Annual / Quarterly Financial Statement • Nov 10, 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 |
| Aksa Yenilenebilir Enerji Üretim A.Ş. | Electricity Trade | 1650000000 | 1650000000 | TRY | 100,00 | Subsidiary |
| Aksa Energy Company Ghana Limited | Electricity Generation | 500000 | 375000 | USD | 75,00 | Subsidiary |
| Aksa Enerji Üretim A.Ş. - Y.Ş. | Electricity Generation | 7704386 | 7704386 | USD | 100,00 | Subsidiary |
| Aksa Ghana B.V. | Holding | 26370 | 26370 | USD | 100,00 | Subsidiary |
| Aksa Uzbekistan Investment B.V. | Holding | 30803 | 30803 | USD | 100,00 | Subsidiary |
| Aksa Global Investments B.V. | Holding | 28499 | 28499 | USD | 100,00 | Subsidiary |
| Aksa Göynük Enerji Üretim A.Ş. | Electricity Generation | 6680000000 | 6679755639 | TRY | 99,99 | Subsidiary |
| Aksa Madagascar B.V. | Holding | 27448 | 27448 | USD | 100,00 | Subsidiary |
| Aksa Mali S.A. | Electricity Generation | 18283 | 18283 | EUR | 100,00 | Subsidiary |
| Rasa Enerji Üretim A.Ş. | Electricity Generation | 338100000 | 338066190 | TRY | 99,99 | Subsidiary |
| Aksa Energy Cameroon PLC | Electricity Generation | 16859 | 12644 | USD | 75 | Subsidiary |
| Aksa Energy Company Congo | Electricity Generation | 18600 | 18600 | USD | 100,00 | Subsidiary |
| Aksa Enerji Tashkent FE LLC | Electricity Generation | 49854 | 49854 | USD | 100,00 | Subsidiary |
| Aksa Madagascar SAU | Electricity Generation | 1000 | 1000 | USD | 100 | Subsidiary |
| Aksa Uzbekistan Bukhara BV | Electricity Generation | 30043 | 30043 | USD | 100 | Subsidiary |
| Aksa Energy Bukhara FE LLC | Electricity Generation | 50000 | 50000 | USD | 100 | Subsidiary |
| Aksa Kazakhstan Investment BV | Holding | 24770 | 24770 | USD | 100 | Subsidiary |
| Aksa Energy Qyzylorda LLP | Electricity Generation | 23500000 | 23500000 | KZT | 100 | Subsidiary |
| Aksa Taboth IPP | Electricity Generation | 152450 | 121960 | EUR | 80 | Subsidiary |
| Aksa Talimarjan BV | Holding | 26455 | 26455 | USD | 100 | Subsidiary |
| Aksa Renewable Energy BV | Holding | 3500000 | 3500000 | USD | 100 | Subsidiary |
| Aksa Enerji Talimarjan FE LLC | Electricity Generation | 40870 | 40870 | USD | 100 | Subsidiary |
| Ndar Energies SA | Electricity Generation | 6097961 | 5183267 | EUR | 85 | Subsidiary |
| Aksa - Ndar Holding SA | Holding | 15245 | 9147 | EUR | 60 | Subsidiary |
| Aksa Senegal Investment BV | Holding | 27238 | 27238 | USD | 100 | Subsidiary |
| Aksa Energy Kazakistan LTD. | Holding | 100000 | 100000 | KZT | 100 | Subsidiary |
| Aksa Energy Shymkent LTD. | Electricity Generation | 100000 | 100000 | KZT | 100 | Subsidiary |
| Aksa Energy Atyrau LTD. | Electricity Generation | 100000 | 100000 | KZT | 100 | Subsidiary |
| Aksa Energy Aktobe LTD. | Electricity Generation | 100000 | 100000 | KZT | 100 | Subsidiary |
| Taraz Kuat TOO | Electricity Generation | 500000 | 500000 | KZT | 100 | Subsidiary |
| Zümrüt GES Enerji Mühendislik Müşavirlik AŞ | Electricity Generation | 15230000 | 15230000 | TRY | 100 | Subsidiary |
| Real Biyogaz Elektrik Üretim AŞ | Electricity Generation | 21400000 | 21400000 | TRY | 100 | Subsidiary |
| Ankatech Enerji Mühendislik Müşavirlik AŞ | Electricity Generation | 5500000 | 5500000 | TRY | 100 | Subsidiary |
| TOO Aksa Syhmkent Energy | Electricity Generation | 100000 | 100000 | KZT | 100 | Subsidiary |
| Aksa Energy Gabon Sasu | Electricity Generation | 15240 | 15240 | EUR | 100 | Subsidiary |
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