TÜRKİYE VAKIFLAR BANKASI T.A.O.

Share Issue/Capital Change • Feb 8, 2023

Summary Info	About the Application Approvement to CMB regarding the Registered Capital Ceiling
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	26.01.2023
Related Authorized Capital Process	Increase Of Authorized Capital
Current Authorized Capital (TL)	10.000.000.000
New Authorized Capital (TL)	25.000.000.000
Due Date For The Authorized Capital (New)	31.12.2027
Number Of Articles Of Association Item To Be Amended	6
Capital Market Board Application Date	30.01.2023
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	08.02.2023

Additional Explanations

Reference: VakıfBank Public Disclosure Dated January 27, 2023.

It was announced with the referred disclosure that, the Head Office was authorized regarding the approval of shareholders in the first upcoming Ordinary General Assembly meeting, it has been decided that due date for the registered capital ceiling which was approved by CMB will be extended to the period of 2023-2027, new registered capital ceiling shall increase to TL 25.000.000.000 from TL 10.000.000.000 and the article 6 of "VakifBank Articles of Incorporation", which is related to capital, shall be amended accordingly. Within this context, Head Office has been authorized to carry out all necessary applications to Capital Markets Board (CMB) and other relevant authorities.

In this context; related application process to Capital Market Board (CMB) has been approved.

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

Supplementary Documents

Appendix: 1	Esas Sözlesme Degisikligi imzalı.pdf