NEWSLETTER-2017

357 MISCELLANEOUS • All kinds of project development, fund raising based on projects, foreign project credit extensions, and resource pro- curement through other means, • Realization of any kinds of commercial and financial activi- ties in domestic and foreign primary and secondary markets, participation by the Company in domestic investments and foreign investments conducted by other states and/or foreign companies. Pursuant to Article 2/7 of Law No. 6741, the board of directors of the Company shall be composed of at least five members. The chair- man and the members of the board, and the general director shall be appointed by the Prime Minister. It is required that the chairman and the members of the board, as well as the general director, each have at least five years of experience in at least one of the areas of economics, finance, law, treasury and banking. Resources of the Wealth Fund and Assets and Rights Transferred to the Wealth Fund Article 4 of Law No. 6741 lists the resources of the Wealth Fund and enables the Wealth Fund to obtain funds outside of these funds, from domestic and foreign markets. The resources of the Wealth Fund are, among others, the institutions and assets within the scope and pro- gram of privatization by the High Board of Privatization, and which are decided to be transferred to the Wealth Fund, and the cash surplus is decided to be transferred from the Privatization Fund to the Turkish Wealth Fund; surplus revenue, resources and assets in possession of state institutions and organizations, which are decided by the Council of Ministers to be transferred to Wealth Fund or to be managed by the Company. Within this scope, with the decision of the Council of Ministers, all or some of the Treasury shares in Türkiye Cumhuriyeti Ziraat Bankası Anonim Şirketi, Türkiye Petrolleri Anonim Ortaklığı (Turkish Petroleum) belonging to the Treasury, Eti Maden İşletmeleri Genel Müdürlüğü (General Directorate of Eti Minerals Management Directorate) and Çay İşletmeleri Genel Müdürlüğü (General Director-