In parallel with our global growth strategy, our Company aims to enhance its presence and visibility through its brands in relevant international markets and in line with these goals, it has been decided that “Vestel Holland B.V. Germany Branch Office”, the German branch of Vestel Holland B.V., an indirect 100% subsidiary of our Company through our wholly-owned subsidiary Vestel Ticaret A.Ş., will open a physical store of Vestel, the global main brand of our Company, in Berlin, Germany and launch an e-commerce website (www.vestel.com/de), which will provide products and services to all cities in Germany, to support our omnichannel sales and/or marketing approach, in order to conduct sales, marketing, advertising, promotion and similar activities with the strategy of offering our products and services directly to consumers.

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.