[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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At the meeting of our Board of Directors held on July 31, 2019;

It was resolved to accept the resignation request of Mehmet GÖÇMEN from his duties as H.Ö. Sabancı Holding A.Ş. Chief Executive Officer and Board Member position as of July 31, 2019 and appoint Cenk ALPER as H.Ö. Sabancı Holding A.Ş. Chief Executive Officer and Board Member effective as of August 01, 2019.

Cenk Alper, who was appointed Sabancı Holding Chief Executive Officer, graduated from Middle East Technical University Mechanical Engineering in 1991. He holds a Master's Degree in Mechanical Engineering from the same university and an MBA from Sabancı University. He joined our Group in 1996 as Process Engineer at Beksa, after serving in various positions at Beksa in Turkey and abroad, he was appointed as Kordsa Global Technology Director in 2007. He held various senior positions at Kordsa and served as the CEO of Kordsa between 2013-2017. Subsequently, Mr. Alper was appointed as Sabancı Holding Industry Group President in 2017 and will continue with this new position.

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