Company's Senior Management

Information regarding Board of Directors and Executive Management are listed below.

2- To classify the works and procedures to use power as follows:

2-a In all procedures and documents belonging to company, to represent and bind the company, put her under obligation and commitment, in general collect and receive,

2-b Selling, buying, transfer, alienate, charge or discharge of mortgage, renting from third parties or giving to third parties for rent, of land, building, facility, machinery, vehicle, dead stoke and other material entities and nonmaterial items such as rights and goodwill,

2-c To put the company under obligation and commitment against ministries, banks, public agency and institutions, tender offices, private persons and legal entities, third parties, and private persons and legal entities abroad, in general collect and receive,

2-d Every kind of opening an account, provision of credit, opening of letter of credit, letter of guaranteee, financial leasing, repurchase agreements and other financial procedures with banks, private finance institutions and other financial institutions, and procedures to bind the company; and at making, processing and canceling related contracts,

2-e Issuing promissory note, policy and check and endorsement of these, withdrawal of money from banks, collection of money from governmental and private institutions and people, collection and procurement of transfers and checks, TURKISH LIRA and FOREIGN CURRENCY, endorsements and materials that come to banks, public institutions, private persons and legal entities in the name of company; in making contracts and credit agreements on behalf of banks, governmental and private institutions and other financial and administrative institutions, preparation of promissory note, letter of guarantee, preparation of all documents, making connections, contractualisation related to determination and conduction of import and export; draw up contracts, correspondence with third parties binding or not binding the company and preparation of documents,

2-f Writing invoice and dispatch note against goods and services, making all kind of contracts and proceedings with third parties related to Production, preparing declarations of legal papers and related documents to be submitted to foreign exchange, customs offices, tax offices, Social Security Authority, banks and similar agency and institutions; Financial Statements, Profit/Loss statement (Income Table), financial tables, receipt, extract, document, check, acceptance and  delivery of promissory note related to Banks and other governmental and private institutions and people, preparation and registration of account books and documents related to Accounting tickets, balance sheet, layout, accounting records.

2-g Making statements, announcements, declarations and notifications on the Public Disclosure Platform (KAP), Central Registry Agency (CRA) within the framework of Capital Markets Board’s (CMB) regulations and other platforms under the legislation of CMB.

3. All of the authorizations above, without any monetary limitation, any two of (A) group signatory authorities, JOINTLY, with their signatures under the title of the company, they can use.

4. Excluding the authorizations at 2th item b article; other authorizations, limited up to 200.000. –USD (Two hundred thousand American dollars) equivalent Turkish Liras, either one from (A) group authorities Orhan AYDIN or Sıtkı ÖZTUNA and either one of (B) group signatory authorities, JOINTLY, with their signatures under the title of the company, they can use.

5. Excluding the authorizations at 2th item b article; other authorizations, limited up to 125.000.-USD (One hundred and twenty five thousand American dollars) equivalent Turkish Liras, two of (B) group signatory authorities, JOINTLY, with their signatures under the title of the company, they can use.

6. All of the authorizations mentioned in 2th item g article; any two of (B) and (C) group signatory authorities, jointly, with their signatures, they can use.

7. Putting signatures on behalf of the company either on company title or on the stamp determining this.

8. For the usage of all or some of the authorizations mentioned in the items of this signatory circular, representatives of groups may give power of attorney to private persons or legal entities.