Material Event Disclosure (General)

In the non-performing loans sale conducted on February 23th, 2024 by Türkiye Garanti Bankası A.Ş., our company successfully secured the tender by submitting the highest bid for a retail portfolio with a principal amount of 531.84 million TL out of two portfolios put up for sale. 17 asset management companies joined the tender process.

It is important to note that the finalization of the tender results is subject to the approval of the Board of Directors of the bank. Once the approval is obtained, the subsequent phases, including contract execution and the transfer of the loans associated with the sale process, will commence accordingly.