Increase in the Share Capital

None.

Annual General Assembly Held within the Period

The Company’s 2020 Annual General Assembly has been held at the address of İş Kuleleri, 34330, İş Bankası Oditoryum Binası, 4. Levent - İstanbul on 26 March 2021. Ordinary General Assembly Meeting of 2020 was held with the presence of the shareholders representing 600,000,000 Group A and 42,174,036,954 Group B shares from 69,530,264,500 shares corresponding to the Company’s total equity of TL 695,302,645. In the meeting, the motions filed by the shareholders with respect to the agenda topics have been approved in unanimity.

Profit Distribution

 Based on the Board of Directors decision no. 2833 dated 15 February 2021, it has been decided that, according to the Profit Distribution Table submitted to, and approved by, the General Assembly of Shareholders, that TL 171,605 thousand, which is the net distributable profit for the period which is calculated as TL 197,586 thousand that is the net profit for the period arising according to the CMB legislation and forming the basis of profit distribution less prior year losses in the amount of TL 18,264 thousand less TL 7,717 thousand first legal reserves set aside as first legal reserves and calculated according to the TL 154,330 thousand profit that descends in the Company’s legal records, be retained and set aside as extraordinary reserves. It has also been decided that deferred tax expenses in the amount of TL 15,683 thousand included in the net profit for the period according to the Company’s legal records be set off from the deferred tax provisions, which consists of the Company’s deferred tax income from prior years and which were retained, and be transferred to extraordinary reserves.

Changes in Articles of Association

None.