With the Bank's Board of Directors' decision dated January 24th, 2019; being presented to the approval of shareholders in the first upcoming ordinary general assembly meeting, it has been decided that validation period of registered capital which was approved by CMB will be extended to 2013-2027, registered capital ceiling shall increase to TL 25.000.000.000 from TL 10.000.000.000 and the article 6 of "VakifBank Articles of Incorporation", which is related to capital, shall be amended accordingly. Within this context, Head Office has been authorized to carry out all necessary applications to Capital Markets Board (CMB) and other relevant authorities.
According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.