KAP

1.1. Facilitating the Exercise of Shareholders Rights
The number of investor meetings (conference, seminar/etc.) organised by the company during the year	Yıl içerisinde 2019 Yılı Olağan Genel Kurul Toplantısı yapılmıştır.
1.2. Right to Obtain and Examine Information
The number of special audit request(s)	Mevcut değil
The number of special audit requests that were accepted at the General Shareholders' Meeting	Mevcut değil
1.3. General Assembly
Link to the PDP announcement that demonstrates the information requested by Principle 1.3.1. (a-d)	https://www.kap.org.tr/tr/Bildirim/741782
Whether the company provides materials for the General Shareholders' Meeting in English and Turkish at the same time	Yatırımcı sayısı ve yapısı dikkate alındığında, Şirketimiz yalnızca Türkçe belge hazırlamaktadır. İlerleyen zamanlarda uygun görülmesi halinde İngilizce içerikli belgeler de düzenleyecektir.
The links to the PDP announcements associated with the transactions that are not approved by the majority of independent directors or by unanimous votes of present board members in the context of Principle 1.3.9	Mevcut değil
The links to the PDP announcements associated with related party transactions in the context of Article 9 of the Communique on Corporate Governance (II-17.1)	Şirketimizde KAP duyurusu yapılmasını gerektirecek önemli ilişkili taraf işlemi bulunmamaktadır.
The links to the PDP announcements associated with common and continuous transactions in the context of Article 10 of the Communique on Corporate Governance (II-17.1)	https://www.kap.org.tr/tr/Bildirim/815623
The name of the section on the corporate website that demonstrates the donation policy of the company	http://panoragyo.com/yatirimci-iliskileri/bagis-ve-yardim-politikasi
The relevant link to the PDP with minute of the General Shareholders' Meeting where the donation policy has been approved	https://www.kap.org.tr/tr/Bildirim/748208
The number of the provisions of the articles of association that discuss the participation of stakeholders to the General Shareholders' Meeting	Mevcut değil
Identified stakeholder groups that participated in the General Shareholders' Meeting, if any	Mevcut değil
1.4. Voting Rights
Whether the shares of the company have differential voting rights	Hayır (No)
In case that there are voting privileges, indicate the owner and percentage of the voting majority of shares.	Mevcut değil
The percentage of ownership of the largest shareholder	%13,14
1.5. Minority Rights
Whether the scope of minority rights enlarged (in terms of content or the ratio) in the articles of the association	Hayır (No)
If yes, specify the relevant provision of the articles of association.	Mevcut değil
1.6. Dividend Right
The name of the section on the corporate website that describes the dividend distribution policy	Yatırımcı İlişkileri Bölümü
Minutes of the relevant agenda item in case the board of directors proposed to the general assembly not to distribute dividends, the reason for such proposal and information as to use of the dividend.	Mevcut değil
PDP link to the related general shareholder meeting minutes in case the board of directors proposed to the general assembly not to distribute dividends	Mevcut değil

General Assembly Meetings

General Meeting Date	The number of information requests received by the company regarding the clarification of the agenda of the General Shareholders' Meeting	Shareholder participation rate to the General Shareholders' Meeting	Percentage of shares directly present at the GSM	Percentage of shares represented by proxy	Specify the name of the page of the corporate website that contains the General Shareholders' Meeting minutes, and also indicates for each resolution the voting levels for or against	Specify the name of the page of the corporate website that contains all questions asked in the general assembly meeting and all responses to them	The number of the relevant item or paragraph of General Shareholders' Meeting minutes in relation to related party transactions	The number of declarations by insiders received by the board of directors	The link to the related PDP general shareholder meeting notification
16/03/2019	0	%61,92	%51,66	%10,26	Yatırımcı İlişkileri Bölümü	Yatırımcı İlişkileri Bölümü	Mevcut değil	28	https://www.kap.org.tr/tr/Bildirim/741782

