OTOKAR OTOMOTİV VE SAVUNMA SANAYİ A.Ş.

Share Issue/Capital Change • Jan 28, 2025

Summary Info	Increasing the registered capital ceiling and extension of the validity period
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	28.01.2025
Related Authorized Capital Process	Increase Of Authorized Capital
Current Authorized Capital (TL)	100.000.000
New Authorized Capital (TL)	3.000.000.000
Due Date For The Authorized Capital (New)	31.12.2029
Number Of Articles Of Association Item To Be Amended	7
Capital Market Board Application Date	28.01.2025

Additional Explanations

Our Board of Directors resolved to amend the article 7 of the Company's Articles of Association titled "Capital" in order to extend the validity period of the Company's authorized capital from 2025 to the end of 2029, the fact that the registered capital ceiling limit has been exceeded with the capital increase through bonus issue made in 2023 and to increase its upper limit to TRY 3,000,000,000 considering the impact of inflation on the current upper limit which set in 2013 and the increase in funds that may be added to the capital and to submit the foregoing amendment to the approval of the first upcoming general assembly once the approvals of Capital Markets Board and the Ministry of Trade are obtained. An application was made to the Capital Markets Board with a request for a compliance opinion on 28.01.2025.

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, the Turkish version shall prevail.

Supplementary Documents

Appendix: 1	Ek Tadil Tasarı TR.pdf
Appendix: 2	Ek Tadil Tasarı ENG.pdf