It has been decided by our Bank's Board of Directors that,
- the share buy-backs which were last executed with the decision of our Bank's the Board of Directors dated 02/14/2023, shall be terminated as of the date of the first General Assembly Meeting to be held, within the scope of the CMB (Capital Markets Board) Principle Resolutions without a Buy-Back Program,
- and instead, within the scope of the CMB's Communique on Buy-Backed Shares, in order to protect the value of our shareholder's investments and to support price stability of the value of our Bank's shares, the attached Share Buy-Back Program, which includes the acquisition of our Bank's publicly traded shares on Borsa Istanbul up to a nominal amount of 15,000,000,000 shares (TRY 150,000,000 nominal) and a purchase amount of TRY 3,000,000,000 for a period of 3 years, starting from the date of the first General Assembly Meeting to be held, shall be initiated and the Program shall be submitted to the approval of the General Assembly.
In case of any contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.