2.1. Corporate Website
Specify the name of the sections of the website providing the information requested by the Principle 2.1.1.	İlgili bilgi ve belgeler "Yatırımcı İlişkileri" başlığı altında verilmiştir.
If applicable, specify the name of the sections of the website providing the list of shareholders (ultimate beneficiaries) who directly or indirectly own more than 5% of the shares.	http://panoragyo.com/yatirimci-iliskileri/surekli-bilgilendirme-formu
List of languages for which the website is available	Türkçe içerikle verilmektedir.
2.2. Annual Report
The page numbers and/or name of the sections in the Annual Report that demonstrate the information requested by principle 2.2.2.
a) The page numbers and/or name of the sections in the Annual Report that demonstrate the information on the duties of the members of the board of directors and executives conducted out of the company and declarations on independence of board members	Yönetim Kurulu Bölümü
b) The page numbers and/or name of the sections in the Annual Report that demonstrate the information on committees formed within the board structure	Komiteler Bölümü
c) The page numbers and/or name of the sections in the Annual Report that demonstrate the information on the number of board meetings in a year and the attendance of the members to these meetings	Faaliyet Esasları Bölümü
ç) The page numbers and/or name of the sections in the Annual Report that demonstrate the information on amendments in the legislation which may significantly affect the activities of the corporation	Mevcut değil
d) The page numbers and/or name of the sections in the Annual Report that demonstrate the information on significant lawsuits filed against the corporation and the possible results thereof	Mevcut değil
e) The page numbers and/or name of the sections in the Annual Report that demonstrate the information on the conflicts of interest of the corporation among the institutions that it purchases services on matters such as investment consulting and rating and the measures taken by the corporation in order to avoid from these conflicts of interest	Mevcut değil
f) The page numbers and/or name of the sections in the Annual Report that demonstrate the information on the cross ownership subsidiaries that the direct contribution to the capital exceeds 5%	Mevcut değil
g) The page numbers and/or name of the sections in the Annual Report that demonstrate the information on social rights and professional training of the employees and activities of corporate social responsibility in respect of the corporate activities that arises social and environmental results	Mevcut değil

3.1. Corporation’s Policy on Stakeholders
The name of the section on the corporate website that demonstrates the employee remedy or severance policy	Mevcut değil
The number of definitive convictions the company was subject to in relation to breach of employee rights	Mevcut değil
The position of the person responsible for the alert mechanism (i.e. whistleblowing mechanism)	Genel Müdür
The contact detail of the company alert mechanism	info@panoragyo.com
3.2. Supporting the Participation of the Stakeholders in the Corporation’s Management
Name of the section on the corporate website that demonstrates the internal regulation addressing the participation of employees on management bodies	Mevcut değil
Corporate bodies where employees are actually represented	Mevcut değil
3.3. Human Resources Policy
The role of the board on developing and ensuring that the company has a succession plan for the key management positions	Kilit pozisyonu yöneticilerin atanması veya azledilmesi gibi hususlarda Yönetim Kurlu yetkilidir.
The name of the section on the corporate website that demonstrates the human resource policy covering equal opportunities and hiring principles. Also provide a summary of relevant parts of the human resource policy.	Yatırımcı İlişkileri Bölümü - Etik Kurallar
Whether the company provides an employee stock ownership programme	Pay edindirme planı bulunmuyor (There isn't an employee stock ownership programme)
The name of the section on the corporate website that demonstrates the human resource policy covering discrimination and mistreatments and the measures to prevent them. Also provide a summary of relevant parts of the human resource policy.	Yatırımcı İlişkileri Bölümü - Etik Kurallar
The number of definitive convictions the company is subject to in relation to health and safety measures	Mevcut değil
3.5. Ethical Rules and Social Responsibility
The name of the section on the corporate website that demonstrates the code of ethics	Yatırımcı İlişkileri Bölümü
The name of the section on the company website that demonstrates the corporate social responsibility report. If such a report does not exist, provide the information about any measures taken on environmental, social and corporate governance issues.	Mevcut değil
Any measures combating any kind of corruption including embezzlement and bribery	Mevcut değil

