YAPI VE KREDİ BANKASI A.Ş.

The Board of Directors of our Bank has decided to present the current independent board member, Ms. Virma Sökmen, as "independent board member candidate" to the General Assembly, in line with the decision of the Corporate Governance Committee's evaluation. In this context, considering the competencies that can be seen from the resume of Ms. Virma Sökmen, who does not meet the criterion of "not having served on the board of directors for more than six years within the last ten years," an application has been made to the CMB for the approval to temporarily appoint her as an independent board member within the framework of paragraph 5 of Article 6 of the Regulation, for a limited period of up to one year.

The CMB has notified our Bank that it has decided not to issue any negative opinions regarding the independent board member candidate Ms. Virma Sökmen, by granting an exception as specified in paragraph 5 of Article 6 of the Regulation for Ms. Virma Sökmen. Therefore, at the upcoming ordinary general assembly meeting Ms. Virma Sökmen will be presented to the general assembly for approval as independent board candidate.

In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.