TCMA ANNUAL REPORT 2018

Professional Committees Pursuant to Article 25 of the Statute of the Turkish Capital Markets Association (the Association), the following committees exist under our Association: a) Intermediary Institutions Professional Committee, b) Banks Professional Committee, c) Asset Management Companies Professional Committee, d) Investment Trusts Professional Committee. Professional Committees have been set up to work on topics in their respective fields assigned to them by the Board of Directors or determined thereby sua sponte. They collaborate with other committees if necessary, to form and submit joint opinions and suggestions. They also act as an advisory unit for the Association’s Board of Directors. Since the terms of office of committee members expired at the General Assembly convened on 9 May 2018 during which elections were made for the Association’s bodies, our members were informed about the application requirements for those wishing to serve on Professional Committees in the new period. Applications for memberships on Professional Committees were evaluated at the Association’s Board of Directors meeting held on 5 June 2018, and committee members were elected. Professional committee members serving in the new period carried out activities to help thrive the sector within the frame of the Association’s roadmap for the period ahead. During the reporting period, Professional Committee worked on topics that concern their respective groups, and presented their opinions and suggestions to the relevant institutions and the Association’s Board of Directors. Professional committees act as an advisory unit for the Association’s Board of Directors. 29 TCMA 2018 ANNUAL REPORT