GERSAN ELEKTRİK TİCARET VE SANAYİ A.Ş.

Share Issue/Capital Change • May 18, 2018

Summary Info	Tahsisli ve Bedelsiz Sermaye Artırımına İlişkin SPK Başvurusu
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	18.04.2018
Authorized Capital (TL)	150.000.000
Paid-in Capital (TL)	50.000.000
Target Capital (TL)	106.000.000

Bonus Issue

Share Group Info	Paid-in Capital (TL)	Amount of Bonus Issue From Internal Resources (TL)	Rate of Bonus Issue From Internal Resources (%)	Amount of Bonus Issue From Dividend (TL)	Rate of Bonus Issue From Dividend (%)	Share Group Issued	New Shares' ISIN	Nevi
GEREL, TREGREL00017	50.000.000	43.000.000	86,00000	7.000.000	14,00000		GEREL, TREGREL00017	Registered

	Paid-in Capital (TL)	Amount of Bonus Issue From Internal Resources (TL)	Rate of Bonus Issue From Internal Resources (%)	Amount of Bonus Issue From Dividend (TL)	Rate of Bonus Issue From Dividend (%)
TOTAL	50.000.000	43.000.000,000	86,00000	7.000.000,000	14,00000

Details of Internal Resources :

Inflation Adjustment on Equity (TL)	1.865.908,8
Premium on Issued Shares (TL)	16.371.625,24
Affilities And Properties Sales Gains (TL)	15.996.150
Previous Years' Profits (TL)	8.766.315,96

Rights Issue (Allocated)

Share Group Info	Paid-in Capital (TL)	Amount of Private Placement Through Capital Increase By Restraining Preemptive Rights (TL)	Proportion of Private Placement Through Capital Increase By Restraining Preemptive Rights To The Capital (%)	New Shares' ISIN	Form	Amount of Shares Cancelled (TL)
GEREL, TREGREL00017	50.000.000	6.000.000	12,00000	GEREL, TREGREL00017	Registered

	Paid-in Capital (TL)	Amount of Private Placement Through Capital Increase By Restraining Preemptive Rights (TL)	Proportion of Private Placement Through Capital Increase By Restraining Preemptive Rights To The Capital (%)	Amount of Shares Cancelled (TL)
TOTAL	50.000.000	6.000.000,000	12,00000

The Person Increased Capital Devoted	GEM Global Yield Fund LLC SCS

Other Aspects To Be Notified

Number of Articles of Association Item To Be Amended	6
Capital Market Board Application Date Regarding Articles of Association	18.05.2018

Additional Explanations

Şirketimizin 150.000.000 Türk Lirası kayıtlı sermaye tavanı içerisinde 50.000.000 Türk Lirası olan çıkarılmış sermayenin, tamamı nakden karşılanmak suretiyle 6.000.000 Türk Lirası tahsisli artırılmasına ve yine Şirketimizin 150.000.000 Türk Lirası kayıtlı sermaye tavanı içerisinde tamamı iç kaynaklardan karşılanmak suretiyle 50.000.000 Türk Lirası bedelsiz pay olarak dağıtılması suretiyle sermayenin 106.000.000 Türk Lirasına artırılması hususunda Sermaye Piyasası Kuruluna başvuruda bulunulmuştur.