TÜRK HAVA YOLLARI A.O. Özel Durum Açıklaması (Genel) 19 Ağustos 2025

As stated in our Public Disclosure dated August 7, 2025, our Board of Directors had resolved to submit a binding offer for the acquisition of a minority stake in Air Europa Holding S.L.U. ("Air Europa") with the objectives of strengthening our strategic position in the global aviation industry and increasing the number of tourists visiting Türkiye along with the related economic contribution by opening new tourism markets in Latin America and expanding passenger and cargo flight network between Spain and Türkiye. 

In this regard, we have been informed that the binding offer submitted by our Company has been accepted by Air Europa, and the process has now moved to the preparation of transaction documentation and the commencement of official procedures related to closing.

The transaction involves an investment of 300 million Euro, the vast majority of which will be in the form of a capital increase, with the exact percentage of the minority stake to be acquired to be determined following technical and financial adjustments at the closing stage.

The process is expected to be completed within approximately 6 to 12 months subject to obtaining the necessary permits and approvals from the relevant regulatory authorities.

Attached is a short presentation introducing Air Europa, provided for our investors.

Should any new developments arise that could affect investors' decisions, the necessary disclosures will be shared with the public.