TÜRKİYE VAKIFLAR BANKASI T.A.O.

AGM Information • Jun 14, 2024

Ordinary General Assembly Meeting of VakıfBank for 2023 was held on June, 6th, 2024, at 10:00 am at VakıfBank Head Office located in Istanbul Finanskent Mahallesi Finans Caddesi No:40/1 Ümraniye and the following resolutions have been taken in the General Assembly Meeting;

• Auditors' Report and 2023 Financial Statements have been approved by the majority of the votes,

• Board members have been discharged relating to the activities of the Bank during the year of 2023,

• Board of Directors' proposal regarding the usage of 2023 profit and the amount of profit to be distributed have been approved,

• Transferring from extraordinary reserves to the special fund account in return for the revaluation fund resulting from the revaluation application within the scope of the temporary article 32 and the duplicated article 298-ç of the Tax Procedure Law No. 213 has been approved by the majority of the votes,

• About election of the board, below mentioned board members selected by the majority of the votes:

Representing Class A:

• Mr. Mustafa Saydam, Mr. Abdi Serdar Üstünsalih and Mr. Abdulkadir Aksu (as Independent Board Member) has been decided to continue their duties,

Representing Class (B):

• Mr. Adnan Ertem has been decided to continue his duty,

Representing Class (C):

-Mr. Şahin Uğur has been elected for three years and Mr. Haydar Kemal Kurt (as Independent Board Member) has been elected for three years,

Representing Class (D):

-Mr. Halil Çelik (as Independent Board Member) has been elected for three years,

• Board Members without representing any class:

-Mr. Sadık Yakut and Mr. Cemil Ragıp Ertem have been decided to continue their duties,

• Mr. Mehmet Emin Baysa and Mr. Hasan Türe have been re-elected to the Audit Board,

• While net salary of Board members who has a duty in public service has been determined as TL 47,610 per month and net salary of Board members who do not have any duty in public service has been determined as TL 85,560 per month.

• Net salary of Audit Board members who has a duty in public service and Audit Board members who do not have a duty in public service has been determined as TL 38,640 per month.

• Board members have been authorized to conduct business with the Bank in accordance with Articles 395 and 396 of the Turkish Commercial Code without prejudice to the provisions of the Banking Law.

• As per Turkish Commercial Code and capital markets legislation, Güney Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. (Ernst&Young) has been elected as the independent audit company of the Bank for the financial year of 2024.

• Shareholders have been informed regarding the TL 12,019,436,560 cash donations made due to the earthquake in 2023 within the scope of Presidential Decree No. 124 and TL 733,852,146.48 amount of total donation and aids as scholarship, educational donations and aids to social foundations in accordance with the authorization of the Board of Directors and Board decisions.

• Shareholders have been informed regarding share buyback transactions.

• Shareholders have been informed regarding the sustainability activities of the Bank.