KLİMASAN KLİMA SANAYİ VE TİCARET A.Ş.

Transaction in Own Shares • Nov 14, 2018

Summary Info	Disclosure regarding to the Share Buy Back.(This announcement is the English version of the Disclosure announced in Turkish on 12.11.2018) This statement has made no changes in the Turkish version
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Company Performs the Buy-Back	KLİMASAN KLİMA SANAYİ VE TİCARET A.Ş.
Company Subject to Buy-Back	KLİMASAN KLİMA SANAYİ VE TİCARET A.Ş.

Type Of Buy-Back	Other
Board Decision Date	12.11.2018
Number Of Shares To Be Acquired	3.960.000
Maximum Amount To Be Paid (TL)	20.000.000

Additional Explanations

The Board of Directors of our Company resolved the following decisions.

1. In accordance with CMB's announcements dated 21.07.2016 and 25.07.2016,in order to decrease adverse effect, in the event the extraordinary situation at the markets and/or to invest the cash surplus held by the company in Turkish Lira, our company can buy back our shares at BIST,

2. To be bought back will not surpass 10% of our paid-in capital, (3.960.000 shares) and the maximum fund to be allocated to share buyback will be 20.000.000 TL,

3. To authorized Financial Affair Director Serkan Uyanık and General Manager Can Sayar to execute the buyback transactions within the determined limits.

4. The share buy back program will be executed according to this Board of Director's resolution and the information regarding the Share Buyback Program will be provided at the next General Assembly,

5. To disclose as the resoluiton has taken by the Board of Directors with no price target and price expectation.