AKBANK T.A.Ş. — AGM Information 2021

Mar 24, 2021

Summary Info	Resolutions Of The Ordinary General Assembly On March 24, 2021.
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

General Assembly Invitation

General Assembly Type	Annual
Begining of The Fiscal Period	01.01.2020
Ending Date Of The Fiscal Period	31.12.2020
Decision Date	25.02.2021
General Assembly Date	24.03.2021
General Assembly Time	14:00
Record Date (Deadline For Participation In The General Assembly)	23.03.2021
Country	Turkey
City	İSTANBUL
District	BEŞİKTAŞ
Address	Sabancı Center 4.Levent / Beşiktaş / İstanbul

Agenda Items

1 - Opening and Appointment of the Meeting Presidential Board,

2 - Communication and discussion of the Report of the Board of Directors,

3 - Communication of the Independent Auditors Report,

4 - Communication, discussion and ratification of the Financial Statements of 2020,

5 - Discharge of liability of the members of the Board of Directors,

6 - Decision on the appropriation of 2020 net profit,

7 - Appointment and determination of the tenure of the Members of the Board of Directors,

8 - Determination of the compensation of the Members of the Board of Directors,

9 - Appointment of the Independent Auditors,

10 - Amendment to the article 9 of the Articles of Association of the Bank,

11 - Providing information regarding the updated remuneration policy,

12 - Providing information regarding the donations made in 2020,

13 - Determining the bank's donation limits for 2021,

14 - Empowerment of the Board of Directors in connection with matters falling within the scope of articles 395 and 396 of the Turkish Commercial Code.

Corporate Actions Involved In Agenda

Dividend Payment
Authorized Capital

General Assembly Invitation Documents

Appendix: 1	BilgilendirmeDokumani2020_.pdf - General Assembly Informing Document
Appendix: 2	InformationDocument2020_.pdf - General Assembly Informing Document
Appendix: 3	ToplantiCagrisiGundemTasarı2020.pdf - Announcement Document
Appendix: 4	InvitationAgenda_2020.pdf - Announcement Document
Appendix: 5	Vekaletname2020.pdf - Other Invitation Document
Appendix: 6	ProxyStatement_2020.pdf - Other Invitation Document

General Assembly Results

Was The General Assembly Meeting Executed?	Yes
General Assembly Results	RESOLUTIONS OF THE ORDINARY GENERAL ASSEMBLY ON MARCH 24, 2021 · Discussion and ratification of the financial statements for 2020, · Discharge of liability of the members of the Board of Directors, · Distribution of the 2020 net profit of TL 6.267.167.124,74 in accordance with the proposal of the Board of Directors, as follows; · Gross TL 260.000.000 equal to 5% of Bank's paid-in capital of TL 5.200.000.000 as of December 31, 2020 will be allocated as primary cash gross dividend; and gross TL 366.080.000 will be allocated as secondary cash gross dividend. Total gross dividend of TL 626.080.000 equal to 12,04% of the paid in capital, will be distributed to shareholders, · Cash dividend payment to start from 26th of March, 2021, · In accordance with the first paragraph clause (e) of article 5 of the Corporate Tax Law, TL 702.497,79 which is exempt from corporate tax to be allocated to a "Special Fund Account" and after allocating TL 36.608.000 to Legal Reserves, the remaining profit will be retained under Extraordinary Reserves. · Election of Suzan SABANCI DİNÇER, Eyüp ENGİN Ahmet Fuat AYLA, Şakir Yaman TÖRÜNER, Nafiz Can PAKER, Emre DERMAN, İsmail Aydın GÜNTER, and Kemal Özgür DEMİRTAŞ as Member of the Board of Directors and Mehmet Tuğrul Belli as an Independent Member of the Board of Directors to replace those whose terms expired until the next Ordinary General Assembly to be held on 2022, for a 1 year period. · To pay the Members of the Board of Directors a gross salary of TL 18.000 per month; and also to have the Remuneration Committee that will be authorized by the Board of Directors, determine the payments that will be made to the Members in case they assume specific duties within the Bank; and to determine an upper limit of TL 32.000.000 in gross total, for the payments that will be made to those Members who assume specific duties within the Bank until the Ordinary General Assembly that will be held in 2022, · Approval of PwC Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. for the bank's independent auditor in 2021, · Approval of the amendement to the article 9 of the Articles of Association of the Bank in conjuction with CMB's approval dated 08.02.2021 and numbered 1502, BRSA's approval dated 02.02.2021 and numbered 3303 and Domestic Trade General Directorate of Ministry of Commerce's approval dated 17.02.2021 and numbered 61543662. · Approval of donation limits for the bank up to 0,4% of its equity in accordance with the Banking Law article 59. · Authorization of the Board of Directors regarding the empowerment of Board Members in connection with matters falling within the scope of articles 395 and 396 of the Turkish Commercial Code. Additionally, · Board of Directors Annual Report and the Auditors Reports for 2020 have been discussed, · Shareholders have been informed regarding the update of the "Akbank Remuneration Policy" in accordance with the 4.6.2 principle of Corporate Governance Principles of the CMB and the donations of TL 10.621.535,20 made by the Bank in 2020 to the foundations, associations and similar institutions. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

Decisions Regarding Corporate Actions

Dividend Payment	Discussed
Authorized Capital	Accepted

General Assembly Result Documents

Appendix: 1	24032021_Olağan_Genel_Kurul_Toplantısı_Zaptı_İmzasız.pdf - Minute
Appendix: 2	24032021_Olağan_Genel_Kurul_Toplantısı_Hazirun_Cetveli_İmzasız.pdf - List of Attendants

Additional Explanations

In accordance with Capital Market Board's Corporate Governance Principles and related Communique, related information, documents and reports to be discussed on the Ordinary General Assembly are published to our investors on Central Registry Agency web site under the e-GEM, and e-Company sections and on our Bank's Investor Relations web site " www.akbankinvestorrelations.com " .

In case of contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.