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On the 8th March 2021, Board of Directors decided to grant authority Haluk Dortluoğlu, Executive Committee Member and CFO, to disclose to the public the expectations of the Company for 2021 and the information regarding the reasons of the differences, in case the material differences occur between the expectations and the actuals. In accordance with this decision, expectations for the year 2021 are listed as follows; • Sales growth 20-25% • EBITDA Margin (*) 8,0% (+- 0,5) • Capital Expenditures 1.750 million TL (*) 2021 EBITDA margin target reflects IFRS 16 – lease standards effects.
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.