<SEC-DOCUMENT>0001104659-26-033458.txt : 20260323
<SEC-HEADER>0001104659-26-033458.hdr.sgml : 20260323
<ACCEPTANCE-DATETIME>20260323201923
ACCESSION NUMBER:		0001104659-26-033458
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20260318
FILED AS OF DATE:		20260323
DATE AS OF CHANGE:		20260323

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Karadogan Hakan
		CENTRAL INDEX KEY:			0002123125
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40553
		FILM NUMBER:		26783911

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		KUSTEPE MAH. MECIDIYEKOY YOLU CAD.
		STREET 2:		TRUMP TOWERS TOWER:2 NO:12 FLOOR:2 SISLI
		CITY:			ISTANBUL
		PROVINCE COUNTRY:   	W8
		ZIP:			34387

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			D-MARKET Electronic Services & Trading
		CENTRAL INDEX KEY:			0001850235
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				000000000
		STATE OF INCORPORATION:			W8
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		KUSTEPE MAHALLESI MECIDIYEKOY YOLU
		STREET 2:		CADDE NO: 12 TRUMP TOWERS KULE 2 K2
		CITY:			SISLI ISTANBUL
		PROVINCE COUNTRY:   	W8
		BUSINESS PHONE:		90 (0) 212 304 20 00

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		KUSTEPE MAHALLESI MECIDIYEKOY YOLU
		STREET 2:		CADDE NO: 12 TRUMP TOWERS KULE 2 K2
		CITY:			SISLI ISTANBUL
		PROVINCE COUNTRY:   	W8
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>tm268696-13_3seq1.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0607</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2026-03-18</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001850235</issuerCik>
        <issuerName>D-MARKET Electronic Services &amp; Trading</issuerName>
        <issuerTradingSymbol>HEPS</issuerTradingSymbol>
        <issuerForeignTradingSymbol></issuerForeignTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002123125</rptOwnerCik>
            <rptOwnerName>Karadogan Hakan</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerNonUSAddressFlag>true</rptOwnerNonUSAddressFlag>
            <rptOwnerStreet1>KUSTEPE MAH. MECIDIYEKOY YOLU CAD.</rptOwnerStreet1>
            <rptOwnerStreet2>TRUMP TOWERS TOWER:2 NO:12 FLOOR:2 SISLI</rptOwnerStreet2>
            <rptOwnerCity>ISTANBUL</rptOwnerCity>
            <rptOwnerNonUSStateTerritory></rptOwnerNonUSStateTerritory>
            <rptOwnerCountry>W8</rptOwnerCountry>
            <rptOwnerZipCode>34387</rptOwnerZipCode>
            <rptOwnerStateDescription>TURKEY</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>CEO of Logistics</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Restricted Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Ordinary Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>100000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Restricted Stock Units convert into ordinary shares (which may be represented by American Depositary Shares) on a one-for-one basis. This award will fully vest on 1/31/2027.</footnote>
    </footnotes>

    <remarks>Exhibit List: Exhibit 24 - Power of Attorney. This Form 3 is being filed late due to an administrative delay in obtaining the reporting person's EDGAR filing credentials. With respect to the untimely filing of this Form 3, the reporting person intends to rely on the no-action relief available to directors and officers of foreign private issuers pursuant to Question 6 of the Holding Foreign Insiders Accountable Act FAQ (added on March 12, 2026).</remarks>

    <ownerSignature>
        <signatureName>/s/ Zeynep Tuana Temel, attorney-in-fact for Hakan Karadogan</signatureName>
        <signatureDate>2026-03-23</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>tm268696d13_ex24.htm
<DESCRIPTION>EXHIBIT 24
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin-top: 0; margin-bottom: 0"><B>Exhibit 24</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: Black 1pt solid; padding: 5pt 5pt 10pt; text-align: center; width: 50%"><B>POWER OF ATTORNEY &nbsp;</B></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 5pt 5pt 10pt; text-align: center; width: 50%"><B>VEK&Acirc;LETNAME
