MHR GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş. Özel Durum Açıklaması (Genel) 29 Haziran 2026

As stated in our company's KAP announcement dated June 11, 2026,

As part of the residential project ("Project") consisting of villas that our company plans to develop on the plots registered in Reşadiye Neighborhood, Çekmeköy District, Istanbul Province—specifically plots nos. 1, 3, 6, and 7 of block 598, and plots nos. 692 and 923 of block 0— pursuant to the contract signed on November 8, 2024, discussions were held with various construction companies, bids were received, and following an evaluation conducted with the landowner, it was determined that the bid amounts exceeded the cost estimates projected for the planned Project,

Accordingly, as agreed with the landowner, in order to minimize Project costs, reduce the potential negative impact of cost increases on the Project and the Company's finances, strengthen the Project's economic feasibility, and protect the interests of our Company and our partners, discussions will be held with new construction companies, It has been announced that it was decided to restructure the ownership shares of the independent units within the scope of the project so that 52.09% of the value belongs to our Company and 47.91% to the Landowner, and that these amendments will be implemented as an addendum to the master agreement dated November 8, 2024.

The supplementary protocol, prepared in accordance with the terms agreed upon with the landowner, was signed today (June 29, 2026).

This is the translation of the Turkish disclosure made through the Public Disclosure Platform. In accordance with CMB legislation, in case of any difference between the Turkish and English versions of this disclosure, the Turkish version shall prevail.