Acquisition of AvivaSA Shares by our Business Partner Ageas

Aviva Group have previously announced that they will focus on their businesses in the United Kingdom, Ireland and Canada, and to explore its options regarding their joint-ventures. Subsequently, as a demonstration of their trust in Turkish economy and its insurance industry, Ageas Group have conveyed their intention to extend our successful and long-lasting partnership in non-life insurance into life insurance and pension market.
In light of these developments, it has come to our knowledge that a Share Purchase Agreement dated 23.02.2021 was signed by and among Ageas Group and Aviva Group, and accordingly Ageas agreed to acquire all AvivaSA shares from Aviva with TRY 72,000,006.72 nominal value representing 40% of the share capital. Upon the completion of closing procedures that are set forth in the Share Purchase Agreement, AvivaSA shares belonging to Aviva will be transferred to Ageas, according to our knowledge.