Resolutions of the Board of Directors

28.3.2016

At the Board of Directors meeting dated March 28, 2016,
It was resolved by the Board that the matter of distribution on June 20, 2016 of total amount of cash dividend TRY 55,222,123.83, consisting of payment of gross TRY 0.3709488, net TRY 0.3153065 to one share with a nominal value of TRY 1.- as to be paid from the period profit of 2015 and previous years’ profits and as to ensure 37.095% dividend distribution on the basis of our issued capital amounting to TRY 148,867,243.- would be submitted to the General Assembly for ratification.

1.3.2016
At the Board of Directors meeting dated 01.03.2016;
It was resolved that the matter of authorization and appointment of DRT BağımsızDenetimveSerbestMuhasebeci Mali Müşavirlik A.Ş.” as the independent audit company as per the related regulations of the Capital Market Board, Turkish Commercial Code and Energy Market Regulatory Authority upon recommendation of our Company’s Audit Committee of our Company would be submitted to the General Assembly for ratification.

At the Board of Directors meeting dated April 6, 2015
It was resolved by the Board that the matter of distribution on December 31, 2015 of total amount of cash dividend TRY 91,464,686.80.- consisting of payment of gross TRY 0.6144044, net TRY 0.5222437 to one share with a nominal value of TRY 1.- as to be paid from the period profit of 2014 and previous years’ profits and as to ensure 61.44% gross dividend distribution on the basis of our issued capital amounting to TRY 148,867,243.- would be submitted to the General Assembly for ratification.

At the Board of Directors meeting dated 27.01.2015 of our Company;
It was resolved that the merger agreement of our company, executed on 31.12.2014, the Board of Directors’ merger report would be accepted with the amendments made thereto; and would be sent to the Capital Market Board.

DISCLOSURE:
At the meeting dated 27.01.2014of our Board of Directors;
It was resolved that the amendments made to the merger agreement executed on 31.12.2014 and the Board of Directors’ merger report, as amended, would be accepted and sent to the Capital Market Board.