KARSAN OTOMOTİV SANAYİİ VE TİCARET A.Ş.

AGM Information • Jun 17, 2022

Summary Info	Notice of Registration of the Ordinary General Assembly Meeting for 2021
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Reason of Correction	It is not a correction, the registration notification has been made.

General Assembly Invitation

General Assembly Type	Annual
Begining of The Fiscal Period	01.01.2021
Ending Date Of The Fiscal Period	31.12.2021
Decision Date	23.03.2022
General Assembly Date	21.04.2022
General Assembly Time	13:00
Record Date (Deadline For Participation In The General Assembly)	20.04.2022
Country	Turkey
City	BURSA
District	NİLÜFER
Address	Hasanağa Organize Sanayi Bölgesi, Sanayi Caddesi No:53 16280 Nilüfer / BURSA

Agenda Items

1 - Opening and Determination of the Chairman of Meeting

2 - Reading, discussion and approval of the Annual Report of year 2021 prepared by the Board of Directors,

3 - Reading of the summary report of the Independent Audit Firm of 2021 Fiscal Period,

4 - Reading, discussion and approval of the Financial Statements prepared in accordance with the CMB regulations for 2021

5 - Release of the members of the Board of Directors separately for year 2021 activities,

6 - Reading, discussing and submitting the proposal of the Board of Directors on not to distribute profit for the 2021 accounting period

7 - Within the framework of CMB legislation; giving information about donations made by the company in 2021

8 - Within the framework of CMB legislation; determining the upper limit for donations to be made in 2022

9 - Determination of the number of members of the Board of Directors and their terms of duty

10 - Election of the members of the Board of Directors.

11 - Determination of the monthly gross salaries of the members of the Board of Directors and Independent Board Members

12 - Submission of the Independent Audit Firm elected by the Board of Directors for a period of one year and its term of duty to the approval of the General Assembly, pursuant to the Turkish Commercial Code No. 6102 and the Capital Markets Law No. 6362, and the secondary legislation and other relevant regulations in force in this context

13 - Under Articles 395 and 396 of the Turkish Commercial Code, authorizing: shareholders with management control, members of the Board of Directors, senior executives and their spouses and relatives related by blood or affinity up to the second degree; and also informing the shareholders regarding the transactions made in this extent in 2021 pursuant to the Capital Markets Board's Communiqué on Corporate Governance,

14 - Informing the shareholders about the transactions within the scope of principle no.1.3.6 of the CMB II-17.1 Corporate Governance Communiqué.

15 - Informing the shareholders about the guarantee, pledge, mortgage given by the Company to 3rd parties and the income and benefits obtained in 2021

16 - Wishes and Closing.

Corporate Actions Involved In Agenda

Dividend Payment

General Assembly Results

Was The General Assembly Meeting Executed?	Yes
General Assembly Results	In the Ordinary General Assembly meeting for 2021, which was held on April 21, 2022, at 13:00, at the address of Hasanağa Organize Sanayi Bolgesi, Sanayi Caddesi 16225 Nilüfer / Bursa and electronically over EGKS, the following decisions were taken in summary. -Our consolidated financial statements for 2021 prepared in accordance with the regulations of the Capital Markets Board and other matters within the scope of the Board of Directors Activity Report were accepted and resolved. -Due to the lack of distributable profit in 2021, it has been decided not to distribute profits. -It has been decided to set the upper limit for donations to be made in 2022 as TL 300,000. - It has been decided to determine the number of members of the Board of Directors as 9 members, the term of duty of the Board of Directors to be one year, and in any case, until their successors are elected. - As members of our company's Board of Directors; Mr. Inan KIRAC, Mr. Giancarlo BOSCHETTI, Mr. Okan BAŞ, Mr. Fatma Füsun AKKAL BOZOK, Ms. Mehmet Altan SUNGAR, Mr. Muhsin MENGÜTÜRK, Mr. Nevzat TÜFEKÇİOĞLU (Independent Member), Mr. Müfit ATASEVEN (Independent Member) and Mr. Ahmet Nezih OLCAY (Independent Member) has been elected. - DRT Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. was elected for 1 year term of 2022.

Decisions Regarding Corporate Actions

Dividend Payment	Discussed

General Assembly Registry

Were The Minutes Registered?	Yes
Date of Registry	17.06.2022

General Assembly Result Documents

Appendix: 1	KARSAN 21.04.2022 TUTANAK.pdf - Minute
Appendix: 2	KARSAN 21.04.2022 HAZİRUN.pdf - List of Attendants

Additional Explanations

The Ordinary General Assembly Meeting of Karsan Otomotiv Sanayii ve Ticaret A.Ş. for 2021 was registered on 17.06.2022.

It has been respectfully disclosed for the information of public.

The English translation of this disclosure is provided and in case of any discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.