On 22 April 2025, we made a disclosure that we made a proposal to Carrier HVACR Investments B.V., another shareholder of Alarko Carrier Sanayi ve Ticaret A.Ş. (|||Alarko Carrier|||) for the sale of our shares in Alarko Carrier`s share capital representing 20% of the share capital thereof; if Carrier HVACR Investments B.V. does not accept the proposal, we will evaluate other options, including the sale of the shares in the stock exchange and the sale of the shares subject to the proposal to Carrier HVACR Investments B.V. or any other person will not cause any change in the control structure of Alarko Carrier within the scope of the shareholders agreement concluded between us and Carrier HVACR Investments B.V.
The process with Carrier HVACR Investments B.V. is still pending and no decision has been made regarding the sale of shares. At this stage, we submitted the memorandum of information on share sale prepared for the conversion of 108,000,000 shares with a total nominal value of TRY 1,080,000, representing 10% of Alarko Carrier`s share capital, which we hold in Alarko Carrier`s share capital, into tradeable shares and for their sale on the stock exchange to the approval of the Capital Markets Board as of the date of this disclosure.
Respectfully announced to the public.
In case of a discrepancy between the Turkish and English versions of this public disclosure statement, Turkish version shall prevail.
