DJ Turkiye Garanti Bankasi A.S.: Information regarding the results of Ordinary General Shareholders' Meeting
Turkiye Garanti Bankasi A.S. (TGBD)
Turkiye Garanti Bankasi A.S.: Information regarding the results of Ordinary General Shareholders' Meeting
01-Apr-2026 / 12:14 GMT/BST
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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 Besiktas, ISTANBUL 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 Bagimsiz Denetim ve Serbest Muhasebeci Mali Müsavirlik A.S. (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
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Attachment
File: Information regarding the results of Ordinary General Shareholders' Meeting
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ISIN: US9001487019
Category Code: AGM
TIDM: TGBD
LEI Code: 5493002XSS7K7RHN1V37
Sequence No.: 422856
EQS News ID: 2302362
End of Announcement EQS News Service
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