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Central Securities Depository & Trade Repository of Türkiye
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oda_ExplanationTextBlock| | At the meeting of the Board of Directors of our Company held on 30.09.2026, it was resolved to establish a company in the United States of America with the aim of expanding our operations and activities on a global scale, increasing the share of our international sales in our total sales, and conducting direct operations in the U.S. market. Within the scope of this resolution: 1. Our Company will participate in the planned establishment of the company. The public will be separately informed upon completion of the incorporation procedures. 2. It is planned to establish a production facility under the planned company, where solar products, primarily solar panels, will be manufactured in compliance with the local content requirements stipulated under U.S. legislation. 3. It is aimed to establish a sales and marketing organization targeting the U.S. market through the planned company. 4. An Engagement Letter has been signed with a consultancy firm based in the United States for tax, legal and investment advisory services in relation to the process. Within the scope of the investment, it is envisaged that the Company will benefit from federal tax incentives available in the USA, as well as economic development incentives provided at the state and local levels. Material developments regarding the investment process will be disclosed to the public in accordance with the applicable legislation. We respectfully submit this information to the public and our investors. 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. | ||||||||
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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