WHEN WAS AKIS REAL ESTATE INVESTMENT TRUST FOUNDED? WHAT IS THE MISSION OF THE COMPANY?

Founded in 2005 as Akiş Real Estate Investment Inc., the Company officially acquired the title of “Real Estate Investment Trust” in 18.05.2012 upon completing its application to the Capital Markets Board of Turkey. Having a diversified and rich asset structure which consists of shopping malls, residences, factory buildings and parcels, Akiş REIT provides investors with the opportunity to invest in different types of asset classes through a single stock.

IN WHICH STOCK MARKET DOES AKIS REIT GET TRADED?

Akiş REIT stocks are getting traded in Borsa Istanbul, with the IPO date being 09.01.2013.

HOW IS THE CAPITAL AND SHAREHOLDER STRUCTURE OF THE COMPANY?

As of 31.12.2014, the paid-in capital of the company is 200.000.000 TL, with each share nominally valued at 1 TL, making the total number of shares 200.000.000. There are two share groups that represent the issued capital: group A (Ali Raif Dinçkök and Nilüfer Dinçkök Çiftçi), consisting of 19.422.649 shares valued at 19.422.649 TL and group B, consisting of 180.577.351 shares valued at 180.577.351 TL. Group A shares are registered to name. Group B shares are registered to their respective bearers. The takeover of shares that are registered to name cannot be restricted. Shareholders with share group A possess the right to nominate members to the board of directors. Five members of the board of directors are elected by the general board, with the nominations being designated by the majority vote of Group A shareholders.

WHICH KIND OF ASSETS DOES AKIS REIT POSSESS IN ITS PORTFOLIO?

Akiş REIT’s portfolio consists of Akasya Shopping Mall, Akbatı Shopping Mall, high street retail units in Bağdat Street. Following its mission statement, the Company prioritizes investing in assets that generate rental income.

DOES AKIS REIT PAY DIVIDENDS TO ITS SHAREHOLDERS?

Akiş REIT aims to pay regular dividends to its shareholders, with dividend payments in 2013, 2015, 2016, 2017 and 2018. The Company did not pay dividends in 2014 because of investment decisions.

WHERE CAN I FIND THE “TABLE OF COMPLIANCE TO THE PORTFOLIO RESTRICTIONS”, PREPARED IN ACCORDANCE TO THE REIT COMMUNIQUE OF CAPITAL MARKETS OF TURKEY?

The table in question can be found in the notes section of our quarterly consolidated financial tables.

DOES AKIS REIT HAVE A CORPORATE GOVERNANCE RANKING?

Akiş REIT acquired a corporate governance rating of 9.63 in 2020, based on the Corporate Governance study of Saha Kurumsal Yönetim ve Kredi Derecelendirme Hizmetleri A.Ş.

WHICH FINANCIAL TABLES WILL BE USED IN THE MERGER OF AKIS REIT AND SAF REIT? WHEN IS THE MERGER EXPECTED TO BE COMPLETED?

The merger between Akiş REIT and Saf REIT will take the financial tables dated 30.06.2016 as the basis of the deal. The expected closure date of the merger is 31.12.2016. The Specialized Agency Report, the merger contract, the merger report and the announcement letter concerning the merger are all accessible through Akiş REIT website.