Ownership Structure

As of September 30, 2018 the share capital of VakıfBank was TL 2,500 million consisting of 250,000,000,000 shares, each share with a nominal value of TL 0.01. VakıfBank is controlled by over 40,000 charitable foundations which are managed by the Turkish Prime Ministry’s General Directorate of Foundations (the “GDF”). During September, 2005, VakıfBank and VakıfBank Pension Fund sold, respectively, 27,900,000,000 and 4,300,000,000 Class D common shares of VakıfBank in the IPO, representing 21.8% and 3.37%, respectively.

Shareholder Structure

Registered shareholdings in VakıfBank as of September 30, 2018 were as follows



Class of Shares
Shareholder
Nominal Value of the
Shares-TL
Share
Percentage(%)
Number Of Shareholders
A Foundations represented by the General Directorate of Foundations 1,075,058,639.56 43,002346% 1
B Registered Foundations represented by the General Directorate of Foundations 386,224,784.72 15.448991% 1
B Other Appendant Foundations 2,673,619.00 0,106945% 252
B Other Registered Foundations 1,448,543.46 0,057942% 197
C VakifBank Pension Fund 402,552,666.42 16,102107% 1
C Individuals and Legal Entities 1,527,392.67 0,061096% 424
D Free Float 630,514,354.16 25,220574% -
TOTAL
2,500,000,000
100.00%
876