BİM BİRLEŞİK MAĞAZALAR A.Ş.

AGM Information • Apr 18, 2017

Summary Info	2016 Ordinary General Assembly Meeting Invitation
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

General Assembly Invitation

Type of General Assembly	Annual
Begining of The Fiscal Period	01.01.2016
End of The Fiscal Period	31.12.2016
Decision Date	23.03.2017
General Assembly Date	18.04.2017
General Assembly Time	10:30
Record Date	17.04.2017
Country	Turkey
City	İSTANBUL
District	SANCAKTEPE
Address	Abdurrahmangazi Mah. Ebubekir Cad. No.73 Sancaktepe-İstanbul

Agenda Items

1 - Opening, Election of Moderator and Authorization of the Moderator to Sign the Ordinary General Assembly Meeting Minutes

2 - Reading and negotiating the Annual Report for the year 2016

3 - Reading and negotiating the auditor's reports for the year 2016

4 - Review, negotiation and approval of the financial statements for the year 2016

5 - Decision on acquittal of members of the Board of Directors due to their activities in the year 2016

6 - Discussion and resolution of recommendation of the Board of Directors regarding profit distribution for the year 2016

7 - Election of the New Board Members and determination of their monthly participation fee by separate voting for each candidate

8 - Grant of authorization to the members of the Board of Directors so that they can carry out the duties specified in Articles 395 and 396 of the Turkish Commercial Code and in compliance with the Corporate Governance Principles issued by Capital Market Board, informing the General Assembly on related party transactions performed within such framework in 2016

9 - Informing shareholders about share buy-back program , which was effective between July 22, 2016 and March 16, 2017, under the authorization granted with the decision of the Board of Directors dated July 22, 2016

10 - Presentation of the donations and aids by the Company in 2016 for the General Assembly's information

11 - Informing shareholders that no pledge, guarantee and hypothec were granted by the Company in favor of third parties based on the Corporate Governance Communiqué of the Capital Markets Board

12 - Ratifying the election of independent auditor by the Board of Directors as per the Turkish Commercial Law and regulations of the Capital Markets Board

13 - Wishes and closing

Corporate Actions Involved In Agenda

Dividend Payment

General Assembly Results

Was The General Assembly Meeting Executed?	Yes
General Assembly Results	It has been decided that: 1)After the recommendation of the Board of Directors regarding the distribution of the profit of the year 2016, Ahmet Afif Topbaş from the physical participants requested the increase of the profit distribution and proposed a new motion to the General Assembly. According to the proposal, to distribute TRY 455,400,000 gross cash profit share to the shareholders in 2016 (gross TL 1,50 per share) and to pay two installments, that the cash profit distribution be paid in two installments, whereby the first installment be paid as gross TRY 0,90 for each share as from 7th June 2017 and the second installment be paid as gross TRY 0,60 for each share as from 8th November 2017. 2) Mustafa Latif TOPBAŞ, Ömer Hulusi TOPBAŞ, Mahmoud Pyarali MERALI, Jozef Wilhelmus Johannes SİMONS, Mustafa BÜYÜKABACI (independent member) and Talat İÇÖZ (independent member) are elected as members of the Board of Directors and a honoraria of TRY 5,000 is paid to the members, 3) The members of the Board of Directors of the Company be authorized to perform the transactions set forth under Articles 395 and 396 of the Turkish Commercial Code. 4) The independent audit service for the year 2017 be outsourced from Independent Audit Firm PwC Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik Anonim Şirketi.

Decisions Regarding Corporate Actions

Dividend Payment	Discussed

General Assembly Outcome Documents

Appendix: 1	Hazır Bulunanlar Listesi.pdf - List of Attendants
Appendix: 2	Olağan Genel Kurul Toplantı Tutanağı - 2016.pdf - Minute
Appendix: 3	Minutes of General Assembly - 2016.pdf - Minute

Additional Explanations

The Ordinary General Assembly Meeting of our Company for the year 2016 was held at 10:30 on April 18, 2017, in the company head Office address Abdurrahmangazi Mah. Ebubekir Cad. No.73 Sancaktepe-İstanbul.

In accordance with CMB regulations, Minutes of Ordinary General Assembly and List of Attendants are attached.

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