TÜRKİYE VAKIFLAR BANKASI T.A.O.

Share Issue/Capital Change • Jan 27, 2023

Summary Info	About the Board Decision of Registered Capital
Update Notification Flag	No
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

Additional Explanations

With the Bank's Board of Directors' decision dated January 24th, 2019; being presented to the approval of shareholders in the first upcoming ordinary general assembly meeting, it has been decided that validation period of registered capital which was approved by CMB will be extended to 2013-2027, 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.

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	AMENDMENTS IN VAKIFBANK ARTICLE OF INCORPORATION1.pdf
Appendix: 2	EsasSözleşme Değişikliği.pdf