Shareholding Structure
The paid-in share capital of the Incorporation consists of 137,999,999,999 Group A shares and 1 Group C share, each with the nominal value of 1 Kurus.
Voting rights of our shareholders are as follows:
| Shareholder | Amount of Nominal Shares (TL) | Ownership (%) |
Amount of Shares (#) |
Rate of Voting Right (%) |
| Türkiye Wealth Fund (Group A) | 677,884,849 | 49.12 | 67,788,484,857 | 49.12 |
| The Republic of Türkiye Ministry of Treasury and Finance Privatization Administration (Group C) | 0.01 | <0.01 | 1 | <0.01 |
| Open for Public (Group A) | 702,115,151 | 50.88 | 70,211,515,142 | 50.88 |
| TOTAL | 1,380,000,000 | 100.00 | 138,000,000,000 | 100.00 |
Notes:
- Incorporation’s authorised capital ceiling is registered as 5 billion TL for 2020-2024 period.
- Privileges of Group C shares are stated in the Articles 7, 10 and 21 of the Articles of Association of the Incorporation.
- According to the Article 10 of the Articles of Association of the Incorporation; the shareholders holding the Group A shares open to public will have the right to nominate two of the 8 members granted to Group A shares. In order to be able nominate candidates for the Board of Directors by the shareholders holding Group A shares open for public, they are required to be represented at the rate of minimum 2 % of the total issued share capital of the Incorporation during the Shareholders Assembly in which the members of the Board of Directors will be elected. Calculation of the aforementioned rate of 2% will be based only on the Group A shares open for public.