[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Evet (Yes)
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Hayır (No)
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Date Of The Previous Notification About The Same Subject
22.03.2023
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Hayır (No)
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Announcement Content
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Explanations
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Reference: VakıfBank Public Disclosure dated March 22nd, 2023
It was previously announced with the referred disclosure mentioned above that VakıfBank filed an application with the Capital Markets Board within the scope of its decision to make a capital increase through private placement under its registered capital ceiling and to sell the shares arising from the capital increase to Turkey Wealth Fund.

The CMB announced in its Bulletin dated March 23rd, 2023 and numbered 2023/19 that the Bank's application has been approved. Accordingly, the final share price will be determined in accordance with the Wholesale Transactions Procedure of Borsa Istanbul A.S. in no event to be lower than its nominal value, as stipulated by the CMB in its decision.

According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.