Acquisition of Radiflow Shares by DxBV

With the aim of creating a global player in the digital world by focusing on business models based on next generation technologies at Sabancı Group, the envisaged company acquisitions initiated by Dx Technology Services and Investment BV (DxBV), a company incorporated in the Netherlands of which Sabancı Holding is the sole and founding shareholder, have been previously disclosed to public on April 29, 2022.

In respect thereof, 51% of the shares in Radiflow Ltd., a global cyber security company operating in the Middle East, USA, European and Asian markets, have been acquired by DxBV as of May 30, 2022 in consideration for USD 30.5 million post customary adjustments as per acquisition and closing procedures. Radiflow became a subsidiary of DxBV after the acquisition.

On the other hand, other company acquisition processes in the digital business unit that were mentioned in the public disclosure statement dated 29.04.2022 are still ongoing as planned, and further developments will be made available to public.