4.2. Activity of the Board of Directors
Date of the last board evaluation conducted	Mevcut değil
Whether the board evaluation was externally facilitated	Hayır (No)
Whether all board members released from their duties at the GSM	Evet (Yes)
Name(s) of the board member(s) with specific delegated duties and authorities, and descriptions of such duties	Salih Bezci, Sinan Aydın Aygün, Zekeriya Fındıkoğlu olmak üzere 3 kişilik İcra Kurulu oluşturulmuştur. İki kişi müşterek imza ile Şirketi temsile yetkilidir.
Number of reports presented by internal auditors to the audit committee or any relevant committee to the board	Şirketimiz organizasyon yapısında İç Kontrol Sistemi açısından Komite çalışmalarını yeterli gördüğü için ayrıca bir İç Kontrol Birimi oluşturmamıştır.
Specify the name of the section or page number of the annual report that provides the summary of the review of the effectiveness of internal controls	Riskler ve Yönetim Kurulu'nun Değerlendirmesi Bölümü
Name of the Chairman	Mustafa Rifat Hisarcıklıoğlu
Name of the CEO	İcra Kurulu 3 üyeden oluşmaktadır. Başkan sıfatında üye yoktur. Genel Müdür: Murat Başkaya
If the CEO and Chair functions are combined: provide the link to the relevant PDP annoucement providing the rationale for such combined roles	Mevcut değil
Link to the PDP notification stating that any damage that may be caused by the members of the board of directors during the discharge of their duties is insured for an amount exceeding 25% of the company's capital	https://www.kap.org.tr/tr/Bildirim/764131
The name of the section on the corporate website that demonstrates current diversity policy targeting women directors	Bu hususa özellikle değinilmemekle birlikte Etik Kurallar çerçevesinde, dolaylı olarak bahsedilmiştir. Etik Kurallar Yatırımcı İlişkileri Bölümünde bulunmaktadır.
The number and ratio of female directors within the Board of Directors	Mevcut değildir. Şirketimiz şartları dikkate alarak bu konuda Kurumsal Yönetim İlkeleri uyarınca azami özeni göstermektedir.

Board Members

Name-Surname

Real Person Acting on Behalf of Legal Person Member

Gender

Title

Profession

The First Election Date To Board

Whether Executive Director or Not

Positions Held in the Company in the Last 5 Years

Current Positions Held Outside the Company

Whether the Director has at Least 5 Years’ Experience on Audit, Accounting and/or Finance or not

Share in Capital (%)

The Share Group that the Board Member Representing

Independent Board Member or not

Link To PDP Notification That Includes The Independency Declaration

Whether the Independent Director Considered By The Nomination Committee

Whether She/He is the Director Who Ceased to Satisfy The Independence or Not

Committees Charged and Task

MUSTAFA RİFAT HİSARCIKLIOĞLU

Male

Chairman of the Board

Manager

07/03/2017

Non-Executive

YOK

Eskihisar Şirketler Grubu Yönetim Kurulu Başkanlığı, TOBB Başkanlığı ve diğer muhtelif görevler mevcuttur.

Yes

13,14

-

Dependent Member

-

SALİH BEZCİ

Male

Deputy Chairman of the Board

Manager

25/09/2010

Executive

Yönetim Kurulu Üyesi

Besa Gayrimenkul Dan Trz Otom A.Ş. Yönetim Kurulu Başkanı. Besa İnşaat A.Ş Yönetim Kurulu Başkanı. Besa Kule İşletmecilik A.Ş. Yönetim Kurulu Başkanı. Besa Marin Trz İşl A.Ş. Yönetim Kurulu Başkanı. Besa Müheahhitlik Yat Mim İnş A.Ş. Yönetim Kurulu Başkanı. Besa Tema Gayrimenkul Kiralama A.Ş. Yönetim Kurulu Başkanı. Besa Tema İnşaat A.Ş Yönetim Kurulu Başkanı. Sb1 Enerji A.Ş. Yönetim Kurulu Başkanı Besa Yönetim Dan ve Yat. A.Ş. Yönetim Kurulu Başkanı. Denizyaka Trz Yat İnş ve işl A.Ş Yönetim Kurulu Başkanı. Plato Yapı A.Ş Yönetim Kurulu Başkanı. Salih Bezci Yönetim Danış. Yat A.Ş. Yönetim Kurulu Başkanı. Tasfiye Halinde Fırattur A.Ş. Yönetim Kurulu Başkanı. Besa Marin Otelcilik Trz İşl A.Ş Yönetim Kurulu Başkanı. Söğütözü İnşaat ve İşletme A.Ş. Yönetim Kurulu Üyesi. Armada İşletmecilik ve Ticaret A.Ş. Yönetim Kurulu Üyesi. Panora İşl. Ve Tic. A.Ş. Yönetim Kurulu Üyesi. Gümrük Turizm İşletmeleri A.Ş. Yönetim Kurulu Üyesi

