Common use of GENERAL PRINCIPLES Clause in Contracts

GENERAL PRINCIPLES. Conflict of interest is a conflict state between interest of a person in a position requiring trust related to its task and its personal interest in general. It is essential for our personnel to stand clear of conflicts of interest that may occur during their works and not allowing any intervention that may affect their honesty and objectivity. Our employees’ acts in a fair and honest way by supervising the interest of their customers and integrity of the market while offering investment services and activities and ancillary services. Our employees are obliged to pat necessary care and attention in any transaction related to capital markets. This policy and foreseen principles regarding conflict of interest shall not be used in such a manner that will arise the conclusion of making works and transactions against legislation. Our corporation has become an organization structure that will prevent conflicts of interest in relations with its customers that may occur between itself, its partners, employees, managers and persons directly or indirectly associated with them and its customers as well as between a customer and another customer. Environment and conditions required for occupational and personal development are provided to our employees. In the event of failure to prevent conflict of interest due to reasonable reasons caused by the operation of the market, customers are informed in written about the content and reasons of conflicts of interest that may occur between our Corporation and our customers before offering the related activity or service and takes signature of customer regarding that information has been made. Our Corporation shall not make transactions in favor of one or more customers and against the others against the objective good faith rules. No priority is given to any person or corporation in fulfillment of customer orders. Time priority rule is applied pursuant to related SPK legislation. In offering capital market transactions to the customer, our Corporate acts together with all other financial corporations with capital partnership binding in preventing conflict of interest. Also our Corporation has established its systems and applications in order to prevent cases where; • It will obtain financial gain against customer or it will get rid of financial loss, • It will obtain interest from service or activity offered to customer although customer has no interest, • It will obtain interest as a result of preferring one customer or customer group to other customer or customer group, • It will obtain financial gain other than standard fee and commission from another person out of customer due to service and activity offered to the customer. Within the scope of portfolio brokerage which is the activity of Corporation’s fulfilling purchasing or sales orders of customers related to capital market instruments as the counter party, it is possible that customer’s making loss and the counter party Corporation’s making profit due to quality of offered service or product. Authorized corporation is liable for disclosing to the customer important conflicts of interest with the issuer and important financial conflicts regarding capital market instrument that especially the comment and suggestion çalışan ve tavsiyenin hazırlanmasına katılan tüm gerçek veya tüzel kişiler için de geçerlidir. Sunulan yorum ve tavsiyelere konu ihraççı ile Kuruluşun karşılıklı olarak ödenmiş sermayelerinde veya oy haklarında %1 veya daha fazla oranda sahip oldukları paylara, sahip oldukları yönetim imtiyazına, aralarındaki kredi sözleşmesi, kira kontratları gibi diğer önemli finansal ilişkilere ilişkin bilgilerin müşteriye açıklanması zorunludur.

