Statement from Şişecam about Stockton Port Investment

Şişecam made a statement on the Public Disclosure Platform (KAP) regarding the US Stockton Port Investment. Şişecam announced that it has become a 50 percent partner in the US Stockton Port by paying 12.2 million dollars to Şişecam Chemicals USA after the necessary approvals were received. The following statements were made regarding the subject; “The transaction, which we publicly disclosed on 29/03/2023 regarding the decision of our Board of Directors to become a partner of Denmar US LLC by Şişecam Chemicals USA through a capital increase method and thus to participate in the Stockton Port Operation Project by 50 percent, was completed on 11 May 2023 following the approval of the Committee on Foreign Investment in the United States (CFIUS), which is essential for foreign investors since port investments to be made in the United States are considered among investments of strategic importance. Within the scope of the transaction, Şişecam Chemicals USA paid 12.2 million USD for a 50% participation in the Stockton Port Operation Project.”