The Board of Directors resolved that in accordance with Capital Markets Board's Communique II-17.1. on Corporate Governance;

-        the Audit Committee shall be comprised of 2 members; Mr. Cem M. Kozlu shall be elected as the Chair and Mr. Ömer Önhon shall be elected as Member.

-        the Corporate Governance Committee shall be comprised of 3 members; Mr. Cem M. Kozlu shall be elected as the Chair and Ms. İpek Kıraç and Mr. Polat Şen shall be elected as Members.

-        the Risk Management Committee shall be comprised of 2 members; Mr. Peter Martyr shall be elected as the Chair and Ms. Caroline Nicole Koç shall be elected as Member.

-        the Nomination and Remuneration Committee shall be comprised of 2 members; Mr. Ömer Önhon shall be elected as the Chair and Mr. Yıldırım Ali Koç shall be elected as Member.

-        the Executive Committee shall be comprised of 5 members; the Committee shall elect a Chair and sufficient number of Vice Chairs among its members and Ms. Semahat Sevim Arsel, Mr. Mustafa Rahmi Koç, Mr. Mehmet Ömer Koç, Mr. Yıldırım Ali Koç and Ms. İpek Kıraç shall be elected as Members.

Working principles of committees established under Corporate Governance Communique are disclosed to public on the company website.

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.