ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

M&A Activity • Dec 21, 2023

Summary Info	About the simplified merger with wholly-owned Alkan Jeotermal Enerji Elektrik Üretimi A.Ş.
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	11.10.2023
Merger Model	Merger Through Acquisition
Date Of Financial Statements Base To Merger	30.06.2023
Currency Unit	TRY

Acquired Company	Trading On The Stock Exchange/Not Trading On The Stock Exchange	Share Exchange Rate	Group of Share To Be Distributed To Acquired Company Shareholders	Form of Share To Be Distributed To Acquired Company Shareholders
Alkan Jeotermal Enerji Elektrik Üretimi A.Ş.	Not Trading On The Stock Exchange

Share Group Info	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital	New Shares To Be Given Due To Merger
A Grubu, İşlem Görmüyor, TREZORN00012	500.000.000			500.000.000
B Grubu, ZOREN, TRAZOREN91L8	4.500.000.000			4.500.000.000

	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital
TOTAL	5.000.000.000 TL	0 TL	0 TL	5.000.000.000 TL

Capital Market Board Application Date Regarding Merger	11.10.2023
Capital Market Board Application Result Regarding Merger	APPROVAL
Capital Market Board Approval Date Regarding Merger	01.12.2023
Registry Date of Merger Via Facilitated Procedure	20.12.2023

Additional Explanations

The registration date for the merger in the simplified procedure has been added to the disclosure template we made dated 20.12.2023 and it does not constitute any correction.

The "Simplified Merger by Acquisition" process with Alkan Jeotermal Enerji Elektrik Üretimi A.Ş., a wholly-owned subsidiary of our Company, has been completed and the transaction has been registered with the trade registry on 18.12.2023 in accordance with the Turkish Commercial Code and was announced in the Türkiye Trade Registry dated 20.12.2023 and numbered 10983. As a result of this simplified merger by acquisition process, Alkan Jeotermal Enerji Elektrik Üretimi A.Ş. has been dissolved in accordance with the Turkish Commercial Code.

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.