In line with the simplified merger of Migros Ticaret A.Ş. ("Migros") and Kipa Ticaret A.Ş. ("Kipa") under Migros by way of "simplified merger process",
It has been resolved that the amount of share capital to be increased at Migros as a result of the merger process will be TL 3,024,233, therefore the share capital of Migros will be increased from TL 178,030,000 to TL 181,054,233 within the current registered capital ceiling of TL 500,000,000 granted by the CMB for 2018-2022 (5 years); and Article 7 ("Capital") of Articles of Association of the Company will be amended.
Within this context, it was submitted to the CMB on 26 July 2018 for the approval of Issuance Certificate regarding the capital increase.
(In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.)