GLOBAL YATIRIM HOLDİNG A.Ş.

Our indirect subsidiary, RIHTIM51 Gayrimenkul Yatırımları A.Ş. ("RIHTIM51"), has informed our company that it has signed a 25-year Brand and Management Agreement ("Agreement") with Hilton Worldwide Manage Limited ("Hilton") for the hotel ("Hotel") currently under construction on its wholly owned property located in Karaköy, Beyoğlu, Istanbul. Under the Agreement, the Hotel will be operated under the "Curio Collection by Hilton" brand and is expected to commence operations by the end of 2025. 

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail. Respectfully announced to the public.