Ownership Structure

Shareholder Nominal Value ('000 TL)       Share (%)              
Zorlu Holding 941,615 47.1
Korteks 350,949 17.5
             Other Zorlu Group Companies             8,000 0.4
Free Float 699,436 35.0
Total 2,000,000 100


The Company's issued capital is 2,000,000,000 (two billion) TL. The paid-in capital is divided into total 200,000,000,000 (two hundred billion) of shares, each with a nominal value of 1 (one) Kurus (Kr), where 20,000,000,000 (twenty billion) are registered shares of Group A and 180,000,000,000 (one hundred eighty billion) are registered shares of Group B. Board of Directors are elected by the General Assembly from among those shareholders holding Group A shares or those nominated by such shareholders.