YÜKSELEN ÇELİK A.Ş.

Share Issue/Capital Change • Dec 19, 2023

Summary Info	Board of Directors Resolution on Bonus Issue
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	19.12.2023
Authorized Capital (TL)	600.000.000
Paid-in Capital (TL)	125.000.000
Target Capital (TL)	250.000.000

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, TREYUKC00010	48.415.492	48.415.492,000	100,00000			A Grubu	A Grubu, İşlem Görmüyor, TREYUKC00010	Registered
B Grubu, YKSLN, TREYUKC00028	76.584.508	76.584.508,000	100,00000			B Grubu	B Grubu, YKSLN, TREYUKC00028	Bearer

	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	125.000.000	125.000.000,000	100,00000

Details of Internal Resources :

Previous Years'' Profits (TL)	125.000.000

Other Aspects To Be Notified

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

Additional Explanations

Our Company's Board of Directors resolved on 19.12.2023 to increase its paid-in capital to TRY 250,000,000 by making a 100% bonus issue.

Within the Company's Registered Capital Ceiling of TRY 600,000,000, the Board of Directors decided today (19.12.2023):

to increase our Company's paid-in capital from TRY 125,000,000 to TRY 250,000,000 by adding TRY 125,000,000 from which TRY 125,000,000 consists of Retained Earnings,

to distribute the increased capital amounting TRY 125,000,000 to all shareholders in proportion to their shares,

to amend the Article 6 of the Articles of Association titled "Type and Transfer of Capital and Shares" pertaining to the capital increase,

to apply to the Capital Markets Board of Turkey ("CMB") for the purpose of receiving the necessary permissions regarding the amendment of the Articles of Association and the capital increase.

Within this context, an application will be made to the Capital Markets Board.

Disclaimer Notice: This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.

Supplementary Documents

Appendix: 1	Esas Sözleşme Tadil Tasarısı.pdf