In the Capital Markets Board’s weekly bulletin dated September 25, 2024 and numbered 2024/49; it was published that initial public offering application of Bin Ulaşım ve Akıllı Şehir Teknolojileri Anonim Şirketi, one of our invesments, has been approved.

The public offering will be carried out both through capital increase and shareholder’s sales. Bin Ulaşım ve Akıllı Şehir Teknolojileri Anonim Şirketi will issue Group B shares with a nominal value of TRY 12,000,000 in total, increasing the issued capital from TRY 100,000,000 to TRY 112,000,000.  Group B shares with a nominal value of TRY 5,000,000 in total, consisting of Group B shares with a nominal value of TRY 4,750,000 held by our Company, Group B shares with a nominal value of TRY 225,000 held by Re-Pie Portföy Yönetimi AŞ BİNBİN Girişim Sermayesi Yatırım Fonu and Group B shares with a nominal value of TRY 25,000 held by Re-Pie Portföy Yönetimi AŞ Altun Capital Girişim Sermayesi Yatırım Fonu, will be subject to public offering via shareholder’s sales.

Bin Ulaşım ve Akıllı Şehir Teknolojileri Anonim Şirketi will offer its TRY 17.000.000 nominal valued shares to public for sale with Fixed Price Sales via Book Building Method in the Primary Market, at TRY 91,85 price per share.

The schedule and documents regarding the public offering will be announced on KAP (www.kap.org.tr), Bin Ulaşım ve Akıllı Şehir Teknolojileri Anonim Şirketi’s (www.binbin.tech) and Bulls Yatırım’s (www. bullsyatirim.com) websites.

Respectfully announced to the public.

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.