KORDSA TEKNİK TEKSTİL A.Ş. Özel Durum Açıklaması (Genel) 6 Kasım 2026

Following the flood disaster that occurred in Bogor, Indonesia on March 3, 2025, insurance income totaling USD 25 million was recognized, comprising USD 20 million in the third-quarter 2025 financial statements and USD 5 million in the first-quarter 2026 financial statements. Following the conclusion of negotiations with the insurance company as of today, additional insurance income of USD 23.6 million has been approved for our PT Indo Kordsa facility, reaching the total insurance income related to PT Indo Kordsa to USD 48.6 million.

As PT Indo Kordsa is the main yarn supplier of Thai Indo Kordsa, insurance negotiations relating the business interruption caused by the flood (occurred in PT Indo Kordsa) at Thai Indo Kordsa operations are ongoing. Under the relevant insurance policy, the total coverage limit for property damage incurred at PT Indo Kordsa and Thai Indo Kordsa as a result of the flood, as well as loss of profit arising from business interruption for up to twelve months, is capped at USD 50 million. The USD 50 million coverage limit applies to the aggregate losses of both PT Indo Kordsa and Thai Indo Kordsa arising from the flood, rather than separately to each facility.

In case of a discrepancy between the Turkish and English versions of this public disclosure statement, Turkish version shall prevail.