Material Event Disclosure (General)
In our material event disclosure dated 02.09.2025,
It was announced that it had been notified to our Company Gelecek Varlık Yönetimi A.Ş. ("Company") by the Fiba Holding A.Ş. ("Fiba Holding") which is the controlling shareholder of the Company by holding 69.9% of its share capital, that at the meeting of the Board of Directors of Fiba Holding held on September 1st 2025, it was resolved that out of the TRY 97,653,021 nominal value of non-publicly traded shares held by Fiba Holding in its portfolio, which represents the aggregate 69.9% of the Company's share capital; shares in the nominal value of TRY 13,131,800, corresponding to 9.4% of the total share capital, shall be converted into publicly traded shares and since the aforementioned transaction exceeds the 3% threshold stipulated under Article 27, paragraph 1(a) of the Communiqué on Shares (VII-128.1) published by the Capital Markets Board ("CMB") in the Official Gazette dated 22.06.2013 and numbered 28685, and pursuant to the CMB's Principal Resolution dated 14.02.2023 and numbered 9/178, Fiba Holding had submitted the share sale information form, prepared for the conversion of the Company's non-publicly-traded shares into publicly-traded status, to the approval of the CMB on September 2nd, 2025.
Fiba Holding A.Ş. informed our Company that, at its Board of Directors meeting on October 7th, 2025, it had decided to withdraw the application made to the CMB for approval of the share sales information form related to the transaction mentioned in the aforementioned disclosure.