Our company, in accordance with the decision taken at the meeting of the Board of Directors dated 03.06.2026 and numbered 2026/21 has decided to enter into negotiation to sign a share transfer agreement ("Agreement") regarding purchasing of the 50% share, equivalent to TRY 50,000.00, of the Euro Crescent Private Limited in Feriköy Gayrimenkul Yatırım İnşaat Turizm Sanayi ve Ticaret A.Ş., ("Feriköy Gayrimenkul") in which the Company currently holds a 50% share equivalent to TRY 50,000.00.
The Agreement was executed on 03.06.2026, and the transfer have not yet been completed. Obtaining approval from the Competition Board for share transfer transaction is one of the prerequisites for the realization of the share transfer. An application for approval will be submitted to the Competition Board, and further information will be provided once the Competition Board has made its decision.
Upon completion of this transfer, our Company will become the sole shareholder of Feriköy Gayrimenkul Yatırım İnşaat Turizm Sanayi ve Ticaret A.Ş., which was previously under joint control with Euro Crescent Private Limited and the Company will attain full ownership of the company by acquiring 100% of its shares.
With the completion of the aforementioned share transfer, the indirect sole ownership of İstanbul Optimum Premium Outlet Shopping Center, which is a significant asset in our portfolio, will be transferred to our Company. The fact that the entire ownership of the shopping center will belong to our Company is of great importance for the growth of our portfolio and revenue.
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.