AKVO GAYRIMENKUL YATIRIM A.Ş.

Information Notice on the Processing of Personal Data for Product or Service Recipients / Potential Product or Service Recipients

This information notice has been prepared in accordance with Article 10 of the Law No. 6698 on the Protection of Personal Data (“KVKK”), dated 24.03.2016.

As Akvo Gayrimenkul Yatırım A.Ş. (“Company”), we attach utmost importance to the security of your personal data. We place great emphasis on ensuring that all personal data belonging to individuals associated with our Company, including those who benefit from our services, are processed and preserved in compliance with the Law No. 6698 on the Protection of Personal Data.

Through this Information Notice, we inform you regarding the purposes for which your personal data will be processed, the parties to whom they may be transferred, the methods of collection, the legal basis for processing, and your rights under KVKK.

Your personal data may be obtained, recorded, stored, preserved, transferred domestically or abroad, and processed by our Company, Akvo Gayrimenkul Yatırım A.Ş., as the “Data Controller,” in accordance with the definitions of data processing set out in KVKK and in line with the principles outlined in this Information Notice.

a. Personal Data Processed by Our Company as Data Controller (Name/Surname/Email/Address/Mobile Number)

Our Company, as Data Controller, may process personal data of our existing or potential product or service recipients, or employees of our existing or potential corporate product or service recipients, such as name, surname, phone number, email, signature, and information that may appear in correspondence with judicial authorities.

Personal data obtained from third parties: If such personal data are transferred to our Company by a corporate supplier/partner, the responsibility for obtaining the necessary consent from the data subjects, where required, and for delivering this Information Notice to the data subjects rests with the relevant supplier/partner.

b. Purposes of Processing Personal Data

Execution of supply chain management processes
Execution of goods/services procurement processes
Execution of communication activities
Execution and supervision of business activities
Execution of contract processes
Pursuit of legal affairs
Fulfillment of legal obligations

c. Method and Legal Basis of Data Processing

Method: Your personal data may be processed through any verbal, written, or electronic medium, using automated or non-automated methods.

Legal Basis: The legal grounds for collecting and processing your personal data vary depending on the type of personal data and the purpose of processing. Your personal data will be processed for the purposes stated in this Information Notice on the following legal bases:

Fulfillment of contractual obligations between the customer and the Company (KVKK Art. 5/2(c))
Explicit consent provided by the relevant customer or third-party data subject (KVKK Art. 5/1)
Where data processing is mandatory for the establishment, exercise, or protection of a right (KVKK Art. 5/2(e))
Where processing is necessary for our Company to fulfill a legal obligation (KVKK Art. 5/2(ç))
Where processing is necessary for the legitimate interests of our Company, provided that it does not harm the fundamental rights and freedoms of data subjects (KVKK Art. 5/2(e))

Special categories of personal data will be processed only if the data subjects have given explicit consent (KVKK Art. 6/2), or where processing of such data is explicitly stipulated by law (KVKK Art. 6/3).

d. Transfer of Processed Personal Data

Your personal data may be shared with administrative and official authorities where required by law, with our business partners and subcontractors located domestically and abroad, in line with the conditions and principles set forth under Articles 8 and 9 of KVKK, for the purposes of fulfilling our contractual obligations, performing related services, or with your explicit consent.

e. Your Rights as Data Subjects

Regarding the processing of your personal data by our Company, you have the following rights pursuant to Article 11 of KVKK:

To learn whether your personal data is being processed
To request information if your personal data has been processed
To learn the purpose of processing your personal data and whether it is being used in accordance with that purpose
To know the third parties to whom your personal data is transferred, domestically or abroad
To request correction of your personal data if it is incomplete or inaccurate
To request the deletion or destruction of your personal data if the reasons for processing no longer exist, and to request notification of such correction, deletion, or destruction to third parties to whom the data has been transferred
To object to any unfavorable result arising from analysis of your personal data exclusively through automated systems
To request compensation if you suffer damages due to unlawful processing of your personal data

You may submit your requests or complaints regarding the processing of your personal data to us via email at info@akvogy.com. As the Data Controller, we will respond to your request within 30 days at the latest, as stipulated in Article 13 of KVKK. Unless your request requires additional costs, the response will be provided free of charge.

