Ref: Capital Markets Board's (CMB) letter dated 21.12.2005 that is announced in Istanbul Stock Exchange (IMKB) and CMB's letter to our Bank dated 22.12.2005.

Within the framework of the referenced letters, CMB requested disclosure of developments in each period of financial statements, our explanations in this context are as follows.

- As also noted in our Public Disclosure dated 30.07.2020, in the lawsuit filed by the Bankrupt Eksan İnşaat Ticaret ve Sanayi A.Ş. Bankruptcy Estate Administration, following the annulment of the decisions of İstanbul 7th Commercial Court of First Instance Numbered 2005/210 and İstanbul 29th Commercial Court of First Instance Numbered 2013/192 by the Court of Appeals, after an expert witness examination in the ongoing lawsuit at İstanbul 11th Commercial Court of First Instance Numbered 2017/6, a determination has been made in the final report that our Bank collected TRY 2.705.937,96 as capital, TRY 1.837.123.21 as interest. Objections to this expert witness report have been overruled and the hearing has been postponed to November 26, 2020.

- There is nothing to disclose regarding Yapı Kredi Foundation (Yapı ve Kredi Bankası A.Ş. Mensupları Yardım ve Emekli Sandığı Vakfı).

In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.