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Additional Explanations
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Our Board of Directors has resolved that as of 21.03.2025; 1. Due to the fact that the trading price of our company's shares listed on Borsa Istanbul does not reflect the true performance of our operations, and in order to protect shareholders, ensure a stable share price formation in line with its intrinsic value, and maintain investor confidence in our company, share buybacks may be carried out within the framework of the Capital Markets Board's Communiqué II-22.1 on Repurchased Shares and the announcements made under the principle decision No. 16/531 dated 19.03.2025. 2. The maximum number of shares to be repurchased shall be 6,000,000 (with a nominal value of TRY 6,000,000.00 ). 3. The maximum fund allocated for the share buyback shall be TRY 240,000,000.00 , to be covered from the company's equity. 4. The share buyback program shall remain valid for a maximum period of three years. 5. Necessary material disclosures regarding the share buyback transactions to be conducted in the Borsa Istanbul Stars Market, where our company's shares are traded, shall be made on the Public Disclosure Platform (KAP), and the matter shall be included in the agenda of the next General Assembly meeting to inform shareholders. This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail. |
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