Resolutions of the General Assembly Meeting | 27/03/2014

27.03.2014

Resolutions of Ordinary General Assembly Meeting for Year 2013

Type of General Assembly Ordinary
Date and Time 27.03.2014 16:00
Financial Year Start Date 01.01.2013
Financial Year End Date 31.12.2013
Has General Assembly Convened? Yes
Decisions Made Resolutions passed in the Bank’s Ordinary General Meeting held on March 27th, 2014 are provided hereinafter:
1- Elections for the Executive Board is concluded and the Executive Board is vested with authority to sign the Minutes of the Ordinary General Meeting.
2- Reports of the Board of Directors, Corporate Governance Compliance Report, Independent Auditors Report are read, discussed and approved.
3- Balance Sheet and Profit and Loss Statement for the year of 2013 are approved.
4- The Board of Directors are discharged one by one for the transactions and accounts of the year of 2013.
5- The net profit of 2013 amounting to 326.056.885,82 TL shall be distributed in accordance with the Bank’s Articles of Incorporation, Article 47.
6- It is resolved to pay a monthly gross remuneration in the amount of 9.000.- TL (nine thousand Turkish Lira) to the Members of the Board of Directors
7- The appointment of the members of the Board of Directors substituting the members leaving their post during the year and appointment of Mr. Kamil Yilmaz as independent board member is approved.
8- The election of Akis Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş., which was selected by the Board of Directors to carry out the independent audit activities of the Bank for 2013, 2014, 2015 years, as the Independent Audit Company to serve in 2014 was approved.
9- Information regarding the donations were presented. The upper limit of donations for the year of 2014 is determined as 200.000 TL (twohundredthousand).
10- The updated version of Profit Allotment Policy is approved.
11- Disclosure Policy is presented.
12- The Board Members are authorized for the transactions depicted in Articles 395 and 396 of the Turkish Commercial Code
13- The information regarding the transactions within the scope of Article 1.3.6. of the CMB’s Corporate Governance Principles was presented to General Assembly. The General Assembly Resolutions, Participators List and Profit Distribution Table are found in the appendix.
Is there any amendment to the Main Contract regarding Trade Title among the Decisions Made? No
Is there any amendment to the Main Contract regarding Field of Activity among the Decisions Made? No
Is there any amendment to the Main Contract regarding Head Office among the Decisions Made? No
Has the subject of Distribution of Profit Share discussed? Yes
Payment Method for Cash Profit Share Advance
Share Group Information Cash Profit Share to be Paid for a Share with Nominal Value of 1 TL - Gross(TL) Cash Profit Share to be Paid for a Share with Nominal Value of 1 TL – Net (TL)
TSKB(Former),TRATSKBW91N0 0,0500000 0,0425000
Payment Date for Cash Profit Share
31.03.2014
Will Profit Share be distributed in the form of Shares? Yes
Share Group Information Decided Amount of Profit Share to be Distributed in the form of Shares (TL) Decided Percentage of Profit Share to be Distributed in the form of
TSKB(Former),TRATSKBW91N0 200.000.000,000 15,38461

It was decided that the distribution of the profit in the form of bonus share of year 2013 amounting to 200.000.000,-TL would be initiated following the approval of the issue document for the said shares by the Capital Market Board.

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