On October 5, 2023, we informed the public that the investment in the second paper machine, which will increase Alkim Paper’s production capacity from 90,000 tons/year to 200,000 tons/year, would be completed and ready for production by the last quarter of 2024.

However, due to delays in the delivery of additional technological systems, machinery, and equipment to be procured from international companies, which were not part of the original plan, as well as the inclusion of additional equipment in the project, the final completion timeline of the investment has been extended.

As the project is planned to include the latest technological developments, it is now expected to be completed, and production is scheduled to begin, in the first half of 2025.

Respectfully submitted to the public.