TÜRKİYE VAKIFLAR BANKASI T.A.O.

Share Issue/Capital Change • Mar 31, 2023

Summary Info	About Amendment of the Articles of Incorporation regarding Finalization of Capital Increase Transactions
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	21.03.2023
Authorized Capital (TL)	10.000.000.000
Paid-in Capital (TL)	7.111.364.116,754
Target Capital (TL)	9.915.921.522,538

Rights Issue (Allocated)

Share Group Info	Paid-in Capital (TL)	Amount of Private Placement Through Capital Increase By Restraining Preemptive Rights (TL)	Proportion of Private Placement Through Capital Increase By Restraining Preemptive Rights To The Capital (%)	New Shares'' ISIN	Form	Amount of Shares Cancelled (TL)
A Grubu, İşlem Görmüyor, TREVKFB00027	1.075.058.639,562
B Grubu, İşlem Görmüyor, TREVKFB00035	390.264.578,716
C Grubu, İşlem Görmüyor, TREVKFB00043	404.080.059,095
D Grubu, VAKBN, TREVKFB00019	5.241.960.839,381	2.804.557.405,784	53,50206	D Grubu, VAKBN, TREVKFB00019	Registered

	Paid-in Capital (TL)	Amount of Private Placement Through Capital Increase By Restraining Preemptive Rights (TL)	Proportion of Private Placement Through Capital Increase By Restraining Preemptive Rights To The Capital (%)	Amount of Shares Cancelled (TL)
TOTAL	7.111.364.116,754	2.804.557.405,784	39,43768

The Person Increased Capital Devoted	TÜRKİYE VARLIK FONU

Additional Explanations

Reference: VakıfBank Public Disclosure Dated on March 29th, 2023

It was announced with the referred disclosure that VakıfBank's capital increase process was consummated.

On March 30th, 2023 the Board of Directors resolved on amending the Article 6 of VakıfBank's Articles of Association by incorporating the new paid-in capital, filing the necessary applications with the CMB and the BRSA for the approval of the amendments, registration and announcement of capital increase following the CMB and the BRSA's approval.

According to the CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.