Material Event Disclosure - Board Members and Committees

With the decision of the board dated May 2, 2017; the following decisions were passed upon review of our committees pursuant to the provisions of the Corporate Governance Communiqué No:II-14.1 (“Communiqué”) of the Capital Markets Board (“CMB”);

• Independent Board Member Cengiz Solakoğlu, Board Member Mahmut Levent Ünlü and Işıl Bük (Investor Relations Manager) were selected unanimously to serve in the Corporate Governance Committee and the committee empowered to also perform the duties of both the Nomination Committee and the Compensation Committee.
• Independent Board Member Cengiz Solakoğlu and Independent Board Member Fatma Füsun Akkal Bozok were elected unanimously as members of the Audit Committee.
• Independent Board Member Fatma Füsun Akkal Bozok and Board Member Erman Kalkandelen were elected unanimously as members of the Early Detection of Risks Committee.

Also Cengiz Solakoğlu and Mustafa Yaşar Serdengeçti were selected as the Chairman of the Board and Vice Chairman of the Board respectively.