REG-Turkiye Garanti Bankasi A.S. Turkiye Garanti Bankasi A.S.: Information regarding the results of Ordinary General Shareholders' Meeting

Turkiye Garanti Bankasi ASAnnouncement

01/04/2026 12:15

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   Turkiye Garanti Bankasi A.S. (TGBD)
   Turkiye Garanti Bankasi A.S.: Information regarding the results of
   Ordinary General Shareholders' Meeting

   01-Apr-2026 / 12:14 GMT/BST

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   TO: Investment Community

         FROM : Garanti BBVA / Investor Relations

   SUBJECT: Information regarding the results of Ordinary General
   Shareholders' Meeting

   DATE: March 31, 2026

    

   The Ordinary General Shareholders’ Meeting of the Bank for 2025 accounting
   period was held on Thursday March 31st  , 2026, at 10 a.m. at the  address
   of  Levent,  Nispetiye  Mahallesi,  Aytar  Caddesi  No:2  34340  Beşiktaş,
   İSTANBUL and it is resolved that;

    

     • The Board of Directors’ Integrated Annual Activity Report be approved,
     • The Financial Statements for the year 2025 be approved,
     • The Board Members be released for their activities in the year 2025,
     • From the after-tax profit of the Bank for the year 2025 in the  amount
       of TL  110.604.633.236,86   in accordance   with   Article 45  of  the
       Articles of Association of our Bank titled as the “Distribution of the
       Profit”; the gross cash dividend in the amount of TL 22.120.926.647,37
       be distributed to our Shareholders, dividend distribution be initiated
       on 07.04.2026, the Head  Office be authorized to  conduct any and  all
       acts regarding the  distribution of profit  and 92.560.474,86  Turkish
       Liras which was recognized as income in prior periods’ profit or  loss
       account in  2025 due  to Accounting  Standards be  transferred to  the
       Extraordinary Reserves Account, 
     • The surplus amount of 9.997.134.861,77  Turkish Liras occurred as  the
       result of the  revaluation (calculated through  the revaluation  under
       paragraph “ç” of Repeated Article 298 of the Tax Procedure Law) of the
       Bank’s  immovable   properties  and   other  depreciable   assets   be
       transferred from Extraordinary Reserves  Account to a special  reserve
       account,
     • Güney Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. (EY)
       be selected as the auditor of the Bank and the group for the year 2026
       in accordance with Article 399 of the Turkish Commercial Code as  well
       as for  the sustainability  audit  in respect  of  the reports  to  be
       prepared in  accordance  with  the  Turkish  Sustainability  Reporting
       Standards issued  by the  Public Oversight,  Accounting, and  Auditing
       Standards Authority,
     • An upper limit  to be  paid to the  Board members  until the  ordinary
       general shareholders’ meeting to be held in 2027 be determined,
     • An upper limit  for the  charitable donations to  be made  in 2026  be
       determined in accordance with  the Article 59 of  the Banking Law  No.
       5411, as not to exceed four per thousand of equity of the Bank,
     • The Board Members be  authorized in accordance  with Articles 395  and
       396  of  the  Turkish  Commercial  Code,  without  prejudice  to   the
       provisions of the Banking Law.
     •  

   Moreover, the Independent Auditor’s Report for the year 2025 was read  and
   the Bank’s shareholders were informed on;

    

     • The undistributed portion of the profit of the year 2025,
     • The remuneration principles of the Board Members and directors  having
       administrative responsibilities, in accordance  with Article 4.6.2  of
       the Capital Markets  Board’s Corporate Governance  Principles and  the
       revised Compensation Policy,
     • The charitable donations made to institutions and organizations in the
       amount of 146.489.333,53  Turkish  Liras in 2025 which  is the sum  of
       tax deductible donations in the amount of 92.906.707,53  Turkish Liras
       and tax non-deductible donations in the amount of 53.582.626   Turkish
       Liras, 
     • The significant transactions executed in 2025 which may cause conflict
       of interest, in accordance with Article 1.3.6 of  the Capital  Markets
       Board’s Corporate Governance Principles.

   The meeting  minutes, list  of participants  and the  profit  distribution
   table  are  attached   hereto.  (The  meeting   minutes  and  the   profit
   distribution table  are  in  Turkish  and English,  whereas  the  list  of
   participants is in Turkish.)

    

   *In contradiction between the Turkish and English versions of this  public
   disclosure, the Turkish version shall prevail.

    

   We declare that our above statements are in conformity with the principles
   included in the  Board’s Communiqué,  Serial II Nr.15.1,  that it  exactly
   reflects the information we received;  that the information complies  with
   our records,  books and  documents; that  we did  our best  to obtain  the
   correct and complete information relative to this subject and that we  are
   responsible for the declarations made in this regard.

    

   Yours sincerely,

   Garanti BBVA

   Contact Garanti BBVA Investor Relations:

   Tel: +90 212 318 2352

         Fax: +90 212 216 5902

         E-mail:  1 investorrelations@garantibbva.com.tr

          2 www.garantibbvainvestorrelations.com

    

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   Attachment

   File:  3 Information regarding the results of Ordinary General
   Shareholders' Meeting

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   Dissemination of a Regulatory Announcement, transmitted by  4 EQS Group.
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   ISIN:          US9001487019
   Category Code: AGM
   TIDM:          TGBD
   LEI Code:      5493002XSS7K7RHN1V37
   Sequence No.:  422856
   EQS News ID:   2302362


    
   End of Announcement EQS News Service

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References

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