Page 4 - Investing in Borsa Istanbul Markets

Empowered by the Capital Markets Law, enacted in 1981, the Capital Markets Board of Türkiye (CMB) is the responsible
regulatory and supervisory authority. CMB takes the necessary measures to foster the development of capital markets and
contribute to the efficient allocation of financial resources while ensuring investor protection.

Borsa İstanbul operates four main markets; Equity Market, Debt Securities Market, Derivatives Market, and Precious
Metals & Diamond Markets. In 2021, Borsa İstanbul had the highest turnover velocity among all the members of the World
Federation of Exchanges (WFE), ranked first in single stock futures and precious metals futures trading volume, third in
terms of the number of new listings for private market debt securities, and ranked tenth in value of bonds listed (WFE
annual statistics). Almost 50% of the free float market cap of companies in BIST30, the blue chip index, is held in custody
by foreign investors. Borsa İstanbul has been accredited by the European Securities and Markets Authority (ESMA) as a
third country trading venue, and it is a Member of the Board at WFE, the global industry group for exchanges and clearing
houses around the world. Borsa İstanbul also performs the secretariat function for the Organisation of Islamic Cooperation
(OIC) Exchanges Forum, the umbrella organization for fifty nine exchanges and twenty two central securities depositories
in OIC. Borsa İstanbul is also a member of the London Bullion Market Association (LBMA), the World Federation of
Diamond Bourses (WFDB), the Intermarket Surveillance Group (ISG), the Sustainable Stock Exchanges Initiative (SSE), and
SSE Derivatives Exchanges Advisory Group.

Takasbank operates as the central counterparty (CCP) on Borsa İstanbul's Equity Market, Debt Securities Market (including
Swap Market and Money Market Excluding non-bank corporate bonds) and Derivatives Market. Takasbank also provides
CCP services for Securities Lending Market and over-the-counter derivatives transactions that take place between the
banks. Takasbank complies with International Organization of Securities Commissions (IOSCO) financial market infrastruc-
ture principles, and European Union regulations & technical standards. Takasbank is also a member of WFE, The European
Association of CCP Clearing Houses (EACH), and CCP12 (Global Association of CCPs).

MKK, the central securities depository, provides its members with depository, trade repository & reporting, corporate
governance and investor services. MKK also offers in-house developed data and technology systems and platforms to local
and foreign capital and financial markets as part of its role as an R&D center. MKK serves safekeeping of securities on a
beneficial owner basis and omnibus accounts, and provides global reach with its direct links with other CSDs. MKK, also
complies with the PFMI-IOSCO principles for CSDs and SSS, holds ISO 27001 Information Security and ISO 22301 Business
Continuity Management Certificates.

2. Equity Market

Borsa İstanbul Equity Market provides investment
opportunities to the most prominent companies of
the growing Turkish economy in various sectors.

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