MARGÜN ENERJİ ÜRETİM SANAYİ VE TİCARET A.Ş. Finansal Duran Varlık Edinimi 10 Nisan 2025

Margün Enerji Üretim Sanayi ve Ticaret A.Ş. signed a share transfer agreement with Mr. Haydar Arda ÇAKMAK on March 24, 2025, to acquire 100% of the shares of RSC  Elektrik Üretim İnşaat Turizm A.Ş. This acquisition aligns with Margün Enerji's  goal of increasing its investments in the renewable energy sector and  fulfilling its public offering commitments. RSC Elektrik owns the RSC-1 Seferihisar Geothermal Power Plant, which has an installed capacity of 12 MWm and was developed and established under the Electricity Market Licensing Regulation. As per the agreement, all revenues from the company will belong to us as of June 30, 2024.

The renewable energy-based power plant subject to the sale is located in İzmir and is currently in operation, with a total installed capacity of 12.00 MWm.

The total cost of this acquisition is 16,000,000 USD (TRY 606,916,800.00), and after deducting all bank and market debts of the acquired company, the remaining amount was paid as the share price, completing the transaction.

The electricity generated by this plant has been sold under a government purchase guarantee in accordance with Law No. 5346 on Renewable Energy Sources (Renewable Energy Sources Support Mechanism Law) at a price of 12.50 USD cents/kWh (including the local content incentive) for five years as of the acceptence date. For the remaining years, the electricity will be sold at 10.50 USD cents/kWh. In 2025, approximately 51,335,683 kWh of production and 6,416,960 USD (TRY 243,410,052) of sales revenue are expected from these plants, with an estimated EBITDA of approximately 3,578,796 USD (TRY 135,751,964).

As of December 31, 2024, our company's total installed capacity in the solar power plant (SPP) portfolio was 118.03 MWm. With the acquisition of a 12.00 MWm geothermal power plant this year, our total installed capacity will increase to 130.03 MWm. Additionally, Margün Enerji is the largest shareholder of Enda Enerji Holding A.Ş., which operates a total of 200.04 MWm of power plants, including 4 hydroelectric power plants, 5 wind power plants, 1 geotherma power plants , and 3 solar power plants.

As a result of this acquisition, our company's total installed capacity, including its subsidiaries, has reached 330.07 MWm.

The share transfer transactions were completed on March 28, 2025. However, due to the requirement for confirmation of the governorship's approval for the transfer and the risk of misleading or causing harm to investors in the event that such approval is not granted, it was decided to postpone the public disclosure of this inside information in accordance with Article 6, titled "Postponement of Public Disclosure of Inside Information," of the Capital Markets Board's Communiqué on Material Events (II-15.1), based on the terms of the agreement.

It is announced to the public and our investors with respectfully. 

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.