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The statement submitted to our Company by GIC Private Limited one of the shareholders of our Company, is shared below. GIC Private Limited ("GIC") announces that it has commenced the sale (the "Transaction") of 13.000.000 Class B ordinary shares (the "Shares") in Rönesans Gayrimenkul Yatırım AŞ ("RGY"), representing 3,927% of the issued share capital of RGY. The Transaction involves the sale of shares to qualified institutional investors resident in Turkey and abroad , and the final terms, including the price per share, will be determined at the end of an accelerated bookbuilding process which will commence immediately. GIC reserves the right to change the terms and timing of the Transaction. RGY will not receive any proceeds from the Transaction. Within the scope of the Transaction, Citigroup Global Markets Limited ("Citi") has been appointed as the exclusive Global Coordinator and Bookrunner, and Ünlü Menkul Değerler A.Ş. ("Ünlü") has been appointed as the exclusive Local Coordinator and Bookrunner for the purpose of executing the Transaction as a Borsa Istanbul AŞ ("BIST") wholesale trading transaction/ block trade. Ünlü, will apply to BIST on 26 November 2025. Depending on the approval date of BIST, the Transaction is expected to be executed on 27 November 2025 and the settlement of the transaction is anticipated to be completed on 1 December 2025. GIC currently directly holds approximately 18.377 % of the issued share capital of RGY and upon completion of the Transaction, its shareholding in the capital of RGY is anticipated to be 14,45 %. Upon completion of the Transaction, RGY shares that will remain in GIC's portfolio will be subject to a 90-day lock-up period, subject to customary exceptions and waivers agreed with Citi. Developments will be fully and timely disclosed to the public. Citigroup Global Markets Limited is authorised by the Prudential Regulation Authority ("PRA") and regulated by the Financial Conduct Authority ("FCA") and the PRA. Citigroup Global Markets Limited is acting solely on behalf of GIC in relation to this Transaction and will not act on behalf of any other person and will not be responsible for providing protection or advice to any person other than GIC in relation to the Shares and the Transaction, the contents of this announcement or any Transaction, arrangement or other matter referred to herein. We hereby declare that our above disclosures are in compliance with the principles set forth in the Capital Markets Board's Communiqué on Material Events currently in force; that they fully reflect the information communicated to us on the relevant matter(s); that such information is consistent with our books, records, and documents; that we have made all reasonable efforts to obtain accurate and complete information on the subject; and that we are responsible for these disclosures made. 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.
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