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General Assembly Invitation
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Agenda Items
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1 - Opening, the election of the Presidential Board
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2 - In connection with the spin-off transaction to be discussed under agenda item 4, shareholders will be informed—within the scope of the Turkish Commercial Code No. 6102—about the Notice of the Right to Review, the Announcement Text approved by the Capital Markets Board, the Spin-Off Report, the Spin-Off Plan, the Expert Institution Report, and the financial statements.
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3 - Within the scope of the spin-off to be discussed under agenda item 4, shareholders will be informed that no right of exit has arisen pursuant to the Capital Markets Board's Communiqué No. II-23.3 on "Common Principles Regarding Significant Transactions and the Right of Exit."
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4 - Reading, discussion, and resolution of the Board of Directors' proposal regarding the spin-off transaction to be carried out in accordance with the provisions of the Turkish Commercial Code, the Corporate Tax Law, the Capital Markets Law, and other applicable legislation, whereby Polisan Holding A.Ş.'s shares in Rohm and Haas Kimyasal Ürünler Üretim Dağıtım ve Ticaret A.Ş. and Polisan Kansai Boya Sanayi ve Ticaret A.Ş. shall be transferred to a newly established company, Marmara Holding A.Ş., under a share transfer model to the shareholders; together with the Spin-Off Plan and Spin-Off Report dated July 18, 2025.
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5 - Provided that the necessary legal approvals have been obtained, discussion and resolution of the Board of Directors' resolution dated July 16, 2025, regarding the reduction of the Company's issued capital from TRY 3,774,776,170 to TRY 758,500,000 due to the spin-off, and the amendment of Article 7 of the Company's Articles of Association titled "Capital" in accordance with the provisions of the Turkish Commercial Code and capital markets legislation, as set forth in the annex.
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6 - Closing
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Corporate Actions Involved In Agenda
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General Assembly Results
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Decisions Regarding Corporate Actions
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General Assembly Registry
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Additional Explanations
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In line with the resolutions adopted at the Extraordinary General Assembly meeting of Polisan Holding A.Ş. held on 29.08.2025 regarding the partial spin-off transaction whereby the shareholdings of Polisan Holding A.Ş. in Rohm and Haas Kimyasal Ürünler Üretim Dağıtım ve Ticaret A.Ş. and Polisan Kansai Boya Sanayi ve Ticaret A.Ş. will be transferred to Marmara Holding A.Ş., to be newly established under the shareholder share transfer model, the incorporation of Marmara Holding A.Ş. and the amendment to the Articles of Association of Polisan Holding A.Ş. due to capital decrease resulting from the partial spin-off were registered on 10.09.2025 and announced in the Turkish Trade Registry Gazette dated 10.09.2025 and numbered 11412.
Pursuant to Article 20 of the Capital Markets Board Communiqué II-23.2 on Mergers and Demergers, on 10.09.2025 (today), an application has been submitted to the Capital Markets Board by Marmara Holding A.Ş., which has been newly incorporated through the acquisition of assets in the shareholder share transfer model partial spin-off in which Polisan Holding A.Ş. is a party, for the issuance of an "Issuance Certificate."
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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