AKVO GAYRIMENKUL YATIRIM A.Ş.

EXPLICIT CONSENT FORM FOR THE SENDING OF COMMERCIAL MESSAGES

This form has been prepared by Akvo Gayrimenkul Yatırım A.Ş. (“Company”) as the Data Controller, in accordance with the obligation to inform stipulated in Article 10 of the Law No. 6698 on the Protection of Personal Data (“KVKK”), and is presented to you following the Information Notice. Its purpose is to obtain your explicit consent regarding the processing and transfer of your personal data. Please indicate your preference regarding the explicit consent for the processing of your personal data listed below.

Your personal data, including your name, surname, e-mail address, phone number, message, as well as other personal data obtained during our communication with you, may be processed with your explicit consent in accordance with the Law on the Regulation of Electronic Commerce and Article 5 of KVKK for the following purposes:

To inform you about current developments regarding our products and services
To provide you with tailored campaigns and advertisements
To personalize the services we offer to you
To send commercial messages via SMS, phone call, or e-mail regarding campaigns, promotions, advertisements, discounts, and introductions

Within this scope, your personal data may also be transferred for the same purposes to our shareholders, affiliates, and group companies.

Furthermore, with your explicit consent, your personal data may be shared for the purposes of sending commercial messages and conducting advertising/promotional activities with data processing service providers, measurement and support service providers, CRM companies, SMS/e-mail service providers, call centers, software and infrastructure companies.

Radisson Blu Residences - FAQ

Where are Radisson Blu Residences located?

Radisson Blu Residences are situated in Izmir’s new city center, right at the heart of business and social life. With direct access to the metro station, they are just minutes away from key destinations: Forum Bornova (3 min), Point Bornova (5 min), city center (7 min), airport (25 min), Çeşme (40 min), Ephesus (40 min), and Kuşadası (50 min).

What category of hotel is Radisson Blu?

Radisson Blu is a 5-star luxury hotel brand under the Radisson Hotel Group, one of the world’s most recognized and prestigious names in hospitality. It offers modern design, comfort, spa & wellness facilities, indoor and outdoor pools, a 3,000 m² fitness center, fine dining restaurants, a patisserie, a bar, and conference rooms—delivering an exceptional experience for its guests.

How long is the operating agreement between Radisson Blu and AKVO GY?

There is a 20-year operating agreement between Radisson Blu and AKVO Gayrimenkul Yatırım (AKVO GY), with the option to extend.

What happens at the end of the agreement term?

To maximize benefits for investors and maintain the highest level of brand collaboration, the agreement may be extended based on AKVO GY’s performance evaluation, or a new agreement may be signed with another international brand offering the most advantageous conditions for AKVO GY investors.

Do Radisson Blu Residences meet the requirements for Turkish Citizenship?

Yes. Radisson Blu Residences meet the investment criteria required by law for applying for Turkish Citizenship.

Do you provide consultancy services for citizenship applications?

No. Legal consultancy services and expenses related to citizenship applications are not included. AKVO GY recommends that investors make use of independent legal services regarding the citizenship application process.

What type of title deed will be issued?

All independent units will be delivered with condominium title deeds, which may be registered as residential or commercial depending on legal regulations.

Who pays for the title deed costs?

Title deed costs are shared between the buyer and the seller.

What is included in the furnishing and fit-out of the residences?

Residences are delivered fully furnished and ready to move in, including: • Built-in appliances (refrigerator, dishwasher, oven/microwave, stove, extractor hood)
• White goods (TV, washing machine)
• Small appliances (hair dryer, coffee machine, iron)
• Moveable furniture such as sofas and beds
• Bathroom and bedroom textiles
(For detailed brand and product specifications, please refer to the Technical Document.)

