RISK NOTIFICATION FORM OF CAPITAL MARKET TRANSACTIONS SIGNIFICANT

TACİRLER SECURITY CO. RISK NOTIFICATION FORM OF CAPITAL MARKET TRANSACTIONS SIGNIFICANT STATEMENT As a result of the transaction you have done in Capital Market, you have risk of disadvantage as well as you can make a profit. Therefore you need to apprehend risks that you could encounter in the market, and you need to take a decision by taking your financial status and limitations into consideration before you decide to transact. For this reason, as it is foreseen in Article 13, Serial:V No:46 ‘Provisions Related to Financial Intermediation Activities and Financial Intermediaries’ in Capital Markets Board, you need to apprehend the points below in the ‘Risk Notification Form of Capital Market Transactions’. Warning Before starting to make transactions, check out whether the corporation you are planning to work with has ‘Authorization Certificate’ related to capital market transactions. You can learn banks and capital market financial intermediaries from www.spk.gov.tr or www.tspakb.org.tr DECLARATION OF RISK In addition to the points stated in the ‘Framework Contract’ that will be signed with financial intermediary you will transact with, it is important for you to apprehend the points below: 1. Each kind of related regulations and all similar official regulatory decisions enacted by the Capital Market Board, stock-exchange and exchange centers will be applied for your account that you will make financial intermediary open and for all transactions that will be realized via this account. 2. Transactions of Capital Market are subjected to risks at various rates. Besides you could lose all your money that you have deposited at the financial intermediary at the end of price movements to arise in the market, your losses could also exceed the amount of money you have deposited according to all transaction you will make. 3. Because of the leverage effect in transactions on account or in such transactions as deficit sale trade, the liability of the fact that transacting with low equity could work not only in favor but also to the disadvantage and in this context the liability of the fact that the leverage effect could enable you high porfits and it could lead to disadvatages as well must be taken into consideration by yourself. 4. The fact that the information that financial intermediary would tranfer to you about the transactions you would do in markets and recommendations made by it could be incomplete and could require verify must be taken into consideration by yourself. 5. The liability of the fact that technical and fundamental analysis realized by authorized staff of financial intermediary with reference to trade of Capital Market faclities could differ form person to person must be taken into consideration. 6. In transactions made by using foreign currrency, in addition to the risks listed above, it must be also known that there is exchange risk, there could be loss of value in Turkish Liras terms because of exchange fluctuations, states could limit foreign capital and exchange operations and could establish additional and/or new tax, trade transactions could not eventuate on time. 7. Before starting your transactions, you must have a confirmation from your financial intermediary about all commission and the other transaction fees that you will become responsible for. If the fees are not financially stated, you must demand a written explanation including tangible cases about how these fees will be financially reflected on you. Hereby this risk notification form of capital market transactions aims at informing investors generally about existing risks, however this may not include all risks resulting from trade of capital market Instruments or from application. Therefore you must make a careful resarch before directing your saving towards these kind of investments. Customer Date: Name-Surname: Signature: TACİRLER SECURITY CO. INTERMEDIARY FRAMEWORK CONTRACT RELATING TO TRADE OF CAPITAL MARKET INSTRUMENTS PARTIES: 1. Tacirler Securities Co. ( will be called as ‘Financial Intermediary’ below ). ADDRESS: Nispetiye Cad. Akmerkez B3 Bl. Kat 9 Etiler – İstanbul 2. NAME SURNAME:..................................................................................................... ADDRESS :..................................................................................................... ( will be called shortly as ‘Customer’ below ) SUBJECT: Determining principals relating to the fact that Financial Intermediary deals in all kinds of securities on behalf of Customer in Stock Exchanges or out of Exchanges in accordance with Capital Market Law and decisions of legislation that have been given out or will be given out relating to this and follows and fulfills all kinds of transactions relating to this on behalf of Customer. DEFINITIONS: Customer Information Form: A standard form including customers’ preference of risk and returns that take place in Article 12 Serial V, No. 46 Number Notification of CMB and including aim of investment and financial status. Security: All kinds of security and other capital market instruments and local or foreign currency stated in Capital Market Law number 3794 and diffrent with the Law number 2499 and in related regulations. Customer Orders: Notification that Customer gives Financial Intermediary in order that securities are traded, remittance and transfer are realized, share profit and interest receivables are collected, right of capital increase is used and similar demand could be realized by using such written or oral means of communication as telephone, telefax, telex, internet or simlar wired or wireless means of communication. Stock Exchange: In accordance with Laws, Securities Stock Exchanges that have been founded or will be founded in Turkey and legal stock exchanges where securities are traded and that have also operations abroad. Takasbank: ISE Settlement and Custody Bank Inc. C.R.A: Central Registry Agency Inc. Commission fee: Fee that will be collected form Customer because of all transactions realized inaccordance with the customer’s orders. Additional Intermediary Framework Contract related to Electronically Transaction of Capital Market Instruments: Additional Convention which constitutes integral part and addition of this convention and which has been signed together with this convention by Customer who wants to realize transactions of Capital Market Instruments in electronic form. ARTICLES OF CONTRACT: 1. ARTICLES RELATED TO WINDING UP AND TRANSACTIONS SECURITIES AND RELATED TO USE OF CASH RECEIVABLES BALANCE: 1.1. OF Financial Intermediary may want Customer, who has given purchase order, to give retention or collateral or to pay cost of security purchase which it wants to buy; it may also want customer, who has given selling order, to give itself securities it wants to buy or documents representing these securities. Financial Intermediary has a right not to accept partially or fully purchase or selling order of Customer. There is no obligation to explain the reason of denial but this case will be declared to Customer or to representative. 1.2. Customer has to pay the cost of security that has been bought on settlement date at the latest. If he does not pay this cost on the settlement date, he will be in default without any warning or notice. In this case, .............