The Company has applied to the Capital Markets Board (Board) to obtain their approval to the amendment text regarding the amendment of article 3 titled |||Purpose and Subject||| (Amaç ve Konu) and article 2 titled |||Trade Name||| (Unvan) of our Company`s Articles of Association, as per the resolution of our Company`s board of directors dated 10.03.2025, which was disclosed as a |||Significant Transaction|||. Upon application, with the Capital Markets Board Bulletin dated 18.04.2025 and numbered 2025/24, and its letter dated 25.04.2025 and numbered E-29833736-110.03.03-71335 which was served to our Company on 30 April 2025, the Board:
• has approved the amendment text adopted in the board of directors` resolution dated 10.03.2025, subject to the addition of the phrase |||Provided that it complies with the Capital Markets Legislation||| to precede the sentence |||It may acquire various securities of the companies in which it participates in the capital and/or management and/or finance them in other ways,||| found in paragraph 6 of article 3 titled |||Purpose and Subject|||;
• has resolved that the withdrawal right shall be exercised through an intermediary institution at a price of TRY 26.20 per share pursuant to Article 12/1 of the Communiqué on Significant Transactions and the Withdrawal Right (II-23.3), taking into account the disclosure date of 10.03.2025 of the board of directors` resolution regarding the amendment to the articles of association, which was considered a significant transaction by our Company and disclosed together with the price for exercising the withdrawal right.
The amendment text to the articles of association, as approved by the Board, is shared as an annex to this notification/announcement. The Board`s approval shall remain valid for a period of six months as of 25.04.2025, and in the event that the amendment is not approved by the general assembly within this period, a new approval must be obtained from the Board.
The draft amendment to the articles of association, as approved by the Board, will, at this stage, be submitted for approval by the Ministry of Trade of the Republic of Türkiye (Ministry). The transaction in question will be submitted for the approval of the shareholders at an extraordinary general assembly meeting to be held following the Ministry`s approval, since it will not be possible to complete it in time for the 2024 Ordinary General Assembly Meeting scheduled for May 6, 2025, taking into account the above-mentioned timeframes.
Developments on the matter will be shared with the public.
Best regards,
