Our company's registered capital ceiling, which is TL 500,000,000 and valid for 5 years between 2018-2022, will be expired at the end of 2022. Thus, Migros Board of Directors resolved;
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to determine the registered capital ceiling TL 500,000,000 and to extend the validity period of the registered capital ceiling for 5 years (between 2022-2026),
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to approve the attached amendment text regarding the Article 7 titled "Share Capital" of our Article of Association in line with the relevant legislation,
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to apply Capital Markets Board ("CMB") and Ministry of Commerce ("Ministry") for obtaining permissions related to the amendment text,
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to submit the amendment text to the approval of our shareholders at the first General Assembly meeting of our Company, following the required permissions to be obtained from CMB and Ministry.
(In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.)