Summary Info	Completion of Capital Increase Through Private Placement
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	21.03.2023
Authorized Capital (TL)	10.000.000.000
Paid-in Capital (TL)	7.111.364.116,754
Target Capital (TL)	9.915.921.522,538

Rights Issue (Allocated)

Share Group Info	Paid-in Capital (TL)	Amount of Private Placement Through Capital Increase By Restraining Preemptive Rights (TL)	Proportion of Private Placement Through Capital Increase By Restraining Preemptive Rights To The Capital (%)	New Shares'' ISIN	Form	Amount of Shares Cancelled (TL)
A Grubu, İşlem Görmüyor, TREVKFB00027	1.075.058.639,562
B Grubu, İşlem Görmüyor, TREVKFB00035	390.264.578,716
C Grubu, İşlem Görmüyor, TREVKFB00043	404.080.059,095
D Grubu, VAKBN, TREVKFB00019	5.241.960.839,381	2.804.557.405,784	53,50206	D Grubu, VAKBN, TREVKFB00019	Registered

	Paid-in Capital (TL)	Amount of Private Placement Through Capital Increase By Restraining Preemptive Rights (TL)	Proportion of Private Placement Through Capital Increase By Restraining Preemptive Rights To The Capital (%)	Amount of Shares Cancelled (TL)
TOTAL	7.111.364.116,754	2.804.557.405,784	39,43768

The Person Increased Capital Devoted TÜRKİYE VARLIK FONU

Additional Explanations

Reference: VakıfBank Public Disclosure Dated on March 28th, 2023

It was announced with the referred disclosure that the application has been filed with the BIST A.S. to conduct capital increase through private placement.

Shares issued by VakıfBank with a nominal value TL 2.804.557.405,78 were sold through private placement to Türkiye Wealth Fund at a share sale price of TL 11.41 per TL 1.00 nominal valued share through a wholesale transaction on BIST A.S. share market with total sales proceeds amounting TL 32,000,000,000 on March 29th, 2023.

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