Voluntary return of 1.6 billion TL from Türkiye Sigorta to SDIF

Türkiye Sigorta AŞ announced that it deposited the refund amount of 1 billion 599 million 887 thousand 908 TL, calculated based on the earnings obtained from some of the funds subject to liquidation, to the Savings Deposit Insurance Fund (TMSF) account today.

In its statement on the Public Disclosure Platform (KAP), the company stated that it has expanded its internal audit and review efforts to cover 2025. Türkiye Sigorta stated that, during the examination, it determined that it invested some of the funds in question in accordance with the legislation in force at the time of the investment and the company's investment policy and that it made profits from these transactions.

The company stated that the earnings were in compliance with the legislation, but in line with its ethical principles and understanding of fairness, it decided to return it voluntarily after negotiations with the SDIF and the Capital Markets Board (CMB). The refund amount was calculated by deducting the inflation effect corresponding to the investment period from the trading profit.

The following statements were included in the company's PDP statement.

"As a result of the comprehensive internal audit and review studies carried out by our Company for a while and the negotiations with the SDIF and the Capital Markets Board (CMB), the following issues are presented to the public. As stated in our special situation statement dated October 7, 2026, our Company does not have a balance in the funds subject to liquidation as of September 30, 2026. However, the internal audit studies carried out have been deepened to cover the year 2025 and our Company has transferred some of the funds in question in accordance with the legislation in force on the relevant dates and our Company's It has been determined that it made investments in accordance with its investment policy and earned profits from these investments. Although the earnings in question are in compliance with the legislation, it has been decided to return them on a voluntary basis in accordance with our Company's ethical principles and understanding of equity and as a result of negotiations with TMSF and CMB.

The refunded amount and the refund procedure were determined as a result of negotiations with SDIF and CMB and based on our Company's own calculations. Accordingly, the remaining 1 billion 599 million 887 thousand 908 TL after deducting the inflation effect of (D-PPI + CPI) / 2 corresponding to the investment period from the trading gains obtained from the funds in question was determined as the earnings to be refunded and the refund amount was deposited to the SDIF account today. It is envisaged that our Company has no other refund and/or payment obligations regarding the investments made in the said funds. Our company's legal rights regarding this payment are reserved. "Developments on the subject will continue to be shared with the public simultaneously with all our stakeholders."