We had announced on 03.11.2025 that the bid submitted by our indirect subsidiary Global Ports Holding ("GPH") for the 30-year operating concession of Ferrol Cruise Port, tendered by the Port Authority of Ferrol-San Cibrao (Autoridad Portuaria de Ferrol-San Cibrao) in Ferrol, Spain, had been selected as the preferred bid.
GPH has notified our Company that, pursuant to the resolution of the Board of Directors of the Port Authority of Ferrol-San Cibrao, the 30-year concession right for the operation of Ferrol Cruise Port has been granted to GPH.
Following the concession award, Global Ports Holding will submit the construction project for the first phase within three months, with works expected to begin within six months, subject to the necessary approvals from the Port Authority.
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and English versions of this disclosure statement, the Turkish version shall prevail.
Respectfully announced to the public.