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Details About Conversion Among Stock Groups
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Additional Explanations
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*As our previous disclosure may have been misunderstood to imply that the shares converted into Group B have become tradable on the stock exchange, we find it necessary to provide this correction. At this stage, the transaction solely consists of the share group change at the Central Registry Agency (CRA) for the shares converted from privileged Group A to non-privileged Group B, pursuant to the amendment to the Articles of Association approved at our Company's General Assembly meeting held on May 30, 2025. Even though these shares have been converted into Group B, they are not tradable on the stock exchange.
With the resolution of our Company's Board of Directors dated 11.02.2025, it has been decided to amend Article 7 titled "Capital" of the Company's Articles of Association. The amendment was approved by the Capital Markets Board with its letter dated 21.04.2025 and numbered E-29833736-110.03.03-71055. In accordance with Article 333 of the Turkish Commercial Code No. 6102, an application was made to the Ministry of Trade, Directorate General of Domestic Trade, which granted its approval with the letter dated 13.05.2025 and numbered E-50035491-431.99-00109196302. The amendment to the Articles of Association was approved by our shareholders at the Ordinary General Assembly Meeting for the year 2024 held on 30.05.2025, registered on 03.06.2025, and announced in the Turkish Trade Registry Gazette dated 03.06.2025, issue no. 11344, page 906. Pursuant to the said amendment to the Articles of Association, an application was submitted to the Central Securities Depository & Trade Repository of Türkiye on 22/07/2025 for the necessary update. 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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