Soleil Yenilenebilir Enerji A.Ş which is 100% subsidiary of Margün Enerji Üretim Sanayi ve Ticaret A.Ş has been granted a production license by the Energy Market Regulatory Authority (EPDK) on 30.07.2020 in accordance with Law No. 6446 on the Electricity Market and relevant regulations, to carry out production activities for 49 years, starting from 30.07.2020, for the Özmen-1 Solar Power Plant project based on solar energy in Muğla province.  With this license, it sells the electricity it produces at a price of 13.3 USD cents per kWh for a period of 10 years starting from the temporary acceptance date of 23.10.2020, and at a price of 13.74 USDcent/kWh including domestic contribution for the first 5 years under the state purchase guarantee in accordance with Laws No. 5346 and No. 6094

In accordance with the "Regulation on Storage Activities in the Electricity Market" published on 19.11.2022 the provision has been added that "Legal entities holding a production license can establish an integrated storage unit within a licensed production facility." In accordance with this, an application has been submitted on 08.11.2023 to the Energy Market Regulatory Authority (EPDK) to install an integrated storage unit with a capacity of 2.064 MWp for our Özmen-1 GES project with an installed capacity of 20.17 MWp.

Our request to add an integrated electricity storage unit to the Özmen-1 Renewable Energy Facility, as stated in the license dated 30/07/2020 with reference number EÜ/9476-15/04582, has been approved by the Energy Market Regulatory Authority with Decision No. 12531-25. This approval is the first approval granted by Republic of Turkey Energy Market Regulatory Authority in Turkey for integrated storage within the scope of renewable energy.

The Environmental Impact Assessment (EIA) application for the installation of an integrated electricity storage unit in the power plant area was submitted to the Ministry of Environment, Urbanization, and Climate Change on 15.04.2024.

After installing the integrated electricity storage unit at the production facility, it is expected to achieve additional sales revenue through approximately 860,000 kWh/year of surplus production, thanks to minimizing imbalance costs and feeding excess electricity generated beyond the available capacity into the system using storage methods.

This capacity increase will also help our company produce more green energy and reduce carbon emissions.

It is respectfully announced to the public and our investors.

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