    &nbsp;</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; text-align: justify; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 5pt 5pt 10pt">The undersigned hereby appoints each of G&uuml;ne&#351; Akman &Ouml;zcan with passport number [***], Zeynep Tuana Temel with passport number [***] and Selen Has&ccedil;el&#305;k with passport number [***] to act individually, and with full power of substitution, the undersigned&rsquo;s true and lawful attorney-in-fact to:</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 5pt 5pt 10pt; text-align: justify">A&#351;a&#287;&#305;da imzas&#305; bulunan;
[***] pasaport numaral&#305; G&uuml;ne&#351; Akman &Ouml;zcan,
[***] pasaport numaral&#305; Zeynep Tuana Temel ve
[***]
pasaport numaral&#305; Selen Has&ccedil;elik&rsquo;ten her birini m&uuml;nferiden hareket etmek ve tam tevkil yetkisini haiz olmak &uuml;zere,
a&#351;a&#287;&#305;daki i&#351;lemleri ger&ccedil;ekle&#351;tirmek i&ccedil;in kendisinin ger&ccedil;ek ve kanuni vekili olarak
tayin eder:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 5pt 5pt 10pt; text-align: justify">(1)
    prepare, execute and submit in the undersigned&rsquo;s name and on the undersigned&rsquo;s behalf, to the U.S. Securities and Exchange
    Commission (the &ldquo;<B>SEC</B>&rdquo;) a Form ID, including amendments thereto, and any other documents necessary or appropriate
    to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a)
    of the Securities Exchange Act of 1934, as amended (the &ldquo;<B>Exchange Act</B>&rdquo;), or any rule or regulation of the SEC;
    </TD>
    <TD STYLE="border-right: Black 1pt solid; text-align: justify; border-bottom: Black 1pt solid; padding: 5pt 5pt 10pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">(1)
                                            a&#351;a&#287;&#305;da imzas&#305; bulunan&#305;n ad&#305;na ve hesab&#305;na, ABD Menkul
                                            K&#305;ymetler ve Borsa Komisyonu&rsquo;na (&ldquo;<B>SEC</B>&rdquo;) sunulmak &uuml;zere Form ID&rsquo;yi
                                            (bunlara ili&#351;kin de&#287;i&#351;iklikler d&acirc;hil) haz&#305;rlamak, imzalamak ve
                                            SEC&rsquo;e sunmak; ayr&#305;ca, g&uuml;ncellenmi&#351; haliyle 1934 tarihli Menkul K&#305;ymetler
                                            Borsas&#305; Kanunu&rsquo;nun (&ldquo;<B>Borsa Kanunu</B>&rdquo;) 16(a) maddesi veya SEC&rsquo;in herhangi
                                            bir kural veya d&uuml;zenlemesi uyar&#305;nca zorunlu tutulan raporlar&#305;n a&#351;a&#287;&#305;da
                                            imzas&#305; bulunan taraf&#305;ndan SEC nezdinde elektronik ortamda dosyalanmas&#305;na imk&acirc;n
                                            sa&#287;layacak kod ve &#351;ifrelerin temin edilmesi i&ccedil;in gerekli veya uygun olan
                                            di&#287;er belgeleri haz&#305;rlamak ve sunmak.</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 5pt 5pt 10pt; text-align: justify">(2)
    execute for and on behalf of the undersigned, in the undersigned&rsquo;s capacity as an officer and/or director of D-Market Elektronik
    Hizmetler ve Ticaret Anonim &#350;irketi (the &ldquo;<B>Company</B>&rdquo;), Forms 3, 4, and 5 in accordance with Section 16(a)
    of the Exchange Act and the rules thereunder and any other forms or reports the undersigned may be required to file in connection
    with the undersigned&rsquo;s ownership, acquisition, or disposition of securities of the Company;</TD>
    <TD STYLE="border-right: Black 1pt solid; text-align: justify; border-bottom: Black 1pt solid; padding: 5pt 5pt 10pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">(2)
                                            a&#351;a&#287;&#305;da imzas&#305; bulunan&#305;n, D-Market Elektronik Hizmetler ve Ticaret
                                            Anonim &#350;irketi (&ldquo;<B>&#350;irket</B>&rdquo;) nezdindeki y&ouml;netici ve/veya direkt&ouml;r
                                            s&#305;fat&#305;yla; Borsa Kanunu Madde 16(a) ve ilgili kurallar&#305; uyar&#305;nca Form
                                            3, 4 ve 5&lsquo;leri ve a&#351;a&#287;&#305;da imzas&#305; bulunan&#305;n &#350;irket menkul k&#305;ymetlerine
                                            sahip olmas&#305;, bunlar&#305; iktisap etmesi veya elden &ccedil;&#305;karmas&#305; ile
