Newsletter (10 May 2021 – 16 May 2021)

i) notifications to be made to the Turkish Central Registry Agency (the “CRA”) regarding the issuance and transfer of bearer shares of non-public joint stock company; (ii) participation of the holders of the bearer share certificates (the “Shareholders”) to the general assemblies (the “GA”); and (iii) obligations of the companies to keep corporate books. It has been further stated that such amendments shall be effective as of 1 April 2021 (the “Effective Date”).