MARGÜN ENERJİ ÜRETİM SANAYİ VE TİCARET A.Ş. Özel Durum Açıklaması (Genel) 28 Ekim 2025

In line with our Company's goal to expand its investments in the field of renewable energy, a share transfer agreement was signed on October 27, 2025, between a Turkey-based company and Bosphorus Renewable Energy Inc. (Bosphorus Yenilenebilir Enerji A.Ş.), a wholly owned subsidiary of our Company, for the acquisition of 9 Geothermal Resource Licenses located in the provinces of Denizli and Manisa, with a total installed capacity potential of 505 MWm.

Pursuant to the Board of Directors' resolution dated October 27, 2025, it has been decided that the project company to be established for the realization of these investments will be named "Margün Geothermal Inc." (Margün Jeotermal A.Ş.). 77.50% of the share capital of the newly established company will be owned by Bosphorus Renewable Energy Inc.

Upon completion of the planned investments, the Geothermal Power Plants are expected to achieve an annual gross electricity generation of approximately 3,863,250,000 kWh. Excluding potential additional revenues, the project is expected to generate annual total sales revenue of around USD 405,000,000 (Four Hundred and Five Million United States Dollars) [TRY 16,946,293,500 – Sixteen Billion Nine Hundred Forty-Six Million Two Hundred Ninety-Three Thousand Five Hundred Turkish Lira], and an EBITDA of approximately USD 324,000,000 (Three Hundred Twenty-Four Million United States Dollars) [TRY 13,557,034,800 – Thirteen Billion Five Hundred Fifty-Seven Million Thirty-Four Thousand Eight Hundred Turkish Lira] solely from electricity production.

This investment represents a significant step within the scope of Margün Energy Production Industry and Trade Inc.'s growth strategy in the geothermal energy sector, and further developments will be shared with the public.

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.