Other Information Regarding the Company’s Activities
As a result of the repurchasing of 18,638,563 shares with a nominal amount of TL 18,638,563 arising from the transactions made within the scope of price stability transactions according to Capital Markets Board (CMB) Communiqué Serial VII-128.1 (“CMB Communiqué on Shares”) and Borsa İstanbul A.Ş. (“BİAŞ”) Implementation Procedures and Principles Regarding the Operation of Share Market and presented under “Repurchased Shares” in the financial statements, the capital of the Company was reduced from TL 611,928,571 to TL 593,290,008 as of June 1, 2022.
No administrative or penal sanctions were imposed on the company or the members of the Board due to practices in breach of applicable laws in 2022.
The Company reached the goals it had set in 2022. The general assembly decisions taken in 2022 were implemented.
In 2022, there were no legal proceedings launched in the interest of the Company or measures taken or refrained to be taken in the interest of an affiliated company.
There is no measure taken or refrained to be taken to the detriment of the Company in 2022.
There is no lawsuit filed against the Company which may affect its financial situation and activities in 2022. As detailed in Footnote 15, provisions have been reserved for pending lawsuits.
There were no conflicts of interest between the Company and other institutions of investment advisory and rating agency and no measures taken by the Company in order to prevent conflicts of interest.