                                            ba&#287;lant&#305;l&#305; olarak dosyalamas&#305; gerekebilecek di&#287;er form veya raporlar&#305;
                                            a&#351;a&#287;&#305;da imzas&#305; bulunan ad&#305;na ve hesab&#305;na haz&#305;rlamak, usul&uuml;ne
                                            uygun olarak imzalamak ve y&uuml;r&uuml;rl&uuml;&#287;e koymak;&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; text-align: justify; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 5pt 5pt 10pt"><P STYLE="text-align: justify; margin-top: 0; margin-bottom: 0">(3) act as an account administrator for the undersigned&rsquo;s Electronic Data Gathering, Analysis, and Retrieval (&ldquo;<B>EDGAR</B>&rdquo;) account, including:</P>
                                                                                <P STYLE="text-align: justify; margin-top: 0; margin-bottom: 0">(a) appointing, removing and replacing account administrators, account users, technical administrators and delegated entities,</P>
                                                                                <P STYLE="text-align: justify; margin-top: 0; margin-bottom: 0">(b) maintaining the security of the undersigned&rsquo;s EDGAR
                                                                                account, including modification of access codes,</P>
                                                                                <P STYLE="text-align: justify; margin-top: 0; margin-bottom: 0">(c) maintaining, modifying and certifying the accuracy of information on the
                                                                                undersigned&rsquo;s EDGAR account dashboard,</P>
                                                                                <P STYLE="text-align: justify; margin-top: 0; margin-bottom: 0">(d) acting as the EDGAR point of contact with respect to the
                                                                                undersigned&rsquo;s EDGAR account, and</P>
                                                                                <P STYLE="text-align: justify; margin-top: 0; margin-bottom: 0">(e) taking any other actions contemplated by Rule 10 of Regulation
                                                                                S-T with respect to account administrators;</P></TD>
    <TD STYLE="border-right: Black 1pt solid; text-align: justify; border-bottom: Black 1pt solid; padding: 5pt 5pt 10pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">(3)
                                            a&#351;a&#287;&#305;da imzas&#305; bulunan&#305;n Elektronik Veri Toplama, Analiz ve Geri
                                            &Ccedil;a&#287;&#305;rma (&ldquo;<B>EDGAR</B>&rdquo;) hesab&#305; i&ccedil;in hesap y&ouml;neticisi
                                            olarak hareket etmek; buna &#351;unlar d&acirc;hildir:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">(a) hesap y&ouml;neticilerini, hesap kullan&#305;c&#305;lar&#305;n&#305;,
teknik y&ouml;neticileri ve yetkilendirilmi&#351; kurulu&#351;lar&#305; atamak, g&ouml;revden almak ve de&#287;i&#351;tirmek,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">(b) eri&#351;im kodlar&#305;n&#305;n de&#287;i&#351;tirilmesi
dahil olmak &uuml;zere a&#351;a&#287;&#305;da imzas&#305; bulunan&#305;n EDGAR hesab&#305;n&#305;n g&uuml;venli&#287;ini
sa&#287;lamak,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">(c) a&#351;a&#287;&#305;da imzas&#305; bulunan&#305;n
EDGAR hesap panelindeki bilgileri muhafaza etmek, de&#287;i&#351;tirmek ve do&#287;rulu&#287;unu onaylamak,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">(d) a&#351;a&#287;&#305;da imzas&#305; bulunan&#305;n
EDGAR hesab&#305; ile ilgili olarak EDGAR irtibat ki&#351;isi olarak hareket etmek ve</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">(e) hesap y&ouml;neticilerine ili&#351;kin S-T Y&ouml;netmeli&#287;i&rsquo;nin
10. Maddesi uyar&#305;nca &ouml;ng&ouml;r&uuml;len di&#287;er t&uuml;m eylemleri ger&ccedil;ekle&#351;tirmek;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; text-align: justify; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 5pt 5pt 10pt">(4)
