It has been announced to public that; as per the Resolution dated 26.03.2024 of the Board of Directors of our subsidiary Alarko Tarım Sanayi ve Ticaret A.Ş. ("Alarko Tarım") it has been decided; 

- to participate in the capital increase of Beybur Tarım ve Hayvancılık A.Ş. ("Beybur Tarım"), a company operating in the agriculture field, which will raise its capital from TRY 50,000.00 to TRY 300,000,000.00, 

- within this scope, to cover the committed capital amount of TRY 299,950,000.00 from the cash receivables of Alarko Tarım from Beybur Tarım and

- to acquire 299,950,000 shares with the nominal value of TRY 299,950,000.00 that will be issued by the capital increase which will correspond to the 99.98% of the total company capital.

As per the new Resolution dated 08.04.2024 regarding acquisition of non-current financial asset, of Alarko Tarım's Board of Directors it has been decided;

- to acquire 50,000 shares with the total nominal value of TRY 50,000.00 of Beybur Tarım which corresponds to 100% of its capital in consideration of TRY 50,000.00 before participating in the capital increase,

- after completion of the share acquisition, to participate in the capital increase of Beybur Tarım which plans to raise its capital from TRY 50,000.00 to TRY 300,000,000.00, 

- within this scope, to cover the committed capital amount of TRY 299,950,000.00 from the cash receivables of Alarko Tarım from Beybur Tarım and

- to acquire 299,950,000 shares with the nominal value of TRY 299,950,000.00 that will be issued by the capital increase.

Respectfully announced to the public. 

This statement has been translated into English for information purposes only. In case of any discrepancy between Turkish and English versions of this statement of disclosure, Turkish version shall prevail.