MKK in Brief  Central Securities Depository of Turkish Capital Markets for all dematerialized securities  Turkish capital market is fully dematerialized  Beneficial-owner based system with the opportunity of having «omnibus accounts» for foreign CSDs & ICSDs (~25 million investors - 45 million accounts)  System integration with «Ministry of Internal Affairs» & «Ministry of Finance»  Supervised & Regulated by the Capital Markets Board of Turkey (CMB) and Central Bank of Turkey  Officially Licensed by Turkish Government as «R&D Center»  In-house developed depository system (CDS) & Investor Services (under e-MKK Portal)  Direct Link with the Austrian CSD – OeKB  Officially Authorized by the CMB to establish a «Trade Repository»  Target Live: Date Q

e-CAS : Investor Notification Random Report Delivery IVR System/ Call Center Mobile Blockage Electronic Report Posting System  Instant Notifications  Account Movements  Information on Corporate Actions  Periodic Notification  Portfolio Status  Account Movements  Monthly 10,000 Investors  Portfolio Status  Information  Portfolio Status  Account Movements  Reports  Investor Blockages AloMKK ( ) Mobile Services SMS Electronic Reports ( ) Electronic Notification (SMS & ) Random Notifications 3 e-GOVERNANCE : Corporate Governance & Investor Relations e-GEM : Electronic General Meeting e-DATA : Capital Markets Data Bank Participation to General Assembly meetings by remote access & mobile applications - voting by electronic means Distribution of capital markets data by econometric models Rise (Investor Risk Appetite Index) Communication bridge between companies and shareholders Real time notification of investors regarding the movements in their accounts e-WAREHOUSE RECEIPT : Electronic Warehouse Receipt Center Conversion of agricultural products to electronic warehouse receipts e-COMPANY : Companies Information Portal Single centre for presentation of data and information on all companies in Turkey MKK in Brief

Innovation in General.. INNOVATION Intriguing Novelty Out of the Box Vivid Appealing Third-generation Natty Adaptable Imaginative Obscure Valiant Thrilling

Innovation in «General Meetings Processes» High Cost of Complimentaries? «Food & Drinks» Procedural Constraints? «Physical Attandance Obligations» Lack of Operational Resources? «Comfy Chairs» ? Innovation Triggers

Innovation for us.. Cumbersome GM Processes Barriers to Cross- Border Voting Limited Use of Technology Regulatory Constraints Compliance to Corporate Governance Principles

eGEM; a CSD-specific, multilingual system which is adaptable to local systems (beneficial owner based or hybrid) and practices.  Electronic assignment of proxies, monitoring of resolutions, attendance and voting (before and during the meeting).  Flow of information through a secure electronic environment which would also facilitate ‘STP’ from issuer to end-investor;  Minimizing operational costs attached to general meeting processes (for issuers/investors/custodians/CSDs)  Individual & tailor-made screens for different user types,  Live broadcasting of physical GMs, direct communication between shareholders, proxies and company representatives during the meeting.

Compliance with the Regulations :e-GEM is fully compliant with; EU Shareholder Rights Directive Market Standards on General Meetings Council of Institutional Investors Principles No shares blockage (Record Date)No shares blockageAccuracy Convocation 21 days No delay for meeting notice (a standard format with considerable amount of info) Timeliness Shareholders participation by electronic means Accessibility Proxy Voting shall be allowedCertainty Appointing proxy by electronic means Cost-effectiveness Voting results (on the 15th day latest)

Electronic Participation Statement / Proxy Appointment 1 2 Meeting Notice Delivery of the Meeting Notice Delivery of the Call BEFORE THE MEETING

HOSTING FIRM TRANSFER OF VOICE AND IMAGE TEXT DURING THE MEETING Vote/Comment

Years 2012 (Q4 only) (Q1 end) Total General Meetings # of GM’s Held Max # of GM’s held a day Attendance (Investor) Total electronic attendance9413,46416,62512,20942,389 Total physical attendance1056,3395,2361,79213,428 Max # of e-attandance Physicale-GEM Statistics...

12 PDP is the primary official source of information for Borsa Istanbul companies, who are required to publicly disclose; their financial statements, any material or other events (Monthly notifications, Net asset value statements, Articles of Association, Fund Charter, Prospectus, circular, Notifications regarding the mergers, acquisitions and divestures, General information form of the company, Tender offer information form). PDP is an electronic system through which electronically signed notifications are publicly disclosed. Notifications are submitted to PDP through electronic certificates. GENERAL INFORMATION & STATISTICS Platform Operational Hours7/24 Number of Data Vendors Linked to Platform17 Number of Sub-Vendors Linked to Platform16 Number of Companies Covered by the Platform559 Number of Platform Users3,000 Number of PDP Members1,532 Number of Notifications Sent in ,000 Public Disclosure Platform (PDP)

Company Information Corporate Actions Announcements COMPANY/ISSUER Custodians Intermediaries Meeting Notice Entitlement Date/Record Date Full STP in all CA Related Notification Processes ISO15022 ISO20022 ISO15022 ISO20022

Plans for 2015 & Beyond..  «e-GEM» SWIFT Integration for ISO & formats  Public Disclosure Platform – PDP Upgrade v4.0 e-GEM Integration XBRL Compatibility  Implementation of international industry standards in core (Full STP in Corporate Actions Operations, ISO20022, LEI, etc.)  Maximizing Revenues from Ancillary & Value-Added Services (50%)  Innovative IT Services - Software Development & Distribution Nasdaq OMX Partnership 14

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