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In accordance with the 10th article of Communiqué on Corporate Governance numbered: II – 17.1, the conlusion part of the report, prepared by Board of Directors in order to review transactions executed made with related parties in 2023 and to evaluate the properness of the related party transactions to be performed in 2024, is presented as follows. Related Party Transactions Report Conclusion Part
Conclusion As per the Capital Markets Board's (CMB) Communiqué Serial II, No. 17.1, our company's extensive and ongoing sales transactions with Fasdat Gıda Dağıtım Sanayi ve Ticaret A.Ş. and Pangaea Foods (China) Holdings Ltd. exceeded 10% of the revenue amount based on the last publicly disclosed annual financial statements for the 2023 accounting period. Similar transactions are anticipated to continue in the 2024 accounting period. Therefore, this report provides information on the price determination method and the transactions' compliance with market conditions.
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