HİTİT BİLGİSAYAR HİZMETLERİ A.Ş.

Registration Form • Apr 3, 2025

HİTİT BİLGİSAYAR HİZMETLERİ ANONİM ŞİRKETİ ARTICLES OF ASSOCIATION

PREVIOUS TEXT	NEW TEXT
CAPITAL AND TYPE OF SHARES	CAPITAL AND TYPE OF SHARES
Article 6:	Article 6:
The Company adopts the registered capital system pursuant to	The Company adopts the registered capital system pursuant to
the provisions of the Capital Markets Law No. 6362, and started	the provisions of the Capital Markets Law No. 6362, and started
using the registered capital system upon the Capital Markets	using the registered capital system upon the Capital Markets
Board permit No. 50/1453 dated 30/09/2021.	Board permit No. 50/1453 dated 30/09/2021
The Company's registered capital ceiling is in the amount of TRY 300,000,000 (Three Hundred Million Turkish Liras) and is divided into 300.000.000.00 (three hundred million) registered shares, each one with a nominal value of 1 (one) Turkish Lira.	The Company's registered capital ceiling is in the amount of TRY 1.500,000,000 (One Billion Five Hundred Million Turkish Liras) and is divided into 1.500.000.000.00 (One Billion Five Hundred Million) registered shares, each one with a nominal value of 1 (one) Turkish Lira.
The registered capital ceiling permit granted by the Capital	The registered capital ceiling permit granted by the Capital
Markets Board is valid for the period from 2021 to 2025 (5	Markets Board is valid for the period from 2025 to 2029 (5
years). Even if the registered capital ceiling for which the	years). Even if the registered capital ceiling for which the
permit was 5 granted is not reached by the end of 2025; after	permit was 5 granted is not reached by the end of 2029; after
2025, in order to be able to adopt a resolution to increase the	2029, in order to be able to adopt a resolution to increase the
capital, the Board of Directors has to receive authorization of	capital, the Board of Directors has to receive authorization of
the General Assembly for a new term not exceeding 5 (five)	the General Assembly for a new term not exceeding 5 (five)
years, by obtaining permission from the Capital Markets Board	years, by obtaining permission from the Capital Markets Board
for the previously-permitted ceiling or a new ceiling amount.	for the previously-permitted ceiling or a new ceiling amount.
Unless the said authorization is obtained, no capital increase	Unless the said authorization is obtained, no capital increase
shall be made upon a resolution by the Board of Directors.	shall be made upon a resolution by the Board of Directors.
The Company's issued capital is in the amount of TRY	The Company's issued capital is in the amount of TRY
300,000,000.00 (Three Hundred Million Turkish Liras), and the	300,000,000.00 (Three Hundred Million Turkish Liras), and the
issued capital has been fully paid in, free of collusion. This capital	issued capital has been fully paid in, free of collusion. This capital
is divided into 300,000,000.00 (Three hundred million) shares,	is divided into 300,000,000.00 (Three hundred million) shares,
each of which has a nominal value of TRY 1 (One Turkish Lira).	each of which has a nominal value of TRY 1 (One Turkish Lira).
Of these shares, 108,597,285 (One hundred and eight million	Of these shares, 108,597,285 (One hundred and eight million
five hundred and ninety-seven thousand two hundred and	five hundred and ninety-seven thousand two hundred and
eighty-five) shares comprise of Group (A) registered shares	eighty-five) shares comprise of Group (A) registered shares
("Group (A) Shares") and 108,597,285 (One hundred and eight	("Group (A) Shares") and 108,597,285 (One hundred and eight
million five hundred and ninety-seven thousand two hundred	million five hundred and ninety-seven thousand two hundred
and eighty-five) shares comprise of Group (B) registered shares	and eighty-five) shares comprise of Group (B) registered shares
("Group (B) Shares") and 82,805,430 (Eighty two million eight	("Group (B) Shares") and 82,805,430 (Eighty two million eight
hundred and five thousand four hundred and thirty) shares	hundred and five thousand four hundred and thirty) shares
comprise of Group (C) registered shares ("Group (C) Shares"),	comprise of Group (C) registered shares ("Group (C) Shares"),
each one with a nominal value of TRY 1 (One Turkish Lira).	each one with a nominal value of TRY 1 (One Turkish Lira).
(The Group (A) and (B) registered shares are privileged shares.	(The Group (A) and (B) registered shares are privileged shares.
None of the Group (C) registered shares have a privilege.	None of the Group (C) registered shares have a privilege.
In case a new privilege is prescribed, or the scope of the current	In case a new privilege is prescribed, or the scope of the current
privilege is enhanced, it is mandatory to comply with the	privilege is enhanced, it is mandatory to comply with the
obligations set out in the Capital Markets Law and the	obligations set out in the Capital Markets Law and the
applicable regulations.	applicable regulations.
Shares that represent the capital are monitored according to	Shares that represent the capital are monitored according to
dematerialization principles.	dematerialization principles.

The capital of the Company may be increased or decreased, if necessary, in accordance with the provisions of the Turkish Commercial Code and the Capital Markets Legislation.
Unless otherwise is resolved, in case of a capital increase, Group (A) Shares shall be issued against Group (A) Shares, Group (B) Shares against Group (B) Shares and Group (C) Shares against Group (C) Shares. In case of a restriction on the rights to purchase new shares, Group (C) Shares shall be issued.
When the Board of Directors deems it necessary in line with the provisions of the Capital Markets Law, the Board of Directors is authorized to issue new shares and increase the issued capital within the registered capital ceiling, and issue shares below or above the privileged or nominal value or restrict, in whole or in part, the shareholders' rights to purchase new shares, including the privileged ones. The power to restrict the rights to purchase new shares shall not be exercised in a way leading to inequality among the shareholders.
In case of a capital increase, the bonus shares to be issued shall be distributed to those shares existing on the date of increase.
The capital of the Company may be increased or decreased, if necessary, in accordance with the provisions of the Turkish Unless otherwise is resolved, in case of a capital increase, Group (A) Shares shall be issued against Group (A) Shares, Group (B) Shares against Group (B) Shares and Group (C) Shares against Group (C) Shares. In case of a restriction on the rights to purchase new shares, Group (C) Shares shall be When the Board of Directors deems it necessary in line with the provisions of the Capital Markets Law, the Board of Directors is authorized to issue new shares and increase the issued capital within the registered capital ceiling, and issue shares below or above the privileged or nominal value or restrict, in whole or in part, the shareholders' rights to purchase new shares, including the privileged ones. The power to restrict the rights to purchase new shares shall not be the In case of a capital increase, the bonus shares to be issued shall