TURKCELL İLETİŞİM HİZMETLERİ A.Ş.

M&A Activity • Apr 26, 2023

Summary Info	Announcement Regarding the Facilitated Merger of Beltel Telekomünikasyon Hizmetleri A.Ş. with Turkcell / CMB Application
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	30.03.2023
Merger Model	Merger Through Acquisition
Date Of Financial Statements Base To Merger	31.12.2022
Currency Unit	TRY

Acquired Company	Trading On The Stock Exchange/Not Trading On The Stock Exchange	Share Exchange Rate	Group of Share To Be Distributed To Acquired Company Shareholders	Form of Share To Be Distributed To Acquired Company Shareholders
Beltel Telekomünikasyon Hizmetleri A.Ş.	Not Trading On The Stock Exchange

Share Group Info	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital	New Shares To Be Given Due To Merger
A Grubu, İşlem Görmüyor, TRETCEL00012	330.000.000			330.000.000
B Grubu, TCELL, TRATCELL91M1	1.870.000.000			1.870.000.000

	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital
TOTAL	2.200.000.000 TL	0 TL	0 TL	2.200.000.000 TL

Capital Market Board Application Date Regarding Merger	26.04.2023

Additional Explanations

Our Company applied* to the Capital Markets Board ("CMB") on April 26, 2023 for the "Merger via Facilitated Procedure" with our wholly owned subsidiary Beltel Telekomünikasyon Hizmetleri A.Ş. ("Beltel").

*The announcement text and merger agreement submitted for the CMB approval are available in Turkish on our website.

Documents Regarding Merger

Appendix: 1	Birleşme Sözleşmesi - 26.04.2023.pdf - Merger Contract
Appendix: 2	Duyuru Metni - 26.04.2023.pdf - Announcement Text