Summary Info
General Assembly approval of the spin-off process
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
13.01.2025
Demerger Model
Partial demerger by way of share transfer to the shareholders
Company/Companies That Assets be Transferred Due to Demerger
Enpara Bank A.Ş.
Scope of Activities of Company/Companies That Assets be Transferred Due to Demerger
Deposit bank
Will Be Applied to Stock Exchange For Listing of Company That Assets be Transferred Due to Demerger?
Yes
Currency Unit
TRY
Date Of Financial Statements Base To Demerger
31.12.2024
Paid-in Capital (TL)
3.350.000.000
Target Capital (TL)
3.350.000.000
Share Group Info
Paid-in Capital (TL)
Share Exchange Rate
Capital To Be Decreased Due To Demerger (TL)
Capital To Be Decreased Due To Demerger (%)
Amount Of Bonus Issue From Internal Resources Due to Demerger (TL)
Rate Of Bonus Issue From Internal Resources Due to Demerger(%)
New Shares'' ISIN
Amount of Shares Issued Due To Demerger
QNBTR, TRAFINBN91N3
3.350.000.000
Capital Market Board Application Date Regarding Demerger
06.05.2025
Capital Market Board Application Result Regarding Demerger
APPROVAL
Capital Market Board Approval Date Regarding Demerger
17.07.2025
Date of Related General Assembly
19.08.2025
Was The Issue Of Demerger Negotiated? Was It Accepted?
Accepted
Additional Explanations

The Extraordinary General Assembly Meeting of the Bank was held on August 19th, 2025 and it is resolved that;

Within the scope of the Banking Regulation and Supervision Agency approval dated June 20, 2025 and numbered 157914 and the Capital Markets Board's approval dated July 17,2025 and numbered 40/1243; in accordance with the provisions of the Banking Law numbered 5411 and "the Regulation on Merger, Transfer, Spin-off and Share Exchange of Banks, and the Communiqué on Merger" published in the Official Gazette dated 01.11.2006 and Demerger numbered II-23.2, to approve transfer "enpara.com" banking services of QNB Bank A.Ş. to Enpara Bank A.Ş. through partial spin-off, the signed partial Spin-off agreement dated April 24, 2025 and its annexes, along with the balance sheet and profit and loss statement and to authorize the General Management to execute necessary transactions related to partial division.

*In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.