[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Material Event Disclosure General
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It has been announced that Competition Authority has launched an investigation on various fuel distribution companies, including our subsidiary Shell &  Turcas Petrol A.Ş (STAŞ) on 26 September 2018 following preliminary enquiries. STAŞ always prioritizes compliance with related legislation while running its operations and will be in close cooperation with relevant institutions during the investigation process. Competition Authority's above mentioned announcement does not necessarily indicate violation of Law Numbered 4054 and does not contain any certainty on a current or future penalty, as also stated in Competition Authority's web site. Further information regarding the process will be shared with the public in a timely manner.


Kind regards,