AG Anadolu Grubu : TOGG Capital Increase and Share Purchase - June 3, 2021

KAMUYU AYDINLATMA PLATFORMU

AG ANADOLU GRUBU HOLDİNG A.Ş.

Non-current Financial Asset Acquisition

Summary

TOGG Capital Increase and Share Purchase

Noncurrent Financial Asset Acquisition

Related Companies	[]
Related Funds	[]
	Noncurrent Financial Asset Acquisition
	Update Notification Flag	Hayır (No)
	Correction Notification Flag	Hayır (No)
	Date Of The Previous Notification About The Same Subject	28.06.2018
	Postponed Notification Flag	Hayır (No)
	Announcement Content
	Board Decision Date for Acquisition	29/04/2021
	Were Majority of Independent Board Members' Approved	Yes
	the Board Decision for Acquisition
	Title of Non-current Financial Asset Acquired	Türkiye'nin Otomobili Girişim Grubu Sanayi ve
	Ticaret A.Ş
	Field of Activity of Non-current Financial Asset whose	Production of electric passenger cars and carrying
	Shares were being Acquired	out the related support activities
	Capital of Noncurrent Financial Asset	996.774.000 Turkish Lira
	Acquirement Way	Satın Alma (Purchase)
	Date on which the Transaction was/will be Completed	Completed
	Acquisition Conditions	Peşin (Cash)
	Detailed Conditions if it is a Timed Payment	-
	Nominal Value of Shares Acquired	2.132.020 Turkish Lira
	Purchase Price Per Share	1 Turkish Lira
	Total Purchasing Value	2.132.020 Turkish Lira
	Ratio of New Shares Acquired to Capital of Non-current	%0,21
	Financial Asset (%)
	Total Ratio of Shares Owned in Capital of Non-current	%23
	Financial Asset After Transaction (%)
	Total Voting Right Ratio Owned in Non-current Financial	%23
	Asset After Transaction (%)
	Ratio of Non-current Financial Asset Acquired to Total
	Assets in Latest Disclosed Financial Statements of Company	%0,0028
	(%)
	Ratio of Transaction Value to Sales in Latest Annual	%0,0034
	Financial Statements of Company (%)
	Effects on Company Operations	-
	Did Takeover Bid Obligation Arised?	Hayır (No)
	Will Exemption Application be Made, if Takeover Bid	Hayır (No)
	Obligation Arised?

Title/ Name-Surname of Counter Party	Kök Ulaşım Taşımacılık A.Ş.
Is Counter Party a Related Party According to CMB	Hayır (No)
Regulations?
Relation with Counter Party if any	-
Agreement Signing Date if Exists	29/04/2021
Value Determination Method of Non-current Financial Asset	Purchased at nominal value
Did Valuation Report be Prepared?	Düzenlenmedi (Not Prepared)
Reason for not Preparing Valuation Report if it was not	Not required by the legislation
Prepared
Date and Number of Valuation Report	-
Title of Valuation Company Prepared Report	-
Value Determined in Valuation Report if Exists	-
Reasons if Transaction wasn't/will not be performed in	-
Accordance with Valuation Report
Explanations

As we have previously announced on 28.06.2018, our Group has become a 19.0% shareholder in Turkey's Automobile Joint Venture Group Inc. ("TOGG").

Based on the decisions taken at the Ordinary General Assembly on May 31, 2021 and within the framework of the provisions of the articles of association of TOGG; We have participated in the capital increase of TOGG raising its paid-in capital by TL 846,774,000 to TL 996,774,000 from TL 150,000,000. Kök Ulaşım Taşımacılık A.Ş. has decided not to participate in the capital increase and chose to narrow its fields of operations. This capital increase is met by the capital advance payments already made by the remaining shareholders and following the capital increase our ownership in TOGG increased to 22,8% from 19,0%.

On the other hand, within the framework of the shareholders agreement; After the capital increase, the purchase of 0.2% of the remaining 2.9% of the KÖK's TOGG capital by our Company at a nominal price was completed. As a result, our Company's final ownership in TOGG reached 23.0%.

We proclaim that our above disclosure is in conformity with the principles set down in "Material Events Communiqué" of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we're personally liable for the disclosures.