% daily interest for default will be accrued for days which has passed until the date of payment (...................) and together with the other legal obligatons ( such as funds, tax, duty and charge etc.)this will be collected from Customer. Furtermore optionally Financial Intermediary can partially or fully sell securities whose cost has not been paid on settlement date or can add them in its own portfolio. If the amount of sale does not afford the debt, Financial Intermediary will have a right to have confinement, to the credit of the account and settlement over all securities and over their right and receivables that have ancillary come into or will ancillary come into in the other account of the Customer or which are held in safe custody in Takasbank, CRA or in Central Bank until their debts will be expurgated. Financial Intermediary can also deduct securities to the credit of the account by selling these securities as it wants or it can transfer these to the other indebted accounts of the Customer. It declares, accepts irrevocably and contracts Customer orders, and that it has purposely given these decisions. Financial Intermediary can increase the rate of interest for default whenever it wants and can freely determine the date of application. 1.3. Customer has to deliver the security that has been sold until 12.00 on the date of the settlement at the latest. If he does not deliver securities and his documents representing these securities within this period, until this secutiy debt will be expurgated Articles 1 and 2 will be applied without paying him sale cost of the security that has been sold and Financial Intermediary will collect all loss, expenditure and compensation from Customer. If Financial Intermediary wants, it has a right to register sale transaction whose securities have not been delivered within their period to the portfolio of the corporation or it has a right to fulfill settlement responsibility by buying these securities on behalf of Customer from stock exchange or out of it. Signature TACİRLER SECURITY CO. 1.4. In buying orders, such legal obligations as buying cost, commission fee, tax, duty, charge and fund are added to the debt of customer; in sale orders, are added to receivables of customer. Such legal oblligations as commission fee, tax, duty, charge and fund related to this transaction result from this contract together with regulations and applications of CMB, ISE, CRA and Takasbank Inc. All expense, charge and expenditure of notary and all announcement, notification and consinment which have been sent to Customer by Financial Intermediary related to PTT, Special Courier and all kinds of other distrubuting institutions are added to the debt of the Customer. 1.5. Finacial Intermediary is not responsible for the fact that orders cannot be partially or fully realized, in realized orders the other side does not deliver or delivers securities late or does not pay the cost of it, securities, profit share and sheets of buying new shares are deficient. It is not responsible also for price differences resulting from the differences of order, arrangement or denomination, and for fault, negligence and mistake of correspondent or third persons. 1.6. If securities delivered to Financial Intermediary are fake or imitated and if they are not exported in accordance with related regulation and law or if the signatures on it are not real or do not belong to authorized persons, Customer will be responsible for this and for any deficieny of this; in short for its legally being. 1.7. In all transactions which Finacial Intermediary has made on behalf of Customer, it is presumptively accepted that Fianacial Intermediary has observed familiar care. If Customer contradicts this, the liability of confirmation belongs to himself. In the cases on which the liability will be sticked on Fianacial Intermediary, it can only be charged with real loss that Customer has directly bare. Financial Intermediary is not responsible for the deprivation of profit, indirect loss, emotional distress or for loss that third persons lead to. 1.8. Current accounts that will be opened for Customer are held by Financial Intermediary. 1.9. Finacial Intermediary; 1.9.1. If there is no directive expressing the contradiction, Customer can commit to purchase his cash in his account which shows balance receivable at the end of the day and of which balance is at least 250 New Turkish Liras within the framework of repurchase agreement articles arranged among themselves or he can value it in B Type Liquid Fund. Within this framework, Financial Intermediary can freely determine the limit related to amount of cash which can be valued with the repurchase agreement application and it can also determine the choice of purchasing or B Type Liquid Fund by having an eye to Customer’s investement interests. Customer declares, accepts irrevocably that at this point he complies with authorization of Financial Intermediary. 1.9.2. If Customer demand in a written form, on condition that expense and commission fee are paid Financial Intermediary can give intermediation service in the periodical payment submitted to various corporations or persons by Customer who uses cash in his account showing balance receivables at the end of the day. 2. PROVISIONS RELATED TO GİVİNG, FORM, CONDITIONS, DURATIONS OF BUYING-SELLING ORDERS 2.1. It is essential for buying-selling orders to be given in a written form. However if Customer demands, they can be orally given via telephone and similar means of communication or by using means of communication such as telex, telefax or internet that transmit photographs and writings. Orders given apart from these ways are oral warning in accordance with declarations of Capital Market Board Serial:V, No:6, No:66 and number Serial:V, No:73 making changes in these declarations and general provisions. Financial Intermediary is free about fulfilling these orders which have been given in this way and have oral quality or not exclusively according to his own appreciation and apprehension under the responsibility saddled on him by all legislation provisions. Furthermore, Financial Intermediary is free about fulfilling these orders given in this way as long as they are not confirmed by Customer. When the orders given orally before are confirmed later on, and if there is a difference between the order confirmed in a written form and oral order, oral order fulfilled will be valid. If they are existing together with notebook, record and documents of the corporation in the orders which Financial Intermediary has taken from Customer via such means of communication as telephone or telex, telefax or internet which deliver photograph and writing or in an oral form, documnets coming from means of communication which deliver recording tape cassette and writing and pictures have a quality of conclusive evidence according to Article 287 of Code of Civil Procedure. 2.2. When Customer want to give buying-selling order via internet, he will take measure in order that directions will be given only by himself or representative and his authorized person. In directives delivered in this way, Financial Intermediary is not responsible for deception and falsity of the directive, for means of communication which have broken down or do not operate, for wrong, incomplete or inadequate directive. 2.3. In the content of the order given by Customer, the quality of the transaction, the date of it, in which session it will be fulfilled; the name, unit and price of the security must be specified. Orders of which price has not been specified are considered as free price order, orders of which session has not been specified and orders that will be fulfilled on the session it has been given. On the other hand orders that are given until the prebeginning of the next day session at the end of the day and of which session has not been specified are accepted as orders that will be fulfilled on the first session. When free-price orders are fulfilled, Customer cannot protest the price. When Financial Intermediary accept the free-price order, it does not have to exactly fulfill transaction about the subject of order. 