Regarding the reconstruction project of Divan Talya Hotel and the renewal of the Conference Center, it was first included in our special event statement dated 21.08.2023 and lastly in our activity report dated 22.05.2024; in the case filed against Antalya Metropolitan Municipality and Muratpaşa Municipality, requesting the cancellation of the 1/5000 Scale Master Zoning Plan, 1/1000 Scael Implemantation Plan and the construction license given for the hotel construction, and in which our Company was involved; it has been learned that Antalya Administrative Court gave a partially acceptance and partially rejection decision; rejection of the request for cancellation of the 1/5000 scale Master Development Plan; acceptance of the request for cancellation of the 1/1000 scale Implementation Zoning Plan and the construction license attached to this plan. Decision was taken by majority vote and the court order has not been notified to our company yet.

The decision given by the First Instance court is not final and an appeal against the decision is open to a higher court. The construction activities carried out by our company will be clarified according to the developments in the later stages of the legal process in question.

Developments regarding the issue will be shared with our investors through special event disclosure and/or activity reports, depending on the importance of the issue.

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.