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The Board of Directors of Kuveyt Türk Katılım Bankası A.Ş ("Kuveyt Türk" or the "Bank") has resolved to authorize the Executive Management of the Bank to raise USD Regulation S Additional Tier 1 (AT1) Capital in Sukuk format for an amount of up to USD 200.000.000 with perpetual maturity in line with Regulation on Equities of Banks as published in the Official Gazette, numbered 28756, dated September 5, 2013 (as amended from time to time) ("the BRSA Equities Regulation"). The Bank has appointed KFH Capital Investment Company K.S.C.C as the Global Coordinator and book runner for the planned AT1 Sukuk Issuance.
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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.