Sasa's share buyback decision

Sasa announced a share buyback program with a maximum fund amount of 500 million TL. Following the regulations facilitating share buybacks, which were prominent in the efforts of the economy administration to compensate for the damage caused by the Stock Exchange being open in the first days of the earthquake, companies turned to share buybacks. Finally, Sasa also announced a share buyback program. According to the statement made by Sasa to the Public Disclosure Platform (KAP), at the meeting of the company's board of directors on February 15, 2023, it was decided that Sasa Polyester Sanayi A.Ş. would buy back Sasa shares from the Stock Exchange in order to prevent excessive volatility in its shares, contribute to healthy price formation and protect the interests of shareholders. The maximum fund amount to be allocated for the buyback, to be covered by the company's internal resources, will be 500 million TL. It was decided that the maximum number of shares to be bought back will not exceed this amount. The maximum period of the company's buyback program was determined as 1 year.