TCMA 2020 ANNUAL REPORT

MEMBERSHIPS DEİK The Foreign Economic Relations Board (DEİK) was founded in 1988, in order to handle the foreign economic relations of the private sector. Our Association became a member of DEİK in 2008 in “founding member” status to represent our industry more effectively on international platforms. ASF The Asia Securities Forum (ASF) was founded in 1995 with the aims of improving the securities market, contributing to economic development and promoting exchange of information between members in the Asia-Pacific region. Our Association became a member of this forum in September 2009, whose members are associations, exchanges and various institutions in the region. ICSA The International Council of Securities Associations (ICSA) is an organization representing the associations of the industry. The aim of the Council, which was founded in 1988, is to contribute to the development of the capital market by ensuring cooperation between member associations. The Association has been a member of ICSA since 2006. IFIE The aim of the International Forum for Investor Education (IFIE), which was set up in 2005 as an independent organization, is to enhance investor education on a global level and to support investors in taking well-informed decisions. Our Association joined the Forum in September 2009, where self-regulatory, regulatory and various non-profit organizations are represented. The Association is a member of the Board of Directors of IFIE since 2011. INFE The Organization for Economic Cooperation and Development (OECD) set up the International Network on Financial Education (INFE) in 2008 to promote financial literacy across member countries. The Association joined the platform in 2015 as an affiliate member. IOSCO The International Organization of Securities Commissions (IOSCO) was founded in 1983 to set global standards in the capital markets. Our Association joined the organization as an affiliate member in 2003, whose members include capital market regulatory agencies. A regular contributor to the bulletin that facilitates information sharing among affiliate members, our Association keeps the international public opinion informed of the developments in our marketplace. ISTAC İstanbul Arbitration Center (ISTAC) was founded upon the enforcement of the İstanbul Arbitration Center Arbitration Law no. 6570 and dated 20 November 2014, which was published in the Official Gazette issue 29190 dated 29 November 2014. ISTAC is an independent, impartial and autonomous institution providing arbitration and mediation services for dispute resolution between commercial actors in Turkey and abroad. The ISTAC’s dispute resolution services are available to all contracting parties, without any membership requirements. The Association has become a member of ISTAC in 2017 in “General Assembly Member” status. TAX COUNCIL Our Association is represented with one member on the Tax Council, which was established to provide the T.R. Ministry of Treasury and Finance with feedback on the formulation and implementation of tax policies, and to conduct studies and researches on these issues. TUBITAK Venture Capital (Private Equity) Funding Program “Venture Capital (Private Equity) Funding Program” (GİSDEG) was set up under TUBITAK (The Scientific and Technological Research Council of Turkey) the Directorate of Technology and Innovation Funding Program with the aim to activate venture capital funds supporting startups focusing on R&D. Our Association joined the Group Executive Committee that offers feedbacks and suggestions regarding the Program’s activities. The Committee presents its final decision suggestions related to the projects and venture capital funds to be provided with grants to TUBITAK President’s Office. 58 TCMA 2020 ANNUAL REPORT