İMKB 30, İMKB 50, İMKB 100 and İMKB 10 Bank Indices
• In order for stocks to be eligible for inclusion in the indices they should be traded either in List A or List B as of the end of the appraisal period. Stocks traded in List C are not included in the indices.

• The composition of İMKB 30, İMKB 50, and İMKB 100 indices are comprİMKBd of the stocks of companies traded on the National Market and the stocks of the real estate investment trusts and venture capital investment trusts traded on the Corporate Products Market, whereas the composition of İMKB 10 Bank index is comprİMKBd of the stocks of the banks traded on the National Market.

• To become eligible for inclusion in the indices, stocks should have been traded on İMKB for at least 60 days as of the end of the appraisal periods. If the stocks are included in the indices within the appraisal period because of a market value (of the publicly offered portion) higher than TL 1 billion or 1% of the total market value of shares outstanding in the National Market, the 60-day trading requirement does not apply.

• If a company has more than one group of stock, then only one group of stock can be included in the indices.

• The selection procedure for the indices is as follows:

- Stocks are ranked from highest to lowest both according to the market value of shares outstanding as of the end of the appraisal period and according to the daily average traded value in the appraisal period. (In the calculation of the daily average traded value, only the number of days on which the stocks have been traded and the board lot trades with feature codes “E” (Old) and "Y" (New) are taken into account.)

- After the stocks are ranked in two separate lists according to the two criteria mentioned above, a final ranking is made as described below:

If there is any stock which is in the first place in both lists, it is assigned to the first place in the final list. If there is no stock which is in the first place in both lists, it is examined whether there is any stock which is in the first two places. These steps are repeated until a stock which will be assigned to the first place in the final list is found. After finding the stock to be assigned to the first place in the final list, the above steps are repeated for the succeeding places. If there are two stocks which are eligible to be placed in the first “n” places in both lists, then the one with the higher market value is assigned to the upper rank in the final list.

- Selections for the indices are made starting with the stocks placed on top of the final list. The upper and lower ranks described in Periodic Review section below should also be taken into account in order for a stock which is not a constituent to be included in that index and in order for a constituent stock to be excluded from that index.

Dividend Indices

The Executive Council of İMKB examines market data on a periodic basis, and determines the stocks to constitute the indices.

İMKB Dividend Index

The index consists of the stocks of companies listed on the National Market and Second National Market and the stocks of real estate investment trusts and venture capital investment trusts listed on the Corporate Products Market.

Companies that have a Net Profit, as of the Appraisal Date, on their annual financial statements prepared for the last 3 fiscal years in accordance with the CMB Legislation are included in the index if and to the extent the amount of dividend distributed to shareholders, which is calculated by subtracting from the amount of cash dividend paid to the shareholders in the succeeding fiscal year the amount of rights issue which is carried out in the same fiscal year by vesting preemptive rights to the shareholders (the total amount found by multiplying capital increase amount by the rights issue price), is positive.

When determining the dividends paid, the dividends that are distributed after the initial listing of the company on the Exchange are taken into account.

Companies which, as of the appraisal day, reported loss in the 12-month period preceding the date of the last financial statement that was announced on the PDP are not included in the index.

İMKB Dividend 25 Index

The stocks to be included in the index are selected from among the companies that are included in İMKB Dividend Index.

Stocks that are included in İMKB Dividend Index are ranked from higher to lower according to dividend yield to determine the stocks that remain within the first 2/3 slice, and the stocks so determined are ranked further from higher to lower according to market value of shares outstanding, and the stocks to be included in the index are selected starting from the stock on top of the list.

If a company has more than one group of stocks that are traded with different ticker symbols, then only one group of stocks can be included in the index.

If the ranking according to market value includes less than 25 stocks, then the companies that were not qualified to be ranked are ranked from higher to lower according to their dividend yields, and stocks are chosen to the index starting from the stock at the top of the ranking until the number of stocks in the index reaches 25 provided that any company that has more than one group of stocks traded with different ticker symbols can have only one group of stocks included in the index.

Corporate Governance Index

In order for the stocks of a company to become eligible for inclusion in the Corporate Governance Index, its Corporate Governance Rate must be a minimum of 7 over 10.

The rating must be given upon the request of the company that is willing to be rated and must be renewed or confirmed annually.

If ratings have been obtained from more than one rating institution, the last reported rating amongst the ratings will be taken into account. In the event that the rating agreement of any of these rating institutions is terminated for any reason, or the rating institution is excluded from the “List of Rating Institutions” by CMB, then the rating given by the other rating institution will be used.

The stocks of the companies that meet the minimum rating requirement are included in the index on the business day that succeeds the date of notification of the rating to PDP. (Any notice delivered to PDP after 12:00 hrs on half days, or after 16:30 on other days are deemed to have been delivered on the next business day.)

City Indices

In production companies, the city where minimum 50% of the production takes place is taken into account. In service companies (except communication and construction companies and holdings), the city where minimum 50% of the operating income is derived is taken into account. If there is no city where minimum 50% of the production or operating income is realized/derived, then the city where the registered office is located is taken into account.

For communication companies, construction companies and holdings, the city where the registered office is located is taken into account.

Companies listed on the Corporate Products Market, banks, insurance companies, financial leasing companies, factoring companies, brokerage houses and companies operating in the retail sector listed in other markets are excluded.

For the stocks of a company to be included in the city indices, the scope of the city indices should cover the activities of the company and there should be an index being calculated for the city in which the company is covered.