Signing of Project Financing and Tax Equity Agreements for Lucky 7 and Pepper Solar Projects

As previously disclosed, Sabanci Renewables Inc., in which Sabancı İklim Teknolojileri A.Ş., a wholly owned subsidiary of Sabancı Holding, holds 100% of the shares, has completed the project financing and tax equity processes for the Lucky 7 and Pepper Solar Projects located in Texas, USA.

Within the scope of the aforementioned projects, for the power plants with a total installed capacity of 286 MW, a project finance credit agreement in the amount of USD 382 million has been executed with international financial institutions, together with a tax equity agreement relating to financing of USD 151 million to be provided by tax equity investor.

Under the project financing, a club loan structure has been established with the equal participation of NORD/LB, MUFG Bank, BBVA, and Intesa Sanpaolo, and has been complemented by the tax equity investment provided by Advantage Capital, thereby forming a comprehensive financing structure aligned with the lifecycle of the projects.

The facilities are targeted to be commissioned in the third quarter of 2027. Following the commissioning of the investments, as stated in the material event disclosure dated 15 August 2025, Sabanci Renewables Inc.'s total renewable energy portfolio in the United States is expected to reach approximately 790 MW.

Respectfully announced to the public.