    cause the Company to accept a delegation of authority from any of the undersigned&rsquo;s EDGAR account administrators and, pursuant
    to that delegation, to authorize the Company&rsquo;s EDGAR account administrators to appoint, remove or replace users for the
    undersigned&rsquo;s EDGAR account; </TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 5pt 5pt 10pt; text-align: justify">(4) &#350;irket&rsquo;in, a&#351;a&#287;&#305;da imzas&#305; bulunan&#305;n herhangi bir EDGAR hesap y&ouml;neticisinden bir yetki
devrini kabul etmesini sa&#287;lamak ve bu yetki devri uyar&#305;nca, &#350;irketin EDGAR hesap y&ouml;neticilerini a&#351;a&#287;&#305;da
imzas&#305; bulunan&#305;n EDGAR hesab&#305; i&ccedil;in kullan&#305;c&#305; atama, g&ouml;revden alma veya de&#287;i&#351;tirme konusunda yetkilendirmek;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: Black 1pt solid; text-align: justify; padding: 5pt 5pt 10pt; width: 50%">(5) seek or obtain, as the
    undersigned&rsquo;s representative and on the undersigned&rsquo;s behalf, information on transactions in the Company&rsquo;s
    securities from any third party, including brokers, employee benefit plan administrators and trustees, and the undersigned hereby
    authorizes any such person to release any such information to each of the undersigned&rsquo;s attorneys-in-fact appointed by this
    Power of Attorney and approves and ratifies any such release of information;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: justify; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 5pt 5pt 10pt; width: 50%">(5) a&#351;a&#287;&#305;da imzas&#305; bulunan&#305;n temsilcisi olarak ve onun ad&#305;na; arac&#305; kurumlar, &ccedil;al&#305;&#351;an
haklar&#305; plan y&ouml;neticileri ve yedieminler d&acirc;hil olmak &uuml;zere herhangi bir &uuml;&ccedil;&uuml;nc&uuml; taraftan &#350;irket
menkul k&#305;ymetlerindeki i&#351;lemlere ili&#351;kin bilgi talep etmek veya edinmek; a&#351;a&#287;&#305;da imzas&#305;
bulunan, i&#351;bu belge ile s&ouml;z konusu ki&#351;ileri bu t&uuml;r bilgileri i&#351;bu Vek&acirc;letname ile atanan vekillerin
her birine vermeye yetkili k&#305;lar ve bu t&uuml;r bilgi payla&#351;&#305;mlar&#305;n&#305; onaylar ve tasdik eder;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 5pt 5pt 10pt; text-align: justify">(6) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5 or any amendment or amendments thereto, and timely file such form with the SEC and any stock exchange or similar authority; and</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 5pt 5pt 10pt; text-align: justify">(6) s&ouml;z konusu Form 3, 4 veya 5&lsquo;i veya bunlara ili&#351;kin herhangi bir de&#287;i&#351;ikli&#287;i tamamlamak ve imzalamak
ve bu formlar&#305; SEC&rsquo;e ve herhangi bir borsa veya benzeri makama zaman&#305;nda dosyalamak i&ccedil;in gerekli veya arzu edilebilecek
her t&uuml;rl&uuml; eylemi a&#351;a&#287;&#305;da imzas&#305; bulunan ad&#305;na ve nam&#305;na yerine getirmek; ve</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 5pt 5pt 10pt; text-align: justify">(7) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact&rsquo;s discretion.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 5pt 5pt 10pt; text-align: justify">(7) yukar&#305;dakilerle ba&#287;lant&#305;l&#305; olarak, s&ouml;z konusu vekilin g&ouml;r&uuml;&#351;&uuml;ne g&ouml;re a&#351;a&#287;&#305;da
imzas&#305; bulunan&#305;n yarar&#305;na, en iyi &ccedil;&#305;kar&#305;na olan veya yasal olarak gerekli olan her t&uuml;rl&uuml;
di&#287;er eylemi ger&ccedil;ekle&#351;tirmek; &#351;u &#351;artla ki, s&ouml;z konusu vekil taraf&#305;ndan i&#351;bu Vek&acirc;letname
uyar&#305;nca a&#351;a&#287;&#305;da imzas&#305; bulunan ad&#305;na imzalanan belgeler, s&ouml;z konusu vekilin kendi takdirine
ba&#287;l&#305; olarak onaylayabilece&#287;i form, &#351;art ve ko&#351;ullarda olacakt&#305;r.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; text-align: justify; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 5pt 5pt 10pt">The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact&rsquo;s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned&rsquo;s responsibilities to comply with Section 16 of the Exchange Act and the rules thereunder.</TD>
