VESTEL ELEKTRONİK SANAYİ VE TİCARET A.Ş.

Share Issue/Capital Change • Oct 23, 2024

Summary Info	Application to the Capital Markets Board regarding the transfer of the Automotive Business Line to Vestel Mobilite via a partial demerger through associate model
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	22.10.2024
Demerger Model	Partial demerger through associate model
Company/Companies That Assets be Transferred Due to Demerger	Vestel Mobilite Sanayi ve Ticaret AŞ
Scope of Activities of Company/Companies That Assets be Transferred Due to Demerger	Mobility and energy storage
Capital Increase of Company That Assets be Transferred Due to Demerger	966.914.621,19
Will Be Applied to Stock Exchange For Listing of Company That Assets be Transferred Due to Demerger?	No
Currency Unit	TRY
Date Of Financial Statements Base To Demerger	30.06.2024
Paid-in Capital (TL)	335.456.275
Target Capital (TL)	335.456.275

Share Group Info	Paid-in Capital (TL)	Share Exchange Rate	Capital To Be Decreased Due To Demerger (TL)	Capital To Be Decreased Due To Demerger (%)	Amount Of Bonus Issue From Internal Resources Due to Demerger (TL)	Rate Of Bonus Issue From Internal Resources Due to Demerger(%)	New Shares'' ISIN	Amount of Shares Issued Due To Demerger
VESTL, TRAVESTL91H6	335.456.275

Additional Explanations

Pursuant to our material event disclosure dated 22.10.2024, an application has been made to the Capital Markets Board today for the approval of the Announcement Text regarding the demerger. The Announcement Text on Demerger (Part 4) is presented in the attachment.

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.

Documents Regarding Demerger

Appendix: 1	Duyuru Metni_Bölüm4.pdf - Announcement Text