OTOKAR OTOMOTİV VE SAVUNMA SANAYİ A.Ş.

Share Issue/Capital Change • Feb 14, 2023

Summary Info	About Bonus Issue
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	14.02.2023
Authorized Capital (TL)	100.000.000
Paid-in Capital (TL)	24.000.000
Target Capital (TL)	120.000.000

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
OTKAR, TRAOTKAR91H3	24.000.000	96.000.000,000	400,00000				OTKAR, TRAOTKAR91H3	Registered

	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	24.000.000	96.000.000,000	400,00000

Details of Internal Resources :

Inflation Adjustment on Equity (TL)	52.743.030
Previous Years'' Profits (TL)	43.256.970

Other Aspects To Be Notified

Number of Articles of Association Item To Be Amended	7

Additional Explanations

It has been resolved by our Company's Board of Directors that;

Although the registered capital ceiling of our company is 100,000,000 TL, pursuant to the provision in the CMB's Registered Capital System , "By adding all kinds of internal resources and dividends to the capital, and as a result of transactions that require merger, division and similar general assembly resolutions, the registered capital ceiling may be exceeded only one time within each capital ceiling" the issued capital of 24.000.000 TL is increased by 400% to 120.000.000 TL, with an increase of 96.000.000 TL, fully covered by internal resources,

To distribute the shares that will be formed due to the capital increase to the existing shareholders free of charge at the rate of their participation in the capital,

The capital increase of 96.000.000 TL to be made internally, financial statements prepared in accordance with the TPL (Tax Procedure Law) records it will be covered from Inflation Adjustment on Legal Reserves 4.625.782,96 TL, 11.599.006,86 TL from Inflation Adjustment on Extraordinary Reserves, 43.688.529,92 TL from Extraordinary Reserves, 36.086.680,26 TL from Special Funds. Meanwhile, according to financial statements prepared in accordance with TFRS, according to the financial statements, 52.743.030 TL will be covered from Inflation Adjustment on Equity , 43.256.970 TL will be covered from Extraordinary reserves Previous Years' Profits ,

Regarding capital increase from internal sources, Article 7 of the articles of association titled "Capital" is amended as attached in accordance with the provisions of the Turkish Commercial Code and the capital market legislation,

To carry out necessary applications and procedures to Capital Markets Board, Borsa İstanbul A.Ş. and Central Registry Agency Inc for the realization of bonus issue from internal resources and approval of the issue document regarding the shares to be issued in the capital increase and the amendment draft of Article 7 of the articles of association titled "Capital".

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	Tadil Metni ek.pdf
Appendix: 2	Tadil Metni ek_eng.pdf