TSPB ANNUAL REPORT 2019

53 TCMA 2019 ANNUAL REPORT INVESTMENTS Borsa Istanbul The Association holds a 1.3% equity stake in Borsa Istanbul, with a share in TL 5,502,042 in the company’s capital of TL 423,234,000. Central Securities Depository of Turkey TCMA has a 5% share in the Central Securities Depository of Turkey (MKK). Our Association holds TL 1,800,000 of the company’s total capital of TL 36,000,000. The Association continued to be represented by one member on the MKK Board of Directors in 2019. Capital Markets Licensing, Registry and Training Agency TCMA holds a 49% share in the Capital Markets Licensing Registry and Training Agency (CMLTA). The Association holds TL 2,940,000 in the company’s total capital of TL 6,000,000 and was represented by two members on the CMLTA Board of Directors in 2019. IN KEEPING WITH THE TARGET OF FOSTERING THE CAPITAL MARKETS, THE ASSOCIATION ACQUIRED EQUITY STAKES IN INCORPORATED CAPITAL MARKETS INSTITUTIONS AND PARTICIPATED IN THEIR MANAGEMENT, AND THUS CONTRIBUTED TO IMPROVING OUR SECTOR.