TÜRKİYE İŞ BANKASI A.Ş.

M&A Activity • Apr 22, 2024

Summary Info	Application Documents to CMB Regarding the Partial Facilitated Demerger Through Associate Model
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Related Companies	SISE, TSKB, TSGYO, ISMEN, ISGYO, ANHYT, ISFIN, ANSGR, ISYAT, ISGSY

Board Decision Date	04.04.2024
Demerger Model	Partial demerger through associate model
Currency Unit	TRY
Date Of Financial Statements Base To Demerger	31.12.2023
Paid-in Capital (TL)	25.000.000.000
Target Capital (TL)	25.000.000.000

Share Group Info	Paid-in Capital (TL)	Share Exchange Rate	Capital To Be Decreased Due To Demerger (TL)	Capital To Be Decreased Due To Demerger (%)	Amount Of Bonus Issue From Internal Resources Due to Demerger (TL)	Rate Of Bonus Issue From Internal Resources Due to Demerger(%)	New Shares'' ISIN	Amount of Shares Issued Due To Demerger
A Grubu, ISATR, TRAISATR91N6	1.000
B Grubu, ISBTR, TRAISBTR91N4	29.000
C Grubu, ISCTR, TRAISCTR91N2	24.999.970.000

Capital Market Board Application Date Regarding Demerger	05.04.2024

Additional Explanations

Reference: Public disclosure of Türkiye İş Bankası A.Ş. (İşbank) on 05.04.2024.

With the related public disclosure, it has been announced that the applications have been made to the Banking Regulation and Supervision Agency as per related Banking regulations and Capital Markets Board as per related Capital Markets regulations within the context of the resolution regarding "partial facilitated demerger through associate model" in order to manage mentioned subsidiaries and affiliate under a holding company which will be incorporated as a 100% subsidiary of our Bank.

Draft Announcement Text, Demerger Plan and Demerger Report which are enclosed in the application to the Capital Markets Board have been presented to our shareholders' review in our website, due to the 5 MB file size limit of the Public Disclosure Platform system. Aforementioned documents can be accessed at https://www.isbank.com.tr/bankamizi-taniyin/kismi-bolunme-islemlerine-iliskin-duyurular

This is the translation of the Turkish public disclosure made by Türkiye İş Bankası A.Ş. through the Public Disclosure Platform, under the Material Events Guideline prepared in accordance with the Communique of Material Events, numbered II-15.1. According to the Material Events Guideline and the regulations, the Turkish public disclosure shall prevail.