CELEBİ 2021 ANNUAL REPORT

25 Çelebi Ground Handling Inc. 2022 Annual Report VI - OTHER MATTERS 16. CHANGES TO THE ARTICLES OF ASSOCIATION AND COMPANY POLICIES There was no change in our Company’s articles of association and policies between 1 January-31 December 2021. On the other hand, during the Ordinary General Assembly meeting that took place on April 21, 2022, a resolution was passed to revise Article 7, “Board of Directors,” and Article 9, “Auditors and their Duties,” within the Company’s Articles of Association. The amended versions of the subject articles are provided below: New Version Board of Directors Article 7: The business and administration of the Company are carried out by a Board of Directors consisting of a total of 10 (ten) members, of which 4 (four) are to be elected by the General Assembly from among the candidates nominated by the majority of the A group shareholders, 2 (two) by the majority of the B group shareholders, and 4 Independent members are to be elected by the General Assembly from among the candidates meeting the independence criteria. The number of independent members who will take office on the Board of Directors and their qualifications, nomination, and selection shall comply with the regulations of the Capital Markets Board regarding corporate governance. The majority of the members of the Board of Directors are non-executive members. The members of the Board of Directors shall be elected for a maximum of three years. Members may be re-elected at the end of their terms. In the event that the members of the Board of Directors appointed as the representatives of a legal entity are notified that their relations with that legal entity have been terminated, their membership in the Board of Directors shall end. In the event of a vacancy in the membership of the Board of Directors prior to the expiration of the term, the Board of Directors elects a new member from among the candidates nominated by the majority of the group shareholders for the vacant membership, and if the vacant membership is an independent membership, the Board of Directors elects a new member in accordance with the regulations set forth by the Capital Markets Board and submits it for approval by the first General Assembly. The member elected through this process shall remain in duty until they complete the terms of their predecessors. The quorum for the meeting is 8. Decisions are taken with the affirmative votes of at least 8 of the members. Participants authorized to participate in the meetings of the Board of Directors of the Company may also attend these meetings through an electronic medium in accordance with Article 1527 of the Turkish Commercial Code. The Company may establish an Online Meeting System or may purchase an already established system that will allow right holders to participate in these meetings and vote in these meetings by electronic means in accordance with the terms and conditions indicated in the “Communique on Meetings of Commercial Companies, other than general assemblies of joint stock companies, by electronic means”. It shall be provided in the meetings that the right holders exercise their rights specified in the provisions of the relevant legislation within the scope of the relevant Communique through the use of the system established or over the supporting system purchased as per this Article. The Corporate Governance Principles, which are considered mandatory to be applied by the Capital Markets Board, shall be duly followed. Any transaction conducted and the resolutions of the Board of Directors adopted without being in compliance with the mandatory principles shall be invalid and be considered a contradiction to the Articles of Association. In all transactions considered material in terms of the implementation of the Corporate Governance Principles, and in all kinds of related party transactions of the Company, including the transactions regarding the issuance of guarantees, sureties, collateral pledges, and mortgages on behalf of the Company or in favor of third parties, the regulations of the Capital Markets Board regarding corporate governance shall be complied with. The Company shall adhere to the principles set forth in the Capital Markets legislation when providing guarantees, suretyships, guarantees, or pledges, including mortgages, on its own behalf or on behalf of third parties.