ŞEKERBANK T.A.Ş.

Registration Form • May 23, 2025

The Amendment of Article 8 of the Bank's Articles of Association entitled "The Share Capital"

OLD VERSION	NEW VERSION
THE SHARE CAPITAL	THE SHARE CAPITAL
Article:8- : The Bank has adopted the registered capital system in	Article:8- : The Bank has adopted the registered capital system in
accordance with the provisions of the repealed Capital Market Law	accordance with the provisions of the repealed Capital Market Law
No. 2499 and transitioned to registered capital system by means of	No. 2499 and transitioned to registered capital system by means of
the authorization number 5/47 dated 18.01.2002 of the Capital	the authorization number 5/47 dated 18.01.2002 of the Capital
Markets Board.	Markets Board.
The upper limit of registered capital of the Bank is TL	The upper limit of registered capital of the Bank is TL
2.500.000.000,- divided into 2.500.000.000 shares each with a	3.500.000.000,- divided into 3.500.000.000 shares each with a
nominal value of TL 1 (One).	nominal value of TL 1 (One).
The upper limit approval for the registered capital granted by the	The upper limit approval for the registered capital granted by the
Capital Markets Board is valid for the years of 2020-2024 (5 years).	Capital Markets Board is valid for the years of 2025-2029 (5
Even if the upper limit of the registered capital is not reached at the	years). Even if the upper limit of the registered capital is not
end of 2024, it is required that authorization be required to be	reached at the end of 2029, it is required that authorization be
obtained for a new period from the general assembly no more than	required to be obtained for a new period from the general assembly
5 years by obtaining permit from the Capital Markets Board for the	no more than 5 years by obtaining permit from the Capital Markets
upper limit permitted previously or a new upper limit. In case of	Board for the upper limit permitted previously or a new upper limit.
failure to obtain such authorization, no capital increase can be made	In case of failure to obtain such authorization, no capital increase
by means of the resolution of the Board of Directors.	can be made by means of the resolution of the Board of Directors.
The issued capital of the company is TL 2.500.000.000 and such	The issued capital of the company is TL 2.500.000.000 and such
issued capital has been fully paid up without any collusion.	issued capital has been fully paid up without any collusion.
The shares representing the capital are followed up within the	The shares representing the capital are followed up within the
framework of the principles of dematerialization.	framework of the principles of dematerialization.
The capital of the Bank may be increased or decreased within the	The capital of the Bank may be increased or decreased within the
framework of the provisions of the Turkish Commercial Code and	framework of the provisions of the Turkish Commercial Code and
Capital Market Law.	Capital Market Law.
The Board of Directors is authorized to increase the issued capital	The Board of Directors is authorized to increase the issued capital
by issuance of new shares up to the upper limit of the registered	by issuance of new shares up to the upper limit of the registered
capital at such times as it wishes in accordance with the provisions	capital at such times as it wishes in accordance with the provisions
of the Capital Market Law and take resolution on the subjects of	of the Capital Market Law and take resolution on the subjects of
issuance of premium shares or shares under their nominal values	issuance of premium shares or shares under their nominal values
with restriction of the rights of shareholders to acquire new shares.	with restriction of the rights of shareholders to acquire new shares.
The power to restrict the rights to acquire new shares cannot be	The power to restrict the rights to acquire new shares cannot be
exercised in such a way that inequality will be given risen to among	exercised in such a way that inequality will be given risen to among
shareholders.	shareholders.