ELİTE NATUREL ORGANİK GIDA SANAYİ VE TİCARET A.Ş.

Share Issue/Capital Change • Apr 18, 2024

Summary Info	Approval from the Board for the Increase of the Authorized Capital Limit and the Extension of its Validity Period
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	29.02.2024
Related Authorized Capital Process	Increase Of Authorized Capital
Current Authorized Capital (TL)	250.000.000
New Authorized Capital (TL)	2.500.000.000
Due Date For The Authorized Capital (New)	31.12.2028
Number Of Articles Of Association Item To Be Amended	6
Capital Market Board Application Date	06.03.2024
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	15.04.2024

Additional Explanations

At the meeting of our company's board of directors on February 29, 2024;

a) In consideration of the capital increases that can be executed in the year 2024 and in subsequent periods, and in accordance with the provision in the fourth paragraph of Article 5 of the Capital Markets Board's Communiqué No. II-18.1 on the Registered Capital System (Communiqué), based on our company's most recent financial statements audited as of June 30, 2023, which reflect an equity size of TRY 542,583,907, it has been unanimously decided to apply to the Capital Markets Board for approval to set the new registered capital ceiling at TRY 2,500,000,000 (Two Billion Five Hundred Million),

b) To adopt the draft amendment related to the "Capital" section, Article 6 of our company's articles of association, for the purpose of increasing the registered capital ceiling,

Following our aforementioned Board of Directors' decision, the application we submitted to the Board on 06.03.2024 has been approved as per the Board's letter dated 15.04.2024, which reached our company on 18.04.2024 (today).

The draft of the Articles of Association approved by the Board is attached herewith.

The legal process will continue after this approval.

We announce to the public and our investors.

Supplementary Documents

Appendix: 1	Kurul Onaylı Elite KSS Tadil Taslağı.pdf