MARGÜN ENERJİ ÜRETİM SANAYİ VE TİCARET A.Ş. Finansal Duran Varlık Satışı 10 Aralık 2025

In line with our Company's objective to expand its investments in the field of renewable energy, an agreement was executed on 27.10.2025 between a company incorporated in Türkiye and Bosphorus Yenilenebilir Enerji A.Ş. (Bosphorus), our wholly owned subsidiary, regarding the acquisition of 9 Geothermal Resource Licenses located in the provinces of Denizli and Manisa, with a total installed capacity potential of 505 MWm.

For the purpose of realizing the said investments, Margün Jeotermal Enerji Üretim A.Ş., with an initial capital of TRY 100,000,000, was incorporated on 07.11.2025, with 82.50% of its shareholding being met by Bosphorus, our wholly owned subsidiary, and the remaining 17.50% by Naturel Holding A.Ş.

The Shareholders' Agreement and Share Transfer Agreement regarding the transfer of all 5,000,000 Class C registered shares of Margün Jeotermal Enerji Üretim A.Ş. owned by Bosphorus to Pardus Portföy Yönetimi A.Ş. First Mixed Venture Capital Investment Fund (BKG) have been executed, and the share transfer transactions have been completed. The aforementioned 5,000,000 Class C registered shares have been transferred for a consideration of TRY 5,000,000, and as of the current situation, Bosphorus' shareholding ratio has been realized as 77.50%.

Upon completion of the planned investments by the newly established company, an annual gross electricity generation of approximately 3,863,250,000 kWh is expected from the geothermal power plants. Excluding potential additional revenues, the annual total electricity sales revenue is expected to reach approximately USD 405,000,000 (TRY 16,946,293,500), along with an estimated EBITDA of approximately USD 324,000,000 (TRY 13,557,034,800).

This investment represents a significant step within Margün Enerji Üretim Sanayi ve Ticaret A.Ş.'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.