GALATA WIND ENERJİ A.Ş.

Pursuant to our Company's PDP disclosure of July 27, 2023, Galata Wind Energy Global B.V., a 100% subsidiary established to coordinate our renewable energy investments abroad and to realize investment strategies, has taken its first and important step within the scope of its project development activities in Europe. As a result of the work carried out for some time in Germany, which has been identified as one of the target countries, due diligence processes in a 22 MW Solar Power Plant project have been completed and the project rights have been taken over. SunSpark GmbH, which is a 100% subsidiary of Galata Wind Energy Global B.V. and established in Germany for this purpose, carried out the transfer transactions. The project rights were taken over from a company located in Germany. The power plant will be located in the south of Germany and will include the construction of Agri-PV and Battery unit. The post-transfer permitting processes of the project are about to be completed and it is planned to be ready for construction in a short period of time. The project is expected to make a significant contribution to our international investment vision of 300 MW capacity between 2025-2027 and our goal of becoming a global player.

Developments related to the subject will be shared with the public.

This statement has been translated into English for informational purposes. In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the Turkish version shall prevail.