Information on Nef’s Corporate Processes and Operations

Information on NEF’s Corporate Processes and Operations

In light of the recent developments reflected in the public domain, NEF considers it necessary to provide the following statement to ensure accurate and transparent communication regarding the Company’s operations.

To ensure the uninterrupted and orderly continuation of the Company’s activities, the Savings Deposit Insurance Fund (TMSF) has appointed members to the NEF Board of Directors. The newly appointed Board has assumed its duties in accordance with the relevant legislation and its legal authority, acting with the diligence and prudence expected of a responsible corporate body. Accordingly, all corporate governance and decision-making processes are now carried out under the authority of the newly appointed Board.

Within this framework, all projects undertaken by NEF continue to progress in line with their planned schedules. There has been no interruption to the Company’s production, sales, or delivery processes.

NEF’s corporate structure, together with its Board of Directors and executive management, continues to operate without disruption.

In the coming period, updates regarding project progress, delivery schedules, and operational developments will be shared with the public on a regular basis.

Respectfully announced to the public.

NEF Board of Directors