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Additional Explanations
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Reference: Public disclosures on 12/18/2018 and 12/21/2018. According to our Board of Director's authorization on 12/18/2018, the application which was made to the Capital Markets Board to receive an issuance ceiling approval in regards to the subordinated debt instrument issuance abroad with an upper limit of $2 billion or equivalent amount in other currencies, has been approved by Capital Market Board and it has been published at the bulletin dated 01/17/2019 and numbered 2019/4. In case of any contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.