Within the scope of our Anti-Bribery and Anti- Corruption Policy, which forms an integral part of our Bank’s legislation, we aim to comply with ethical principles and international standards in addition to the legal legislation valid in all countries where we operate. We adopt a zero-tolerance policy in this regard. Our Board of Directors’ responsibility is to approve, implement, and update our Anti-Bribery and Anti-Corruption Policy, including managers, our subsidiaries and affiliates and their employees; companies, business partners, and their employees from which we receive external services.

Our employees are obliged to directly report the persons and institutions that act against the policy rules or any situation that violates these rules to the Inspection Board. To ensure that the employee making the report is not harmed, we keep all notifications confidential and terminate our work with institutions that act against our Anti-Bribery and Anti-Corruption Policy. For such reports, employees can easily reach the Inspection Whistleblowing Line and e-mail addresses.

We deliver two e-learning courses to employees as part of our efforts to combat corruption. In 2022, the total duration of this training, completed by 19,912 people, was 43,517 hours. We also provided 209 hours of in-class training on Anti-Bribery and Anti-Corruption.

If the Anti-Bribery and Anti-Corruption Policy is violated, disciplinary sanctions will apply, including but not limited to the termination of the employment contract depending on the nature of the incident. In cases that contradict such Policy, the matter is examined by the Inspection Board, and relevant sanctions are imposed in line with applicable laws if such non-compliant conduct is determined to have taken place. In addition, criminal liability may be imposed on those who do not comply with the relevant legislation.

You can access our Anti-Bribery and Anti-Corruption Policy on our website at https://www.vakifbank.com.tr/Default.aspx?pageID=2783