GALATA WIND ENERJİ A.Ş.

Share Issue/Capital Change • May 25, 2023

Summary Info	Board Resolution Regarding Capital Increase from Internal Resources
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	25.05.2023
Authorized Capital (TL)	1.000.000.000
Paid-in Capital (TL)	534.791.457,65
Target Capital (TL)	540.000.000

Bonus Issue

Share Group Info	Paid-in Capital (TL)	Amount of Bonus Issue From Internal Resources (TL)	Rate of Bonus Issue From Internal Resources (%)	Amount of Bonus Issue From Dividend (TL)	Rate of Bonus Issue From Dividend (%)	Share Group Issued	New Shares'' ISIN	Nevi
GWIND, TREGWIN00014	534.791.457,65	5.208.542,350	0,97393				GWIND, TREGWIN00014	Registered

	Paid-in Capital (TL)	Amount of Bonus Issue From Internal Resources (TL)	Rate of Bonus Issue From Internal Resources (%)	Amount of Bonus Issue From Dividend (TL)	Rate of Bonus Issue From Dividend (%)
TOTAL	534.791.457,65	5.208.542,350	0,97393

Details of Internal Resources :

Previous Years'' Profits (TL)	5.208.542,35

Additional Explanations

As a result of discussions,

- In order to meet the capital increase requests of the Energy Market Regulatory Authority Electricity Market Department dated 12.05.2023, numbered 686435 regarding the Çamlıca RES storage pre-license application, the Yakuplar RES storage pre-license application dated 16.05.2023, 688419 the Yakuplar RES storage pre-license application dated 16.05.2023, the Akbelen RES storage pre-license application dated 17.05.2023 and numbered 688571 and requests that may also come in our other storage facility pre- license applications which are currently in progress, and in accordance with the Provisional Article 38 of the Electricity Market License Regulation, the capital of our Company should be increased to a minimum of TL 539,050,060,

- In the balance sheet of our Company dated 31.03.2023, as determined by the "Certified Public Accountant Report of the Addition of Undistributed Past Year Profits to the Capital" dated 24.05.2023 and numbered YMM-2023-R-3280/16, the undistributed past year profits in the amount of TL 5,208,542.35 in the "Extraordinary Reserves" account of our Company are addable to the capital,

Therefore, it has been unanimously resolved by the Board of Directors;

1. To increase the issued capital of our Company in the amount of TL 534,791,457.65,-TL (Five hundred and thirty-four million seven hundred and ninety-one thousand four hundred and fifty-seven Turkish Liras sixty-five Kurus) within the registered capital ceiling of TL 1,000,000,000,-TL (One Billion Turkish Liras) to TL 540,000,000,-TL (Five Hundred and Forty Million Turkish Liras) by covering the undistributed previous year profits, all of which are in the "Extraordinary Reserves" account,

2. To establish the necessary procedures regarding the transfer of TL 5,208,542.35 subject to the increase to the "Capital" account and the submission of the transfer with the certified public accountant report,

3. To issue 5,208,542.35 shares with a nominal value of 1,-TL (one Turkish Lira) to be issued due to the capital increase, and to distribute the shares to the shareholders in proportion to their shares in accordance with the principles of the registration system following the completion of the legal processes related to the capital increase,

4. To amend Article 6 of the Articles of Association of our Company titled "Capital" in accordance with the provisions of the Turkish Commercial Code and capital market legislation in the attached manner in relation to the capital increase from internal resources,

5. To carry out the necessary applications and procedures before the Capital Markets Board, Borsa İstanbul A.Ş. and the Central Registry Agency A.Ş. and other organizations in particular for the realization of the free capital increase from internal sources and for the approval of the issuance document regarding the shares to be issued in the capital increase and the draft amendment of Article 6 of the Articles of Association titled "Capital",

The English translation of this explanation is attached and in case of any discrepancy in the explanation texts, the Turkish explanation will be considered as the basis.

Supplementary Documents

Appendix: 1	EK Esas Sözleşme Tadil Metni.pdf
Appendix: 2	Annex Amendment to the Articles of Association.pdf