|
||||||||||||
|
||||||||||||
Additional Explanations
|
||||||||||||
With its decision date February 18, 2019 and numbered 2019/4, our Company's Board of Directors resolved on the adoption of registered share capital system and the amendment to Article 6 titled "Capital", Article 8 titled "Board of Directors and Its Duration", Article 9 titled "Representation and Binding of The Company and Meetings of the Board of Directors" and Article 13 titled "General Assembly" of the Company's Articles of Association in accordance with Capital Markets Board's regulations.
Upon Capital Markets Board's approval, necessary application will be made to the Republic of Turkey Ministry of Trade for the adoption of the registered share capital system and the amendments of the Articles of Association. Subject to the completion of necessary approval process, the amendments to the Articles of Association will be submitted to shareholders' approval at the 2018 Ordinary General Assembly meeting. 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. |
||||||||||||
|
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.