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4 Nov 2025

The gong rang at Borsa Istanbul for Ecogreen Energy Holding.

With its investments in the renewable energy sector, Ecogreen Energy Holding A.Ş., which has led Turkey's energy transformation, has stepped into the capital markets with the gong ceremony held at Borsa Istanbul. The company, which successfully completed the demand collection process that took place with the "Fixed Price Demand Collection" method on October 22-23-24, 2025, under the leadership of Gedik Investment, began trading on Borsa Istanbul today with the code ECOGR.

The gong ceremony was attended by Korkmaz Ergun, General Manager of Borsa Istanbul A.Ş., Osman Uğurlu, Chairman of the Board of Ecogreen Energy Holding, Cem Göçmen, Vice Chairman and CEO of Ecogreen Energy Holding; Onur Topaç, Chairman and CEO of Gedik Investment, and Ersan Akpınar, General Manager of Gedik Investment, as well as employees of Ecogreen Energy Holding and many invited guests.

Korkmaz Ergun, General Manager of Borsa Istanbul A.Ş. stated, “Ecogreen Energy is a valuable company that produces energy without harming the environment, transforms waste into resources, and contributes to the growth of the renewable energy sector. The growth of the renewable energy sector is an important element of our country’s sustainable development. By starting to trade on our exchange today, Ecogreen Energy has taken a valuable step towards achieving its growth goal. Therefore, I thank everyone who contributed to this successful IPO, our company, and our brokerage. I hope this IPO will be beneficial for our capital markets, and I welcome Ecogreen Energy to our exchange family.”

 “We took a strong step for a sustainable future with the IPO”

In a speech made during the gong ceremony at Borsa Istanbul, Osman Uğurlu, Chairman of Ecogreen Energy Holding, said, “"Today marks the beginning of a new era for our company following the successful completion of our IPO process. With the intense demand we received from a large investor base, our family has grown and our partnership structure has diversified. Most importantly, our financial structure has become even stronger. Undoubtedly; the IPO is not just a financial process, but also a strategic step towards contributing to Turkey's energy independence and sustainable growth. I also view the IPO as part of our corporate identity, which is strengthening together with our new partners who have joined our family, based on transparency and trust in our future vision. This important step not only inspires us for the future but also boosts our motivation.”

Will contribute more to the 'Green Transformation' goal with new investments

Sharing the investment targets for the upcoming period, Osman Uğurlu continued his remarks:

“With the support we receive from our capital markets, we want to increase our renewable energy capacity and contribute more to Turkey’s ‘Green Transformation’ goals. We will invest a large portion of the proceeds from the IPO in renewable energy investments. Our investment in the 100 MWe Kırklareli-3 Electricity Storage Wind Power Plant, which is under the project process initiated under the Ecowind 3 company, is still ongoing. We plan our project, for which we have received a preliminary license, as an electricity storage wind power plant. We are currently carrying out the necessary processes for the license, such as site survey, geological study, Environmental Impact Assessment (EIA), and urban planning, along with a wind measurement station. Besides this project, we are closely monitoring new opportunities that may arise in the energy sector that fit our company's investment criteria. We aim to strengthen our presence in the sustainable energy sector through ‘Project development’ or ‘New Acquisitions’ to produce energy from renewable sources like Solar Power Plants, Storage Solar Power Plants, Wind Power Plants, and Storage Wind Power Plants.”

We are happy to lead the 1.14 billion TL IPO of Ecogreen Energy Holding

Emphasizing that they have led the development of the sector with over 30 years of experience in capital markets, Ersan Akpınar, General Manager of Gedik Investment stated, “As Gedik Investment, we sincerely believe that sustainable growth in our country can only be achieved through capital markets, and we value standing by our investors with the right communication style. Since 2011, we have led in 30 IPOs and co-led in 3 IPOs. In the last 15 years, we have also participated as a consortium member in over 150 IPOs. Today, we are very pleased to lead the 1.14 billion TL IPO of Ecogreen Energy Holding, one of the important brands in our country’s renewable energy field. As a result of this successfully completed IPO, we have distributed shares to approximately 479 thousand investors. As Gedik Investment, we are aware of the important responsibilities we have to ensure the continuity of the IPO market. By being selective in IPOs, we will prioritize companies that aim for growth and use the funds they obtain for investments and working capital needs, and we will continue to bring companies that possess these characteristics to the stock market as we have done before.”

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