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Additional Explanations
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By our Bank Board of Directors resolution dated 22.10.2020; It is resolved to authorize the Head Office to issue local currency bonds or any other similar debt securities in Turkey to qualified investors, having the particulars specified in the Regulation on Equity of the Banks published in the Official Gazette dated September 5, 2013 and numbered 28756, and which may be included in the calculation of equity, with varying maturities up to a nominal amount of TL 5.000.000.000 (five billion Turkish Lira), and to make the necessary applications to the Banking Regulation and Supervision Agency, Capital Markets Board of Turkey and other authorities; to determine, accept and approve all conditions and provisions related to issuance, to set the maturities of the securities which are issued in one or more tranches (including securities which are perpetual and can be included in the Additional Tier 1 Capital of our Bank), as well as setting either floating or fixed interest rates and either discount or coupon bond types depending on the market conditions, and to sign all agreements and any document related to the issuance, including but not limited to arbitration and jurisdiction clauses, and execute all necessary operations on the related matter. In 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.