Important Statement from Tofaş Regarding the Stellantis Merger

Approval of Tofaş and Stellantis Merger

Tofaş announced in a statement shared on the Public Disclosure Platform (KAP) that the merger by acquisition process with its wholly-owned subsidiary Stellantis Automotive Marketing Inc. has been approved by the Capital Markets Board (CMB).

Details of the Merger Process

According to the statement, the consideration of Tofaş's 100% equity and voting rights in Stellantis Turkey will not result in any change in Tofaş's issued capital due to the merger process.

Market Reaction and Future Expectations

This significant development may herald a broader structural transformation process in the automotive sector. Tofaş's strategic moves will be closely monitored by investors and market analysts.