Migros Ticaret A.Ş. Capital Distribution

Shareholder Holding (TL) Holding
MH Perakendecilik ve Ticaret A.Ş. 89,046,058 49.18%
Kenan Investments S.A. 21,308,336 11.77%
Migros Ticaret A.Ş. 2,962,116 1,64%
Other 67,737,723 37.41%
Total 181,054,233 100.00%

  Current Breakdown of Real and Legal Persons Indirectly Holding the Capital
Name Share Amount (TL) Capital Percentage (%)
Süleyman Kamil Yazıcı 18,366,305.5 10.14
BC Partners 17,254,216.4 9.53
Tülay Aksoy 15,524,853.0 8.57
Tuncay Özilhan 15,261,229.0 8.43
DeA Capital 3,706,368.4 2.05
Süleyman Vehbi Yazıcı 2,605,695.5 1.44
Vahit Yazıcı 2,030,467.7 1.12
Hidayet Yazıcı 1,929,829.3 1.07
Nilgün Yazıcı 1,849,198.6 1.02
Fazilet Yazıcı 1,833,892.6 1.01
Gülten Yazıcı 1,832,040.3 1.01
Gülşen Yazıcı 1,815,022.9 1.00
Hülya Elmalıoğlu 1,806,129.8 1.00
Turkish Private Equity Fund II 702,162.0 0.39
AG Anadolu Grubu Holding A.Ş. Other 25,672,451.8 14.18

  * There is not any other shareholder that owns more than 5% of Migros’ share capital other than the above table.
Foreign Subsidiaries

Domestic Subsidiaries
Foreign Subsidiaries

Kazakhstan – Ramstore Kazakhstan LLC
Ramstore Kazakhstan was established in Almaty, the old capital of Kazakhstan in 1998. Samal Shopping Mall, the first store of the company, began its operations in May 1999. The shopping mall, the first of its kind in the city, has been servicing Almaty people on a closed area of 25,000 m² in total with its large product portfolio of imported and domestic products, more than 70 stores, fast food restaurants, cinema and a ice-skating rink. Ramstore Kazakhstan opened 2 new stores in 2018. As of the end of 2018, Ramstore Kazakhstan operates 1 shopping mall, 2 hypermarkets and 16 supermarkets. At the end of 2018, total sales area of Ramstore Kazakhstan reached 25.000 m² approximately.
 North Macedonia – Macedonia DOO
Ramstore Macedonia DOO was established in 2003 as subsidiary of Ramstore Bulgaria AD. The company opened Ramstore Mall, its first Shopping Center investment on 11 June 2005. With its capex of about 20 million Euros in total, this investment has become one of the biggest Turkish investments in Macedonia. In Ramstore Mall, which has a closed area of 25.000 m² in total, there is a Ramstore Vardar hypermarket with a net sales area of 2.350 m². Ramstore Mall, situated in the city center, services Skopje people with more than 90 stores inside as well as café, restaurant and entertainment areas. As of the end of 2018, Ramstore Macedonia operates 1 shopping mall and 26 supermarkets. Total sales area of Ramstore Macedonia reached 22.000 m² approximately at the end of 2018.

Domestic Subsidiaries

Sanal Merkez T.A.Ş.
Migros Ticaret Share: 100%
Launched in 1997, Migros Virtual Market delivers products from different categories to the customers’ doorsteps. The paid-in capital of Sanal Merkez T.A.Ş. is 450,000 TL and Migros Ticaret A.Ş. is the sole shareholder. Migros Virtual Market is one of the leading internet shopping websites in Turkey. Every product and service that is available in a Migros store can be purchased by a customer 24 hours a day seven days a week at exactly the same price and with exactly the same advantages. Seeking to maximize customer accessibility with the addition of smartphone and tablet applications to its existing online and telephone shopping channels, Migros Virtual Market continued to grow rapidly in 2018. Migros Virtual Market’s operations have been expanded to 139 stores in 28 cities year-round. Migros Virtual Market renewed and upgraded its online shopping functionalities in 2018.

For detailed information: www.sanalmarket.com.tr