Annual / Quarterly Financial Statement • Oct 2, 2025
Annual / Quarterly Financial Statement
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Subsidiaries, Financial Non-Current Assets and Financial Investments
Subsidiaries, Financial Non-Current Assets and Financial Investments
| Company Title | Scope of Activities of Company | Paid-in/Issued Capital | Capital Share of Company | Monetary Unit | Ratio of Capital Share of Company (%) | Relation with the Company |
| ESENBOĞA ELEKTRİK ÜRETİM A.Ş. | Electric Power Production | 1820000000 | 1137500000 | TRY | 62,50 | Subsidiary |
| MARGÜN ENERJİ ÜRT. SAN. VE TİC. A.Ş. | Electric Power Production | 1180000000 | 557621936 | TRY | 47,26 | Indirect Subsidiary |
| MARGUN CLIMATECH B.V. | Climate Technologies Investments | 1000000 | 472561 | EUR | 47,26 | Indirect Subsidiary |
| MARGUN UK CLIMATECH LTD | Climate Technologies Investments | 250000 | 118140 | GBP | 47,26 | Indirect Subsidiary |
| MARGUN SPAIN CLIMATECH S.L. | Climate Technologies Investments | 250000 | 118140 | EUR | 47,26 | Indirect Subsidiary |
| MARGUN ITALY CLIMATECH SRL | Climate Technologies Investments | 250000 | 118140 | EUR | 47,26 | Indirect Subsidiary |
| MARGUN ROMANIA CLIMATECH SRL | Climate Technologies Investments | 1250000 | 590701 | RON | 47,26 | Indirect Subsidiary |
| MARGUN GREECE CLIMATECH A.E. | Climate Technologies Investments | 250000 | 118140 | EUR | 47,26 | Indirect Subsidiary |
| NATUREL CLIMATECH FZCO | Climate Technologies Investments | 100000 | 100000 | AED | 100 | Subsidiary |
| NATUREL BATARYA SİSTEMLERİ VE ENERJİ YATIRIMLARI A.Ş. | Electricity Generation Based On Renewable Energy Resources, Solar Power Plants With Battery Operated Investments | 100000000 | 100000000 | TRY | 100 | Subsidiary |
| AGAH ENERJİ ÜRT. SAN. VE TİC. A.Ş. | Electric Power Production | 77000000 | 36387194 | TRY | 47,26 | Indirect Subsidiary |
| ANGORA ELEKTRİK ÜRETİM A.Ş. | Electric Power Production | 70000000 | 33079267 | TRY | 47,26 | Indirect Subsidiary |
| BOSPHORUS YENİLENEBİLİR ENERJİ A.Ş. | Electric Power Production | 115000000 | 54344511 | TRY | 47,26 | Indirect Subsidiary |
| ANATOLİA YENİLENEBİLİR ENERJİ A.Ş. | Electric Power Production | 250000000 | 118140241 | TRY | 47,26 | Indirect Subsidiary |
| SOLEİL YENİLENEBİLİR ENERJİ TİC. A.Ş. | Electric Power Production | 12500000 | 5907012 | TRY | 47,26 | Indirect Subsidiary |
| ENSOFT TEKNOLOJİ GELİŞTİRME VE ARGE A.Ş. | R&D, Design, Digital Platforms for the Energy Sector, Management Automation and Control Software | 10000000 | 4725610 | TRY | 47,26 | Indirect Subsidiary |
| TROYA YENİLENEBİLİR ENERJİ TİCARET A.Ş. | Electric Power Production | 117000 | 55290 | TRY | 47,26 | Indirect Subsidiary |
| RSC ELEKTRİK ÜRETİM İNŞAAT TUR.A.Ş. | Electric Power Production | 325000000 | 153582313 | TRY | 47,26 | Indirect Subsidiary |
| NATUREL CHARGEN ELEKTRİK A.Ş. | Electricity generation and sales, and the installation of batteries, fuel cells, and other similar energy storage systems | 100000000 | 15625000 | TRY | 15,625 | Participation |
| ENDA ENERJİ HOLDİNG A.Ş. | Renewable Energy Generation | 437197170 | 45740625 | TRY | 10,46 | Participation |
| EGARAJ ELEKTRİKLİ TAŞITLAR DANIŞMANLIK VE SERVİS HİZMETLERİ A.Ş | Electric Vehicle Sales, Marketing, Maintenance, Servicing, and Consultancy | 31430000 | 1964375 | TRY | 6,25 | Participation |
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