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New CEO for KARSAN

Karsan has announced an executive leadership transition. Okan Baş, who has served as CEO and Executive Board Member of Karsan for the past ten years, has stepped down from his roles to focus on a new chapter in his professional career. Following a decision by the Karsan Board of Directors, Utku Can Ayyarkın, Group CEO of Kıraça Holding and Member of the Karsan Board of Directors, has been appointed as CEO and Executive Board Member of Karsan.

Utku Can Ayyarkın is Group CEO of Kıraça Holding and member of the Karsan Board of Directors, as CEO and Executive Board Member of Karsan. He has 22 years of experience in the logistics industry. His career began in the field and progressed to senior executive roles. In his new role, he will lead Karsan’s growth strategy, transformation vision, and sustainable success journey. Under Utku Can Ayyarkın’s leadership, Karsan will continue to build on the strength of its 60-year heritage, further advancing its journey to become a global mobility brand in electric and autonomous mobility, strengthening

its presence in international markets, and pursuing its sustainable growth objectives with determination. He follows in Okan Baş’ footsteps who over the past decade led Karsan’s transformation into a global mobility brand, playing a pivotal role in strengthening the company’s presence in international markets through its electric and autonomous public transportation solutions. The Karsan Board of Directors extends its sincere appreciation to Okan Baş for his invaluable contributions to the company.