SANİCA ISI SANAYİ A.Ş.

Share Issue/Capital Change • Jan 3, 2024

Summary Info	Correction of the Last Validity Date for the Authorized Capital Limit
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Reason of Correction	Correction of the Last Validity Date for the Authorized Capital Limit

Board Decision Date	02.01.2024
Related Authorized Capital Process	Increase Of Authorized Capital
Current Authorized Capital (TL)	500.000.000
New Authorized Capital (TL)	5.000.000.000
Due Date For The Authorized Capital (New)	31.12.2028
Number Of Articles Of Association Item To Be Amended	7

Additional Explanations

In the Board of Directors meeting of our company held on 02.01.2024; in accordance with the provisions of Capital Markets Law No. 6362 and Article 7 of the Company's Articles of Association, it has been decided to increase the issued capital and the registered capital ceiling for the purpose of:

a) Increasing our company's issued capital from TRY 135,000,000 to TRY 900,000,000 by exceeding the registered capital ceiling of TRY 500,000,000 in accordance with the 6th paragraph of Article 6 of the Capital Markets Board's II-18.1 Communique on the Registered Capital System, as a one-time measure, through a 566.66667% increase from internal sources.

b ) Covering the increased capital of TRY 765,000,000, with TRY 571,779,031.70 from share issuance premiums and TRY 193,220,968.30 from retained earnings.

c) Distributing the shares representing the increased capital of TRY 765,000,000, to be issued within the scope of the 566.66667% free capital increase, to all shareholders in proportion to their shares. In the capital increase, providing A-group shares with a nominal value of TRY 113,333,333.33 for A-group shares, and B-group shares with a nominal value of TRY 651,666,666.67 for B-group shares.

d) Making necessary applications and preparing all required documents for relevant authorities, including the Capital Markets Board, Borsa Istanbul A.Ş., and the Central Securities Depository Inc., within the scope of this decision.

e ) Applying to the Capital Markets Board for approval, considering the equity size of TRY 1,138,735,846, based on the most recent audited financial statements, for the new registered capital ceiling to be TRY 5,000,000,000 (Five Billion) in accordance with the provision in the 4th paragraph of Article 5 of the Communique.

f) Applying to the Capital Markets Board for approval to amend our company's articles of association, which includes the request for the new registered capital ceiling, following the completion of the free capital increase.

It is hereby announced to the public and shareholders.

Supplementary Documents

Appendix: 1	Sanica Isı Esas Sözleşme Tadil Metni.pdf