- TPI Composites, Inc. (TPICQ) completed the **sale and transfer** of its ownership interests in **TPI Türkiye** on **September 10, 2025**.  **[1455684_0001171843-25-005918_exh_991.htm:0]** **[1455684_0001171843-25-005918_f8k_091625.htm:1]** 
- The transaction involved the sale of **two wind blade manufacturing facilities** and a **field service inspection and repair business in Izmir, Türkiye**, with the purchaser assuming the **entire liability and debt position** of TPI Türkiye.  **[1455684_0001171843-25-005918_exh_991.htm:0]** **[1455684_0001171843-25-005918_f8k_091625.htm:1]** 
- TPI Türkiye comprised the **majority of the Company's EMEA segment** and approximately **2,700 Turkish employees** were transferred as part of the Transaction.  **[1455684_0001171843-25-005918_exh_991.htm:0]** **[1455684_0001171843-25-005918_f8k_091625.htm:1]** 
- Unaudited pro forma financial information is provided, reflecting the removal of TPI Türkiye's assets, liabilities, and results of operations, with the pro forma balance sheet as of **June 30, 2025**, and pro forma statements of operations from **January 1, 2023**.  **[1455684_0001171843-25-005918_exh_991.htm:0]**

TPI COMPOSITES (TPICQ)