Share Buyback Policy

By the decision of our Company's Board of Directors held on 28.04.2023

1) In accordance with Capital Market Board's Communique II-22.1 on Share Buybacks with the resolution numbered 9/177 and dated 14.02.2023, due to the current market price of Aksa Enerji Üretim A.Ş.'s shares traded at Borsa İstanbul is deemed ineffective in reflecting the true value and fundamentals of Aksa Enerji Üretim A.Ş, in order to protect our shareholders, to contribute to the fair valuation of our shares and in order to maintain the trust of our investors, our Board of Directors resolved to initiate a share buyback program from the market,

2) to determine the maximum number of shares that may be subject to buy-back will be in number of shares 30,000,000 (nominal TRY 30,000,000),

3) to determine share buy back fund amount as TRY 1,000,000,000 maximum, subject to cover it from Company internal sources,

4) To determine the share buy-back programme as 1 (one) year from the date of approval by the Board of Directors,

5) To authorize the Company management for the fulfillment of buy-back transactions,

6) to present the share buyback program and the buyback to be made within the scope of the program to the information of the shareholders at the first General Assembly Meeting,

Kind regards,