BIRLESIM ENERJI_2025 AR

BİRLEŞİM GRUP ENERJİ 2025 ANNUAL REPORT 2 INTRODUCTION CONTENTS Reporting Period: 01.01.2025-31.12.2025 Company Title: Birleşim Grup Enerji Yatırımları A.Ş. Date of Establishment 01.10.2010 Head Office: Dudullu OSB Mah. 1. Cad. Birleşim Grup No:3/1 347756 Ümraniye - İSTANBUL Trade Registry Number: 157538-0 Mersis Number 3690007234000010 Tax Office Sarıgazi Tax Office Directorate Tax Number 3690007234 Independent Auditor Yeditepe Bağımsız Denetim ve Yeminli Mali Müşavirlik A.Ş. Issued Capital TL 577,000,000 Capital Ceiling TL 700,000,000 INTRODUCTION 2 COMPANY PROFILE 3 SHAREHOLDER STRUCTURE 3 INFORMATION ON THE COMPANY’S SUBSIDIARIES AND SHARE RATIO 4 BİRLEŞİM GROUP IN BRIEF 6 MILESTONES 8 BİRLEŞİM GRUP ENERJİ AT A GLANCE 11 OUR VISION, OUR MISSION 12 OUR CORE STRENGTHS 14 OUR INVESTMENT STRATEGY 16 MANAGEMENT REPORT 18 BOARD OF DIRECTORS 19 FINANCIAL RIGHTS PROVIDED FOR MEMBERS OF THE BOARD OF DIRECTORS 20 SENIOR MANAGEMENT 21 ORGANIZATION CHART 22 KEY FINANCIAL AND OPERATIONAL INDICATORS 24 ENERGY SECTOR OVERVIEW 26 BİRLEŞİM GRUP ENERJİ IN 2025 26 BİRLEŞİM GRUP ENERJİ’S IPO 27 PRODUCTION AND SALES IN 2025 28 BİRLEŞİM GRUP ENERJİ IN 2025 MANAGEMENT AND CORPORATE GOVERNANCE PRACTICES 36 BOARD OF DIRECTORS COMMITTEES 36 INVESTOR RELATIONS UNIT 37 DIVIDEND POLICY 38 INDEPENDENT AUDITOR’S REPORT ON THE ANNUAL REPORT OF THE BOARD OF DIRECTORS FINANCIAL INFORMATION AND ASSESSMENT ON RISK MANAGEMENT 40 CORPORATE RISK MANAGEMENT PRACTICES 40 CREDIT RATING 41 OTHER ISSUES 43 CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 AND INDEPENDENT AUDITOR’S REPORT 100 CONTACT INFORMATION