Hepsiburada announces grant of all regulatory approvals for change of control

D-MARKET Electronic Services & Trading announces that, as of January 2, 2025, the four regulatory approvals required for effecting the previously announced sale and purchase of 65.4% of the total outstanding shares of the Company pursuant to the stock purchase agreement dated October 17, 2024, between Joint Stock Company Kaspi.kz, as buyer, and the selling controlling shareholders of Hepsiburada (HEPS) identified therein, as sellers have been granted. The relevant regulatory authorities identified in the Stock Purchase Agreement were the following: the Turkish Competition Board, the Banking Regulation and Supervision Agency, the Information Technologies and Communications Authority and the Central Bank of the Republic of Turkiye. Furthermore, the Company announces that the Board of Directors has decided to call for an Extraordinary General Assembly Meeting of Shareholders to convene at its headquarters located at the address of “Kutepe Mahallesi Mecidiyekoy Yolu Caddesi No:12 Trump Towers, Tower No:2 Floor:2 ili/stanbul.” on January 31, 2025, at 15:00.

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