FONET BİLGİ TEKNOLOJİLERİ A.Ş.

Transaction in Own Shares • Feb 16, 2023

Summary Info	Share Buy Back Transactions Dated 16.02.2023
Update Notification Flag	Yes
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

Details of Buy-Back

Code of Share Subject to Buy-back	Transaction Date	Nominal Value of Shares Subject to Transaction (TRY)	Ratio To Capital (%)	Transaction Price (TRY / Unit)	Privileges, If Any, Associated With These Shares
B Grubu, FONET, TREFONT00010	16.02.2023	5.000	0,012	12,32
B Grubu, FONET, TREFONT00010	16.02.2023	8.000	0,02	12,44
B Grubu, FONET, TREFONT00010	16.02.2023	15.000	0,037	12,46
B Grubu, FONET, TREFONT00010	16.02.2023	2.000	0,005	12,48
B Grubu, FONET, TREFONT00010	16.02.2023	13.000	0,032	12,49
B Grubu, FONET, TREFONT00010	16.02.2023	10.000	0,025	12,5
B Grubu, FONET, TREFONT00010	16.02.2023	4.000	0,01	12,53
B Grubu, FONET, TREFONT00010	16.02.2023	3.600	0,009	12,54
B Grubu, FONET, TREFONT00010	16.02.2023	9.389	0,023	12,56
B Grubu, FONET, TREFONT00010	16.02.2023	9.400	0,023	12,57
B Grubu, FONET, TREFONT00010	16.02.2023	5.611	0,014	12,58
B Grubu, FONET, TREFONT00010	16.02.2023	1.598	0,004	12,59
B Grubu, FONET, TREFONT00010	16.02.2023	3.402	0,008	12,6
B Grubu, FONET, TREFONT00010	16.02.2023	2.000	0,005	12,62
B Grubu, FONET, TREFONT00010	16.02.2023	1.000	0,002	12,64
B Grubu, FONET, TREFONT00010	16.02.2023	15.000	0,037	12,78
B Grubu, FONET, TREFONT00010	16.02.2023	5.000	0,012	12,81
B Grubu, FONET, TREFONT00010	16.02.2023	10.000	0,025	12,83
B Grubu, FONET, TREFONT00010	16.02.2023	3.000	0,007	12,87
B Grubu, FONET, TREFONT00010	16.02.2023	50	0	12,9
B Grubu, FONET, TREFONT00010	16.02.2023	831	0,002	12,91
B Grubu, FONET, TREFONT00010	16.02.2023	9.119	0,022	12,92
B Grubu, FONET, TREFONT00010	16.02.2023	4.000	0,01	12,99
B Grubu, FONET, TREFONT00010	16.02.2023	3.000	0,007	13,02
B Grubu, FONET, TREFONT00010	16.02.2023	3.000	0,007	13,03
B Grubu, FONET, TREFONT00010	16.02.2023	2.500	0,006	13,06
B Grubu, FONET, TREFONT00010	16.02.2023	5.000	0,012	13,07
B Grubu, FONET, TREFONT00010	16.02.2023	2.500	0,006	13,18
B Grubu, FONET, TREFONT00010	16.02.2023	2.000	0,005	13,25

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.

The share buy-back transactions executed on 16.02.2023 based on the resolution of Board of Directors dated on 16.02.2023 ara added to the table.

On 16.02.2023, a total of 158.000 shares were bought-back from the price range of TRY 12,32 - 13,25