MOGAN ENERJİ YATIRIM HOLDİNG A.Ş.

Capital/Financing Update • Nov 10, 2025

Summary Info	CMB Approval for the Foreign Debt Instrument Issuance Ceiling of Our Subsidiary Gürmat Elektrik Üretim A.Ş.
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	25.07.2025
Issue Limit	500.000.000
Currency Unit	USD
Issue Limit Security Type	Debt Securities
Sale Type	Oversea
Domestic / Oversea	Oversea
Capital Market Board Application Date	05.08.2025
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	07.11.2025
Expiry Date of Issue Limit	07.11.2026

Additional Explanations

Pursuant to the resolution of the Board of Directors of our 90% subsidiary Gürmat Elektrik Üretim A.Ş., and in accordance with the provisions of the Capital Markets Board's Communiqué on Debt Instruments, the application submitted to the Capital Markets Board (CMB) regarding the issuance of debt instruments—up to a total amount of USD 500,000,000 (Five hundred million US Dollars) or its equivalent in foreign currency or Turkish Lira—to be sold abroad without being offered for sale domestically, in one or more issuances within a 1-year period, in various tranches and maturities to be determined based on market conditions at the time of issuance, secured or unsecured, and bearing fixed and/or variable interest rates and terms and conditions, has been approved by the Capital Markets Board with its decision dated 07.11.2025. We hereby present the approved issuance certificate to the public as attached. This statement was 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.

Supplementary Documents

Appendix: 1	Ek_1_Onayl__hraçBelgesi.pdf