ESENBOĞA ELEKTRİK ÜRETİM A.Ş. Yeni İş İlişkisi 13 Ağustos 2025

As of the end of 2021, the number of electric vehicles in Türkiye stood at 7,694, whereas by November 2024 it had reached 167,519, representing a growth rate of 2,077%. Based on these figures, EV-related charging infrastructure is expected to continue its rapid growth in the coming period.

For the sustainable development of electric vehicle (EV) infrastructure, integrated payment systems are of strategic importance alongside charging network hardware and software. Payment infrastructures integrated with mobility-focused digital solutions play a critical role in both enhancing user experience and increasing operational efficiency. Solutions developed within the scope of Türkiye's fintech and payment systems regulations are also expected to accelerate the digitalization of the mobility sector.

In this context, Naturel ChargeN Electric Vehicles Technology Inc. (ChargeN), a 25% subsidiary of Esenboğa Elektrik Üretim A.Ş., has decided to initiate preliminary discussions with hardware manufacturers for EV charging infrastructure, installation and maintenance service providers, battery and electric motor system service providers, as well as companies developing charging software solutions and e-charging payment systems, in order to evaluate investment, partnership, or acquisition alternatives.

As part of this strategy, in the first phase, a Memorandum of Understanding (MoU) has been signed with Voltla Electric Vehicles Technology Inc., one of the companies in Türkiye developing software solutions and integrated payment infrastructures for charging networks and EV systems, to evaluate potential strategic cooperation opportunities.

Respectfully submitted 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.