GEDİK YATIRIM MENKUL DEĞERLER A.Ş.

Registration Form • Jul 22, 2025

GEDİK YATIRIM MENKUL DEĞERLER AŞ ARTICLE OF ASSOCIATION AMENDMENT TEXT

OLD	NEW
TYPE OF CAPITAL AND SHARE CERTIFICATES	TYPE OF CAPITAL AND SHARE CERTIFICATES
ARTICLE 6-	ARTICLE 6-
The Company has accepted the registered capital system in	The Company has accepted the registered capital system in
accordance with the provisions of the Capital Markets Law and has	accordance with the provisions of the Capital Markets Law and has
switched to this system with the permission of the Capital Markets	switched to this system with the permission of the Capital Markets
Board dated 29/04/2010 no. 11/336.	Board dated 29/04/2010 no. 11/336.
The registered capital ceiling of the Company is 3,000,000,000 TL	The registered capital ceiling of the Company is 3,000,000,000 TL
(Three Billion Turkish Liras) and is divided into 3,000,000,000	(Three Billion Turkish Liras) and is divided into 3,000,000,000
(Three Billion) shares with a nominal value of 1.00 TL (one Turkish	(Three Billion) shares with a nominal value of 1.00 TL (one Turkish
Lira) each. The issued capital of the Company is 1,000,000,000 TL	Lira) each. The issued capital of the Company is 2,000,000,000 TL
(one billion Turkish Liras). This capital is divided into	(two billion Turkish Liras). This capital is divided into
1,000,000,000 (one billion) shares, each with a value of 1.00 (one)	2,000,000,000 (two billion) shares, each with a value of 1.00 (one)
TL.	TL.
The issued capital of the Company is 1,000,000,000 TL (one	The issued capital of the Company is 2,000,000,000 TL (two billion
billion Turkish Liras), all of which has been paid in full.	Turkish Liras), all of which has been paid in full.
	Previously, the issued capital of the Company was TL 1.000.000.000,00 (One Billion), and of the TL 1.000.000.000,00 (One Billion) capital increased this time, TL 671.037.604,98 was from inflation adjustment on equity, TL 197.491,296.76 TL from emission premium, 863,609.55 TL from profit on sale of real estate, 642,017.66 TL from profit on sale of subsidiary shares and 129,965,471.05 TL from extraordinary reserves.

OLD	NEW
The registered capital permission granted by the Capital Markets	The registered capital permission granted by the Capital Markets
Board is valid for 2024-2028 (five years). At the end of 2028, even	Board is valid for 2024-2028 (five years). At the end of 2028, even if
if the permitted capital ceiling has not been reached, in order for the	the permitted capital ceiling has not been reached, in order for the
board of directors to take a capital increase decision after 2028; it is	board of directors to take a capital increase decision after 2028; it is
obligatory to obtain authorization from the general assembly for a	obligatory to obtain authorization from the general assembly for a
new period of time by obtaining permission from the capital	new period of time by obtaining permission from the capital markets
markets board for the previously permitted ceiling or a new ceiling	board for the previously permitted ceiling or a new ceiling amount. In
amount. In case said authorization is not obtained, no capital	case said authorization is not obtained, no capital increase can be
increase can be made with the decision of the Board of Directors.	made with the decision of the Board of Directors.
All of the shares are registered shares.	All of the shares are registered shares.
There are no restrictions on the transfer of shares within the	There are no restrictions on the transfer of shares within the
conditions stipulated by the Capital Markets Legislation.	conditions stipulated by the Capital Markets Legislation.
The board of directors is entitled to increase the issued capital by	The board of directors is entitled to increase the issued capital by
issuing shares up to the registered capital ceiling, to issue shares	issuing shares up to the registered capital ceiling, to issue shares
above their nominal value and to limit the shareholders' rights to	above their nominal value and to limit the shareholders' rights to
acquire new shares partially or completely between 2024 and 2028,	acquire new shares partially or completely between 2024 and 2028,
whenever it deems necessary in accordance with the provisions of	whenever it deems necessary in accordance with the provisions of the
the capital markets law and the relevant legislation.	capital markets law and the relevant legislation.
Shares representing the capital are monitored in dematerialized form	Shares representing the capital are monitored in dematerialized form
within the framework of dematerialization principles.	within the framework of dematerialization principles.