GENERAL PRINCIPLES. Conflict of interest is a conflict state between interest of a person in a position requiring trust related to its task and its personal interest in general. It is essential for our personnel to stand clear of conflicts of interest that may occur during their works and not allowing any intervention that may affect their honesty and objectivity. Our employees’ acts in a fair and honest way by supervising the interest of their customers and integrity of the market while offering investment services and activities and ancillary services. Our employees are obliged to pat necessary care and attention in any transaction related to capital markets. This policy and foreseen principles regarding conflict of interest shall not be used in such a manner that will arise the conclusion of making works and transactions against legislation. Our corporation has become an organization structure that will prevent conflicts of interest in relations with its customers that may occur between itself, its partners, employees, managers and persons directly or indirectly associated with them and its customers as well as between a customer and another customer. Environment and conditions required for occupational and personal development are provided to our employees. In the event of failure to prevent conflict of interest due to reasonable reasons caused by the operation of the market, customers are informed in written about the content and reasons of conflicts of interest that may occur between our Corporation and our customers before offering the related activity or service and takes signature of customer regarding that information has been made. Our Corporation shall not make transactions in favor of one or more customers and against the others against the objective good faith rules. No priority is given to any person or corporation in fulfillment of customer orders. Time priority rule is applied pursuant to related SPK legislation. In offering capital market transactions to the customer, our Corporate acts together with all other financial corporations with capital partnership binding in preventing conflict of interest. Also our Corporation has established its systems and applications in order to prevent cases where; • It will obtain financial gain against customer or it will get rid of financial loss, • It will obtain interest from service or activity offered to customer although customer has no interest, • It will obtain interest as a result of preferring one customer or customer group to other customer or customer group, • It will obtain financial gain other than standard fee and commission from another person out of customer due to service and activity offered to the customer. Within the scope of portfolio brokerage which is the activity of Corporation’s fulfilling purchasing or sales orders of customers related to capital market instruments as the counter party, it is possible that customer’s making loss and the counter party Corporation’s making profit due to quality of offered service or product. Authorized corporation is liable for disclosing to the customer important conflicts of interest with the issuer and important financial conflicts regarding capital market instrument that especially the comment and suggestion açıklamakla yükümlüdür. Söz konusu yükümlülük, Kuruluş ile istihdam ilişkisi doğuracak bir sözleşme çerçevesinde veya herhangi bir sözleşme olmaksızın çalışan ve tavsiyenin hazırlanmasına katılan tüm gerçek veya tüzel kişiler için de geçerlidir. Sunulan yorum ve tavsiyelere konu ihraççı ile Kuruluşun karşılıklı olarak ödenmiş sermayelerinde veya oy haklarında %1 veya daha fazla oranda sahip oldukları paylara, sahip oldukları yönetim imtiyazına, aralarındaki kredi sözleşmesi, kira kontratları gibi diğer önemli finansal ilişkilere ilişkin bilgilerin müşteriye açıklanması zorunludur.

GENERAL PRINCIPLES. Conflict of interest is a conflict state between interest of a person in a position requiring trust related to its task and its personal interest in general. It is essential for our personnel to stand clear of conflicts of interest that may occur during their works and not allowing any intervention that may affect their honesty and objectivity. Our employees’ acts in a fair and honest way by supervising the interest of their customers and integrity of the market while offering investment services and activities and ancillary services. Our employees are obliged to pat necessary care and attention in any transaction related to capital markets. This policy and foreseen principles regarding conflict of interest shall not be used in such a manner that will arise the conclusion of making works and transactions against legislation. Our corporation has become an organization structure that will prevent conflicts of interest in relations with its customers that may occur between itself, its partners, employees, managers and persons directly or indirectly associated with them and its customers as well as between a customer and another customer. Environment and conditions required for occupational and personal development are provided to our employees. In the event of failure to prevent conflict of interest due to reasonable reasons caused by the operation of the market, customers are informed in written about the content and reasons of conflicts of interest that may occur between our Corporation and our customers before offering the related activity or service and takes signature of customer regarding that information has been made. Our Corporation shall not make transactions in favor of one or more customers and against the others against the objective good faith rules. No priority is given to any person or corporation in fulfillment of customer orders. Time priority