Registered Capital Ceiling Increase AGM Approval
At the Ordinary General Assembly Meeting of our Company for the special accounting period of February 1, 2021 - January 31, 2022 held on April 27, 2022, it was resolved to amend our Company's Articles of Association's article 6, titled "Capital and Shares" by way of increasing our Company's registered capital ceiling from 245,000,000.- TL (two hundred and forty-five million Turkish Liras) to 500.000.000,- TL (five hundred million Turkish Liras), determining the validity period of the registered capital ceiling as 2022-2026 and increasing the issued capital of our Company from 49,657,000.- TL (forty-nine million six hundred and fifty seven thousand Turkish Liras) to 99,314,000. TL (ninety-nine million three hundred and fourteen thousand Turkish Liras) by fully converting the amounts in the "Retained Earnings" account into share capital, as in the attached.
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.