Summary Info
Capital Markets Board Approval Regarding the Increase of the Authorized Capital
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
14.01.2022
Related Authorized Capital Process
Increase Of Authorized Capital
Current Authorized Capital (TL)
150.000.000
New Authorized Capital (TL)
750.000.000
Due Date For The Authorized Capital (New)
31.12.2026
Number Of Articles Of Association Item To Be Amended
6
Capital Market Board Application Date
18.01.2022
Capital Market Board Application Result
APPROVAL
Capital Market Board Approval Date
24.01.2022
Additional Explanations

Resolution of Board of Directors Meeting:

1. As a result of the evaluation made within the framework of the provision of Article 18 of the Capital Markets Law and the Authorized Capital System Communiqué of the Capital Markets Board numbered II.18-1; even though our current authorized capital has not been reached, our Company has decided that it is not sufficient to reach its goals, and for the years 2022-2026, our Company has decided to increase the current authorized capital of 150,000,000.- TL (One Hundred and Fifty Million Turkish Liras) to 750.000.000.- TL (Seven Hundred and Fifty Million Turkish Liras).

2. In this context, it has been decided to amend the 6th article of our Company's articles of association as attached, and to authorize the Management to perform all kinds of works and transactions necessary for the implementation of this decision.

The application to the Capital Markets Board regarding this resolution was carried out on January 18, 2022.

The Capital Markets Board approved our application on January 24, 2022.

After obtaining the necessary permissions from the Ministry of Commerce, increase of the Authorized Capital and amendment in the Articles of Association - with the attached version approved by the Capital Markets Board of Turkey - will be submitted to the approval of the shareholders at the first General Assembly meeting to be held.

Best regards

Supplementary Documents
Appendix: 1
SPK Onay Yazısı.pdf
Appendix: 2
SPK Onaylı Tadil Metni.pdf