rule is applied pursuant to related SPK legislation. In offering capital market transactions to the customer, our Corporate acts together with all other financial corporations with capital partnership binding in preventing conflict of interest. Also our Corporation has established its systems and applications in order to prevent cases where; • It will obtain financial gain against customer or it will get rid of financial loss, • It will obtain interest from service or activity offered to customer although customer has no interest, • It will obtain interest as a result of preferring one customer or customer group to other customer or customer group, • It will obtain financial gain other than standard fee and commission from another person out of customer due to service and activity offered to the customer. Within the scope of portfolio brokerage which is the activity of Corporation’s fulfilling purchasing or sales orders of customers related to capital market instruments as the counter partyYetkili kuruluş, it is possible that customer’s making loss and the counter party Corporation’s making profit due to quality of offered service or productyatırım danışmanlığı faaliyeti sırasında sunulan yorum ve tavsiyelerin objektifliğini etkilemesi muhtemel nitelikteki tüm ilişki ve koşulları, özellikle yorum ve tavsiyenin ilgili olduğu sermaye piyasası aracına ilişkin önemli finansal çıkarlarını veya ihraççı ile olan önemli çıkar çatışmalarını müşteriye açıklamakla yükümlüdür. Authorized corporation is liable for disclosing to the customer important conflicts of interest with the issuer and important financial conflicts regarding capital market instrument that especially the comment and suggestion Söz konusu yükümlülük, Kuruluş ile istihdam ilişkisi doğuracak bir sözleşme çerçevesinde veya herhangi bir sözleşme olmaksızın çalışan ve tavsiyenin hazırlanmasına katılan tüm gerçek veya tüzel kişiler için de geçerlidir. Sunulan yorum ve tavsiyelere konu ihraççı ile Kuruluşun karşılıklı olarak ödenmiş sermayelerinde veya oy haklarında %1 veya daha fazla oranda sahip oldukları paylara, sahip oldukları yönetim imtiyazına, aralarındaki kredi sözleşmesi, kira kontratları gibi diğer önemli finansal ilişkilere ilişkin bilgilerin müşteriye açıklanması zorunludur.

GENERAL PRINCIPLES. Conflict of interest is a conflict state between interest of a person in a position requiring trust related to its task and its personal interest in general. It is essential for our personnel to stand clear of conflicts of interest that may occur during their works and not allowing any intervention that may affect their honesty and objectivity. Our employees’ acts in a fair and honest way by supervising the interest of their customers and integrity of the market while offering investment services and activities and ancillary services. Our employees are obliged to pat necessary care and attention in any transaction related to capital markets. This policy and foreseen principles regarding conflict of interest shall not be used in such a manner that will arise the conclusion of making works and transactions against legislation. Our corporation has become an organization structure that will prevent conflicts of interest in relations with its customers that may occur between itself, its partners, employees, managers and persons directly or indirectly associated with them and its customers as well as between a customer and another customer. Environment and conditions required for occupational and personal development are provided to our employees. In the event of failure to prevent conflict of interest due to reasonable reasons caused by the operation of the market, customers are informed in written about the content and reasons of conflicts of interest that may occur between our Corporation and our customers before offering the related activity or service and takes signature of customer regarding that information has been made. Our Corporation shall not make transactions in favor of one or more customers and against the others against the objective good faith rules. No priority is given to any person or corporation in fulfillment of customer orders. Time priority rule is applied pursuant to related SPK legislation. In offering capital market transactions to the customer, our Corporate acts together with all other financial corporations with capital partnership binding in preventing conflict of interest. Also our Corporation has established its systems and applications in order to prevent cases where; • It will obtain financial gain against customer or it will get rid of financial lossçıkar elde edeceği, • It will obtain interest from service or activity offered to customer although customer has no interestBir müşteri ya da müşteri grubunun diğer bir müşteri veya müşteri grubuna tercih edilmesi sonucunda çıkar elde edeceği, • It will obtain interest as a result of preferring one customer or customer group to other customer or customer groupMüşteriye sunulan hizmet ve faaliyet nedeniyle müşteri dışında kalan başka bir kişiden standart ücret ve komisyon dışında mali kazanç elde edeceği durumları engellemek üzere sistemlerini ve uygulamalarını oluşturmuştur. Müşterilerin sermaye piyasası araçlarıyla ilgili alım veya satım emirlerini karşı taraf olarak Kuruluşun yerine getirmesi faaliyeti olan portföy aracılığı kapsamında, • It will obtain financial gain other than standard fee and commission from another person out of customer due to service and activity offered to the customersunulan hizmet ya da ürünün niteliği gereği müşterinin zarar etmesi ve karşı taraf olan Kuruluşun kâr elde etmesi mümkündür. Within the scope of portfolio brokerage which is the activity of Corporation’s fulfilling purchasing or sales orders of customers related