General Assembly Information

The General Assembly convenes as both ordinary and extraordinary meetings. The Ordinary General Assembly meets at least once a year and resolves on the agenda items prepared by the Board of Directors in accordance with the provisions of Article 369 of the Turkish Commercial Code. At General Assembly meetings, each shareholder has one voting right.

At General Assembly meetings, shareholders may be represented by a proxy appointed from among themselves or from outside. Proxy representatives who are also shareholders of the Company are authorized to use their own votes as well as the votes of the shareholders they represent. The form of the proxy document shall be determined by the Board of Directors within the framework of Capital Markets Board regulations. The proxy document must be in writing. The proxy is obliged to cast the vote in the manner specified in the power of attorney given by the authorizing shareholder. The relevant regulations of the Capital Markets Board shall be followed with respect to voting by proxy.

At General Assembly meetings, votes are cast by a show of hands, with documents indicating those cast by proxy also being presented, within the framework of Capital Markets Board regulations. However, a secret ballot may be requested by shareholders representing one-tenth of the capital present at the meeting.

Those holding at least one share registered in their own name may attend in person or by proxy.

Pursuant to Article 415(4) of the New Turkish Commercial Code No. 6102 and Article 30(1) of the Capital Markets Law, the right to attend the General Assembly and vote shall not be made contingent upon the deposit of share certificates. Accordingly, our shareholders wishing to attend the General Assembly Meeting are not required to have their shares blocked. However, shareholders who do not wish their identity and information relating to their shares to be communicated to the Company, and who therefore have such information blocked, must apply to the intermediary institution where their account is held no later than 16:00 on the day before the General Assembly meeting to have the 'restriction' preventing the communication of such information to the Company lifted.

The Board of Directors' and Auditor's Reports for the relevant year, the Independent External Auditor's Report, the Balance Sheet, the Income Statement, the Board of Directors' proposal regarding profit distribution, and agenda items will be made available for shareholders' review at our Company headquarters and on our corporate website 21 days prior to the date of the Ordinary General Assembly meeting.