VESTEL ELEKTRONİK SANAYİ VE TİCARET A.Ş. Finansal Duran Varlık Edinimi 11 Temmuz 2025

In relation to our material event disclosure dated September 18, 2024 regarding the letter of intent signed for the acquisition of certain shares of Vidaa (Netherlands) International Holdings B.V. ("Vidaa B.V."), a subsidiary of Hisense Co., Ltd. the world's second largest and China's largest TV manufacturer, which incorporates the TV operating system and broadcasting platform VIDAA; 

On July 11, 2025 (today), a Share Subscription Agreement was signed between our 100% indirect subsidiary, Vestel Holland B.V. ("Vestel Holland") and Vidaa (Netherlands) International Holdings B.V. ("Vidaa B.V.") for the purchase of 842,602 newly issued shares as part of a capital increase in Vidaa B.V. together with a Shareholders' Agreement executed among the parties, and the share purchase price will be paid with deferred payments under the guarantee of Vestel Holland.

Furthermore, a platform revenue agreement has been signed between our Company and Vidaa USA, Inc., a wholly-owned subsidiary of Vidaa B.V., for sharing of platform revenues of Vidaa to be generated from the sales of TVs with Vidaa platform with our Company.

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.