Yes

11,84

-

Dependent Member

-

ZEKERİYA FINDIKOĞLU

Male

Member of the Board

Manager

11/02/2005

Executive

Yönetim Kurulu Üyesi

Eskihisar Dış Tic. ve San A.Ş. YK Üyesi . Eskihisar İnş. ve Yat. A.Ş. YK Üyesi . Eskihisar İnş. Malz. A.Ş. YK Üyesi. Hasöz San. Üm. Paz. ve Tic. A.Ş. YK Üyesi . Panora İşl. ve Tic. A.Ş. YK Üyesi . Eskihisar Otomotiv San. ve Tic. A.Ş. YK Üyesi . Eskihisar Yedek Parça A.Ş. YK Üyesi . Eskihisar Tek. Hiz. A.Ş. YK Üyesi . Eskihisar 2. El Oto. A.Ş. YK Üyesi . Ekalp İnş. Proje Elek. Isıtma Sis. İşl. San. ve Tic. A.Ş. YK Üyesi . Esye Gıda San. ve Tic. A.Ş. YK Üyesi .

Yes

0,19

-

Dependent Member

-

OSMAN TOKUR

Male

Member of the Board

Manager

06/04/2005

Non-Executive

Yönetim Kurulu Üyesi

Söğütözü İnş. ve İşl. A.Ş. Yönetim Kurulu Üyesi . Tokur Ağaç Ltd. Şti. İşletme Müdürü . Armada İşletmecilik ve Ticaret A.Ş. Yönetim Kurulu Üyesi .

Yes

3,88

-

Dependent Member

-

LÜTFİ BAŞ

Male

Member of the Board

Manager

07/03/2017

Non-Executive

-

Borpet Ltd. Şti ve Bortek A.Ş. Yönetim Kurulu Başanı

Yes

-

Dependent Member

Riskin Erken Saptanması Komitesi Üyesi

VAHDETTİN ERTAŞ

Male

Member of the Board

Manager

24/03/2018

Non-Executive

Yönetim Kurulu Üyesi

?Nuh Çimento A.Ş. ve Türkiye Ürün İhtisas Borsası yönetim kurulu üyesi

Yes

-

Independent Member

https://www.kap.org.tr/tr/ek-indir/4028328c7063ab7f0170874981a86f21

Considered

No

Denetimden Sorumlu Komite Başkanı, Kurumsal Yönetim Komitesi Başkanı

ŞENOL ALPARSLAN

Male

Member of the Board

Manager

24/03/2018

Non-Executive

Yönetim Kurulu Üyesi

SS. Kentincek Konut Yapı Kooperatifi Yönt. Kurulu Bşk.

Yes

-

Independent Member

https://www.kap.org.tr/tr/ek-indir/4028328c7063ab7f0170874981a86f21

Considered

No

Denetimden Sorumlu Komite Üyesi, Riskin Erken Saptanması Komitesi Başkanı

4.4. Meeting Procedures of the Board of Directors
Number of physical board meetings in the reporting period (meetings in person)	30
Director average attendance rate at board meetings	%99
Whether the board uses an electronic portal to support its work or not	Hayır (No)
Number of minimum days ahead of the board meeting to provide information to directors, as per the board charter	2 gün önce
The name of the section on the corporate website that demonstrates information about the board charter	panoragyo.com/public/storage/pages/July2019/yk-ic-yonerge.pdf
Number of maximum external commitments for board members as per the policy covering the number of external duties held by directors	Mevcut değil
4.5. Board Committees
Page numbers or section names of the annual report where information about the board committees are presented	Komiteler başlığı adı altında tüm komiteler hakkında bilgi verilmiştir.
Link(s) to the PDP announcement(s) with the board committee charters	http://panoragyo.com/yatirimci-iliskileri/komiteler

