Ekoten Tekstil Sanayi ve Ticaret A.Ş. ("Ekoten Tekstil") a subsidiary of our Company has signed a land pre-allocation agreement on 10.05.2023 amounting a total approximate allocation of 40.000.000 TL in order to establish a facility with 100.000 sqm land in the newly established Afyonkarahisar Central 2^nd Organized Industrial Zone, which will provide tax incentives under the scope of 6^th region investment incentives. It is targeted by Ekoten Tekstil to realize capacity increase, to meet the increasing demands of foreign customers for technical textile products and to increase product diversity in line with its medium/long term strategic investment plans. Ekoten Tekstil aims to provide additional employment, increase revenue and profitability by this investment.

Following the pre-allocation of the land, the developments regarding the finalization of the transactions, the transition to investment and production processes will be announced to the public within the framework of the procedures and principles regarding the public disclosure of material events.

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.