“The Company may help or make donations to charitable funds, associations, universities and similar organizations and public legal entities in accordance with the principals set forth by the Capital Markets Board. 

In the selection of the form and amount of the donation as well as the real or institutional entity to receive such a donation, compliance with Migros’ corporate social responsibility policies are adhered to. 

Donations made by the Company in the fiscal year will be submitted for the information of the shareholders during the Annual General Assembly Meeting.”

 

In accordance with the Capital Markets Law and Capital Markets Board’s Dividend Communique No. II-19.1, the upper limit of the donations of the year 2018 is determined as TL 2,000,000 in the General Assembly Meeting. The amount of donations made by the Company to foundations and societies during 2017 is TL 348,231.20.