In light of the decision published in the Capital Markets Board of Türkiye’s (CMB/SPK) bulletin dated 7 May 2026 regarding Global Investment Holdings Chairman and CEO Mr. Mehmet Kutman, and in line with our principles of transparency and public disclosure, it has become necessary to inform our investors and the public.

The transactions referenced in the CMB bulletin relate to the transfer of a portion of GLYHO shares directly owned by Mr. Mehmet Kutman into a closed-end fund established by an independent  Asset Management  Company (AMC) as part of his estate planning, of which Mr. Kutman is the sole owner of the fund unit. These transfers were carried out on three separate dates starting from May 2025.

The share transfers to the private fund did not increase the number of free float shares. A portion of the shares directly owned by Mr. Mehmet Kutman was transferred to a fund in which he is the sole owner of the fund unit, and neither Mr. Kutman nor the closed-end fund conducted any share sales on the stock exchange in any manner whatsoever. Relevant material event disclosures regarding these transfers were duly made by Mr. Kutman on the respective transaction dates.

Since the transactions took place in May 2025, the market performance of GLYHO shares demonstrates that these transactions had no negative impact on the share price. On the contrary, since that date, the share price has increased steadily and has more than doubled in value.

The transfer of GLYHO shares directly owned by Mr. Mehmet Kutman into a fund of which he is the sole owner of the fund unit was carried out through a process and transaction initiated by the AMC and was therefore required to be executed through the stock exchange. This was subsequently evaluated by the CMB as a technical breach, leading to the decision published in the bulletin.

Respectfully announced to the public and our investors.

Global Investment Holdings

SHARE: