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oda_ExplanationTextBlock| | In accordance with the CMB's II-17.1 Communiqué on Corporate Governance, "The Report Regarding the Common and Continuous Transactions" executed between our company and Kocaer Steel UK Ltd. a 90% subsidiary of our Company was prepared and approved by our Company's Board of Directors with the decision dated 5.06.22023 and numbered 17, and the conclusion part of the report is presented below for your information. Conclusion Section of the Report is as follows: Within the frame of CMB's II-17.1 Corporate Governance Communiqué, common and continuous sales of steel profile products executed between our company and Kocaer Steel UK Ltd., a 90% subsidiary of our Company, will exceed 10% of the revenue amount in the last annual financial statements disclosed to the public in 2023. By explaining the conditions of the transactions envisaged to be made with the company, the price determination method information was provided and it was evaluated that the sales made were in line with the prices applied to our other non-related customers, and that the transactions were reasonable when compared to the market conditions. |