[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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New Business Relation
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Update Notification Flag
Hayır (No)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Nature Of The Other Party With Which New Business Relation Will Start
Tedarikçi (Supplier)
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Name Surname Or Company Title Of Customer Or Supplier
SITI B&T Group S.p.A.
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If Exists Share Of Customer Or Supplier In Net Sales Or Cost Of Goods Sold On Latest Disclosed Profit Or Loss And Other Comprehensive Income Statement Of Company
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If Exists Share Of Customer Or Supplier In Trade Receivables Or Debts On Latest Disclosed Statement of Financial Position Of Company
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Expected Starting Date O fNew Business Relation
22/02/2024
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If Exist Significant Provisions Of The Contract
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Impact Of New Business Relation On Company Activities
A positive impact on sales is expected.
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Explanations
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A contract was signed with Italian SITI B&T Group S.p.A. for the purchase of "Supera Production Line - Stoned Glazed Porcelain Production System" in order to establish "Supera Production Line" in our production facilities in Çanakkale, Çan, was signed as of February 22, 2024. The delivery of the relevant machinery and equipment is expected to be completed within 4-6 months and production is scheduled to start in the last quarter of 2024.

With the new investment of EUR 5,54 million, which will be made within the scope of the Slab-Sinterflex investment stated in the prospectus and will be covered from the fund provided by the public offering, our existing old granite line will be renewed and developed in order to produce slab of 120 cm.x280 cm. and 60 cm.x120 cm.

It is estimated that the sales revenue from the products to be produced on the new production line will account for 10-15% of the estimated turnover in 2025.

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.