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Our Board of Directors resolved on the acquisition by merger of IHY İzmir Havayolları Anonim Şirketi, with a capital of TL 59,500,000, in which the Company holds a 98.63% stake corresponding to shares with a total nominal value of TL 58,681,832.63, by the Company, with all its assets and liabilities and in accordance with the simplified merger method prescribed in the relevant provisions of the Capital Markets Law No. 6362, the Merger and Demerger Communiqué No. II-23.2 of the Capital Markets Board, the Turkish Commercial Code No. 6102 and the Corporate Tax Law No. 5520; and on the filing of the necessary applications with the General Directorate of Civil Aviation and the Capital Markets Board for the contemplated merger. Company management is authorized to undertake all transactions necessary in connection with the said applications. Merger documents will be published on this page and on the Public Disclosure Platform following the application to be filed with the Capital Markets Board.