[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Board of Directors of our 30% subsidiary RWE & Turcas Güney Elektrik Üretim A.Ş. ("RTG") after evaluating the company's future business plans has decided to reduce the Company's total share capital by TRY 275,000,000 from TRY 1,874,681,920 to TRY 1,599,681,920 as a result of the evaluation of RTG's share capital being more than required.

Following the transaction, there will not be any change in the 30% shareholding ratio of Turcas Petrol A.Ş. at RTG. The portion of our Company in the related capital decrease is 82,500,000 TL (30% of the capital decrease amount) and this amount is expected to be paid by RTG to our Company in cash after the completion of relevant legal procedures -- expected to be completed until end of 2022 first half --.

Capital decrease transaction will be subject to the approval of shareholders at RTG's Extraordinary General Assembly Meeting to be held on 15.02.2022. The developments regarding the process will be shared with the public subsequently.

Best regards,