[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
12.08.2024, 18.02.2025, 28.02.2025
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Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
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In the lawsuit filed against Muratpaşa Municipality for the cancellation of the suspension of construction of Divan Talya Hotel, which was announced to the public with our material event disclosure dated 12.08.2024, our company was found right by Antalya 4th Administrative Court and it was decided that there was no legality in the suspension of construction and the transaction was cancelled. Since the appeal decision of Konya Regional Administrative Court, which is the subject of our material event disclosure dated 18.02.2025, decided to annul the first instance court decision regarding the cancellation of the 1/1000 scale Implementation Plan and the construction permit related to this plan, the decision of Antalya 4th Administrative Court does not have a significant impact on the current actual situation. Our company has also learned that the plaintiff has also appealed to the Council of State along with a stay of execution against the aforementioned appeal decision.

As announced to the public in our statement dated 28.02.2025, our construction work continues where it was left off, and developments will be shared with our investors through special situation statements and/or activity reports depending on the importance of the issue.

The English translation of this statement is attached, and in the event of any differences in the statement texts, the Turkish statement will prevail.