2.4. Putting Transactions Done witihin the Period of Settlement under cover: At the end of Customer’s transactions of buying equity securities of which settlement has not been fulfilled yet, open settlement position that can arise at a definite moment has to have net holdings at a rate of 20% at least. According to its estimation Financial Intermediary can increase this rate by taking such conditions as the quality and market value of net holdings, economical and fianacial reasons caused by customer, attitude and behaviour of customer in paying his debt in the previous period into consideration. In calculating this net holding, values in which Customer has not fufilled his responsibility of settlement and also values which are gurantee of any transactions will not be taken into account. If this rate of gurantee cannot be enabled for any reason, Financial Intermediary will not accept customer’s order which will decrease the rate of the gurantee more. If customer cannot enable the rate of the gurantee at the end of the day, in accordance with provisions and related legislation hereby in contract, the amount of security of Customer that will provide the rate of the gurantee spesified at the beginning of the first session of the the day after will sell on its own initiative until it provides the rate of the gurantee specified by Financial Intermedairy. If Customer submits documents which confirms that customer has sufficient financial status and ability to pay in oder to afford his debt, Financial Intermediary can accept buying order without any caution money on condition that affirmative point of view has been taken from Credit Commission of Financial Intermediary and limit has been given under Board of Directors and on condition that the period of exchange has not been exceeded. PROVISIONS RELATED TO OBTAINING KNOWLEDGE OF CUSTOMER Customer can learn all movements in his account under the auspieces of Financial Intermediary whenever he wants. Financial Intermediary sends abstract of account or last position of the account to Customer’s address written in the contract via official or private posting chosen by himself or via whichever courier and distributing services he wants or via internet within the period specified in the legislation, and -if the accound has undergone movement on that period-at the end of the period on condition that expenses belong to customer. Documents submitted to Customer or authorized representaive in consideration of their own signature cannot be sent via one of the posting ways mentioned in the previous sentence. Depending on the order of Customer, information in all documents sent via means of communication which transmit writing and picture is accepted as being learned by Customer. On the other hand announcements submitted in this way are accepted as being conveyed in accordance with Service Law. Apart form these, Customer has a right to learn -whenever he wantsrecent status and units of his own shares by calling ‘CER Investor Call Center’ of Central Registy Agency (CRA) or by visiting the link of investor entry on www.mkk.com.tr . Therefore Customer cannot claim that he has suffered a loss because of learning late. 3.2. If Customer does not dispute all kinds of documents and information in these documents sent by Financial Intermediary within the dispute period sepecified on the document, it will be regarded that he has accepted these documents and their content. Therefore Customer cannot abstain from fulfilling his responsibilities towards Financial Intermediary. As a response to the Customer’s demand, dispute or complains which claim that any notification or order and direcitve have not been realized, the provisions of this article are applied in information and documents sent by Financial Intermediary or obtained in some way. 3.3. Announcement, notice, official warning and similar information and document sent by Financial Intermediary to telephone, fax, telex and numbers related to similar electronical communication systems that are expressed in Article 2.2 in this contract and have been indicated by Customer will be valid and they will all serve as a conclusive evidence in accordance with Article 282 in Code of Civil Procedure. 3.4. Without regarding whether all types of account abstract sent by Financial Intermediary to address and/or fax, teleks and the other electronical communication address of Customer stated by the provisions of this contract, if it is not disputed under concrete reasons within 7 days, information and content of the transactions in this account abstract will be regarded as being accepted by Customer and this account abstract which obtains certainty in this way will be conclusive evidence in accordance with Article 287 in Code of Civil Procedure and will be accepted as documents in provision 68.b in the Law of Bankruptcy. Within this context, the balance which will be factor in all interest to be calculated as of this date will be accepted as the exact receivable by accepting the content of account statement which has gained certainity as legal. Parties have agreed on the fact that this point is an exception of inhibition of operating interest on interest number 3039. 3.5. If Customer gives buying or selling orders, collects and pay the cash, gives direciton for remittance, transfer or payment, this represents clear and conclusive presumption for the fact that he is acquainted with his previous transactions and that he approves these transactions. 3. 3.1. 3.6. 3.7. Customer is personally responsible for following the accounts opened for himself by Financial Intermediary and he has a right to demand information and document and to learn all account info via internet whenever he wants. Customer has declared that he knows provisions of Capital Market Law and related Decree, Legislation, Regulations, Declaration and all kinds of principles and that he accepts the application of provisions which are absent hereby in the provisions of this contract and which are not contradictory. PROVISIONS RELATED TO COLLECTION OF COMMISSION FEE AND THE OTHER EXPENSES: Financial Intermediary will accrue and colllect from Customer ...................% (..............................................) commission fee over the amount of purchase and sale in return for purchase and sale order of shares realized by Fianacial Intermediary on behalf of Customer. The rate of this commission fee can be set between Fiancial Intermediary and Customer in such a way that the rate can change according to amount of daily purchase and sale. Apart from this, whatever the nature is, communication expenses, tax, duty, charge, fund, commission fee and entire expenses which have been or will be done for Customer because of trasactions will be collected again from Customer. Financial Intermediary always has a right to freely change the rate of commission fee and to apply this change as of the date when Finacial Intermediary informs Customer. 5. 5.1. PROVISIONS RELATED TO SETTLEMENT AND DEPOSITION OF SECURITIES: Unless Customer demand the contradiction in a written form, Financial Intermediary will save securities which have been submitted to himself or have been bought in some way in ISE Settlement And Custody Bank Inc. and CRA. Financial Intermediary will provide Customer with the possibility to follow it within the framework of principals stated by CRA by having a coded account for customer by CRA about these securities. If Customer informs his code which will be sent directly to his address by CRA or third persons learn this in some way and in this case if this account is used by third persons or if they are informed, all responsibilities about loss which Financial Intermediary and third persons will bear will belong to Customer. Customer has to exactly pay such all legal deduction as tax and fund and all expenses that Financial Intermediary wil do and all commission fee that he will pay because of the settlement and disposition transactions. The right to use preferential right issues and qualification to vote which arises from shares, collection of incomes of capital, interest, dividends etc. of securities under the disposition of Financial Intermediary or Takasbank with CRA belongs to Financial Intermediary on behalf of Customer. Unless Customer demands the contradiction in a written form, Financial Intermediary is free about using this authority or not. Unless Customer informs whether he will use his preferential right issues or not in a written statement, Financial Intermediary will freely decide whether this right will be used or not. If Financial Intermediary decides to use preferential right issues, it will record the cost of this on the customer’s account as debt. If the balance of the account is not sufficient, it will collect the receivable by applying provisions of article 1 and 2. Customer can demand the securities which he has gained as a result of realized purchase order within the period specified by the legislation. Unless he demands clearly within this period, he will accept that he has left his securities to the disposition of CRA. 4. 