In relation to news articles titled "Some Ülker products recalled in the USA due to incorrect labeling" published on certain news websites, it is necessary to make the following statement pursuant to Article 9, titled "Verification of News and Rumors," of the Capital Markets Board's Communiqué No. II-15.1 on Special Situations:
First and foremost, Ülker Bisküvi, our company, is not the direct party involved in the aforementioned product recall.
The recall decision is not due to the content or packaging of the product. It is a result of incorrect allergen labeling by a company based in the USA that, unbeknownst to us, obtained and distributed a limited number of our products from other markets. There is no missing information on the original Turkish packaging of the products. It has been determined that the distributor company made an incomplete English translation.
We send our products to the USA with packaging prepared directly in English to suit that market, without additional labeling.
The company in question identified the incorrect labeling, recalled the products, and has not provided any information regarding these developments to us. Ülker products are currently being shipped not only to Turkey but also to many countries around the world in full compliance with all regulations and laws. We are taking all necessary actions, while reserving all our legal rights concerning the company responsible for this issue.