KARSAN OTOMOTİV SANAYİİ VE TİCARET A.Ş.

Share Issue/Capital Change • Jul 11, 2025

Summary Info	Resolution on Increasing the Authorized Capital Ceiling and Extending Its Validity Period – Application to the Capital Markets Board (CMB)
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	08.07.2025
Related Authorized Capital Process	Increase Of Authorized Capital
Current Authorized Capital (TL)	1.500.000.000
New Authorized Capital (TL)	4.500.000.000
Due Date For The Authorized Capital (New)	31.12.2029
Number Of Articles Of Association Item To Be Amended	6
Capital Market Board Application Date	11.07.2025

Additional Explanations

Our Board of Directors has decided to extend the validity period of the registered capital ceiling, which will expire in 2025, until the end of 2029, and to increase the current registered capital ceiling to TL 4.500.000.000, taking into account the fact that the amount has remained low due to the inflation effect in the intervening period, and to obtain the necessary permissions from the Capital Markets Board and the Ministry of Trade for the amendment of Article 6 titled "Capital" of the Company's Articles of Association, and to submit the relevant amendment to the approval of the shareholders at the next general assembly meeting to be held following the receipt of the permissions. An application was made to the Capital Markets Board on July 11, 2025.