The Initial Public Offering of Al has been completed. Shares offered to the public will be listed on BIST STARS with a base price of 58.50 TL, the ticker code “ALFAS” and the continuous trading method.

In his address at the Opening Bell Ceremony, Korkmaz Ergun, the CEO of Borsa İstanbul A.Ş., stated the following:

“Distinguished guests,

Today, I welcome you all to your home, to the Opening Bell Ceremony hosted by our Exchange as we celebrate the listing of Alfa Solar at our Exchange.

Alfa Solar has launched an outstanding IPO with a very high demand, an IPO income of more than 538 million TL and a sale to 348 thousand investors. This high interest sheds light on us for the IPOs that will continue in the upcoming period.

This distinguished company, founded by an industrialist family and producing solar energy panels, will use the IPO yield to increase its production and strengthen its working capital. Thus, in order to share its growth and profitability with its investors, the company set off today for an auspicious path at Borsa İstanbul.

In the last two years, many companies from the energy industry have joined us. They have benefited from the opportunities offered by our capital markets in order to increase their production capacity, invest, export and strengthen their corporate structures. As such, we have provided long-term financing opportunities to these distinguished energy companies, as well as support renewable energy and especially solar energy and sustainability with our investors.

Distinguished guests,

I would like to extend my thanks to everyone who contributed to this successful IPO process, all company employees and the intermediary institution. I would like to welcome Alfa Solar to Borsa İstanbul family. I wish it to be auspicious for our capital markets.