Garanti Bank's Board Sanctions Issuance of Investment Institution Warrants

Turkiye Garanti Bankasi A.S. (TGBD) announced that its Board of Directors has approved the issuance of "Garanti Bank Investment Institution Warrants". This decision allows for the issuance of 15 billion warrants, each with a nominal value of TRY 0.1, totaling 150 million Turkish Lira. The proposed issuance requires approval from the Capital Markets Board of Turkey.

The bank has authorized its Head Office to manage the issuance's specifics, such as its terms, including issue dates and prices. Garanti Yatırım Menkul Kıymetler A.Ş. has been named as the market maker for this venture. Required applications will be made to relevant regulatory bodies to facilitate the process.

Garanti Bank aims to ensure compliance with the Communiqué guidelines and takes full responsibility for the accuracy and completeness of the disclosed information.