5.2. 5.3. 5.4. 5.5. Customer declares and subscribes that securities which have been given to Financial Intermediary for the purpose of disposition or in some way or which take place in CRA, Takasbank, Central Bank or in any disposition institution for the purpose of disposition constitute pledged assurance of all kinds of debt and responsibilities which have arisen or will arise as opposed to Financial Intermediary. Unless Customer fulfills debt and commitments to Financial Intermediary which have arisen or will arise in a way, Financial Intermediary has a right to sell securities on which it has a right of pledge and confinement whenver it wants or however he wants and it has a right to exchange or set off with its receivable. 6. 6.1. PROVISIONS RELATED TO AUTHORITY TO ACT: Customer can also use right of disposal related to his account by Fianacial Intermediary and some of his rights in order to entitle a third person or surrogate him. When Customer wants to use this right, he has to deliver the name- surname, clear identity and signature sample of the person whom he entitles or surrogates to Financial Intermediary in a written statement and he also has to send identity copy of this person as an attachement to attorney arranged by notary. If any special limitation of authorization has not been stated in generally given attorney and authority to act, Customer accepts, declares and subscribes that this person is authorized in all transactions. Financial Intermediary is not responsible for the falsity of the attorney presented to itself and it is not obliged to analyze and research the factual convenience of it. Until all changes done in the use of authorization of these people are informed and ceritified to Financial Intermediary in a written statement by Customer or by successors of him -if he has died-, authority to dispose stated in the existing power of attorney will be valid. Unless all kinds of announcement, notification and declaration, which will be done via Turkish Trade Registry Gazette or similar means of broadcast, are informed to the people authorized for representing and binding Financial Intermediary in a written statement following their signature, this will not be binding for Financial Intermediary in any way. 6.2. If joint investment account is opened by more than one Customer, each one of the account owners -as long as the contradiction is not informed to Financial Intermediarycan transact/have transactions on his own without any limitation, can order and he can also use authorizations stated in the other articles of this Contract on his own. Therefore each one of the account owners accept and subscribe beforehand that they will jointly and severally be responsible for all conclusions that will result from the fact that the other/others use investment account and have transactions. 6.3. Financial Intermediary will control identities and sample signature of Customer, authorized representative or commissioner by comparing them with their signatures in transactions and orders. However in this control that will be done with a reasonable care, Financial Intermediary will not be responsible for similarities that cannot be conceived at first sight and for the consequences they will bear. 7. 7.1. OTHER PROVISIONS: Financial Intermediary can demand from Customer a declaration expressing the choice of risk and yield and the aim of investment and financial status in order to evaluate the choice of risk in accordance with Declaration of Capital Market Board Serial V No. 46. It can also save these information by noting down in ‘Customer Inquiry Form’. If Customer does not want to give these information, he will have to declare this decision in a written statement. Legal domicile and address for service of Financial Intermediary are the commercial address for service written hereby in the Contract and registered in authorized Commercial Registration. Customer is obliged to follow the change of address from Commercial Registration and he is obliged to send all kinds of notification, declaration, order and writings to the commercial residence address of Financial Intermediary on that date. Customer’s legal announcement and residence address are the address hereby in this Contract. Unless he declares the change on this address to Financial Intermediary in a written statement, all kinds of notifications and declarations made by Financial Intermediary to the latest address that has been known will be valid. Financial Intermediary is free to choose public and/or private distribution, courier and announcement institutions it prefers in notification transactions realized for Customer in accordance with provisions of this contract. In this sense, document, record and declaration related to the results of notification of the institution, which Financial Intermediary has prefered, have been accepted as conclusive evidence in accordance with the provision of Article 287 in Code of Civil Procedure. 7.3. Hereby this contract is perpetual. Parties have right to bilaterally or unilaterally terminate the contract whenever they want at the last moment. Financial Intermediary has a right to change the provisions hereby in this contract in any time. Financial Intermediary will inform Customer about the changes in the provisions of the cıntract. Unless Customer declares his objection as for the date when the declaration is sent witihin 15 days in a written statement, he will be cosidered to acept the changes. 7.4. Place of execution of all debt and responsibilities which will result from hereby contract is the place of legal domicile of exclusively of financial Intermediary. In case of disagreement, İstanbul Central General Court and Executive Directorate are authorized. 7.5. Hereby the contract has been arranged in 3 pages under 7 articles. This contract and Additional Intermediary Framework Contract related to Electronically Transaction of Capital Market Instruments which constitutes integral part and addition of this contract have been read and all provisions of it have been accepted and signed. 7.2. Date:....../......../.................... FINANCIAL INTERMEDIARY TACİRLER SECURITIES CO. Name,Surname/Title:....................... Cachet: Signature: IMPORTANT NOTE: Customers that will make a transaction via internet need to sign Additional Intermediary Framework Contract related to Electronically Transaction of Capital Market Instruments in the attachment. Furthermore you need to sign framework contract of repurchase and reverse repurchase agreement in the attachment if you want the cash in your account to be in repurchase agreement. CUSTOMER Signature: Signature TACİRLER SECURITY CO. ADDITIONAL INTERMEDIARY FRAMEWORK CONTRACT RELATED TO ELECTRONICALLY TRANSACTION OF CAPITAL MARKET INSTRUMENTS 1. PARTIES: 1.1. Tacirler Securities Co. ( will be called as ‘Financial Intermediary’ below ). ADDRESS: Nispetiye Cad. Akmerkez B3 Bl. Kat 9 Etiler – İstanbul 1.2.NAME SURNAME:..................................................................................................... ADDRESS :..................................................................................................... ( will be called shortly as ‘Customer’ below ) SUBJECT: Determining principals relating to the fact that Financial Intermediary deals in all kinds of securities on behalf of Customer in Stock Exchanges or out of Exchanges in accordance with Capital Market Law and decisions of legislation that have been given out or will be given out relating to this and follows and fulfills all kinds of transactions relating to this on behalf of Customer. 