to capital market instruments as the counter partyYetkili kuruluş, it is possible that customer’s making loss and the counter party Corporation’s making profit due to quality of offered service or productyatırım danışmanlığı faaliyeti sırasında sunulan yorum ve tavsiyelerin objektifliğini etkilemesi muhtemel nitelikteki tüm ilişki ve koşulları, özellikle yorum ve tavsiyenin ilgili olduğu sermaye piyasası aracına ilişkin önemli finansal çıkarlarını veya ihraççı ile olan önemli çıkar çatışmalarını müşteriye açıklamakla yükümlüdür. Authorized corporation is liable for disclosing to the customer important conflicts of interest with the issuer and important financial conflicts regarding capital market instrument that especially the comment and suggestion Söz konusu yükümlülük, Kuruluş ile istihdam ilişkisi doğuracak bir sözleşme çerçevesinde veya herhangi bir sözleşme olmaksızın çalışan ve tavsiyenin hazırlanmasına katılan tüm gerçek veya tüzel kişiler için de geçerlidir. Sunulan yorum ve tavsiyelere konu ihraççı ile Kuruluşun karşılıklı olarak ödenmiş sermayelerinde veya oy haklarında %1 veya daha fazla oranda sahip oldukları paylara, sahip oldukları yönetim imtiyazına, aralarındaki kredi sözleşmesi, kira kontratları gibi diğer önemli finansal ilişkilere ilişkin bilgilerin müşteriye açıklanması zorunludur.

GENERAL PRINCIPLES. Conflict of interest is a conflict state between interest of a person in a position requiring trust related to its task and its personal interest in general. It is essential for our personnel to stand clear of conflicts of interest that may occur during their works and not allowing any intervention that may affect their honesty and objectivity. Our employees’ acts in a fair and honest way by supervising the interest of their customers and integrity of the market while offering investment services and activities and ancillary services. Our employees are obliged to pat necessary care and attention in any transaction related to capital markets. This policy and foreseen principles regarding conflict of interest shall not be used in such a manner that will arise the conclusion of making works and transactions against legislation. Our corporation has become an organization structure that will prevent conflicts of interest in relations with its customers that may occur between itself, its partners, employees, managers and persons directly or indirectly associated with them and its customers as well as between a customer and another customer. Environment and conditions required for occupational and personal development are provided to our employees. In the event of failure to prevent conflict of interest due to reasonable reasons caused by the operation of the market, customers are informed in written about the content and reasons of conflicts of interest that may occur between our Corporation and our customers before offering the related activity or service and takes signature of customer regarding that information has been made. Our Corporation shall not make transactions in favor of one or more customers and against the others against the objective good faith rules. No priority is given to any person or corporation in fulfillment of customer orders. Time priority rule is applied pursuant to related SPK legislation. In offering capital market transactions to the customer, our Corporate acts together with all other financial corporations with capital partnership binding in preventing conflict of interest. Also our Corporation has established its systems and applications in order to prevent cases where; • It will obtain financial gain against customer or it will get rid of financial loss, • It will obtain interest from service or activity offered to customer although customer has no interest, • It will obtain interest as a result of preferring one customer or customer group to other customer or customer group, • It will obtain financial gain other than standard fee and commission from another person out of customer due to service and activity offered to the customer. Within the scope of portfolio brokerage which is the activity of Corporation’s fulfilling purchasing or sales orders of customers related to capital market instruments as the counter party, it is possible that customer’s making loss and the counter party Corporation’s making profit due to quality of offered service or product. Authorized corporation is liable for disclosing to the customer important conflicts of interest with the issuer and important financial conflicts regarding capital market instrument that especially the comment and suggestion çalışan ve tavsiyenin hazırlanmasına katılan tüm gerçek veya tüzel kişiler için de geçerlidiris related, all relations and conditions that are likely to affect objectivity of comments and suggestions offered during the investment consultancy activity. Sunulan yorum ve tavsiyelere konu ihraççı ile Kuruluşun karşılıklı olarak ödenmiş sermayelerinde veya oy haklarında %1 veya daha fazla oranda sahip oldukları paylaraThe said liability is also valid for all real or legal persons participating in preparation of the suggestion and employees without any contract or within a frame of contract that will arise employment relation with the Corporation. It is obligatory to disclose information regarding other important financial relations such as shares that they have at the ratio of 1% or more in their capitals paid mutually or voting rights of issuer and Corporation being subject to offered comments and suggestions, sahip oldukları yönetim imtiyazınamanagement privilege that they have, aralarındaki kredi sözleşmesicredit agreement between them, kira kontratları gibi diğer önemli finansal ilişkilere ilişkin bilgilerin müşteriye açıklanması zorunludurrental contracts.

