[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Information about the transformer factory investment planned to be opened in Balıkesir was shared in our public offering prospectus.

In order to increase the product diversity in the market in which we operate, the construction of our transformer factory, machinery and equipment installations have been completed in Balıkesir Organized Industrial Zone for the production of renewable energy power plants, special type transformers and medium power distribution transformers used for the distribution network, and test and trial production has been started. The installation of the high voltage test laboratory is ongoing and the developments will be shared with the public.

We present it to the information of the public and our investors.

This statement has been translated into English for informative purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.