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English
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oda_MaterialEventDisclosureGeneralAbstract|
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Evet (Yes)
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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25.10.2023
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_ExplanationSection|
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Due to the earthquake that occurred on February 6, 2023, an agreement was reached to collect 105 million USD in addition to the 100 million USD advance fee received, regarding the claim payment to be collected within the insurance scope of our Company's subsidiary İskenderun Demir ve Çelik A.Ş.
The process regarding the total claim payment to be collected within the scope of insurance continues, and efforts are being carried out with determination to complete the relevant claim payment process within 2024. Developments on the subject will be shared with the public.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.