Last checked at 2 Apr 2013 09:01
Resolutions Made at the Annual General Meeting
At Isbank's General Meeting held on March 29th, 2013, in Istanbul, the following issues have been resolved.
RESOLUTIONS MADE AT ISBANK'S GENERAL MEETING HELD ON MARCH 29th, 2013, IN ISTANBUL
1. It was decided to authorize the Chairmanship Council to sign Minutes of the General Meeting.
2. Summary Report of the Board of Directors together with the Auditors' and Independent Auditors' Reports have been read and discussed.
3. The Balance Sheet and the Profit and Loss Account for the year 2012 have been ratified.
4. The Board of Directors has been acquitted with regard to transactions and accounts in the year 2012.
5. The Auditors have been acquitted with regard to transactions and accounts in the year 2012.
6. Resolution was made to distribute dividend starting from April 1st, 2013 as stated in the attached Profit Distribution Table.
7. Hüseyin Yalcin was elected as the Independent Member of the Board of Directors.
8. The monthly payment of net TL 10,000 was designated to the Board members.
9. The Internal Directive of the Annual General Meeting was approved.
10. Akis Bagimsiz Denetim ve Serbest Muhasebeci Mali Musavirlik A.S. (KPMG) was selected to conduct independent audit of the financial statements, audit of information systems and banking processes for 3 years, comprising the years 2013, 2014 and 2015.
11. It was decided to authorize the Directors of the Board as per Turkish Commercial Code articles 395 and 396.
12. The shareholders were informed on the donations made during the year 2012 and the upper limit of donations was determined.
13. The shareholders were informed on the Remuneration Policy.
14. The articles 12, 23, 24, 32, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 53, 54, 56, 57, 65, 66 and 67 of Isbank's Articles of Incorporation were amended the articles 68 and 69 were added to Isbank's Articles of Incorporation.
Please click to view Profit Distribution Table, Minutes of the AGM (in Turkish), List of Attendants (in Turkish) and the old and new versions of the articles of the Articles of Incorporation which were amended (in Turkish).
http://www.isbank.com.tr/userfiles/pdf/2012_Profit_distribution_table.pdf
http://www.kap.gov.tr/yay/Download/Bildirim/Ek/94876.pdf
http://www.kap.gov.tr/yay/Download/Bildirim/Ek/94879.pdf
http://www.kap.gov.tr/yay/Download/Bildirim/Ek/94878.pdf