AKFEN GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.

Share Issue/Capital Change • Dec 13, 2023

Summary Info	Pre-emptive Rights Issue Codes Determined within the Scope of Paid-in Capital Increase
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
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

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

Our capital increase application regarding the increase of our company's issued capital from TL 1,300,000,000 to TL 3,900,000,000 within the registered capital ceiling of TL 6,500,000,000, with an increase of TL 2,600,000,000 to TL 3,900,000,000, all in cash and 200%, was approved by the Capital Markets Board at its meeting dated 07.12.2023 and numbered 76/1684.

- Our shareholders' rights to purchase new shares will be exercised and they have the right to purchase new shares at a rate of 200% of the shares they hold.

- New share purchase rights will be exercised for 15 days between 14.12.2023 and 28.12.2023 in accordance with the principles specified in the prospectus.

- In the exercise of new share purchase rights, shares with a nominal value of TL 1.00 will be offered for sale at TL 1.00.

- The prospectus regarding the capital increase can also be accessed from the websites of the Public Disclosure Platform (KAP) at www.kap.org.tr, our Company at www.akfengyo.com.tr and the capital increase intermediary İnfo Yatırım Menkul Değerler A.Ş. at www.infoyatirim.com.

- After the exercise of pre-emptive rights, the remaining shares will be offered to the public at the price to be formed in the Primary Market of the Stock Exchange, provided that it is not below the nominal value for 2 business days.

- In the event that there are any unsold shares remaining after the exercise of the pre-emptive rights and the public offering of the remaining shares on the Stock Exchange, all of the shares in question will be purchased by Akfen Holding A.Ş. and/or Akfen International Holding BV within 3 (three) business days following the end of the sales period of the shares on the Stock Exchange, at a price not less than the average of the public offering price, paid in full and in cash.