EMLAK KONUT GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş. Özel Durum Açıklaması (Genel) 9 Aralık 2025

The second session of the tender for "Istanbul Ataşehir Küçükbakkalköy Revenue Sharing Model Project in Return for Land Sale", which will be developed on the land located in Istanbul Ataşehir Küçükbakkalköy within the scope of the Cooperation Protocol signed between our Company and Fenerbahçe Sports Club and Akfin Real Estate Appraisal Inc., was held on 09.12.2025 at 14:00.

In the session held before the Tender Committee, the offers submitted by the bidders were evaluated, and the highest offer received is as follows:

Total Sales Revenue in Return for Land Sale (ASKSTG): TL 46,000,000,053

Company Revenue Share Ratio in Return for Land Sale: 45.00%

Company Total Revenue Share in Return for Land Sale (ASKŞPTG): TL 20,700,000,024

In accordance with the provisions of the protocol signed with the Land Owners within the scope of the said project; the sharing principles have been determined such that 80% of the Company Share Total Revenue in Return for Land Sale obtained in the tender shall belong to the Land Owners, and 20% to our Company.

The total Company Share Revenue reached at the level of TL 20.7 billion as a result of the tender corresponds to 5.44 times the appraisal value (TL 3.8 billion) of the said land.

The list of bidders participating in the tender and the details of their offers are presented in the attached list. The evaluation process of the offers is ongoing, and the public will be informed separately following the conclusion of the tender.

Best Regards,

APPENDIX: List of Bidders and Offers

In accordance with the Turkish capital markets regulations, in case of any discrepency between the Turkish and English versions of disclosures, the Turkish language version which is published on the Public Disclosure Platform (Kamuyu Aydınlatma Platformu) shall prevail.