3- DEFINITIONS: Electronic Medium: Virtaul transactions medium with internet-access and computer, computer network, telephone line, modem etc. all kinds of electronic communication devices used to transmit Financial Intermediary within the framework of provisions stated in Article 49 of declaration Serial V No. 46 of Capital Market Board. Data Publication Agreements: Agreement signed between İstanbul Stock Exchange and MATRIKS Info Distribution Services Co. for the purpose of publication of data and obtaining them in ........../........./..................... and it is a sub-receiver agreement between Financial Intermediary and MATRIKS Info Distribution Services Co. in ......../........./............. Categories of Publication, Times and Table of Publication Medium: It is a table which determines publication status whose content has been stated by Financial Intermediary on this table and on the table attached to Attachement:3 in Additional Sub-Receiver Contract to ISE Data Publication Agreement which has been signed between Financial Intermediary and ISE and which takes place in the attachment of this agreement. Customer Information Form: A standard form including customers’ preference of risk and returns that take place in Article 12 Serial V, No. 46 Number Notification of CMB and including aim of investment and financial status. Security: All kinds of security and other capital market instruments and local or foreign currency stated in Capital Market Law number 3794 and diffrent with the Law number 2499 and in related regulations. Customer Orders: Notification that Customer gives Financial Intermediary in order that securities are traded, remittance and transfer are realized, share profit and interest receivables are collected, right of capital increase is used and similar demand could be realized by using such written or oral means of communication as telephone, telefax, telex, internet or simlar wired or wireless means of communication. Stock Exchange: In accordance with Laws, Securities Stock Exchanges that have been founded or will be founded in Turkey and legal stock exchanges where securities are traded and that have also operations abroad. ISE: İstanbul Stock Exchange Code Number: For use in transactions in electronic medium, it is a secret number, word or sign given by Financial Intermediary to Customer as numeric or alpha numeric and that can be changed freely by Customer in the first use of it. 4- PROVISIONS OF CONTRACT: 4.1. General Provisions: 4.1.a. İn order for the fact that Customer can generally give all kşnds of purchase and sale order in electronic medium especially in internet or via telephone and he can follow information and news broadcasting that will be presented by Financial Intermediary on internet, before all he must have; Telephone line registered on his own name and (tuşlu ) telephone, Computer terminal, monitor and modem line which have technical qualities for providing internet access, and he must also readily have Microsoft Internet Explorer programme ( 5.0 and over ). Loss and damages, which will result from the fact that these are incomplete or insufficient, and also the responsibility for not being able to benefiting from this service all belong to Customer. 4.1.b. Before beginning to benefit from this seervice and information and news that will be given relating to market, Customer has to sign ‘intermediary framework contract relating to trade of capital market Instruments, Repurchase and Reverse Repurchase Agreement and Electronic Purchase and Sale Framwork Contract’ and has to fill ‘Customer Information Form’. 4.1.c. Financial Intermediary will give Customer a secret ‘Code’ and ‘User name’ which will be used only by the owner of it in order for the fact that Customer can do electronic purchase and sale transactions and can benefit from data publications. This code and user name will be given to Customer after it is phoned by Customer Financial Intermediary and goes under a security control. The code that is given will be immediately changed by customer in the first use and new code composed by himself will be used. Customer is entirely responsible for preservation of the code. Loss and damages that will result from code’s being lost, stolen or learn by a third person and abused will belong to Customer. It will be accepted that all transactions after code’s being used have been done by Customer. Customer has declared, accepted irrevocably and contracted that he knows specified responsibilities. 4.2. Provisions Related to Electronic Transactions of Purchase and Sale: 4.2.a. There is a need for Customer to have sufficient money and shares in his account in order for the fact that electronically submitted purchase and sale orders can be fulfilled by Financial Intermediary. Otherwise Financial Intermediary is free about realizing given orders or not. However if Customer has an opened account for transactions on credit and has signed ‘Framework Contract of Purchase Transaction on Credit of capital Market Instruments’, electronically submitted purchase and sale orders can be fulfilled together with the provisions stated in the contract. 4.2.b. Financial Intermediary is not responsible for the fact that the orders electronically submitted by Customer cannot be fulfilled or are fulfilled as incomplete or wrong because of unpredictable reasons or because of technical and similar failure on the system, telephone, modem line, computer or hardware. 4.2.c. Customer can always learn recent accoutn status of any day, account abstract, all transaction inventory, all securities and balance of current account via electronic medium and he can print these out. In this case, it is accepted that Financial Intermediary has fulfilled his responsiblity towards Customer by informing him about account abstract and recent status of account. Therefore Customer has accepted and declared that he does not want account abstract and recent status of account to be sent also to his address as he can provide these information electronically. 4.2.d. In fulfillment of electronically given orders by Financial Intermediary, in the case of which no provision is found hereby in this contract, provisions stated in ‘Intermediary Framework Contract related to Purchase and Sale of Capital market Instruments’ dated ........./......../............... and in ‘Repurchase and Reverse repurchase Framework Contract’ dated ........./......../...............signed between Customer and Financial Intermediary will be applied. 4.2.e. Customer has declared to accept and subscribe that he knows provisions of Capital market Law and Decree, Constitution, Regulations, Declaration, Notice and all kinds of legislations related to this law; he has read and understood data publication agreements signed between ISE and MATRIKS Info Distribution Services Co. and also between Fianacial Intermediary and MATRIKS Info Distribution Services Co. and he has accepted application of provisions not contradictory and not in the provisions of hereby contract. 4.2.f. Customer accepts, declares and subscribes that his giving pruchase and sale orders, his collection and pay of cash, his giving direction for remittance, transfer and payment, his being aware of his previous transactions and his approving of these transactions are all conclusive and presumptive evidence. 