TÜRK EKONOMİ BANKASI A.Ş. Outcome of General Assembly Meeting Address Telephone No. Fax No. Telephone No. of Investors/Shareholders Relations Unit Fax No. of Investors/Shareholders Relations Unit Is the declaration Updated? Is the declaration Postponed? Summary Type of General Assembly Date and Time Commencement Date of Accounting Period Expiry Date of Accounting Period Was General Assembly convened? TEB Kampüs C ve D Blok, Saray Mahallesi, Sokullu Caddesi, No: 7A-7B Ümraniye/İSTANBUL 216 - 635 35 35 216 - 636 36 36 216 - 635 35 35 216 - 636 36 36 No No Resolutions of the Ordinary General Assembly Meeting dated 25.03.2014 Ordinary 25.03.2014, 10:00 01.01.2013 31.12.2013 Yes During the General Assembly Meeting of our Bank dated 25.03.2014, the Board of Directors’ Activity Report for the year 2013 and the financial statements for the year 2013 were approved. The members of the Board of Directors have been released from the transactions for the year 2013, Regarding distribution of profit of 2013 calendar year, it was resolved; Resolutions Passed to transfer whole balance of the profit of the remaining amount of TRY.508.294.007,41 to the extraordinary reserves after setting aside, as proposed by the Board of Directors, primary legal reserve of TRY.26.752.316,20, the profit distributed to the holders of the founder jouissance certificates of TRY.0,43 in accordance with Article 348 of the Turkish Commercial code numbered 6102 and the general legal reserve of TRY.0,05 from the total profit amount of TRY.535.046.324,09 our Bank’s 2013 Financial Statements, and to distribute the profit as of 3 April 2014. The annual audit report prepared by the Independent Audit Firm, Başaran Nas Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. was read and submitted to the general assembly’s information. Furthermore, “Başaran Nas Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş.” (is appointed as the independent auditor and group auditor for auditing of financial statements of the year 2014. It was resolved; To determine number of Board Members as 14 (fourteen) and their term of office to be continued until the first Ordinary General Assembly meeting to be held in 2015; To appoint the following persons as Board Members: - Yavuz CANEVİ - Dr. Akın AKBAYGİL - Ümit Leblebici - Jean Paul SABET - Ayşe AŞARDAĞ - Sabri DAVAZ - Jean-Milan Charles Dominique GIVADINOVITCH - Yvan L.A.M. DE COCK - Alain Georges Auguste FONTENEAU - Jacques Roger Jean Marie RININO - Musa ERDEN - Henri Simon Andre FOCH, To appoint the following persons as Independent Board Members: - Alain KOKOCINSKI - İsmail YANIK, To also appoint Dr. Akın AKBAYGİL (T.R. Identity No: 35773671492) and Jean-Milan Charles Dominique GIVADINOVITCH (Nationality: French, Tax Identity No: 3950844697), who will be appointed as Audit Committee members, as Independent Board Members as per the Capital Markets Board’s “the Communiqué on Corporate Governance s (II-17.1)”. It has been resolved to make payment to Alain Kokocinski in the gross amount of TRY.6.000,- for his duty of being an Independent Board Member up until the expiry date of his term of duty, and not to pay any attendance fee to other Board Members for their duties. The maximum amount of donation to be within the year of 2014 to various institutions and organisations was determined as TRY.1.750.000,-. The donations that are made for the year 2013 and the Pricing Policy is submitted to the information of General Assembly. Is there any issue leading to Articles of Association Amendment regarding No Commercial Title amongst resolutions passed? Is there any issue leading to Articles of Association Amendment regarding Field of No Business amongst resolutions passed? Is there any issue leading to Articles of Association Amendment regarding No Company Headquarter amongst resolutions passed? Information in relation to processes set forth in agenda items Was distribution of dividend discussed? Type of cash dividend distribution Information on Share Group Yes Cash dividend distribution will not be made. Cash Dividend to be paid to the share with a nominal value of TRY 1 – Gross (TRY) TEBNK (Previous), TRATEBNK91N9 Will any dividend be distributed as a share? 0,0000000 Cash Dividend to be paid to the share with a nominal value of TRY 1 – Net (TRY) 0,0000000 No ADDITIONAL EXPLANATIONS: Minutes of Türk Ekonomi Bankası A.Ş. Ordinary General Assembly Meeting held on 25 March 2014, profit distribution chart and attendees list, are enclosed. We hereby state that the above explanations comply with the provisions of the Communiqué of the Capital Markets Board on Material Events (II-15.1)they fully represent the information which we received on this issue/issues, the declared information is compatible with the documents, related books and records of the Company, we used all the efforts to gather the information complete and accurate and we are responsible for the explanations stated above.