IZMDC made a special situation statement to PDP

Our company's subsidiary, Izdemir Enerji Elektrik Üretim A.Ş., in which we hold an 85.44% stake, had announced on the Special Situation Disclosure dated 28/03/2023 that the application made on 01.12.2022 for the transition to the registered capital system of the Capital Markets Board and the compliance of the Articles of Association with Capital Market Legislation had been approved. As part of the public offering of shares of Izdemir Enerji Elektrik Üretim A.Ş., it has been decided to offer a total of 115,100,000 shares, with 75,000,000 shares to be offered through capital increase, each with a nominal value of 1.00 TL within the registered capital ceiling, and 40,100,000 shares to be offered to the public through the sale of the shares owned by Izmir Demir Celik Sanayi A.S. The application file, which includes the draft prospectus and fund usage report prepared in accordance with the regulations of the Capital Markets Board for the public offering process, has been submitted simultaneously to the Capital Markets Board and Borsa Istanbul A.S. on 14.04.2023 (today). The draft prospectus and fund usage report contained in the application file submitted to the Capital Markets Board will be published on the websites www.izdemirenerji.com of Izdemir Enerji Elektrik Üretim A.Ş. and www.garantibbvayatirim.com.tr of the lead intermediary Garanti Yatırım Menkul Kıymetler A.S. Any developments related to the public offering process will be shared with the public and investors separately. Yours sincerely, If there is any discrepancy in the English translation of this disclosure, the Turkish version shall prevail.