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As Banvit Enerji ve Elektrik Üretim A.Ş., a 100% subsidiary of our Company, is not considered beneficial to continue its activities, it was decided to initiate the liquidation procedures of the company at the general assembly meeting held on 4 April 2024. The liquidation of Banvit Enerji ve Elektrik Üretim A.Ş. is not expected to have a significant impact on the operations and financial statements of our Company. Public disclosure will be made when the liquidation process is completed. 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. |
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.