Summary Info	Amendment to the Articles of Association
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	12.03.2020
Related Authorized Capital Process	Update Of Authorized Capital Validity Period
Current Authorized Capital (TL)	1.000.000.000
New Authorized Capital (TL)	1.000.000.000
Due Date For The Authorized Capital (New)	31.12.2024
Number Of Articles Of Association Item To Be Amended	6
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	16.03.2020

Additional Explanations

Pursuant to our material event disclosure dated 12.03.2020, Capital Markets Board has approved Vestel Elektronik's application to obtain the required permission to amend the sixth article of its Articles of Association titled "Company's Share Capital and Kind of Share Certificates" for extending the validity period of its registered capital ceiling for 5 years, involving the 2020-2024 period.