AKFEN GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.

Share Issue/Capital Change • Dec 29, 2023

Summary Info	Explanation on the Amount of Unused Preemptive Right
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	22.08.2023
Authorized Capital (TL)	6.500.000.000
Paid-in Capital (TL)	1.300.000.000,001
Target Capital (TL)	3.900.000.000,003

Rights Issue (Via Preemptive Right)

Share Group Info	Paid-in Capital (TL)	Preemptive Rights Amount (TL)	Preemptive Rights Rate (%)	Preemptive Rights Price	Share Group Issued	New Shares'' ISIN	Form	Preemptive Rights ISIN Code	Unused Rights Amount (TL)	Amount of Shares Cancelled (TL)
A Grubu, İşlem Görmüyor, TREAKFG00020	3.771,983	7.543,966	200,00000	1,00	A Grubu	A Grubu, İşlem Görmüyor, TREAKFG00020	Registered	A Grubu, AKFG1(İMTİYAZLI RÜÇHAN), TRRAKFG00055
B Grubu, AKFGY, TREAKFG00012	1.299.988.684,052	2.599.977.368,104	200,00000	1,00	B Grubu	B Grubu, AKFGY, TREAKFG00012	Bearer	B Grubu, AKFGY(RÜÇHAN), TRRAKFG00089	9.296.716,21
C Grubu, İşlem Görmüyor, TREAKFG00038	3.771,983	7.543,966	200,00000	1,00	C Grubu	C Grubu, İşlem Görmüyor, TREAKFG00038	Registered	C Grubu, AKFG2(İMTİYAZLI RÜÇHAN), TRRAKFG00063
D Grubu, İşlem Görmüyor, TREAKFG00046	3.771,983	7.543,966	200,00000	1,00	D Grubu	D Grubu, İşlem Görmüyor, TREAKFG00046	Registered	D Grubu, AKFG6(İMTİYAZLI RÜÇHAN), TRRAKFG00071

	Paid-in Capital (TL)	Preemptive Rights Amount (TL)	Preemptive Rights Rate (%)	Unused Rights Amount (TL)	Amount of Shares Cancelled (TL)
TOTAL	1.300.000.000,001	2.600.000.000,002	200,00000	9.296.716,210

Explanation About The Shares Not Sold	In case of unsold shares, such shares will be purchased by Akfen Holding A.Ş. and/or Akfen International Holding BV.
Rights Issue Ex-Date	14.12.2023
Preemptive Rights Exercise End Date	28.12.2023
Currency Unit	TRY

Other Aspects To Be Notified

Number of Articles of Association Item To Be Amended	8
Capital Market Board Application Date	23.08.2023
Capital Market Board Application Result	Approval
Capital Market Board Approval Date	08.12.2023
Property of Increased Capital Shares	Dematerialized Share
Payment Date	18.12.2023
Record Date	15.12.2023

Additional Explanations

The process of exercising the 15-day new share purchase rights, which started on 14.12.2023, regarding the increase of our company's issued capital of TL 1,300,000,000 within the

registered capital ceiling of TL 6,500,000,000 to TL 3,900,000,000 with an increase of TL 2,600,000,000, all in cash and 200%, was completed on 28.12.2023.

The total nominal value of the shares corresponding to the new share purchase rights of our shareholders that were not used within the period of exercising their new share

purchase rights is TL 9,296,716.210 and its ratio to the total capital of the Company is 0.24%. The remaining shares will be offered for sale in the Primary Market of Borsa Istanbul

A.Ş. through İnfo Yatırım Menkul Değerler A.Ş. for 2 business days on 2 - 3 January 2024 at the price to be formed in the Primary Market of Borsa Istanbul A.Ş. at a nominal value of

not less than TL 1.00 through the "Sale on the Stock Exchange" method

It is also possible to access the Public Disclosure Platform (KAP) website at www.kap.org.tr, our Company's website at www.akfengyo.com.tr and the website of İnfo Yatırım

Menkul Değerler A.Ş., which will act as an intermediary in the public offering, at www.infoyatirim.com.

In the event that the shares remaining after the exercise of the rights to purchase new shares and the exercise of the rights to purchase new shares are not sold in the Primary

Market of Borsa Istanbul A.Ş., all of the remaining unsold portion shall be purchased by Akfen Holding and/or Akfen International within 3 (three) business days following the end

of the sales period of the shares in the Stock Exchange by paying in full and in cas h at the average of the weighted average price formed on the two days when the shares were offered to the public in the Stock Exchange, not less than the nominal value.

Regards,