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Material Event Disclosure - Announcement Regarding the Change in Management

6/27/2016

Dear Respected Shareholders and Investors,

Ziya Kayacan, who joined Bizim Toptan in 2011, and served as Group Chief Financial Officer (Group CFO) of our company, moved from his position for taking another role in one of the Yıldız Holding’s companies.

Ertan Kirez, CFO of Penta Teknoloji Ürünleri Dağıtım Tic. A.Ş. (one of the subsidiaries of Yıldız Holding A.S.), has been appointed as Group Chief Financial Officer (CFO) of our company as of today.

Please find attached in PDF Ertan Kirez’s CV.