Financial Information and Risk Management
312
İş Bankası
Annual Report 2013
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49
Votes
At least one share is needed for participating the Ordinary
and Extraordinary General Assembly. Each share provides
one vote to its owner.
Due to the reason that each share must have a minimum
nominal value of 1 Kurus in accordance with the Law Nr.
5274 on the amendment of the Turkish Commercial Code,
20 of the Group (A) shares, each of which previously had
a nominal value of TL 500 (this amount is related to the
period prior to the Law Regarding the Monetary Unit of
the Turkish Republic Numbered: 5083 on which the rate of
change has not been applied) were grouped together. Each
Group (A) share, composed of 20 Group (A) shares each with
a nominal value of 1 Kurus, gives its shareholder 20 voting
rights.
Those to attend the General Assembly shall be required
to deliver to the Board of Directors or to such place as the
latter shall designate, at least one week before the Meeting
of the General Assembly, a list indicating the amount and
serial numbers of shares owned by them. They shall in
return receive a card of admission. On the other hand,
registered shareholders’ right to directly attend the General
Assembly remains reserved.
Votes may be cast by proxy. The provisions related to voting
by proxy remain reserved.
Shareholders, who intend to participate in the General
Assembly by giving proxy, shall be required to deliver a
power of proxy together, with the list referred to above,
to the Board of Directors, or to places designated by the
latter, not less than one week prior to the meeting. In case
the shareholder is a government agency or a company or
an institution with legal personality or a person placed
under the care of a guardian, no powers of proxy as such
shall be required beyond the due verification of authority to
represent.
Votes
At least one share is needed for participating the Ordinary
and Extraordinary General Assembly. Each share provides
one vote to its owner.
Due to the reason that each share must have a minimum
nominal value of 1 New Kurus in accordance with the Law
Nr. 5274 on the amendment of the Turkish Commercial
Code, 20 of the Group (A) shares, each of which previously
had a nominal value of TL 500 were grouped together.
Each Group (A) share with a nominal value of 1 New Kurus is
composed of 20 Group (A) shares and gives its shareholder
20 voting rights.
Votes may be cast by proxy. The provisions related to voting
by proxy remain reserved.
Shareholders, who intend to participate in the General
Assembly by giving proxy, shall be required to deliver a
power of proxy to the Board of Directors, or to places
designated by the latter, at such time to be determined
by the Board of Directors. In case the shareholder is a
government agency or a company or an institution with
legal personality or a person placed under the care of a
guardian, no powers of proxy as such shall be required
beyond the due verification of authority to represent.
For the purposes of exercising voting rights in a General
Assembly meeting, the provisions of Turkish Commercial
Code, the Capital Markets legislation, the Banking legislation
and the applicable legislation are to be complied.
Amendments in the Articles of Incorporation in 2013
