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’ July 25, 2023 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.

Berin Akarsu

Berin Akarsu was born in Diyarbakır in 1972, completed Primary and Secondary education in T.E.D. Ankara College. After graduating from Department of Economics of Bilkent University in 1994 she worked one year in family company and received her MBA degree in Finance from Butler University in 1997. In 1997, she started her professional career in Akfen Group at the Insurance and Finance departments. I She was appointed as a finance manager in 2000 to Turkey’s first Build-OperateTransfer airport project, Atatürk Airport. For 15 years she held various senior positions in the Finance Department of TAV Havalimanları and TAV Construction. She then worked as an advisor to the CEO between 2015-2018 while also serving on the Board of Directors of Havaş, TAV İşletme Hizmeteri A.Ş. and TAV Park. She has worked in various non-profit organizations and she is currently working as a volunteer (student mentor) in Sharing and Solidarity (PAYDA) Platform Assosiation

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.

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.