[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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As a result of the credit rating assessment conducted by the independent credit rating agency JCR Eurasia Rating Inc., the Long-Term National Corporate Credit Rating of our Company, Sanica Isı Sanayi Inc., has been revised from ‘AA- (tr)' (Stable Outlook) to ‘A- (tr)' (Stable Outlook).

The "Rating Notification Form" prepared by the mentioned agency is attached herewith.

We hereby present this information to the public and shareholders.