Composition of Board Committees-I

Names Of The Board Committees	Name Of Committees Defined As "Other" In The First Column	Name-Surname of Committee Members	Whether Committee Chair Or Not	Whether Board Member Or Not
Denetim Komitesi (Audit Committee)		Vahdettin Ertaş	Evet (Yes)	Yönetim kurulu üyesi (Board member)
Denetim Komitesi (Audit Committee)		Şenol Alparslan	Hayır (No)	Yönetim kurulu üyesi (Board member)
Kurumsal Yönetim Komitesi (Corporate Governance Committee)		Vahdettin Ertaş	Evet (Yes)	Yönetim kurulu üyesi (Board member)
Kurumsal Yönetim Komitesi (Corporate Governance Committee)		Can Öztürk	Hayır (No)	Yönetim kurulu üyesi değil (Not board member)
Riskin Erken Saptanması Komitesi (Committee of Early Detection of Risk)		Şenol Alparslan	Evet (Yes)	Yönetim kurulu üyesi (Board member)
Riskin Erken Saptanması Komitesi (Committee of Early Detection of Risk)		Lütfi Baş	Hayır (No)	Yönetim kurulu üyesi (Board member)

4.5. Board Committees-II
Specify where the activities of the audit committee are presented in your annual report or website (Page number or section name in the annual report/website)	http://panoragyo.com/yatirimci-iliskileri/komiteler
Specify where the activities of the corporate governance committee are presented in your annual report or website (Page number or section name in the annual report/website)	http://panoragyo.com/yatirimci-iliskileri/komiteler
Specify where the activities of the nomination committee are presented in your annual report or website (Page number or section name in the annual report/website)	http://panoragyo.com/yatirimci-iliskileri/komiteler
Specify where the activities of the early detection of risk committee are presented in your annual report or website (Page number or section name in the annual report/website)	http://panoragyo.com/yatirimci-iliskileri/komiteler
Specify where the activities of the remuneration committee are presented in your annual report or website (Page number or section name in the annual report/website)	Şirketimiz bünyesinde "Ücret Komitesi" oluşturulmamıştır. Bu komitenin görevlerini "Kurumsal Yönetim Komitesi" yürütmektedir.
4.6. Financial Rights
Specify where the operational and financial targets and their achievement are presented in your annual report (Page number or section name in the annual report)	Faaliyetlere İlişkin Bilgiler ve Finansal Tablolar Bölümü
Specify the section of website where remuneration policy for executive and non-executive directors are presented.	Mevcut değil
Specify where the individual remuneration for board members and senior executives are presented in your annual report (Page number or section name in the annual report)	Yönetim Kurulu Üyelerine Sağlanan Mali Haklar Bölümünde konuyla ilgili bilgi verilmiştir.

Composition of Board Committees-II

Names Of The Board Committees	Name of committees defined as "Other" in the first column	The Percentage Of Non-executive Directors	The Percentage Of Independent Directors In The Committee	The Number Of Meetings Held In Person	The Number Of Reports On Its Activities Submitted To The Board
Riskin Erken Saptanması Komitesi (Committee of Early Detection of Risk)		%100	%50	6	6
Denetim Komitesi (Audit Committee)		%100	%100	5	5
Kurumsal Yönetim Komitesi (Corporate Governance Committee)		%100	%50	2	2

New web site guide can be accessed from announcements section

XBRL Based Information Gathering, Analyzable & Comparable Data, Multi-Language Support, Time Stamp Implementation, A New Website, Adapted More Corporate Actions, Straight Through Processing

PANORA GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.

PAGYO

PANORA GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.