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oda_ExplanationTextBlock| | Regarding the Erzurum Plant Investment as the first heavy industrial facility operating in the field of tissue paper in the Eastern Anatolia and Black Sea regions, which was started at Central 2 Organized Industrial Zone (OIZ) in the Aziziye district of Erzurum on 17.05.2024; the Phase I Converting production facility investment has been completed and, as of June 8, 2026 (today), is ready to commence production and sales operations. The phase I converting production facility is expected to contribute positively to our Company's operational efficiency and competitive advantage, while also supporting economic development in the region. With phase I, finished products manufactured on the converting lines will primarily meet the region's tissue paper demand. In addition, through the logistics advantage to our existing export markets such as Georgia, Azerbaijan and Iraq, our Company aims to reinforce its strong export position and to enter new markets in other countries across the Caucasus, Central Asia, the Middle East and North Africa regions. The ongoing TM5 phase II paper production facility (gross 70 thousand tons/year), is planned to become operational in 2027. On top of the gross 271 thousand tons/year jumbo roll production capacity at our Ergene facility, our Company's annual jumbo roll paper production capacity will reach 341 thousand gross tons. This factory investment aims to contribute to the region's social and economic development and to further strengthen Lila Kağıt's driving role in Türkiye's tissue paper exports. The total area allocated to our Company under this investment is 168,316.08 m2. Feasibility studies are also ongoing for the construction of a Solar Power Plant (SPP) on this site, aimed to reduce our carbon footprint in line with our sustainability targets and is expected to contribute to our efforts on operational efficiency and energy cost optimization. We hereby respectfully announce to the public. This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail. | ||||||||
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.