[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
System Ceramics Spa
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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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oda_IfExistsShareOfCustomerOrSupplierInTradeReceivablesOrDebtsOnLatestDisclosedStatementofFinancialPositionOfCompany|
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
26/06/2024
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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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Our company, which is the world's first 3 mm thick porcelain plate producer under Kalesinterflex brand, has signed a memorandum of understanding with System Ceramics Spa for an investment that will increase its production capacity of 1 x 3 meters and 1.2 x 3.6 meters by 50% within the scope of porcelain slab investments.

The first phase is expected to be completed on May 1, 2025 and the second phase is expected to be completed by the end of 2025. With the investment of approximately EUR 15 million to be made within the scope of the Slab-Sinterflex investment included in the Prospectus and to be covered by the fund provided from the public offering, it is aimed to increase the capacity of the said products from 1.6 million m2 to 2.4 million m2.

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.