Summary Info
Regarding 2022 Ordinary General Assembly Meeting
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
General Assembly Invitation
General Assembly Type
Annual
Begining of The Fiscal Period
01.01.2022
Ending Date Of The Fiscal Period
31.12.2022
Decision Date
14.04.2023
General Assembly Date
11.05.2023
General Assembly Time
14:00
Record Date (Deadline For Participation In The General Assembly)
10.05.2023
Country
Turkey
City
İSTANBUL
District
ŞİŞLİ
Address
Levent Loft Binası, Büyükdere Caddesi, No: 201 C Blok Kat: 8 Levent İstanbul
Agenda Items
1 - Opening, the election of the Presidential Board
2 - Authorization of the Chair of the Meeting for signing of the Minutes of the General Assembly Meeting
3 - Reviewing the annual report for 2022 that the board of directors of the company has written as well as reading the conclusion
4 - Discussion and approval of the company's board of directors' annual report for 2022
5 - Discussion andApproval of 2022 Financial Statements
6 - Considering the 2022 accounting period's Financial Statements as read and reading the conclusion
7 - Negotiation and presentation of the 2022 accounting period's financial statements for approval
8 - Discharge each member of the Board of Directors form liability individually due to 2022 activities of the Company
9 - In accordance with the Board of Directors' resolution 2023/10, even though 2022 had a net profit of 3,082,287,680 TL (consolidated) according to IFRS, there was no distributable profit under the Tax Procedure Law. The suggestion is being submitted to the General Assembly for approval
10 - On the basis of permission from the CMB and the Ministry of Commerce, the General Assembly will be asked to approve the attached amendment to Article 8 of the Company's Articles of Association, which is captioned "Capital and Shares."
11 - Regarding candidates of the Board Members including the independent members, to present information to the shareholders in the general assembly about their duties within and out of the group
12 - Determining the duration of the Board of Directors members' terms of appointment
13 - Election of the Board of Directors
14 - Determination of gross monthly wage of the members of the Board of Directors
15 - For the hotels in the company's portfolio, the Net Kurumsal Gayrimenkul Yönetim A.. appraisal service will be provided in accordance with the Turkish Commercial Code ("TTK") and Capital Markets Board ("CMB") regulations, according to the Board of Directors' resolution dated January 20, 2023, and numbered 2023/4
16 - With respect to CMB and TTK regulations, Net Kurumsal Gayrimenkul Değerleme ve Danışmanlık A.Ş., for appraisal of existing real estate portfolio, both Net Kurumsal Gayrimenkul Değerleme ve Danışmanlık A.Ş. and Epos Gayrimenkul Danışmanlık ve Değerleme A.Ş.for appraisal of real estate going to be purchased and require appraisal suggestion is being submitted to the General Assembly for approval according to the Board of Directors' resolution dated January 20, 2023, and numbered 2023/4
17 - Submitting the issue on the determination of the independent audit institution as KPMG Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. (KPMG) which shall serve for the year 2023 to the approval of our General Assembly
18 - Notifying the shareholders of the transfer of the hotel, which is managed by our 100%-owned subsidiary Akfen Gayrimenkul Ticareti ve İnşaat A.Ş. and operated under the name Merit Park Hotel & Casino.
19 - Giving information to shareholders on donations made by the Company in 2022 and determining the upper limit for donations to be made in 2023
20 - Giving information to shareholders on guarantees, pledges, mortgages and the income or benefits obtained by bill of guarantees in favor of third parties in 2022 in accordance with regulations of the Capital Markets Board
21 - Giving information to shareholders on processes performed with related parties in 2022 within the framework of Corporate Management Communique in accordance with regulations of the Capital Markets Board
22 - Authorizing shareholders who control management, Board members, senior executives and their spouses and their relatives up to second degree blood or affinity; within the framework of Article 395 and 396 of Turkish Commercial Code and giving information to shareholders about transactions carried out within this framework in 2022 in accordance with Corporate Management Communique of the Capital Markets Board
23 - Wishes and Comments,Closing
Corporate Actions Involved In Agenda
Dividend Payment
General Assembly Invitation Documents
Appendix: 1
2022OGK_Esas Sozlesme Tadil Metni.pdf - Article of Association Amendment Text
Appendix: 2
2022OGK_Bilgilendirme_Dokumani.pdf - General Assembly Informing Document
Appendix: 3
2022OGK_GK Duyurusu.pdf - Announcement Document
Appendix: 4
2022OGK_Kar Dagitimi Yapilmamasi Onerisi.pdf - Other Invitation Document
Appendix: 5
2022OGK_Vekaletname Ornegi.pdf - Other Invitation Document
General Assembly Results
Was The General Assembly Meeting Executed?
Yes
General Assembly Results

