The proportion of the Landowners who have signed an agreement with our Company for the development of an urban transformation project with residential and commercial areas on the immovable properties in the form of land, which are located and registered on the parcels located in Istanbul, Ataşehir District, Barbaros Neighborhood, Istanbul Province, on the names 2195, 2196, 2197, 2198 and 2199, has reached 85%. Negotiations with other condominium owners/landowners are ongoing.

This is the translation of the Turkish disclosure made through the Public Disclosure Platform. In accordance with CMB legislation, in case of any difference between the Turkish and English versions of this disclosure, the Turkish version shall prevail.