SAY YENİLENEBİLİR ENERJİ EKİPMANLARI SANAYİ VE TİCARET A.Ş.

Transaction in Own Shares • Feb 27, 2023

Summary Info	Share Buy-Back Program.
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Company Performs the Buy-Back	SAY YENİLENEBİLİR ENERJİ EKİPMANLARI SANAYİ VE TİCARET A.Ş.
Company Subject to Buy-Back	SAY YENİLENEBİLİR ENERJİ EKİPMANLARI SANAYİ VE TİCARET A.Ş.

Type Of Buy-Back	Other
The Purpose of Buy-Back	In order to support healthy price and volume formations and stability at SAYAS share market with a view to protecting the interests of shareholders
Board Decision Date	27.02.2023
Number Of Shares To Be Acquired	772.500
Maximum Amount To Be Paid (TL)	30.000.000

Additional Explanations

Through the Decision no 2023/10 of the Board of Directors of our Company dated 27.02.2023 it has been decided as follows in order to support healthy price and volume formations and stability at the share market of our Company with a view to protecting the interests of our shareholders:

1. A share buy-back program shall be initiated in accordance with the relevant provisions of the Turkish Commercial Code and Capital Markets Code, Share Buy-Back Communiqué no II-21.1 of the Capital Markets Board and Board Decision Organ's Resolution no i-SPK.22.7 (with date 14.02.2023 and item no 9/177) published at the Capital Market Board Bulletin no 2023/10 dates 14/2/2023.

2. Up to 772,500 shares with a nominal value of 772,500 TRY shall be bought back representing one percent of the issued share capital of our company.

3. Total amount of the fund to be allocated to the share buy-back program shall be 30,000,000 TRY.

4. The share buy-back program and the transactions to be executed shall be put on the agenda of the first following general assembly meeting, and shall be presented to the information of the shareholders at the general assembly.

5. Share buy-backs shall be conducted from the date of this decision until 31.12.2023 and the Chairman shall be authorized in matters related to the share buy-backs.

Respectfully announced to the public.