INVEO YATIRIM HOLDİNG A.Ş.

Registration Form • Jul 29, 2024

INVEO YATIRIM HOLDİNG AŞ

AMENDMENT OF THE ARTICLES OF ASSOCIATION

OLD VERSION	NEW VERSION
CAPITAL AND SHARES	CAPITAL AND SHARES
ARTICLE 7-	ARTICLE 7-
The Company was established on 10/03/1998 as	The Company was established on 10/03/1998 as
an investment trust with registered capital in	an investment trust with registered capital in
accordance with the provisions of the Capital	accordance with the provisions of the Capital
Markets Law.	Markets Law.
With the approval of the Capital Markets Board dated 28.05.2014 and numbered 16/506, the Company's articles of association have been amended to remove the status of investment trust. The authorized capital ceiling of the Company is TL 1,000,000,000 (One Billion). This capital is divided into 1,000,000,000 (One Billion) shares, each of which is worth TL 1 (one). The issued capital within the authorized capital is TL 240,000,000 (two hundred and forty million) and has been paid in accordance with the procedure specified in the Capital Markets Law and related communiqués.	With the approval of the Capital Markets Board dated 28.05.2014 and numbered 16/506, the Company's articles of association have been amended to remove the status of investment trust. The authorized capital ceiling of the Company is TL 1,000,000,000 (One Billion). This capital is divided into 1,000,000,000 (One Billion) shares, each of which is worth TL 1 (one). The issued capital within the authorized capital is TL 1,000,000,000 (one billion) and has been paid in accordance with the procedure specified in the Capital Markets Law and related communiqués.
The share groups representing the issued capital	The share groups representing the issued capital
consist	consist
of	of
(A)	(A)
Group	Group
registered	registered
shares	shares
amounting to TL 240,000 for 240,000 shares and	amounting to TL 1,000,000 for 1,000,000 shares
(B) Group bearer shares amounting to TL	and (B) Group bearer shares amounting to TL
239,760,000 for 239,760,000 shares.	999,000,000 for 999,000,000 shares.
Shares representing the capital are monitored in	Shares representing the capital are monitored in
dematerialized form within the framework of	dematerialized form within the framework of
dematerialization principles.	dematerialization principles.
Registered shares may be freely transferred. No	Registered shares may be freely transferred. No
new shares may be issued unless the issued	new shares may be issued unless the issued
shares are completely sold and their price is	shares are completely sold and their price is
paid. The amount of issued capital must be	paid. The amount of issued capital must be
shown in the documents in which the title of the	shown in the documents in which the title of the
company is used.	company is used.
In capital increases, new Group A shares shall be	In capital increases, new Group A shares shall be
issued for Group A shares and new Group B	issued for Group A shares and new Group B
shares shall be issued for Group B shares.	shares shall be issued for Group B shares.
However, if the Board of Directors restricts the	However, if the Board of Directors restricts the
shareholders' right to purchase new shares, all	shareholders' right to purchase new shares, all
new shares to be issued shall be issued as Group	new shares to be issued shall be issued as Group
B shares. The authorized capital permission	B shares. The authorized capital permission
granted by the Capital Markets Board is valid for	granted by the Capital Markets Board is valid for

2023-2027 (five years). At the end of 2027, even if the permitted capital ceiling has not been reached, in order for the Board of Directors to take a capital increase decision after 2027; it is obligatory to obtain authorization from the General Assembly by obtaining permission from the Capital Markets Board for the previously permitted ceiling or a new ceiling amount. If the said authorization is not obtained, no capital increase can be made by the board of directors' resolution. The board of directors is authorized to increase the issued capital by issuing shares up to the registered capital ceiling whenever it deems necessary in accordance with the provisions of the capital markets law and the relevant legislation between 2023 and 2027, and to take decisions on limiting the shareholders' right to acquire new shares and issuing privileged shares or shares above or below the nominal value.

The power to restrict the right to acquire new shares may not be exercised in a way to cause inequality among shareholders.

2023-2027 (five years). At the end of 2027, even if the permitted capital ceiling has not been reached, in order for the Board of Directors to take a capital increase decision after 2027; it is obligatory to obtain authorization from the General Assembly by obtaining permission from the Capital Markets Board for the previously permitted ceiling or a new ceiling amount. If the said authorization is not obtained, no capital increase can be made by the board of directors' resolution. The board of directors is authorized to increase the issued capital by issuing shares up to the registered capital ceiling whenever it deems necessary in accordance with the provisions of the capital markets law and the relevant legislation between 2023 and 2027, and to take decisions on limiting the shareholders' right to acquire new shares and issuing privileged shares or shares above or below the nominal value.

The power to restrict the right to acquire new shares may not be exercised in a way to cause inequality among shareholders.