TEKFEN HOLDİNG A.Ş.

AGM Information • Apr 8, 2020

Summary Info	Registration of Ordinary General Assembly resolutions
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

General Assembly Invitation

General Assembly Type	Annual
Begining of The Fiscal Period	01.01.2019
Ending Date Of The Fiscal Period	31.12.2019
Decision Date	20.02.2020
General Assembly Date	26.03.2020
General Assembly Time	14:00
Record Date (Deadline For Participation In The General Assembly)	25.03.2020
Country	Turkey
City	İSTANBUL
District	ŞİŞLİ
Address	Tekfen Tower, Büyükdere Caddesi No.209 34394, 4. Levent

Agenda Items

1 - 1. Opening and election of the Chairman for the Meeting,

2 - Reading, discussion and approval of the 2019 Annual Report prepared by the Company's Board of Directors

3 - Reading, discussion and approval of the Independent Audit Report Summary and Financial Statements for the 2019 fiscal year

4 - Release of each member of the Board of Directors from liability for the Company's activities for the year 2019

5 - Discussion and resolution of the proposal of the Board of Directors regarding the distribution of the profit for the 2019 fiscal year

6 - Resolution of the number of the members of the Board of Directors and their terms of office, and the monthly salaries to be paid

7 - Election of the members of the Board of Directors

8 - Approval of the independent audit firm determined in accordance with CMB regulations to the approval of the General Assembly pursuant to Article 399 of the Turkish Commercial Code

9 - Informing the General Assembly about the collaterals, pledges, mortgages and income or benefits granted to third parties in the accounting period of 01.01.2019-31.12.2019

10 - Informing the General Assembly about the donations made in the fiscal year of 2019, determining the upper limit for the donations to be made in the year 2020

11 - Authorizing the members of the Board of Directors to perform the works of the Company themselves or on behalf of others, giving them permissions to perform transactions to be partners in the companies that perform similar works and to perform other transactions under Articles 395 and 396 of the Turkish Commercial Code, and, if any, briefing about the members of the Board of Directors and the persons listed in the CMB's Corporate Governance Principles Article 1.3.6 and the transactions carried out in this context in the year 2019

12 - Wishes and opinions

Corporate Actions Involved In Agenda

Dividend Payment

General Assembly Invitation Documents

Appendix: 1	TKFEN_2020_GK_Bilgilendirme_Dokümanı.pdf - General Assembly Informing Document
Appendix: 2	TKFEN_2020_GK_Bilgilendirme_Dokümanı_EN.pdf - General Assembly Informing Document

General Assembly Results

Was The General Assembly Meeting Executed?

Yes

General Assembly Results

Attached are the signed copies of minutes of the meeting and the list of attendants available in Turkish.

Decisions Regarding Corporate Actions

Dividend Payment	Discussed

General Assembly Registry

Were The Minutes Registered?	Yes
Date of Registry	31.03.2020

General Assembly Result Documents

Appendix: 1	GK tutanak 26.03.2020.pdf - Minute
Appendix: 2	TKFEN_26_03_2020_hazirun.pdf - List of Attendants

Additional Explanations

The resolutions of the Ordinary General Assembly Meeting held on 26.03.2020 have been registered by Istanbul Trade Registry Office on 31.03.2020.

The major resolutions taken at the meeting are as follows:

- Financial statements and the annual report for 2019 were approved.

- Directors were released separately and individually from their liabilities in connection with 2019 yearly accounts and activities of the Company.

- The Board of Directors' dividend payment proposal on distribution of TRY426,491,600 gross dividend to shareholders in cash is approved and it was decided to pay dividends in two equal installments, the 1st installment payment on 27 April 2020 and the 2nd installment payment on 24 September 2020.

- Total number of Directors is determined as 11, including 4 independent directors. It is resolved to elect Ali Nihat Gökyiğit, Cansevil Akçağlılar, Sinan Kemal Uzan, Murat Gigin, Mehmet Ercan Kumcu, Ahmet İpekçi, Osman Cengiz Birgili, Neriman Ülsever, Gülsüm Azeri, Şevki Acuner and Cansen Başaran-Symes as members of the Board of Directors.

- KPMG Bağımsız Denetim ve Serbest Mali Müşavirlik A.Ş . was elected as the independent auditor for the review of 2020 financial reports.