4.2.g. Categories of Publication, Times and Table of Publication Medium in the attachment of this contract are integral parts of the contract. Financial Intermediary has assessed and confirmed the publication status which will be provided for Customer over this table. By taking this into consideration, Financial Intermediary has confirmed the publication status as GROUP:1-B, CATEGORY:2. Financial Intermediary has a right reserved to prefer whichever group or category from this table in which they are attached. 4.3. Other Provisions: 4.3.a. As long as Customer benefits from these services and hereby the contract remains in force, Customer accepts, declares and subscribes that Financial Intermediary and ISE can do all kinds of control about administrative, financial and technical issues of Customer-when they consider it necessary to do and that they can demand information and document which they consider necessary and can keep the minutes and they have these rights. 4.3.b. Customer accepts, declares and concedes that copyrights of the information provided with this contract belong to ISE. Customer has accepted, declared and subscribed that data cannot be made an issue for publication and/or promulgation in no wise and in no case and that they cannot be shown as a source and otherwise all forensic and penal responsibilities belong to himself. Within this scope, Financial Intermediary can use all authorization and rights which arise from Intermediary Framework Contract related to Purchase and Sale of Capital Market Instruments and the attachment of it related and a part of hereby the contract by accepting this point of the contract exclusively as gross violation of it for the purpose of use of them on condition that rights of all other legal recourse and indemnity when Customer and and/or Financial Intermediary are exposed to legal proceeding, court case or prosecution in any legal and/or other cases as a result of determination of national and/or international provisions of the contract violation by Financial Intermediary and/or ISE, MATRIKS Info Distribution Co and/or other owners of right. He has the authorization to use THE RIGHT OF PLEDGE AND/OR CONFINEMENT over account asset as an assurance for all damages and/or receiivables that have arisen or will arise. This article is valid for one of the cases of violation of Customer responsibilities hereby the contract by Customer. 4.3.c. Financial Intermediary has a right to change the provisions of hereby the contract in any time. Financial Intermediary will inform Customer about the changes of the contract. It will be accepted that Customer has accepted the changes if he does not submit his objection in a written statement within 3 days as of the date when notification is sent. 4.3.d. Hereby the contract has been executed for indefinite times. Parties can annihilate unilateral the contract whenever they want on condition that they declare in a written statement. In that case, it is accepted that the contract is annihilated within five days after the notification of annihilation is subitted to the other party. However responsibilities which begins before the annihilation of the contract and of which execution overhangs after the date of annihilation continue binding the parties. 4.3.e. Place of execution of all debt and responsibilities which will result from hereby contract is the place of legal domicile of exclusively of financial Intermediary. In case of disagreement, İstanbul Central General Court and Executive Directorate are authorized. 4.3.f. Hereby the contract has been arranged in 2 pages under 4 articles. This contract and Intermediary Framework Contract related to Transaction of Capital Market Instruments which constitutes integral part and addition of this contract have been read and all provisions of it have been accepted and signed. Date:....../......../.................... FINANCIAL INTERMEDIARY TACİRLER SECURITIES CO. Name,Surname/Title:....................... Cachet: Signature: CUSTOMER Signature: TACİRLER SECURITY CO. FRAMEWORK CONTRACT OF REPURCHASE AND REVERSE REPURCHASE AGREEMENT PARTIES: 1. Tacirler Securities Co. ( will be called as ‘Financial Intermediary’ below ). ADDRESS: Nispetiye Cad. Akmerkez B3 Bl. Kat 9 Etiler – İstanbul 2. NAME SURNAME:..................................................................................................... ADDRESS :..................................................................................................... ( will be called shortly as ‘Customer’ below ) Principals related to the fact that securities are sold to Customer with commitment of repurchase or sale in an exact term and price in accordance with Article 30/1-d of Capital Market Law and the provisions of Declaration number serial V No:7 of Capital Market Board are determined by Financial Intermediary. REPURCHASE AGREEMENT: Sale of security to Customer by Financial Intermediary under the repurchase commitment of Financial Intermediary and resale of Customer. REVERSE REPURCHASE AGREEMENT: Security purchase of Financial Intermediary from Customer under the resale commitment of Financial Intermediary and repurchase commitment of Customer. TERM: The date of repurchase and sale of Security. CONFIRMATION FORM: A kind of form which is edited by Financial Intermediary and on which there are the date of transaction, all transacted security, cost of purchase-sale and term of transaction. SECURITY: Securities which is stated in Declaration number Serial V No: 7 of Capital Market Board and which will be determined by laws later on. PROVISIONS OF THE CONTRACT: 1- Financial Intermediary will give Customer the breakdown for all transaction of repurchase done apart from Stock Exchange. The person and the institution which transactions have been done, the quality of the transaction, the definition of the 23- 4- 5- 6- 7- security and information related to this, purchase and sale cost of the security, term of repurchase and the value of it will be determined on the breakdown. Financial Intermediary and Customer accept and subscribe to act in accordance with the content of the breakdown. Financial Intermediary will not deliver Customer the securities subjected to purchase and repurchase and will ‘store’ these up for the corporation and institution stated in these regulation in accordance with the regulation which have been done or will be done by Turkish Republic of Central Bank. These transactions will be done via accounts. During the transaction of repurchase, ownership of the security belogs to Customer, during the period of term the ownership of the security transfers to Financial Intermediary with the payment of repurchase cost. During the transaction of reverse repurchase the ownership of the security transfers to Financial Intermediary, during the period of term the ownership of the security transfers to Customer with the payment of resale cost. It is obligatory that securities that Financial Intermediary has bought from Customer during the transaction of reverse repurchase are delivered to Financial Intermediary at the transaction time. Costs that will be paid to Financial Intermediary by Customer because of the transactions of repurchase and reverse repurchase can be made as a payment of transfer, cheque and cah to Financial Intermediary by other banks in accordance with the demand of Financial Intermediary. They can also be entered into account with customer’s other rights and receivables of corporation. When Customer has not a contradictory order, payment that will be done to Customer by Financial Intermediary can be done to the account in the other banks as cheque or cash or remittance, transfer and EFT and they will also be done by being invested in the accounts under the control of Financial Intermediary or by being entered in an account off-set with the other transactions. Customer can use transactions of repurchase and reverse repurchase which he will do with Financial Intermediary and his