GENERAL PRINCIPLES. Conflict of interest is a conflict state between interest of a person in a position requiring trust related to its task and its personal interest in general. It is essential for our personnel to stand clear of conflicts of interest that may occur during their works and not allowing any intervention that may affect their honesty and objectivity. Our employees’ acts in a fair and honest way by supervising the interest of their customers and integrity of the market while offering investment services and activities and ancillary services. Our employees are obliged to pat necessary care and attention in any transaction related to capital markets. This policy and foreseen principles regarding conflict of interest shall not be used in such a manner that will arise the conclusion of making works and transactions against legislation. Our corporation has become an organization structure that will prevent conflicts of interest in relations with its customers that may occur between itself, its partners, employees, managers and persons directly or indirectly associated with them and its customers as well as between a customer and another customer. Environment and conditions required for occupational and personal development are provided to our employees. In the event of failure to prevent conflict of interest due to reasonable reasons caused by the operation of the market, customers are informed in written about the content and reasons of conflicts of interest that may occur between our Corporation and our customers before offering the related activity or service and takes signature of customer regarding that information has been made. Our Corporation shall not make transactions in favor of one or more customers and against the others against the objective good faith rules. No priority is given to any person or corporation in fulfillment of customer orders. Time priority rule is applied pursuant to related SPK legislation. In offering capital market transactions to the customer, our Corporate acts together with all other financial corporations with capital partnership binding in preventing conflict of interest. Also our Corporation has established its systems and applications in order to prevent cases where; • It will obtain financial gain against customer or it will get rid of financial loss, • It will obtain interest from service or activity offered to customer although customer has no interest, • It will obtain interest as a result of preferring one customer or customer group to other customer or customer group, • It will obtain financial gain other than standard fee and commission from another person out of customer due to service and activity offered to the customer. Within the scope of portfolio brokerage which is the activity of Corporation’s fulfilling purchasing or sales orders of customers related to capital market instruments as the counter party, it is possible that customer’s making loss and the counter party Corporation’s making profit due to quality of offered service or product. Authorized corporation is liable for disclosing to the customer important conflicts of interest with the issuer and important financial conflicts regarding capital market instrument that especially the comment and suggestion çalışan ve tavsiyenin hazırlanmasına katılan tüm gerçek veya tüzel kişiler için de geçerlidiris related, all relations and conditions that are likely to affect objectivity of comments and suggestions offered during the investment consultancy activity. Sunulan yorum ve tavsiyelere konu ihraççı ile Kuruluşun karşılıklı olarak ödenmiş sermayelerinde veya oy haklarında %1 veya daha fazla oranda sahip oldukları paylara, sahip oldukları yönetim imtiyazına, aralarındaki kredi sözleşmesi, kira kontratları gibi diğer önemli finansal ilişkilere ilişkin bilgilerin müşteriye açıklanması zorunludur.The said liability is also valid for all real or legal persons participating in preparation of the suggestion and employees without any contract or within a frame of contract that will arise employment relation with the Corporation. It is obligatory to disclose information regarding other important financial