Sale of Shares Bought-Back by Exsa

As per the share buyback program, which was initiated with the resolution dated 22.12.2015 of the Board of Directors of EXSA Export Sanayi Mamulleri Satış ve Araştırma A.Ş. (Exsa ), and approved at the 2015 Ordinary General Assembly meeting of Sabancı Holding held on 29.03.2016, SAHOL shares with TRY 23,896,728 nominal value, representing 1.1712% of the share capital, were repurchased by Exsa, a subsidiary of Sabancı Holding, during the period between 31.12.2015 and 09.02.2016.

All of such shares with TRY 23,896,728 nominal value were sold to institutional investors by Exsa on 15.12.2022 at a price of TRY 37.60 per share through block sale method executed on Istanbul Stock Exchange.

As previously announced at the 2016 Ordinary General Assembly meeting of Sabancı Holding held on 30.03.2017, the aforementioned share buyback program carried out by Exsa has been completed. On the other hand, the share buyback program initiated with the resolution dated 09.11.2021 of the Board of Directors of Sabancı Holding is still in effect and further buybacks will be executed based on the market conditions.