Summary Info	Capital Markets Board approval has been obtained for the merger of our 100% subsidiary, Elba HR İnsan Kaynakları Eğitim ve Danışmanlık Anonim Şirketi, through the simplified procedure.
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	18.04.2025
Merger Model	Merger Through Acquisition
Date Of Financial Statements Base To Merger	31.12.2024
Currency Unit	TRY

Acquired Company	Trading On The Stock Exchange/Not Trading On The Stock Exchange	Share Exchange Rate	Group of Share To Be Distributed To Acquired Company Shareholders	Form of Share To Be Distributed To Acquired Company Shareholders
Elba HR İnsan Kaynakları Eğitim ve Danışmanlık Anonim Şirketi	Not Trading On The Stock Exchange	0

Share Group Info	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital	New Shares To Be Given Due To Merger
A Grubu, İşlem Görmüyor, TRELOGO00021	132.000	0	0	132.000
B Grubu, LOGO, TRALOGOW91U2	94.868.000	0	0	94.868.000

	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital
TOTAL	95.000.000 TL	0 TL	0 TL	95.000.000 TL

Capital Market Board Application Date Regarding Merger	18.04.2025
Capital Market Board Application Result Regarding Merger	APPROVAL
Capital Market Board Approval Date Regarding Merger	07.08.2025
Capital Market Board Application Date	18.04.2025
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	07.08.2025

Additional Explanations

The merger of our 100% subsidiary, Elba HR İnsan Kaynakları Eğitim ve Danışmanlık Anonim Şirketi, through a simplified procedure by acquisition, has been approved by the Capital Markets Board's (" Board ") decision dated 07/08/2025 and was published in the Bulletin No. 2025/43. The announcement text and the merger agreement, both approved by the Board, are included in the attached disclosure.

We hereby inform the public.

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.

Documents Regarding Merger

Appendix: 1	Birleşme_Sözleşmesi.pdf - Merger Contract
Appendix: 2	Duyuru Elba_Son.pdf - Announcement Text