AYDEM YENİLENEBİLİR ENERJİ A.Ş.

Transaction in Own Shares • Feb 14, 2022

Summary Info	Initiation of share buyback program
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Company Performs the Buy-Back	AYDEM YENİLENEBİLİR ENERJİ A.Ş.
Company Subject to Buy-Back	AYDEM YENİLENEBİLİR ENERJİ A.Ş.

Type Of Buy-Back	Other
The Purpose of Buy-Back	Protect the shareholders and contribute to the formation of stable and appropriate prices
Board Decision Date	14.02.2022
Number Of Shares To Be Acquired	20.000.000
Maximum Amount To Be Paid (TL)	170.000.000

Additional Explanations

In accordance with Article 22 of the Capital Markets Law, Capital Market Board's Communique II-22.1 on Share Buybacks and the related announcements dated 21.07.2016, 25.07.2016, and 23.03.2020; it has been evaluated that the share price of our company does not reflect the actual performance of the Company's activities. In this respect, in order to protect the shareholders and to contribute to the formation of stable and appropriate prices, the Board of Directors resolved to;

1. Initiate a share buyback program from the market in accordance with article 3 of the Company's Articles of Association and the exemption decision of the Capital Markets Board's exemption decision regarding the buyback, dated 11.02.2022 and numbered E-29833736-622.99-17207,

2. Determine the maximum number of shares that may be subject to buy-back be 20,000,000 with a total nominal value of 20,000,000 TL,

3. Determine the maximum amount of funds to be allocated for share buybacks to be 170,000,000 TL, which will be sourced from the current Company sources,

4. Present the buyback transaction to be carried out with the decision of the Board of Directors to the information of General Assembly of shareholders by including such buyback transaction in the first upcoming General Assembly's agenda.

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.