishment)
oda_DateOnWhichTheTransactionWasWillBeCompleted|
Date on which the Transaction was/will be Completed
07.11.2025
oda_AcquisitionConditions|
Acquisition Conditions
Diğer (Other)
oda_DetailedConditionsIfItIsATimedPayment|
Detailed Conditions if it is a Timed Payment
-
oda_NominalValueOfSharesAcquired|
Nominal Value of Shares Acquired
TRY 82,500,000
oda_PurchasePricePerShare|
Purchase Price Per Share
TRY 1
oda_TotalPurchasingValue|
Total Purchasing Value
TRY 82,500,000
oda_RatioOfNewSharesAcquiredToCapitalOfNoncurrentFinancialAsset|
Ratio of New Shares Acquired to Capital of Non-current Financial Asset (%)
82.50
oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterTransaction|
Total Ratio of Shares Owned in Capital of Non-current Financial Asset After Transaction (%)
82.50
oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterTransaction|
Total Voting Right Ratio Owned in Non-current Financial Asset After Transaction (%)
82.50
oda_RatioOfNoncurrentFinancialAssetAcquiredToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
Ratio of Non-current Financial Asset Acquired to Total Assets in Latest Disclosed Financial Statements of Company (%)
0.004
oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
Ratio of Transaction Value to Sales in Latest Annual Financial Statements of Company (%)
0.073
oda_EffectsOnCompanyOperations|
Effects on Company Operations
Positive
oda_DidTakeoverBidObligationArised|
Did Takeover Bid Obligation Arised?
Hayır (No)
oda_WillExemptionApplicationBeMadeIfTakeoverBidObligationArised|
Will Exemption Application be Made, if Takeover Bid Obligation Arised?
Hayır (No)
oda_TitleNameSurnameOfCounterParty|
Title/ Name-Surname of Counter Party
-
oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
Is Counter Party a Related Party According to CMB Regulations?
Hayır (No)
oda_RelationWithCounterPartyIfAny|
Relation with Counter Party if any
-
oda_AgreementSigningDateIfExists|
Agreement Signing Date if Exists
oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
Value Determination Method of Non-current Financial Asset
-
oda_DidValuationReportBePrepared|
Did Valuation Report be Prepared?
Düzenlenmedi (Not Prepared)
oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
Reason for not Preparing Valuation Report if it was not Prepared
Establishment
oda_DateAndNumberOfValuationReport|
Date and Number of Valuation Report
-
oda_TitleOfValuationCompanyPreparedReport|
Title of Valuation Company Prepared Report
-
oda_ValueDeterminedInValuationReportIfExists|
Value Determined in Valuation Report if Exists
-
oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
Reasons if Transaction wasn't/will not be performed in Accordance with Valuation Report
-
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

In line with our Company's goal of increasing its investments in the field of renewable energy, a share transfer agreement was signed on October 27, 2025, between a company incorporated in Türkiye and Bosphorus Yenilenebilir Enerji A.Ş., a wholly-owned subsidiary of our Company, regarding the acquisition of 9 Geothermal Resource Licenses located in the provinces of Denizli and Manisa, with a total installed capacity potential of 505 MWm.

It had been previously announced to the public that the project company to be established for the realization of these investments would be named Margün Jeotermal Enerji Üretim A.Ş., with 77.50% of its capital to be owned by Bosphorus Yenilenebilir Enerji A.Ş. and 17.50% to be owned by Naturel Holding A.Ş.

In this context, on November 7, 2025, Margün Jeotermal Enerji Üretim A.Ş. was established with an initial capital of TRY 100,000,000, of which 82.50% was provided through Bosphorus Yenilenebilir Enerji A.Ş., our Company's wholly-owned subsidiary, and the remaining 17.50% was provided by Naturel Holding A.Ş.

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

This investment constitutes a significant step within the framework of Margün Enerji Üretim Sanayi ve Ticaret A.Ş.'s growth strategy in the geothermal energy sector, and further developments will be shared with 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.