What is the quality of materials used inside the residences?

All materials comply with Radisson Blu standards and are of upper-segment quality.

How earthquake-resistant is the project?

The project meets the highest level of earthquake resistance, certified as DD1 compliant.

What are the usage options for the residences?

Owners are offered two options:

For Investment (Plan A):

• Lease the unit through Radisson Blu Residence management.
• Earn passive income through professional management.
• Benefit from high occupancy rates under the hotel concept.
• Enjoy a flexible investment model with both short- and long-term rental options.

For Personal Use (Plan B):

• Use the unit as a private residence.
• Benefit from Radisson Blu’s luxury hotel services.

What is the Usufruct Management System?

The usufruct management system is an operational model where owners transfer management of their units to Radisson Blu for 20 years. This system provides passive income for owners, while Radisson Blu’s professional management ensures high occupancy and efficient operation.

What is the duration of the usufruct agreement?

The usufruct period is 20 years from the contract signing date.

How does the usufruct system work?

• Owners receive 50% of the net operating income generated by their unit over 20 years.
• For the first 5 years, owners are guaranteed a minimum annual income of 8% of the sales price.

How are usufruct payments made?

Payments are made quarterly (every 3 months).

In which currency are usufruct payments made?

Usufruct payments are made in USD or EUR, as specified in the sales contract, and settled in the respective currency.

When do usufruct payments begin?

Payments begin 6 months after contract signing, provided the full purchase price has been paid.

How are usufruct payments structured (detailed)?

For the first 5 years, payments are made quarterly in 4 equal installments. After the 5-year guarantee period, payments are made annually in a lump sum.

Will I have to pay taxes or expenses if I join the usufruct system?

Mandatory earthquake insurance, property tax, utilities, and service fees are covered by AKVO GY during the usufruct period and deducted from operating income.

What are the common expenses?

• Electricity, water, and natural gas expenses
• Service charges (maintenance fees)
Note: Owners who join the usufruct system are exempt from these expenses during the usufruct period.

Who is responsible for property taxes and title deed expenses?

• Property tax is paid by the unit owners.
• Title deed costs are shared between buyer and seller.

Can I later join or exit the usufruct system?

Yes. Owners may switch plans with 6 months’ prior written notice.

If I join the usufruct system within the first 5 years, can I benefit from the guaranteed income?

Yes. The 8% guaranteed income is valid until December 2030.

Can I stay in my unit while it is under the usufruct system?

Yes. With 3 months’ advance notice and subject to availability, owners can stay in their unit (or a similar one suggested by the hotel) for at least 1 month, at a discounted rate. A 15% discount applies to accommodation fees, which are deducted from the usufruct income.

What happens at the end of the usufruct period?

At the end of 20 years, owners may:
• Take back their unit for personal use
• Manage rental independently
• Continue renting through the Radisson Blu brand model

Can usufruct owners sell their units?

Yes. Owners may sell their unit through AKVO GY at any time.
• The sale is conducted under free market conditions.
• AKVO GY assists in finding buyers and managing the sales process.
• A sales commission is applied in line with market standards.

What are the advantages for owners who do not join the usufruct system?

Non-participating owners can still enjoy a comfortable lifestyle and benefit from the luxury services and privileges offered by Radisson Blu Residences.

What social amenities can I benefit from?

• Exclusive discounts on hotel services (15%)
• Hotel restaurant, patisserie, and bar services
• Indoor and outdoor swimming pools
• Indoor and outdoor parking facilities
• Hairdresser services
• Meeting rooms and conference facilities
• Concierge services
• Membership discounts on fitness center, hammam, sauna, and spa (50% discount)

How is the rental of personally used residences managed?

A safe and simple rental process is provided with the professional support of AKVO GY. Each new rental agreement is subject to a 12% + VAT commission on the annual rental income.