GARANTİ FAKTORİNG A.Ş.

Share Issue/Capital Change • Feb 9, 2024

Summary Info	Board of Directors Decision on Capital Increase Through Bonus Issues
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	09.02.2024
Authorized Capital (TL)	397.500.000
Paid-in Capital (TL)	79.500.000
Target Capital (TL)	397.500.000

Bonus Issue

Share Group Info	Paid-in Capital (TL)	Amount of Bonus Issue From Internal Resources (TL)	Rate of Bonus Issue From Internal Resources (%)	Amount of Bonus Issue From Dividend (TL)	Rate of Bonus Issue From Dividend (%)	Share Group Issued	New Shares'' ISIN	Nevi
A Grubu, İşlem Görmüyor, TREGRFA00017	40.042.429,696	160.169.718,784	400,00000			A Grubu	A Grubu, İşlem Görmüyor, TREGRFA00017	Registered
B Grubu, GARFA, TRAAKFIN91P6	39.457.570,304	157.830.281,216	400,00000			B Grubu	B Grubu, GARFA, TRAAKFIN91P6	Registered

	Paid-in Capital (TL)	Amount of Bonus Issue From Internal Resources (TL)	Rate of Bonus Issue From Internal Resources (%)	Amount of Bonus Issue From Dividend (TL)	Rate of Bonus Issue From Dividend (%)
TOTAL	79.500.000	318.000.000,000	400,00000

Details of Internal Resources :

Reserves (TL)	318.000.000

Other Aspects To Be Notified

Number of Articles of Association Item To Be Amended	6
Property of Increased Capital Shares	Dematerialized Share

Additional Explanations

At the meeting of the Company's Board of Directors dated 09.02.2024 and numbered 03;

As the registered capital ceiling of our company is 397,500,000, - TL, the issued capital of 79,500,000, - TL, provided that it remains within the registered capital ceiling, will be increased by 318,000,000, -TL (by 400% increase) to 397,500,000, - TL with a nominal value of 1 (one) Kurus for each share, and the total increase amount will be allocated from the undistributed profit transferred to the Extraordinary Reserves,

Following obtaining the necessary permissions and approvals, 16,016,971,595.116 privileged and 15,783,028,404,884 non-privileged shares, each with a nominal value of 1 (one) Kurus, representing the increased capital, will be issued, the right of preemption regarding these shares will not be limited, and the shares added to the capital will be issued. The shares to be issued in return for 318,000,000 TL (Three Hundred and Eighteen Million Turkish Lira) will be distributed free of charge to existing shareholders as registered shares in proportion to their participation in the capital of our Company,

Article 6 of the Company's Articles of Association titled "Registered Capital" regarding the capital increase will be amended as attached,

It has been decided to authorize the Head Office to make and carry out the necessary applications and transactions at the Capital Markets Board, the Banking Regulation and Supervision Agency and other institutions.

Regards

Supplementary Documents

Appendix: 1	EK Esas Sözleşme 6.Madde Tadil Metni.pdf