Following our disclosure on 25.03.2026, the number of shares subject to the sale has been reassessed and subsequently increased in response to investor demand and Türkiye Petrol Rafinerileri A.Ş. (the "Tüpraş") Class A shares with a total nominal value of TRY 40,000,000 corresponding to approximately 2.1% of the issued share capital of Tüpraş (the "Shares") have been placed with institutional investors in and outside of the Republic of Türkiye in the accelerated bookbuilding process, which priced at TRY 233 per Share, for a total amount of proceeds of TRY 9,320,000,000 (the "Transaction").
In order to facilitate the settlement of the Transaction as a wholesale transaction, ÜNLÜ Menkul Değerler A.Ş. will apply to Borsa Istanbul A.Ş. (the "BIST") on 26.03.2026. Subject to the timing of the approval of BIST, the wholesale transaction is expected to be effected on 27.03.2026, and to settle on 31.03.2026. As of today, the Shares are not in tradeable form, and the conversion process to render such shares tradable on BIST is expected to be completed as of the date of the wholesale transaction.
Following the settlement, our direct shareholding interest in Tüpraş and Tüpraş' free float will be 4.3% and 48.9%, respectively. As such, Koç Holding will control 50.7% of Tüpraş share capital, 4.3% directly and 46.4% indirectly through Enerji Yatırımları A.Ş., a subsidiary of Koç Holding.
This statement has been translated into English and simultaneously announced for informational purposes. In the event of any discrepancy between the Turkish and the English versions, the Turkish version shall prevail.
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