close
close
Contact TR
CAREER LOGIN SUPPLIERS

Information Policy

OBJECTIVE

İzdemir Enerji Elektrik Üretim Anonim Şirketi follows an effective information policy that ensures shareholders are informed simultaneously, completely, transparently, and accurately, within the framework of relevant laws and the Capital Markets Board (SPK) Corporate Governance Principles. All information that does not fall under the scope of trade secrets and is legally discloseable is made public.

The aim of the information policy is to share the Company's past performance, future expectations, strategies, goals (excluding information of a trade secret nature), and vision with the public, relevant authorities, current and potential investors, and shareholders through active and open communication.

İzdemir Enerji Elektrik Üretim Anonim Şirketi complies with the Capital Markets Board (SPK) legislation and the regulations of Borsa Istanbul A.Ş. (BIST) in all practices related to public disclosure and aims to implement the most effective communication policy that is accurate, fair, simultaneous, and understandable within the framework of the SPK Corporate Governance Principles.


AUTHORITY AND RESPONSIBILITY

The monitoring, oversight, and development of İzdemir Enerji Elektrik Üretim Anonim Şirketi's public disclosure and information policy falls under the authority and responsibility of the Executive Board Member and Deputy General Manager (Financial Affairs), and the Investor Relations Department has been assigned to coordinate the information function. The Disclosure Policy, approved by the Board of Directors, is presented to shareholders at the General Assembly and announced to the public on the company's website.


PERSONS WITH ADMINISTRATIVE RESPONSIBILITY

Those with administrative responsibility are individuals who, within the framework defined by capital market legislation, have regular access, directly or indirectly, to the inside information of İzdemir Enerji Elektrik Üretim A.Ş. and who are authorized to make administrative decisions that affect the future development and commercial objectives of İzdemir Enerji Elektrik Üretim A.Ş..


METHODS AND TOOLS USED IN PUBLIC DISCLOSURE

In accordance with the regulations of the Capital Markets Board (SPK) and the Istanbul Stock Exchange (BIST), and the provisions of the Turkish Commercial Code, İzdemir Enerji Elektrik Üretim A.Ş. uses the following methods and tools when determining its public disclosure and information policy:

  • Special Situation Announcements (Submitted electronically to the Public Disclosure Platform (KAP)),
  • Financial statements and footnotes, independent audit report and declarations disclosed periodically at the end of each quarter (Submitted electronically to KAP),
  • Annual and interim activity reports,
  • Corporate website (https://www.izdemirenerji.com/),
  • Prospectuses, circulars, announcement texts and other documents required to be prepared in accordance with Capital Market regulations,
  • Announcements and notices made through the Turkish Trade Registry Gazette and, when necessary, national and local newspapers with high circulation,
  • Press releases made through written and visual media in parallel with important developments during the year,
  • Methods and means of communication carried out through written communication tools such as petitions and emails.

WEBSITE

In order to inform the public, İzdemir Enerji Elektrik Üretim A.Ş. actively uses its website at https://www.izdemirenerji.com/, as recommended by the Capital Markets Board's Corporate Governance Principles. The statements on the İzdemir Enerji Elektrik Üretim A.Ş. website do not replace the notifications and special situation disclosures required under the Capital Markets Legislation. The website is available in Turkish and English.

 

The following are key topics that can be followed on the website:

 

  • Detailed information on corporate identity
  • Vision and main strategies
  • Information about the Board of Directors
  • Company ownership structure
  • Company articles of association
  • Trade registry information
  • Financial information, indicators and reports
  • Announcements
  • Special Circumstances Announcements
  • Explanations about the date, agenda, and agenda items of the General Assembly
  • General Assembly information document
  • General Assembly meeting minutes and attendance list
  • Sample power of attorney
  • Corporate Governance Principles Compliance Report
  • Dividend distribution policy
  • Information policy
  • Other policies and principles


DISCLOSURE OF SPECIAL CIRCUMSTANCES TO THE PUBLIC

RESPONSIBILITY

Izdemir Energy Electricity Generation Inc.'s special situation announcements are prepared by the Investor Relations Unit and submitted electronically to the Public Disclosure Platform (KAP) by the authorized managers.


