Statement from Koç Holding About the Battery Production Facility Investment

Statement from Koç Holding About the Battery Production Facility Investment
Statement from Koç Holding About the Battery Production Facility Investment

Koç Holding's statement on the Public Disclosure Platform (KAP) stated, “There were reports in the media that Koç Group is working to establish a battery production facility, and many questions and comments were received by our Group companies on the subject.” statements were included.

In the description, the following was recorded:

“Within the scope of project-based state aid and related investment incentive, which was first announced to the public by one of our business partnerships, Ford Otomotiv Sanayi A. There is no decision taken on the matter.

Koç Group closely monitors developments in the automotive sector and carries out studies to evaluate new investment alternatives every period, and in case concrete decisions are taken as a result of these evaluations, necessary disclosures are made in accordance with the Capital Markets Board's Communiqué on Material Events II-15.1. In this context, there is no development that would require public disclosure within the scope of the communiqué on the subject that was reflected in the media; This statement was made in response to questions from our investors.”

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