The Ordinary General Assembly Meeting of AKFEN GAYRENKUL YATIRIM ORTAKLIĞI ANONİM ŞİRKETİ for the year 2022 will be held on 11.05.2023 at 14:00 at the company headquarters, Levent Loft Binası, Büyükdere Caddesi, No:201 C Blok Kat: 8 Levent Istanbul, the headquarters of the company, on 11.05.2023 at 14:00, in the presence of the Ministry Representative Mr. T.C. Istanbul Governorship Provincial Directorate of Commerce, assigned by the letter dated 18.04.2023 and numbered 85250892 under the supervision of Mr. T... K.... .

It was seen that the invitation to the meeting, which was requested to be held pursuant to Article 414 of the Turkish Commercial Code, was made within the time limit as stipulated in the Turkish Commercial Code and the Company's Articles of Association, including the agenda, by being published in the Turkish Trade Registry Gazette dated 18.04.2023 and numbered 10814, on the Company's website, on the Public Disclosure Platform and on the Electronic General Assembly System of the Central Registry Agency.

From the examination of the List of Attendants, it has been observed that out of the total capital of the company amounting to TL 1,300,000,000,000, 3,771,983 Group A shares corresponding to TL 3,771,983 shares have been registered by proxy, 721. 163,854.21 of the 721,969,313.9 Group B shares corresponding to TL 721,969,313.9, 163,854.21 in person and 721,805,459.69 by proxy, and 3,768,212 Group C shares corresponding to TL 3,768,212. 768,212 Group C shares corresponding to TL 3,768,212 worth of shares were represented by proxy, 3,771,983 Group D shares corresponding to TL 3,771,983 worth of shares were represented by proxy, and a total of 721,980,626,078 shares were represented at the meeting, thus the minimum meeting quorum stipulated in both the legislation and the Articles of Association was present.

Sıla Cılız İnanç, Member of the Board of Directors of the Company, and on behalf of KPMG Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. (KPMG) R..... Y....... were present at the meeting. The Ordinary General Assembly Meeting was opened physically and electronically at the same time by Sıla Cılız İnanç, Board Member authorized by the Chairman of the Board of Directors, and the agenda items were discussed.

The agenda items were read out by Board Member Sıla Cılız İnanç and since there was no suggestion to change the order of the agenda items, the discussion of the agenda items continued in the order in which they were announced.

The resolutions on the Ordinary General Assembly Agenda were adopted as stated in the attached meeting minutes.


Decisions Regarding Corporate Actions
Dividend Payment
Discussed
General Assembly Result Documents
Appendix: 1
11.05.2023 OGK_Hazır Bulunanlar Listesi.pdf - List of Attendants
Appendix: 2
11.05.2023 Olagan GK_Toplantı Tutanagi.pdf - Minute
Additional Explanations

The 2022 Shareholders Ordinary General Assembly Meeting of our Company was held place on May 11, 2023, at 14:00, at the company's headquarters, Levent Loft Building, Büyükdere Caddesi, No: 201 C Blok, Floor: 8 Levent Istanbul.