power of disposition related to these transactions or he can use some parts of these rights in order to entitle or surrogate a third person. When Customer wants to use these rights, he has to submit Name and Surname of the person whom he has entitled or surrogated, clear identity and his sample signature to Financial Intermediary in a written statement and he also has to send a copy of identity of this person in the written attachement. Unless any special limitation of the authorization is stated in generally given authorization of attorneyship and representation, Customer accepts, declares and subscribes that this person is perfectly authorized in all transactions. Financial Intermediary is not responsible for the falsity of the attorney presented to itself and it is not obliged to analyze and research the factual convenience of it. Until all changes done in the use of authorization of these people are informed and ceritified to Financial Intermediary in a written statement by Customer or by successors of him -if he has died-, authority to dispose stated in the existing power of attorney will be valid. Unless all kinds of announcement, notification and declaration, which will be done via Turkish Trade Registry Gazette or similar means of broadcast, are informed to the people authorized for representing and binding Financial Intermediary in a written statement following their signature, this will not be binding for Financial Intermediary in any way. Financial Intermediary will control identities and sample signature of Customer, authorized representative or commissioner by comparing them with their signatures in transactions and orders. However in this control that will be done with a reasonable care, Financial Intermediary will not be responsible for similarities that cannot be conceived at first sight and for the consequences they will bear. 8- When Financial Intermediary and Customer are in default about fulfilling their action because of the repurcahse and reverese repurchase transactions of Financial Intermediary and Customer, the party in default is responsible for paying the other party default interest which is applied for interbank market by Turkish Republic Central Bank and also 1% (one percentage) penal clause over nominal value. When Financial Intermediary cannot fulfill action of itself because of Cusomer’s transactions of repurchase and reverse repurchase, it can partially or fully sell securities subject to transactions of repurchase and reverse repurchase whenever it wants. If the amount of sale does not afford the debt, Financial Intermediary will have a right to have confinement, to the credit of the account and settlement over all securities and over their right and receivables that have ancillary come into or will ancillary come into in the other account of the Customer or which are held in safe custody in Takasbank, CRA or in Central Bank until their debts will be expurgated. Financial Intermediary can also deduct securities to the credit of the account by selling these securities as it wants or it can transfer these to the other indebted accounts of the Customer. 9- Legal domicile and address for service of Financial Intermediary are the commercial address for service written hereby in the Contract and registered in authorized Commercial Registration. Customer is obliged to follow the change of address from Commercial Registration and he is obliged to send all kinds of notification, declaration, order and writings to the commercial residence address of Financial Intermediary on that date. Customer’s legal announcement and residence address are the address hereby in this Contract. Unless he declares the change on this address to Financial Intermediary in a written statement, all kinds of notifications and declarations made by Financial Intermediary to the latest address that has been known will be valid. 10- Customer can give orders of repurchase and reverse repurchase transactions via telephone or similar means of communication or orally or by using such means of communication as teletex, telefax or internet which transfer picture and writing. Financial Intermediary is free about fulfilling these orders which have been given in this way and have oral quality or not exclusively according to his own appreciation and apprehension under the responsibility saddled on him by all legislation provisions. Furthermore, Financial Intermediary is free about fulfilling these orders given in this way as long as they are not confirmed by Customer. When the orders given orally before are confirmed later on, and if there is a difference between the order confirmed in a written form and oral order, oral order fulfilled will be valid. If they are existing together with notebook, record and documents of the corporation in the orders which Financial Intermediary has taken from Customer via such means of communication as telephone or telex, telefax or internet which deliver photograph and writing or in an oral form, documnets coming from means of communication which deliver recording tape cassette and writing and pictures have a quality of conclusive evidence according to Article 287 of Code of Civil Procedure. 11- About the regulations and provisions which do not take place hereby in this contract, provisions that take place in Intermedairy Framework Contrant of Purchase and Repurchse of Capital Market Instruments and in attached and relating the other Contracts will be valid. 12- Hereby the contact is perpetual. Parties have a right to teminate the contract as unilateral or bilateral whenever thay want on condition that they inform in a written statement within 7 (seven) office days. Financial Intermediary has a rgiht to change the provisions hereby in the contract in any time. Fianacial Intermedairy will inform Customer about the changes of the provisions in written statement. Unless Customer submits his objection within 7 days as of the date when declaration is sent in a written statement, it will be accepted that he has accepted tehse changes. Transactions of repurchase and reverse repurchase done before the passing day of the contract will result on condition that actions during the date of term are fulfilled and in accordance with conditions stated in this contract and as relating to these transactions. 13- Place of execution of all debt and responsibilities which will result from hereby contract is the place of legal domicile of exclusively of financial Intermediary. In case of disagreement, İstanbul Central General Court and Executive Directorate are authorized. 14- Hereby the contract has been arranged in two pages under 14 articles and all the provisions of it has been signed by being accepted. Date:....../......../.................... FINANCIAL INTERMEDIARY TACİRLER SECURITIES CO. Name,Surname/Title:....................... Cachet: Signature: CUSTOMER Signature: TACİRLER SECURITY CO. CUSTOMER INFORMATION FORM Account Number: Name, Surname:............................................................ Citizen: ........T.R. ................. (Please write down as in the identity card) Other: Sex: ........Male ..........Female Maiden name: ........................... Birth date: Day: ...... Month: ....... Year:...... Place of Birth: ........................... Name of father: ........................... Maiden name of your mother: ........................................ (this info is for your security) Type of identity: ...Identity card ...Driving licence...PassportCitizenship Identity no............... Identity: ........... Serial No: .............. Identity No: ............... Given Date and Place: ................. Fiscal Administration you are bound: .................................. Your Academic Background: ..... Secondary ...........High school ........University ....... Master Your Job: .......Public .......Private ........Self .........Retired ............Other Name of your business:...................... Field of Operation:................. Year of Foundation: ........ Business/Job title: ................................. Job: .................................... If you have self employment, your business: ........belongs to you ........belongs to member of your family ........Rent ADDRESS INFO House Address: ............................................................................................................................. Telephone No: ................. Mobile No: (.....).................. Fax No:.............Epost:.................@.... Residence: ....belongs to you ...belogs to your family .......mass housing .... Rent Business Address: ......................................................................................................................... Business Telephone No: (......).........................Mobile No:(.......)................. Fax No: ........................ E-Post: ....................@.............. REASON FOR PREFERENCE OF TACİRLER ONLINE Our Internet Site: .......................................................................................................................... Advertisement of Newspaper, Magazine: .................................................................................... Advertisement of Internet, TV:..................................................................................................... Customers of Tacirler:.................................................................................................................. Offices of Tacirler:....................................................................................................................... Staff of Tacirler:.......................................................................................................................... Other:........................................................................................................................................... FAMILY INFO Name of your spouse:............Birthday:Day..... Month:...... Year:..........Number of children:..... Job of your spouse:................Business/Job Title:................. Business: ....Private ....Public Address of Business:..................................................................................................................... Name –Surname of relative whom we can call in case of emergency:......................................... Telephone No: (.........).....................Mobile No: (.....)........................Office No: (......)............... FINANCIAL INFO Net Amount of Total of Annual Income (New Turkish Liras): ................................................. (Annual Net Salary:....................Income of Self Employment:.............Income of Rent.............. Interest Income:...........................) Certifiable Annual Income of your spouse (New Turkish Liras):............................................... Your own real assets: ( write down number) ...Residence ....Store ....Office ....Porperty in land ....Field ....Other............ Addresses (if available):............................................................................................................. Total Market Value of Real Assets (New Turkish Liras):......................................................... Credit Cards you mostly use: Type of Card:.................... Bank of it:................................ Card No:...................................... Type of Card:.................... Bank of it:................................ Card No:...................................... Risk and Earning Preference: ...................... Aim of your Investment:........................ (*) Financial Info is demanded for the purpose of measurement of your risk preference in accordance with Provisions of Declaration number Serial V No.46 of CMB. If there is no desire to give information, please sign the declaration below. • I do not want to give required information about the issue stated above. Name, Surname: .......................................... Signature REFERENCES Name and Surname: .................................................. Telephone No: (.........)............................. Social Association, Club and Other Institutions : ........................................................................ Your Position on these institutions: ...Member ...Founder ...Administrator ....Charged ...Other Your banks: Name of Bank:......................................Office:...............................Account Number:................ Name of Bank:......................................Office:...............................Account Number:................ Type of Transactions: ...Deposit ...Commercial ....Repurchase ... Regular Info about Bill ...Consumer loan ....Commercial Loan ...Commercial Investment Fax No that you want your account info to be sent to(......)................................................. E-post Address that you want your account info to be sent to................................@........... Owner of the account Name/Surname Signature1 Signature2 Signature3 Hereby this Form has been arranged in accordance with Porvisions of declaration number Serila V No. 46 of CMB. INFORMATION FORM OF CORPORATE CUSTOMER Job title: .................................................................................................................................. Address:.................................................................................................................................. Telephones: (........)........................................ Fax: (.........).................................................... Commercial Register No: (.......).................... Registry Date:................................ Certification Date:.......................................... Name of Fiscal Administration:..................................Fiscal Administration No:................... Date of Operating Certificate:.....................................No:...................................................... SIGNATURE SAMPLE OF CUSTOMER Account No:............................................................................ Name Surname:...................................................................... Sample Signature 1 Sample Signature 3 Sample Signature 5 RATIFIER Sample Signature 2 Sample Signature 4 Sample Signature 6 RATIFIER ........../........../..................... ATTACHMENT RELATED TO RATE AND COLLECTION OF COMMISSION FEE IN PURCHASE AND SALE TRANSACTIONS OF SHARE CERTIFICATE FOR INTERNET ACCOUNTS Supported by the provisions Article 4 of Framework Contract related to Purchase and Sale of Capital Market Instruments, our Institution will accrue and collect commission fee at a rate the details of which are stated below over purchase and sale amount from Customer in return for purchase and sale orders of share certificates on behalf of Customer. Financial Intermediary always has a right to freely change rate of commission fee and to apply this change as of the date when this is informed to Customer. Customer accepts that different commission rates stated below according to total sum of daily transactions in scale practice will be applied. -Scale Practices for Orders Given via Internet ( Sum of Daily Transaction Volume) Transaction Volume (New Turkish Liras) 0-75.000 75.001-175.000 175.001-275.000 275.001-400.000 400.001-550.000 550.001-700.000 700.001 and over Rate of Commission Fee (except BSMV) 7,99/10000 6,99/10000 6,49/10000 5,49/10000 4,99/10000 3,99/10000 2,99/10000 -Scale Practices for Orders Given out of Internet ( Sum of Daily Transaction Volume) Transaction Volume (New Turkish Liras) 0-20.000 20.001-100.000 100.001-200.000 200.001-350.000 350.001 and over Customer Account Number: Name, Surname: Signature: Rate of Commission Fee (except BSMV) 2/1000 1,5/1000 1,25/1000 1/1000 8,5/10000 Tacirler Securities Co. Office: Internet Cachet/Signature: