ÇAN2 TERMİK A.Ş. — Capital/Financing Update 2023

Nov 9, 2023

Summary Info	Completion of Allocated Capital Increase Transactions
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Related Companies	ODAS

Board Decision Date	08.09.2023
Authorized Capital (TL)	1.262.050.000
Paid-in Capital (TL)	800.000.000
Target Capital (TL)	938.116.902,57

Rights Issue (Allocated)

Share Group Info	Paid-in Capital (TL)	Amount of Private Placement Through Capital Increase By Restraining Preemptive Rights (TL)	Proportion of Private Placement Through Capital Increase By Restraining Preemptive Rights To The Capital (%)	New Shares'' ISIN	Form	Amount of Shares Cancelled (TL)
CANTE, TRECAN200011	800.000.000	138.116.902,57	17,26461	CANTE, TRECAN200011	Registered

	Paid-in Capital (TL)	Amount of Private Placement Through Capital Increase By Restraining Preemptive Rights (TL)	Proportion of Private Placement Through Capital Increase By Restraining Preemptive Rights To The Capital (%)	Amount of Shares Cancelled (TL)
TOTAL	800.000.000	138.116.902,570	17,26461

The Person Increased Capital Devoted	Odaş Elektrik Üretim Sanayi Ticaret A.Ş.

Other Aspects To Be Notified

Capital Market Board Application Date	08.08.2023
Capital Market Board Application Result	Approval
Capital Market Board Approval Date	06.11.2023
Property of Increased Capital Shares	Dematerialized Share

Additional Explanations

The allocated sale of shares with a total nominal value of TL 138,116,902 issued by our Company through allocated capital increase to Odaş Elektrik Üretim Sanayi Ticaret A.Ş. at a price of TL 21.76 per share was realised on 09/11/2023 within the scope of Borsa Istanbul wholesale transactions through Halk Yatırım Menkul Değerler A.Ş. (Buyer and Seller Member).

In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

Supplementary Documents

Appendix: 1	SPK Onaylı İhraç Belgesi.pdf