Statement of Coşkunöz Holding A.Ş.

The bases of our experience in the industrial area were laid in 1950; our travel to the peak continues among the most significant added-value generating institutions of our country by having important successes from past to today. 

A reconstruction decision on Coşkunöz Holding and Coşkunöz Isı Sistemleri A.Ş. shareholding structure has been taken so as to speed resolution processes and to attain a structure that our shareholders can focus on areas of specialization. Within this scope, the management of Coşkunöz Isı Sistemleri A.Ş. operating in the air-conditioning sector will be executed by Besler Family, which is one of the three senior partners of Coşkunöz Holding, following the completion of relevant processes. The management of Coşkunöz Holding will be maintained by other two senior partners as well as Besler Family will continue to be a shareholder in Coşkunöz Holding.

Coşkunöz Holding and Coşkunöz Isı Sistemleri A.Ş. will continue to create a value for all the shareholders and to grow steadily by maintaining their domestic and overseas investments in their sectors of activity. We wish this development which will make important contributions to achieve the goals quickly for Coşkunöz Holding and Coşkunöz Isı Sistemleri A.Ş will be good for all of our shareholders. 

We announce this with respect.

Coşkunöz Holding