    <TD STYLE="border-right: Black 1pt solid; text-align: justify; border-bottom: Black 1pt solid; padding: 5pt 5pt 10pt">A&#351;a&#287;&#305;da imzas&#305; bulunan; burada tan&#305;nan hak ve yetkilerin kullan&#305;lmas&#305;nda gerekli, uygun
veya yap&#305;lmas&#305; gereken her t&uuml;rl&uuml; i&#351; ve i&#351;lemi, bizzat haz&#305;r bulunsayd&#305; yapabilece&#287;i
 &ouml;l&ccedil;&uuml;de tam yetkiyle ger&ccedil;ekle&#351;tirmesi i&ccedil;in her bir vekile, tam ikame veya azil yetkisiyle birlikte
tam yetki verir; s&ouml;z konusu vekilin veya vekilin ikame etti&#287;i ki&#351;i veya ki&#351;ilerin i&#351;bu Vek&acirc;letname
ve burada tan&#305;nan hak ve yetkiler uyar&#305;nca yasal olarak yapaca&#287;&#305; veya yap&#305;lmas&#305;na sebebiyet
verece&#287;i her &#351;eyi i&#351;bu belge ile onaylar ve tasdik eder. A&#351;a&#287;&#305;da imzas&#305; bulunan, s&ouml;z
konusu vekillerin, a&#351;a&#287;&#305;da imzas&#305; bulunan&#305;n talebi &uuml;zerine bu s&#305;fatla g&ouml;rev yaparken,
Borsa Kanunu Madde 16 ve ilgili kurallara uyma sorumlulu&#287;unu &uuml;stlenmediklerini ve &#350;irket&rsquo;in de bu sorumlulu&#287;u
 &uuml;stlenmedi&#287;ini kabul eder.</TD></TR>
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    <TD STYLE="border: Black 1pt solid; text-align: justify; padding: 5pt 5pt 10pt; width: 50%">This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned&rsquo;s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: justify; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 5pt 5pt 10pt; width: 50%">&#304;&#351;bu Vek&acirc;letname, a&#351;a&#287;&#305;da imzas&#305; bulunan taraf&#305;ndan vekillere teslim edilen imzal&#305; bir yaz&#305;yla daha &ouml;nce azledilmedi&#287;i s&uuml;rece, a&#351;a&#287;&#305;da imzas&#305; bulunan&#305;n &#350;irket taraf&#305;ndan ihra&ccedil; edilen menkul k&#305;ymetlerdeki varl&#305;klar&#305; ve i&#351;lemlerine ili&#351;kin Form 3, 4 ve 5 dosyalamas&#305; gerekmedi&#287;i s&uuml;rece tam olarak y&uuml;r&uuml;rl&uuml;kte kalacakt&#305;r. </TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; text-align: justify; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 5pt 5pt 10pt">In the event of any inconsistency, discrepancy, or conflict between the Turkish and English versions of this Power of Attorney, the English version shall prevail and be controlling.</TD>
    <TD STYLE="border-right: Black 1pt solid; text-align: justify; border-bottom: Black 1pt solid; padding: 5pt 5pt 10pt">&#304;&#351;bu Vek&acirc;letname&rsquo;nin T&uuml;rk&ccedil;e ve &#304;ngilizce metinleri aras&#305;nda herhangi bir &ccedil;eli&#351;ki, tutars&#305;zl&#305;k veya yorum farkl&#305;l&#305;&#287;&#305; bulunmas&#305; h&acirc;linde, &#304;ngilizce metin esas al&#305;nacak ve &#304;ngilizce metne &uuml;st&uuml;nl&uuml;k tan&#305;nacakt&#305;r. &nbsp;</TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; text-align: justify; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 5pt 5pt 10pt">IN
    WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 4th day of March, 2026.</TD>
    <TD STYLE="border-right: Black 1pt solid; text-align: justify; border-bottom: Black 1pt solid; padding: 5pt 5pt 10pt">BU HUSUSLARI
    TASD&#304;KEN, a&#351;a&#287;&#305;da imzas&#305; bulunan i&#351;bu Vek&acirc;letname&rsquo;yi 2026 y&#305;l&#305;, mart ay&#305;n&#305;n
    4. g&uuml;n&uuml;nde imzalam&#305;&#351;t&#305;r. &nbsp;</TD></TR>
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  <TD STYLE="width: 50%">[***]</TD></TR>
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  <TD STYLE="border-bottom: Black 1pt solid; width: 50%">Hakan Karado&#287;an</TD></TR>
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  <TD>&nbsp;</TD>
  <TD>Name, Surname and Turkish ID Number/</TD></TR>

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  <TD>&nbsp;</TD>
  <TD>Ad&#305;, Soyad&#305; ve TC Kimlik Numaras&#305;</TD></TR>
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  <TD STYLE="border-bottom: Black 1pt solid; width: 50%">/s/ Hakan Karado&#287;an</TD>
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    <TD>&nbsp;</TD>
  <TD>Signature/<FONT STYLE="font-family: Times New Roman, Times, Serif">&#304;</FONT>mza</TD>
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