AKFEN GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.

Share Issue/Capital Change • May 22, 2024

Summary Info	Regarding the Registration of Increase in Authorized Capital Ceiling
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	01.04.2024
Related Authorized Capital Process	Increase Of Authorized Capital
Current Authorized Capital (TL)	6.500.000.000
New Authorized Capital (TL)	50.000.000.000
Due Date For The Authorized Capital (New)	31.12.2028
Number Of Articles Of Association Item To Be Amended	8
Capital Market Board Application Date	01.04.2024
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	19.04.2024
Date of Related General Assembly	17.05.2024
Was The Issue Of Authorized Capital Negotiated? Was It Accepted?	Accepted
Date Of Registry	21.05.2024

Additional Explanations

The text of the amendment approved by the CMB and the Ministry of Trade regarding Article 8 titled "Capital and Shares" of the Articles of Association of our Company is given in the Annex, and the said amendment text was registered by the Istanbul Trade Registry Office on May 21, 2024 following its approval by majority vote at the Ordinary General Assembly Meeting of 2023.

The English translation of this disclosure is attached hereto, and in case of any discrepancy in the disclosure texts, the Turkish disclosure will be taken as the basis.

Supplementary Documents

Appendix: 1	SPK Onaylı Esas Sözleşme Tadil Metinleri.pdf