EXPLANATIONS REGARDING THE EXERCISE OF SHAREHOLDER RIGHTS

In accordance with Capital Market regulations, shareholders are informed about General Assembly meetings, capital increases, and dividend payments through the Public Disclosure Platform (KAP) and announcement texts. The Company's Ordinary General Assemblies are held annually within the legally prescribed timeframes. Documents to be viewed at the General Assembly include: Agenda, Attendance List, Activity Report, Balance Sheet, Income Statement, General Assembly Minutes, and any amendments to the Articles of Association. These documents are made available to investors in the locations specified in the legal regulations.


MEDIA

Throughout the year, the public is informed in detail through a controlled flow of news to written and visual media regarding developments deemed necessary to be announced. Depending on the nature of the developments, this information may also be provided through press conferences. Questions or requests for information from the press regarding various developments and the general flow of events are evaluated in writing and a response, either positive or negative, is always provided.


PROCEDURE TO BE FOLLOWED IN RESPONSE TO NEWS PUBLISHED IN THE PRESS AND MEDIA

News and rumors about our company appearing in the press and media or in the public sphere are monitored by the Investor Relations Unit through periodicals under its control. In the event of news or rumors that are first publicly announced through the press or other communication channels, or that differ in content from previously publicly announced information, and which are of significant importance and could affect the value, price, or investment decisions of investors regarding the company's capital market instruments, a special disclosure statement will be issued regarding the accuracy or sufficiency of such information, regardless of whether it originates from the company.


FALSE NEWS AND RUMORS

Izdemir Energy Electricity Generation Inc., as a matter of principle, does not comment on market rumors and speculations. However, Izdemir Energy Electricity Generation Inc. will make a statement regarding such false news if a request for verification is received from the Capital Markets Board (SPK) and/or the Istanbul Stock Exchange (BIST) within the framework of Capital Market Legislation, or if the management decides that a response is necessary and appropriate.


MEASURES TO ENSURE THE CONFIDENTIALITY OF INSIDE-CONFIDENTIAL INFORMATION UNTIL ITS PUBLIC DISCLOSURE

The confidentiality of inside-content information held by İzdemir Enerji Elektrik Üretim A.Ş. employees and other parties in contact with the company, from the occurrence of the special situation until its disclosure to the Public Disclosure Platform (KAP), is ensured through a protocol signed between the individuals listed in the Inside-Content Access List and the Company. If it is determined that inside-content information has been unintentionally disclosed by employees working on behalf of İzdemir Enerji Elektrik Üretim A.Ş. to third parties without a confidentiality agreement, and if it is concluded that the confidentiality of the information cannot be ensured under Capital Market regulations, a special-content disclosure will be made immediately.


EXPLANATIONS REGARDING FORWARD-LOOKING STATEMENTS

Izdemir Enerji Elektrik Üretim A.Ş. may make forward-looking statements from time to time regarding its information policies. The forward-looking statements contained in the company's written documents are based on certain assumptions. Due to risks, uncertainties, and other factors, actual results may differ significantly from the expected results stated in the forward-looking statements. Any differences from the statements will be disclosed and communicated to investors within a reasonable timeframe.


QUIET PERIOD

To prevent asymmetric information distribution and unauthorized disclosures related to financial statements, the Company refrains from discussing the Company's operating results and financial position, as reported in the financial statements, with capital market participants during certain periods of the calendar year.

This period is called the "Quiet Period". For the Company, the "Quiet Period" begins fifteen days before the date on which the financial statements and footnotes for the quarterly, six-monthly, and annual accounting periods are publicly disclosed and ends at the time of public disclosure of the relevant financial statements and footnotes. During this period, questions from analysts, investors, and other capital market participants regarding the Company's financial results for the relevant accounting period will not be answered. Subject to relevant Capital Markets Board regulations, the "Quiet Period" does not prevent persons authorized to represent the Company from attending conferences, forums, and panels, or making speeches and announcements.

Approved at the meeting of the Company's Board of Directors dated August 29, 2023, No. 29.