Vakıfbank announces a long-term share buyback program decision.

Vakıfbank (VAKBN) has decided to initiate a share buyback program spanning three calendar years to ensure price stability by intervening against potential fluctuations in its stock prices. The bank aims to protect the rights of long-term investors and create a secure environment through this buyback initiative. The Board of Directors announced that the buyback transactions will be conducted in accordance with the Capital Markets Board's (CMB) Communiqué on Repurchased Shares (II-22.1).

In line with the decision made during the Board meeting on March 20, 2025, the number of shares set for repurchase under the current buyback program has been increased from 150 million to 250 million nominal shares. Additionally, the previously announced buyback budget of 1 billion TL has been raised to 12 billion TL. This program aims to balance any adverse price movements in the market and protect long-term investors. The details of the buyback program will be discussed at the bank's first general assembly meeting, with all repurchase transactions funded from the bank's equity.