Corporate Governance Committee

The Corporate Governance Committee is responsible for ensuring that the Company complies with corporate governance principles. It has a special responsibility to examine the extent to which corporate governance principles are applied. If principles are not followed properly, it determines why that is the case and specifies the negative effects from improper application and proposes remedial measures. In addition, the Committee supports the Board of Directors by working on salary, premium and performance evaluations, career planning, investor relations and public announcement issues.

The Corporate Governance Committee is made up of at least two (2) members. When necessary, appointments may be made from among specialists who are not members of the Board of Directors. At least one Corporate Governance Committee member is elected from among independent members of the Board of Directors, not in charge of execution.

With Board of Directors’ May 21, 2026 dated decision, it is decided that Corporate Governance Committee will at the same time undertake duties of Candidate Nomination, and Compensation Committees.

Because of structure of Board of Directors and number of independent members, some members of Board of Directors serve in more than one committee.

Fatma Pınar Ilgaz

Graduated from Izmir Bornova Anadolu High School in 1983. Graduated from the faculty of Administrative Sciences at Bogazici University in 1988 with a degree in Public Administration. After completing the Management Trainee programme at Emlak Bank in 1989, worked in the department of investment credit evaluation. Later, assumed the position of Financing Assistant Manager at Vakıf Financial Leasing Inc. and carried out her mission for the next 3 years. Since 1995 she is working at ARGE Consulting and currently she is carrying out her mission as a managing partner in ARGE Consulting and is taking part in various projects. Under the roof of ARGE, she has conducted management consulting projects for more than 100 different organizations in different sectors in the areas of strategic evaluation, performance enhancement, institutionalization, corporate organization & HR. She is actively providing long term consulting services for leading companies of the retail and food sectors in international retail, production, international sales and marketing. Her services for these companies are focused on areas such as governance, strategy, organization and performance management. She has experiences in Human Resources Management, Organizational Structure & Operations, Institutionalization, Corporate Governance, Total Quality Management areas. She has been Management Board – Vice President at Argüden Governance Academy, Management Board – Vice President at Özel Sektör Gönüllüleri Derneği (Private Sector Volunteers Association), Collaboration Committee Member qt Yönetim Kurulunda Kadın Derneği (Women In Management Boards association) , Social Gender Equality Workgroup Member at Tüsiad (Turkısh Busıness Person Association), Workgroup Member at Wep’s (Women Empowerment Principles – Un Women). She has been selected for the First Class Of “More Women In Management Boards” Programme wıth 40 other women managers and has completed the training that aims to prepare the participants for taking active role in management boards as Independent Members. She has made intellectual contributions to the following: Kurumsal Yönetişim Modeli (Corporate Governance Model) – Arge Publications 2007, Gönüllü Kuruluşların Yönetimi (Management Of Volunteering Organizations) – Arge Publications 2006, Değişim Yönetimi (Management Of Change) – Arge Publications 2004.
Ms. Pınar ILGAZ contributes to the Board through her significant expertise in fast moving consumer goods, supply chain management, Consumer retail and Finance, financial affairs, audit and tax, risk management and regulatory affairs, as well as her experience in corporate governance.

Cengiz Solakoğlu

Cengiz Solakoğlu graduated from Istanbul Academy of Economic and Commercial Sciences, which currently operates as Marmara University, in 1964. He began to work as a salesman at Beko Ticaret A.Ş. in 1967 and became the General Manager of the company in 1977. He held this position until 1983, when he became the General Manager of Atılım Company, which also belonged to Koç Group. During this 8-year office, he led the works on “Restructuring and strengthening Arçelik Authorized Dealer System”. He was appointed Vice President of Koç Holding Consumption Group in 1991 and Chairman of Consumption Group in 1994. Solakoğlu, who also served as a Member of the Group Executive Board between 1996 and 1998, was appointed as the Chairman of Koç Holding Consumer Durables Group in 2002 and retired from Koç Group in 2004 due to 60 years of age principle. He had worked in Koç Group for 38 years without interruption. Solakoğlu was among the founders of 1907 Fenerbahçe Association and The Educational Volunteers Foundation of Turkey (TEGV). He was chosen the Civil Society Leader of 2003 as the Chairman of the Board of Directors of Educational Volunteers Foundation of Turkey by Economist Magazine.

Ahmet Bal

Born in Tokat in 1957, Ahmet Bal graduated from Ankara University, Faculty of Political Sciences, Department of Economics and Finance, and joined the Board of Financial Experts at the Ministry of Finance. After becoming a Chief Financial Expert and Sworn-in Certified Public Accountant in 1991, Ahmet Bal earned a Master of Business Administration (MBA) degree from the University of Nottingham in the UK in 1992. He started working at Anadolu Endüstri Holding in 1994 as Deputy Financial Affairs Coordinator. He served as Finance Director of Efes Sınai Yatırım Ticaret A.Ş., responsible for Anadolu Group's overseas Coca-Cola operations, from 1995-1998; General Manager of Efes Sınai Yatırım Holding A.Ş. from 1998-1999; and Financial Affairs Coordinator responsible for Automotive, Finance, and Stationery Companies at Anadolu Endüstri Holding's Financial Affairs Presidency from 1999-2006. From 2006-2012, he served as the Audit Coordinator responsible for Group Companies at Anadolu Endüstri Holding. Ahmet Bal, who served as the Head of Audit responsible for the audit of Anadolu Group Companies from 2013- 2018, is married and has two children. Ahmet Bal served as an Independent Board Member at Şok Marketler A.Ş. for 6 years and currently serves as an Independent Board Member at Bizim Toptan Satış Mağazaları A.Ş., and as an Independent Board Member and Chairman of the Board at Ülker Bisküvi Sanayi A.Ş. Ahmet Bal successfully completed the "Leading from the Chair" program organized by INSEAD The Business School for the World in Fontainebleau/Paris, France, from December 3-5, 2025, and received a "Certificate of Achievement.

Işıl Bük

Işıl Bük, Senior Manager of Investor Relations at Bizim Toptan Satış Mağazaları A.Ş., completed her bachelor's degree in 2004, and her master's degree in 2007, at Marmara University Department of Economics (English). She began to work as an Internal Audit and Financial Reporting Specialist at IKEA. She worked in Corporate Financing and Research units at Halk Yatırım Menkul Değerler A.Ş. in 2007-2012, worked as an economist/strategist and took an active role in public offering projects. Starting to work as an Investor Relations Executive at Yıldız Holding in 2012, Bük has been the head of Bizim Toptan investor relations department since the end of 2013. Işıl Bük has Capital Market Activities Level III License and Corporate Governance Rating Expertise license. She took part in the Boards of Directors of the CFA Society of Istanbul, Financial Literacy and Inclusion Association (Foder) and the Investor Relations Society of Turkey (TÜYİD). She maintains her office in the Boards of Directors of Foder and TÜYİD.