Summary Info
Extension of the Period of Validity of the Registered Capital Ceiling
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
08.12.2016
Related Authorized Capital Process
Update Of Authorized Capital Validity Period
Current Authorized Capital (TL)
7.000.000.000
New Authorized Capital (TL)
7.000.000.000
Due Date For The Authorized Capital (New)
31.12.2021
Number Of Articles Of Association Item To Be Amended
7
Capital Market Board Application Date
19.12.2016
Additional Explanations
According to the decision of our Company's Board of Directors, dated December 8th, 2016 and numbered 9441, it is decided;

- to amend the article 7 in the Articles of Association as per attached for the extension of the period of validity of the registered capital ceiling of TRY 7,000,000,000 so as to cover the period of 2017-2021 (5 years) which was deemed appropriate by the Directorate of Privatization Administration, that has the right of usufruct in representation of Group A shares with the letter dated December 2nd, 2016 and numbered 31388994-102 [İ025]/7918.
- to obtain the required permissions from the Capital Markets Board and Ministry of Customs and Trade,
- to submitted the mentioned amendments of Articles of Association to the approval of the General Assembly in the first General Assembly Meeting that will be held, following the approval of the Capital Markets Board and Ministry of Customs and Trade.

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

Supplementary Documents
Appendix: 1
Esas Sözleşme Tadil Metni.pdf