Summary Info	Board Resolution Regarding Share Buyback
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Company Performs the Buy-Back	TÜRKİYE SİGORTA A.Ş.
Company Subject to Buy-Back	TÜRKİYE SİGORTA A.Ş.

Type Of Buy-Back	Other
The Purpose of Buy-Back	Having been evaluated that the share price does not reflect the financial performance of the Company therefore share buy-back is planned to contribute to healthy price formation.
Board Decision Date	28.06.2022
Number Of Shares To Be Acquired	35.000.000
Maximum Amount To Be Paid (TL)	300.000.000

Additional Explanations

At the meeting of our Board of Directors dated June 28, 2022:

Türkiye Sigorta's market capitalization in Borsa İstanbul has been evaluated as not reflecting the financial performance of the Company, therefore in order to contribute to the formation of healthy prices;

Within the framework of Capital Markets Board's Communiqué on Share Buy-Back No. II-22.1 and the related announcements dated July 21, 2016, July 25, 2016 and March 23, 2020;

a) Initiation of buy-back operations of Company shares on the Stock Exchange,

b) Realising buyback of up to 35,000,000 shares with a nominal value of ₺ 35,000,000 representing approximately 3% of Türkiye Sigorta's issued share capital,

c) Determining of maximum funds to allocated for share buy-back transactions, to be provided from Company's current resources as ₺ 300,000,000,

d) Taking buyback transaction to be carried out with the decision of the Board of Directors on the agenda of the first general assembly meeting to be held and submitting to the general assembly for information,

were decided.