ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

M&A Activity • Aug 29, 2023

Summary Info	About the simplified merger of Rarik Turkison Enerji AŞ, a wholly-owned subsidiary of our Company, with our Company
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	26.07.2023
Merger Model	Merger Through Acquisition
Date Of Financial Statements Base To Merger	31.12.2022
Currency Unit	TRY

Acquired Company	Trading On The Stock Exchange/Not Trading On The Stock Exchange	Share Exchange Rate	Group of Share To Be Distributed To Acquired Company Shareholders	Form of Share To Be Distributed To Acquired Company Shareholders
Rarik Turkison Enerji AŞ	Not Trading On The Stock Exchange

Share Group Info	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital	New Shares To Be Given Due To Merger
A Grubu, İşlem Görmüyor, TREZORN00012	250.000.000			250.000.000
B Grubu, ZOREN, TRAZOREN91L8	2.250.000.000			2.250.000.000

	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital
TOTAL	2.500.000.000 TL	0 TL	0 TL	2.500.000.000 TL

Capital Market Board Application Date Regarding Merger	06.02.2023
Capital Market Board Application Result Regarding Merger	APPROVAL
Capital Market Board Approval Date Regarding Merger	09.08.2023

Additional Explanations

The "Simplified Merger by Acquisition" process with Rarik Turkison Enerji A.Ş., a wholly-owned subsidiary of our Company, has been completed and it has been registered with the trade registry on 29.08.2023 in accordance with the Turkish Commercial Code.

As a result of this simplified merger by acquisition process, Rarik Turkison Enerji A.Ş. has been dissolved in accordance with the Turkish Commercial Code.

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.