Summary Info	Initiation of share buy-back program
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Company Performs the Buy-Back	BİM BİRLEŞİK MAĞAZALAR A.Ş.
Company Subject to Buy-Back	BİM BİRLEŞİK MAĞAZALAR A.Ş.

Type Of Buy-Back	Other
The Purpose of Buy-Back	The share price does not reflect the real performance of the Company's activities
Board Decision Date	02.02.2023
Number Of Shares To Be Acquired	5.000.000
Maximum Amount To Be Paid (TL)	750.000.000

Additional Explanations

The Board of Directors has decided on 02 February 2023;

1) to purchase the Company's shares back in the Stock Exchange in regard to announcements dated 21.07.2016 and 25.07.2016 of the Capital Markets Board of Turkey,

2) to determine the maximum number of shares that may be subject to buy-back will be in number of shares 5,000,000 (nominal TRY 5,000,000),

3) to determine share buy back fund amount as TRY 750,000,000 maximum, subject to cover it from Company internal sources,

4) to present the share buyback program and the buyback to be made within the scope of the program to the information of the shareholders at the first General Assembly Meeting,

5) to authorize Haluk Dortluoglu, Executive Committee Member and CFO, for the transactions.

In the event of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.