HİTİT BİLGİSAYAR HİZMETLERİ A.Ş.

Registration Form • Nov 22, 2024

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 provisions of the Capital Markets Law No. 6362, and started using the registered capital system upon the Capital Markets Board permit No. 50/1453 dated 30/09/2021.	The Company adopts the registered capital system pursuant to the provisions of the Capital Markets Law No. 6362, and started using the registered capital system upon the Capital Markets 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 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 registered capital ceiling permit granted by the Capital Markets Board is valid for the period from 2021 to 2025 (5 years). Even if the registered capital ceiling for which the permit was granted is not reached by the end of 2025; after 2025, in order to be able to adopt a resolution to increase the capital, the Board of Directors has to receive authorization of the General Assembly for a new term not exceeding 5 (five) years, by obtaining permission from the Capital Markets Board for the previously-permitted ceiling or a new ceiling amount. Unless the said authorization is obtained, no capital increase shall be made upon a resolution by the Board of Directors.	The registered capital ceiling permit granted by the Capital Markets Board is valid for the period from 2021 to 2025 (5 years). Even if the registered capital ceiling for which the permit was granted is not reached by the end of 2025; after 2025, in order to be able to adopt a resolution to increase the capital, the Board of Directors has to receive authorization of the General Assembly for a new term not exceeding 5 (five) years, by obtaining permission from the Capital Markets Board for the previously-permitted ceiling or a new ceiling amount. Unless the said authorization is obtained, no capital increase shall be made upon a resolution by the Board of Directors.
The Company's issued capital is in the amount of TRY 127,500,000.00 (One Hundred Twenty Seven Million Five Hundred Thousand Turkish Liras), and the issued capital has been fully paid in, free of collusion. This capital is divided into 127.500.000.00 (One Hundred Twenty Seven Million Five Hundred Thousand) shares, each of which has a nominal value of TRY 1 (One Turkish Lira).	The Company's issued capital is in the amount of TRY 300,000,000.00 (Three Hundred Million Turkish Liras), and the issued capital has been fully paid in, free of collusion. This capital is divided into 300,000,000.00 (Three hundred million) shares, each of which has a nominal value of TRY 1 (One Turkish Lira). Of these shares, 108,597,285 (One hundred and eight million five hundred and ninety-seven thousand two
Of these shares, 46.153.846 (Forty-Six Million One Hundred Fifty Three Thousand Eight Hundred Forty-Six) shares comprise of Group (A) registered shares ("Group (A) Shares") and 46.153.846 (Forty-Six Million One Hundred Fifty Three Thousand Eight Hundred Forty-Six) shares comprise of Group (B) registered shares ("Group (B) Shares") and 35.192.308 (Thirty-Five Million One Hundred Ninety-Two Thousand Three Hundred Eight) shares comprise of Group (C) registered shares ("Group (C) Shares"), each one with a nominal value of TRY 1	hundred and eighty-five) shares comprise of Group (A) registered shares ("Group (A) Shares") and 108,597,285 (One hundred and eight million five hundred and ninety-seven thousand two hundred and eighty-five) shares comprise of Group (B) registered shares ("Group (B) Shares") and 82,805,430 (Eighty two million eight hundred and five thousand four hundred and thirty) shares comprise of Group (C) registered shares ("Group (C) Shares"), each one with a nominal value of TRY 1 (One Turkish Lira).

(One Turkish Lira).

The Group (A) and (B) registered shares are privileged	The Group (A) and (B) registered shares are privileged
shares. None of the Group (C) registered shares have a	shares. None of the Group (C) registered shares have a
privilege.	privilege.
In case a new privilege is prescribed, or the scope of the	In case a new privilege is prescribed, or the scope of the
current privilege is enhanced, it is mandatory to comply	current privilege is enhanced, it is mandatory to comply
with the obligations set out in the Capital Markets Law	with the obligations set out in the Capital Markets Law
and the applicable regulations.	and the applicable regulations.
Shares that represent the capital are monitored	Shares that represent the capital are monitored
according to dematerialization principles.	according to dematerialization principles.
The capital of the Company may be increased or	The capital of the Company may be increased or
decreased, if necessary, in accordance with the	decreased, if necessary, in accordance with the
provisions of the Turkish Commercial Code and the	provisions of the Turkish Commercial Code and the
Capital Markets Legislation.	Capital Markets Legislation.
Unless otherwise is resolved, in case of a capital	Unless otherwise is resolved, in case of a capital
increase, Group (A) Shares shall be issued against	increase, Group (A) Shares shall be issued against
Group (A) Shares, Group (B) Shares against Group (B)	Group (A) Shares, Group (B) Shares against Group (B)
Shares and Group (C) Shares against Group (C) Shares.	Shares and Group (C) Shares against Group (C) Shares.
In case of a restriction on the rights to purchase new	In case of a restriction on the rights to purchase new
shares, Group (C) Shares shall be issued.	shares, Group (C) Shares shall be issued.
When the Board of Directors deems it necessary in line	When the Board of Directors deems it necessary in line
with the provisions of the Capital Markets Law, the	with the provisions of the Capital Markets Law, the
Board of Directors is authorized to issue new shares and	Board of Directors is authorized to issue new shares and
increase the issued capital within the registered capital	increase the issued capital within the registered capital
ceiling, and issue shares below or	ceiling, and issue shares below or
above the privileged	above the privileged
or nominal value or restrict, in whole or in part, the	or nominal value or restrict, in whole or in part, the
shareholders' rights to purchase new shares, including	shareholders' rights to purchase new shares, including
the privileged ones. The power to restrict the rights to	the privileged ones. The power to restrict the rights to
purchase new shares shall not be exercised in a way	purchase new shares shall not be exercised in a way
leading to inequality among the shareholders.	leading to inequality among the shareholders.
In case of a capital increase, the bonus shares to be	In case of a capital increase, the bonus shares to be
issued shall be distributed to those shares existing on	issued shall be distributed to those shares existing on
the date of increase.	the date of increase.