Shareholding Structure

No amendments were made to the Bank’s Articles of Incorporation in 2010.

Information about the Bank’s shareholder structure and the identities and shareholding interests of real persons and legal entities that hold qualified shares:

As of 31 December 2010

Group

Shareholders

Capital (TL)

%

Number of Shareholders

 

 

 

 

 

A

Registered Foundations Represented by The General Directorate of Foundations

1,075,058,639.56

43.0023

1

B

Foundations

386,224,784.72

15.4490

1

B

Other Foundations

3,167,182.07

0.1267

274

B

Other Foundations managed by the Directorate General of Foundations.

1,456,339.96

0.0583

198

C

VakıfBank Mem. ve Hizm. Em. ve Sağ. Yard. San. Vakfı

402,552,666.42

16.1021

1

C

Other Individuals and Legal Entities

1,797,831.92

0.0719

445

D

Free float

629,742,555.35

25.1897

-

Total

 

2,500,000,000.00

100.00

920

 

Shares owned by the Chairman and members of the Bank’s Board of Directors, CEO and Executive Vice Presidents:
İsmail ALPTEKİN, a member of the Bank’s Board of Directors, owns one share of VakıfBank “Class C” stock representing TL 59.36 of share capital.
(0. 00000237)

The Bank’s subsidiaries and affiliates, its participation in their share capitals, information about each subsidiary and affiliate:
Number of subsidiaries and affiliates of VakıfBank, which was 24 in 2009, remained unchanged as of year-end 2010.

Sixteen of VakıfBank’s subsidiaries operate in the finance industry (five in banking, two in insurance and nine in other financial lines of business) whereas eight are non-financial companies (one in energy, two in tourism, one in manufacturing and four in other non-financial lines of business).

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