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Central Securities Depository & Trade Repository of Türkiye
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| Hayır (No) | |||||||
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| 08.09.2026 | |||||||
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oda_ExplanationTextBlock| | As part of the ongoing activities regarding our Company's planned investment in a solar panel manufacturing facility with an annual production capacity of 1 GW in the United States of America, a consultancy services agreement ("Tax Incentives Engagement Letter") has been signed with a law firm operating in the USA for the purpose of carrying out the processes aimed at maximizing the benefits from tax credits, incentives, grants, exemptions and other investment support mechanisms available at the U.S. federal, state and local levels. Under the agreement, legal consultancy services are envisaged for the identification and evaluation of incentives and support mechanisms that may be available for the planned investment, the conduct of the relevant application and negotiation processes, the legal and tax structuring of the investment, and the implementation and preservation of such incentives. Based on the current studies and assessments, it is estimated that the total amount of incentives and support that may be available for the planned investment could be approximately USD 250,000,000–300,000,000. It is estimated that approximately USD 245,000,000 of this amount will consist of cash support, while the remaining amount will consist of tax credits, incentives, grants, exemptions and other investment support mechanisms provided at the state and local levels. The final amounts of incentives and support will be determined in accordance with the relevant application and approval processes. Material developments regarding the investment process will be separately disclosed to the public. Respectfully announced to the public and our investors. The English translation of this disclosure has been simultaneously disclosed to the public, and in the event of any discrepancy between the disclosure texts, the Turkish disclosure 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.
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