[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Bugamed Biyoteknoloji Sanayi ve Ticaret A.Ş., in which our subsidiary Alesta Elektronik Teknoloji Yatırım A.Ş. participated by 2.5% on 30.10.2020 with a company valuation of TL 10.000.000, received new investment this time with a company valuation of TL 185.000.000.  Alesta participated in the investment round by maintaining its existing stake.

BUGAMED, which has increased its valuation 17.5 times in 3 years, plans to produce medical collagen using high technology from organic wastes. Medical Collagen, which we are dependent on imports because it is not produced in our country, is used as a raw material in the production of artificial heart valves, artificial cornea, artificial skin and many medicines.

We submit for the information of our shareholders.