Further to our Material Disclosure dated 29 March 2021, the issues in the global supply of semiconductor is continuing. The problem has been compounded with the additional supply issues in semiconductor caused by the earthquake and fire in Japan.

Until now the impact of this global crisis has been minimized by the efforts of our main partner, Ford Motor Company, and the collaboration we have carried out with our suppliers. Nevertheless, following the recent developments it was decided to bring forward our annual planned summer shutdown and suspend production in our Gölcük plant from April 19 to June 13 due to the restrictions in the supply of some parts, where imported microchip use is intensive. During this period, maintenance works and rearranging production lines in preparation for new investments will continue. Production will continue in our Yeniköy and Eskişehir plants.

The effects of production loss caused by the suspension of production is reduced by the increase in production pace in the following months, therefore, our total production and sales guidance for the year 2021, is expected to remain within the previously announced range.

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.