Reference: Public Disclosures of Türkiye İş Bankası A.Ş. (İşbank) on 04.04.2024, 05.04.2024, 22.04.2024.
While the processes regarding our official applications made in accordance with the relevant legislation are ongoing, within the context of the resolution made by Türkiye İş Bankası A.Ş. Board of Directors regarding "partial facilitated demerger through associate model" in order to manage subsidiaries and affiliates under a holding company which will be incorporated as a 100% subsidiary of our Bank, it is no longer possible to finalize the transaction within the legal period up until 31 August 2024. Following this date, it will be further evaluated whether a new application is to be made, taking into account the evaluations from the relevant institutions.
Respectfully announced to the public.
This is the translation of the Turkish public disclosure made by Türkiye İş Bankası A.Ş. through the Public Disclosure Platform, under the Material Events Guideline prepared in accordance with the Communique of Material Events, numbered II-15.1. According to the Material Events Guideline and the regulations, the Turkish public disclosure shall prevail.
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