KLİMASAN KLİMA SANAYİ VE TİCARET A.Ş.

Transaction in Own Shares • Dec 9, 2021

Summary Info	Share Buyback Notification
Update Notification Flag	No
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
The Purpose of Buy-Back	In case of extraordinary developments in the markets, minimizing the negative effects and/or evaluating the cash surplus held by the company in TL.
Board Decision Date	08.12.2021
Number Of Shares To Be Acquired	792.000.000
Maximum Amount To Be Paid (TL)	20.000.000

Additional Explanations

The Board of Directors of our Company resolved unanimously pursuant to Article 390 of the Turkish Commercial Code as follows that:

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 evaluate the cash surplus held by the company in Turkish Lira, our company can buy back our shares at BIST,

2. Nominal values of the bought shares cannot exceed 10% of our paid-in capital (TL 7.920.000; 792.000.000 shares), including previously bought shares. The maximum funds allocated to the share buyback will be 20.000.000 TL.

3. Mr. Kadir Çağrı Çetin as Financial Affairs Director and Mr. Alper Erol as General Manager shall be authorized to execute the buyback transactions within the determined limits.

4. The share buy-back program shall 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. this resolution which has been taken by the Board of Directors with no price target and price expectation shall be publicly disclosed.

Since the legal period of three (3) years for the previous buyback program, which was started on 12.11.2018, has legally expired, a public announcement shall be also made in this regard.