Turkiye Garanti Bankasi A.S.: Information regarding the results of Ordinary General Shareholders' Meeting

TO: Investment Community

FROM : Garanti BBVA / Investor Relations

SUBJECT: Information regarding the results of Ordinary General Shareholders' Meeting

DATE: March 31, 2026

The Ordinary General Shareholders’ Meeting of the Bank for 2025 accounting period was held on Thursday March 31st , 2026, at 10 a.m. at the address of Levent, Nispetiye Mahallesi, Aytar Caddesi No:2 34340 Beşiktaş, İSTANBUL and it is resolved that;

• The Board of Directors’ Integrated Annual Activity Report be approved,
• The Financial Statements for the year 2025 be approved,
• The Board Members be released for their activities in the year 2025,
• From the after-tax profit of the Bank for the year 2025 in the amount of TL 110.604.633.236,86  in accordance  with  Article 45 of the Articles of Association of our Bank titled as the “Distribution of the Profit”; the gross cash dividend in the amount of TL 22.120.926.647,37 be distributed to our Shareholders, dividend distribution be initiated on 07.04.2026, the Head Office be authorized to conduct any and all acts regarding the distribution of profit and 92.560.474,86 Turkish Liras which was recognized as income in prior periods’ profit or loss account in 2025 due to Accounting Standards be transferred to the Extraordinary Reserves Account, 
• The surplus amount of 9.997.134.861,77 Turkish Liras occurred as the result of the revaluation (calculated through the revaluation under paragraph “ç” of Repeated Article 298 of the Tax Procedure Law) of the Bank’s immovable properties and other depreciable assets be transferred from Extraordinary Reserves Account to a special reserve account,
• Güney Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. (EY) be selected as the auditor of the Bank and the group for the year 2026 in accordance with Article 399 of the Turkish Commercial Code as well as for the sustainability audit in respect of the reports to be prepared in accordance with the Turkish Sustainability Reporting Standards issued by the Public Oversight, Accounting, and Auditing Standards Authority,
• An upper limit to be paid to the Board members until the ordinary general shareholders’ meeting to be held in 2027 be determined,
• An upper limit for the charitable donations to be made in 2026 be determined in accordance with the Article 59 of the Banking Law No. 5411, as not to exceed four per thousand of equity of the Bank,
• The Board Members be authorized in accordance with Articles 395 and 396 of the Turkish Commercial Code, without prejudice to the provisions of the Banking Law.
•  

Moreover, the Independent Auditor’s Report for the year 2025 was read and the Bank’s shareholders were informed on;

• The undistributed portion of the profit of the year 2025,
• The remuneration principles of the Board Members and directors having administrative responsibilities, in accordance with Article 4.6.2 of the Capital Markets Board’s Corporate Governance Principles and the revised Compensation Policy,
• The charitable donations made to institutions and organizations in the amount of 146.489.333,53  Turkish Liras in 2025 which is the sum of tax deductible donations in the amount of 92.906.707,53  Turkish Liras and tax non-deductible donations in the amount of 53.582.626  Turkish Liras, 
• The significant transactions executed in 2025 which may cause conflict of interest, in accordance with Article 1.3.6 of  the Capital Markets Board’s Corporate Governance Principles.

The meeting minutes, list of participants and the profit distribution table are attached hereto. (The meeting minutes and the profit distribution table are in Turkish and English, whereas the list of participants is in Turkish.)

*In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

We declare that our above statements are in conformity with the principles included in the Board’s Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.

Yours sincerely,

Garanti BBVA

Contact Garanti BBVA Investor Relations:

Tel: +90 212 318 2352

Fax: +90 212 216 5902

E-mail: investorrelations@garantibbva.com.tr

www.garantibbvainvestorrelations.com