The decision to raise the Bank’s capital by TL 500,000,000.00 to TL 5,600,000,000.00 was approved at the Bank’s Annual General Meeting held on 9 June 2017. The capital increase and, accordingly, the amendment made in the related article of the Articles of Association was registered on 11 July 2017 and announced in Issue 9367 of the Trade Registry Gazette dated 14 July 2017. Within this framework, the relevant article of the articles of association has been updated as follows:

Article 6 (previous version)

Capital
Article 6- The capital of the Bank is 5,100,000,000.-Turkish Lira. All of the capital is owned by the Undersecretariat of the Treasury of the Republic of Turkey. The Bank’s former capital of 5,000,000,000.-Turkish Lira was paid up. This time, the increased amount of 100,000,000 Turkish Lira consists of 28,000,000 Turkish Lira of previous periods’ net profit. Of this total, 72,000,000.-Turkish Lira was committed as cash and without collusion by the Treasury and was paid up before the registration date.

Article 6 (new version)

Capital
Article 6- The capital of the Bank is 5,600,000,000 Turkish Lira. All of the capital is owned by the Undersecretariat of the Treasury of the Republic of Turkey. The capital was divided into 5,600,000,000 registered nominative shares with a nominal value of 1 Turkish Lira each. The Bank’s former capital of 5,100,000,000 Turkish Lira was paid up. This time, the increased amount of 500,000,000 Turkish Lira was committed as cash and without collusion and was paid up before the registration date.