NEWSLETTER-2017

356 NEWSLETTER 2017 Fund and the sub-funds related to this fund. The founding capital of the Company, which amounts to fifty million Turkish Liras, is sup- plied by the Privatization Fund. The shares representing this capital paid in full belong to the PrivatizationAdministration Directorate. The shares are nominative shares. Pursuant to Article 2 of Law No. 6741, the Wealth Fund and the sub-funds related to this fund shall be established by the Company. Within the scope of Article 3/1 of Law No. 6741, the Wealth Fund shall be established through the registry of the Wealth Fund Bylaws with the trade registry. Additionally, if deemed necessary, sub-funds related to the Wealth Fund may be established. The establishment, structure, management and activities of these funds shall be determined pursuant to the Wealth Fund Bylaws and articles of association of the Company. The establishment of the Company was on August 26, 2016, was registered on November 7, 2016, and published in the Turkish Trade Registry Gazette dated November 15, 2016 and numbered 9198. The articles of association of the Company was registered on December 22, 2016, and was published in the Turkish Trade Registry Gazette dated December 28, 2016 and numbered 9229. Pursuant to Article 2 of Law No. 6741, the Company may engage in the activities below by taking into consideration the objectives set forth under the strategic investment plan and liquidity, investment, risk and profit preferences: • Sale and purchase of the shares of domestic and foreign companies, the shares and debt instruments of the issuers es- tablished in Turkey or abroad, the capital market instruments issued based on precious metals and commodity, fund par- ticipation shares, derivative instruments, lease certificates, immovable certificates, specially designed foreign invest- ment instruments and other instruments, • All kinds of money market operations, • Development of immovable, and rights on immovable, and all kinds of tangible rights,