FONET BİLGİ TEKNOLOJİLERİ A.Ş.

Transaction in Own Shares • Feb 16, 2023

Summary Info	About the decision of share buyback.
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Company Performs the Buy-Back	FONET BİLGİ TEKNOLOJİLERİ A.Ş.
Company Subject to Buy-Back	FONET BİLGİ TEKNOLOJİLERİ A.Ş.

Type Of Buy-Back	Other
The Purpose of Buy-Back	As the share price does not reflect the actual performance of our Company's activities, to protect the shareholders and to ensure its performance reflect share prices real value.
Board Decision Date	16.02.2023
Number Of Shares To Be Acquired	4.000.000
Maximum Amount To Be Paid (TL)	50.000.000

Additional Explanations

It has been decided by our Board of Directors on 16.02.2023;

1- Since the price of our company's shares traded on İstanbul Stock Exchange does not reflect the actual performance of our company's activities, in order to protect our shareholders, to ensure that our share price is stable and consistent with its real value, and to protect the trust of our investors in our company, to be able to make buyback basis on II-22.1 Buyback Shares Communique and decision of principle 14.02.2023 dated and 9/177 numbered by Capital Markets Board's.

2-Determining the maximum number of shares for buyback is 4.000.000 (4.000.000,00 TL nominal)

3- The fund to be allocated for share buyback is determined as maximum 50.000.000,00 TL to be met from our own equity.

4- Determining the duration of the share buyback program as 1 year.

5- Regarding the share buyback of company shares, necessary case event disclosures are made on the Public Disclosure Platform and the decision regarding the share buyback is submitted tı the approval of the first General Assembly.

It is announced with respect to the public and our investors.