Completion of Subsidiaries Sale by Turkiye Garanti Bankasi A.S.

Turkiye Garanti Bankasi A.S. has finalized the sale of its subsidiaries, Garanti Bank S.A. and Motoractive IFN S.A., both based in Romania. The sale was made to Raiffeisen Bank S.A., with the transaction involving Garanti Holding B.V. and G Netherlands B.V., both incorporated in the Netherlands.

Initially announced in March 2026, following the Board of Directors' decision, the deal required and has now received approvals from necessary regulatory authorities. The terms of the Share Purchase Agreement have been executed, confirming the transfer of shares representing the entire capital of the Romanian subsidiaries.

The announcement underscores the bank's adherence to regulatory announcements, affirming the accuracy and completeness of the disclosed information per its records and legal requirements.