TÜRKİYE ŞİŞE VE CAM FABRİKALARI A.Ş.

Registration Form • Apr 7, 2025

DRAFT AMENDMENTS in ARTICLES OF ASSOCIATION TÜRKİYE ŞİŞE VE CAM FABRİKALARI A.Ş.

PREVIOUS TEXT	AMENDED TEXT
Türkiye Şişe ve Cam Fabrikaları A.Ş.	Türkiye Şişe ve Cam Fabrikaları A.Ş.
Articles of Association	Articles of Association
CAPITAL Article 7- The Company has accepted the Registered Capital System as per the provisions of Capital Markets Law and completed the transition to this system with the permission of the Capital Markets Board dated 4.3.1985 numbered 93.	CAPITAL Article 7- The Company has accepted the Registered Capital System as per the provisions of Capital Markets Law and completed the transition to this system with the permission of the Capital Markets Board dated 4.3.1985 numbered 93.
The upper limit of the registered capital of the Company is	The upper limit of the registered capital of the Company is
5,000,000,000	20,000,000,000
Turkish Liras and it has been divided into	Turkish Liras and it has been divided into
500,000,000,000	2,000,000,000,000
shares each with a nominal value of 1	shares each with a nominal value of 1
(One) Kurush.	(One) Kurush.
The permission given by the Capital Markets Board for the upper limit of registered capital is valid for the years 2021- 2025 (5 years). Even if the permitted upper limit of registered capital has not been reached by the end of 2025, in order for the board of directors to take a resolution on the capital increase after 2025; it is compulsory to get authorization from the general assembly for a new time frame not to exceed 5 years by receiving permission from the Capital Markets Board for the previously permitted limit or a new limit. The Company cannot increase its capital with a resolution of the Board of Directors in case the said authorization is not obtained.	The permission given by the Capital Markets Board for the upper limit of registered capital is valid for the years 2025- 2029 (5 years). Even if the permitted upper limit of registered capital has not been reached by the end of 2029, in order for the board of directors to take a resolution on the capital increase after 2029; it is compulsory to get authorization from the general assembly for a new time frame not to exceed 5 years by receiving permission from the Capital Markets Board for the previously permitted limit or a new limit. The Company cannot increase its capital with a resolution of the Board of Directors in case the said authorization is not obtained.
The issued capital of the Company is 3,063,214,056.17	The issued capital of the Company is 3,063,214,056.17
Turkish Liras and it has been divided into shares each with a	Turkish Liras and it has been divided into shares each with a
nominal value of 1 Kurush. 2,250,000,000 Turkish Liras that	nominal value of 1 Kurush. 2,250,000,000 Turkish Liras that
constitutes the previous amount of the issued capital has	constitutes the previous amount of the issued capital has
been fully paid and covered.	been fully paid and covered.
The increased amount of capital, TRY 813,214,056.17 is	The increased amount of capital, TRY 813,214,056.17 is
covered by the merger of our Company with Anadolu Cam	covered by the merger of our Company with Anadolu Cam
Sanayii Anonim Şirketi, Denizli Cam Sanayii ve Ticaret	Sanayii Anonim Şirketi, Denizli Cam Sanayii ve Ticaret
Anonim Şirketi, Paşabahçe Cam Sanayii ve Ticaret Anonim	Anonim Şirketi, Paşabahçe Cam Sanayii ve Ticaret Anonim
Şirketi, Soda Sanayii Anonim Şirketi	Şirketi, Soda Sanayii Anonim Şirketi
and Trakya Cam	and Trakya Cam
Sanayii Anonim Şirketi by way of acquiring all of their assets,	Sanayii Anonim Şirketi by way of acquiring all of their assets,
liabilities, rights, and obligations. The merger took place	liabilities, rights, and obligations. The merger took place
according to article 134 and the following articles of the	according to article 134 and the following articles of the
Turkish Commercial Code numbered 6102, articles 19 and	Turkish Commercial Code numbered 6102, articles 19 and
20	20
of the Corporate Tax Code numbered 5520, articles 23,	of the Corporate Tax Code numbered 5520, articles 23,
24, and other related articles of the Capital Markets Law	24, and other related articles of the Capital Markets Law
numbered 6362, the Capital Markets Board Communique on	numbered 6362, the Capital Markets Board Communique on

Merger and Demerger numbered II-23.2, other related	Merger and Demerger numbered II-23.2, other related
regulations, and the merger agreement dated 27.04.2020,	regulations, and the merger agreement dated 27.04.2020,
which has been signed by all the companies that are parties	which has been signed by all the companies that are parties
to the merger.	to the merger.
All company shares are registered share certificates. The	All company shares are registered share certificates. The
Company cannot issue bearer share certificates except for	Company cannot issue bearer share certificates except for
those to be issued in order to be traded on the stock	those to be issued in order to be traded on the stock
exchange.	exchange.
The capital of the company may be increased or decreased	The capital of the company may be increased or decreased
in accordance with the provisions of the Turkish Commercial	in accordance with the provisions of the Turkish Commercial
Code, Capital Market Legislation, and Electricity Market	Code, Capital Market Legislation, and Electricity Market
Legislation when necessary.	Legislation when necessary.
Shares representing the capital are kept in dematerialized	Shares representing the capital are kept in dematerialized
form, in line with the rules of dematerialization.	form, in line with the rules of dematerialization.