KOÇ HOLDİNG A.Ş. — AGM Information 2022

Aug 25, 2022

Summary Info	Extraordinary General Assembly Resolution regarding the partial demerger transaction
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Related Companies	AYGAZ, TUPRS

Board Decision Date	25.04.2022
Demerger Model	Partial demerger through associate model
Company/Companies That Assets be Transferred Due to Demerger	Türkiye Petrol Rafinerileri A.Ş. (Tüpraş)
Scope of Activities of Company/Companies That Assets be Transferred Due to Demerger	Refinery and energy production
Capital Increase of Company That Assets be Transferred Due to Demerger	12.418.655
Will Be Applied to Stock Exchange For Listing of Company That Assets be Transferred Due to Demerger?	No
Currency Unit	TRY
Date Of Financial Statements Base To Demerger	31.12.2021
Paid-in Capital (TL)	2.535.898.050
Target Capital (TL)	2.535.898.050

Share Group Info	Paid-in Capital (TL)	Share Exchange Rate	Capital To Be Decreased Due To Demerger (TL)	Capital To Be Decreased Due To Demerger (%)	Amount Of Bonus Issue From Internal Resources Due to Demerger (TL)	Rate Of Bonus Issue From Internal Resources Due to Demerger(%)	New Shares'' ISIN	Amount of Shares Issued Due To Demerger
A Grubu, İşlem Görmüyor, TREKCHL00022	678.773.422,299
B Grubu, KCHOL, TRAKCHOL91Q8	1.857.124.627,701

Capital Market Board Application Date Regarding Demerger	29.04.2022
Capital Market Board Application Result Regarding Demerger	APPROVAL
Capital Market Board Approval Date Regarding Demerger	07.07.2022
Date of Related General Assembly	25.08.2022
Was The Issue Of Demerger Negotiated? Was It Accepted?	Accepted

Additional Explanations

As publicly disclosed on 25.04.2022; based on the review of structuring alternatives regarding Koç Group's energy companies in line with their strategic goals, it has been resolved to transfer Entek Elektrik Üretim A.Ş. ("Entek") shares corresponding to 49.62% of the registered Entek capital in our company's assets, to Türkiye Petrol Rafinerileri A.Ş. ("Tüpraş") through a partial demerger transaction through the associates model. Simultaneously, the Entek shares registered in the assets of our subsidiary Aygaz A.Ş. ("Aygaz") will be transferred by Aygaz to Tüpraş through a partial demerger transaction through the model of share transfer to its shareholders.

The abovementioned partial demerger transaction has been approved by Koç Holding A.Ş.'s Extraordinary General Assembly Meeting today.

Accordingly, the issued capital of Tüpraş will be increased from TL 250,419,200 to TL 275,256,514 due to the transaction, while the issued capital of Aygaz will be decreased from TL 300,000,000 to TL 219,800,767. While Tüpraş's issued capital will increase by TL 24,837,314 due to the takeover through demerger, issued shares with a nominal value of TL 12,418,655 will be given to Koç Holding in exchange for Entek shares and the remaining nominal value of TL 12,418,659 will be given to Aygaz shareholders in exchange for Entek shares of Aygaz, as Aygaz will be executing partial demerger transaction through the model of share transfer to its shareholders.

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.

Documents Regarding Demerger

Appendix: 1	KH tutanak_25082022_KAP.pdf - Other