[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Hayır (No)
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Hayır (No)
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Date Of The Previous Notification About The Same Subject
-
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Hayır (No)
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Announcement Content
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Explanations
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At the meeting of our Bank's Board of Directors on 23 May 2023, the following decisions were taken:

• Within the framework of the capital increase from TL 137,600,000 to TL 2,490,000,000 of our subsidiary Deniz Faktoring A.Ş., to be covered TL 230,402.51 from the Real Estate Sales Earning Fund, to be covered TL 352,169,597.49 from the Extraordinary Reserves Account and to fully participate in the TL 2,000,000,000 of the capital which will be increased in cash, and to be paid our capital commitment payable to the company by 31 May 2023 as capital advance to be monitored in Deniz Faktoring A.Ş.'s other temporary accounts receivable until the capital increase process is completed (including permissions to be received from the BRSA and other official institutions),

Within the framework of the capital increase from TL 317,000,000 to TL 3,450,000,000 of our subsidiary Deniz Finansal Kiralama A.Ş. to be covered TL 1,133,000,000 from the Extraordinary Reserves Account and to fully participate in the TL 2,000,000,000 of the capital which will be increased in cash and to be paid our capital commitment payable to the company by 31 May 2023 as capital advance to be monitored in Deniz Leasing A.Ş.'s other temporary accounts receivable until capital increase process is completed (including permissions to be received from the BRSA and other official institutions),

to be deducted the amounts paid as capital advance from our capital commitment debt when the processes are completed.