TEKFEN HOLDİNG A.Ş.

Transaction in Own Shares • Feb 1, 2024

Summary Info	Commencement of share buy-back program_Revision of the previous disclosure in accordance with template
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Company Performs the Buy-Back	TEKFEN HOLDİNG A.Ş.
Company Subject to Buy-Back	TEKFEN HOLDİNG A.Ş.

Type Of Buy-Back	Within The Frame Of Buy-Back Program
Board Decision Date	31.01.2024
If Any, Duration Of Buy-Back Program	1 year
Maximum Number Of Shares To Be Acquired	18.500.000
Total Amount Of The Fund Set Aside For Acqusition	925.000.000

Scheduled Period Of Buy-Back

Code of Share Subject to Buy-back	Starting Date Of Period	Ending Date Of Period	Nominal Value (TRY)	Ratio To Capital (%)
TKFEN, TRETKHO00012	31.01.2024	31.01.2025	18.500.000	5

Additional Explanations

With the aim of protecting the interests of all our shareholders, and contributing to a healthy price formation, which is considered not to reflect the true performance of the company, in

accordance with Article 379 of the Turkish Commercial Code, Article 22 of the Capital Markets Law, and the Capital Markets Board's Communique on Repurchased Shares (II-22.1), within

the framework of the Capital Markets Board's principle decision dated 14.02.2023, our Board of Directors, on 31.01.2024, resolved:

a) To initiate the buyback of company shares on Borsa Istanbul within the scope of the authorization specified in Article 10 of our company's Articles of Association for a period of 1 year,

b)To approve the buyback of up to 18,500,000 shares, representing 5% of our company's issued capital, with a nominal value of 18,500,000 TL,

c) To set the fund allocated for buyback at a maximum of 925,000,000 TRY, to be funded from the company's existing resources,

d) To include all the details of buyback program to be approved in the first coming General Assembly meeting and to be presented to the shareholders for information and approval,

e) To authorize the company top management for the implementation of the transactions.