[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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PowerDev, Inc., in which our 100% subsidiary Alesta Elektronik Teknoloji Yatırım A.Ş. invested 3.63% with a share convertible financing agreement at a company valuation of 2.150.000 USD in March 2022, this time received an investment with a company valuation of 9.000.000 USD.

PowerDev Inc. was founded by Mustafa Köroğlu and Mehmet Ötkün, based in the United States. It combines energy market big data collected from multiple sources and presents it to users through its SaaS data analysis tool. PowerDev, which was established to provide insight and forecasting tools in the fields of energy project development, battery investment and energy trading by providing real-time data flow from more than a hundred thousand energy points, targets renewable energy development companies, producer and consumer companies that want to use batteries for profit maximization and cost reduction, and energy trading.

We present it to the information of our shareholders and the public.