The number of permanent members, including members of the Retirement Pension System, has reached 508 thousand. The number of members in the Housing Savings Fund has reached 140 thousand.

AST Trade FZCO has been established in Dubai.

LWCM CO FZCO has been established in Dubai.

OYAK Jersey Investment Limited has been established in Jersey.

Amber Limited has been established in Jersey.

Sagra Grup Gıda Üretim ve Ticaret A.Ş. and Tamek Grup Gıda Üretim A.Ş. have been merged under the trade name Tamek Sagra Grup Gıda Üretim A.Ş.

The trade name of Adana Çimento Freeport Limited has been changed to Northern Cyprus Cimpor Free Port Trading Limited.

The trade name of Adana Çimento San. ve Tic. Ltd. has been changed to Northern Cyprus Cimpor Sanayi Limited.

Mat Metal B.V. and Ata Steel Investment B.V. have been merged under Ata Steel Investment B.V.

OYAK TURKOMAN Yatırım A.Ş. has been established.

The remaining 51% shares of İskenderun Enerji Üretim ve Tic. A.Ş. and Arkad Deniz Taşımacılığı A.Ş., of which 49% was owned by OYAK, have been acquired, resulting in 100% ownership of both companies.

Almatis Holdings 2 B.V. and Almatis B.V. have been merged under Almatis B.V.

OYEN Solar Enerji Dağıtım A.Ş. has been established.

SOMTURK PLC has been established in Somalia.

Cimpor Yapı Malzemeleri A.Ş. has been established.

Likitgaz Petrol Sanayi Ticaret A.Ş. has been established.

The number of members in the Retirement Salary System reached 482,000, and the number of members in the Housing Pre-Accumulation Fund reached 161,000.

The Ankara OYAK Seyirce 1st Phase housing project was completed and the residences were delivered to the beneficiaries.

The Ankara OYAK Seyirce 2nd Phase Housing Project has commenced.

The İzmir OYAK Çiğli 1st Phase Housing Project has commenced.

The title of OYAK Elektrik Enerjisi Toptan Satış A.Ş. has been changed to OYPOWER Elektrik Ticareti ve Hizmetleri A.Ş.

According to the preliminary memorandum of understanding signed between OYAK and Taiwan Cement Corporation (TCC) on November 27, 2023; binding agreements were signed on December 10, 2023, regarding the transfer of a 20% portion of the OYAK Çimento Fabrikaları A.Ş. shares (of which OYAK indirectly owns 60%) and the entirety of the shares in Cimpor Portugal Holdings SGPS, S.A. (of which OYAK indirectly owns 60%). The transfer processes were carried out on March 6, 2024.

All shares of MAT Metal B.V. and its 100% subsidiary Amsterdam Scrap Terminal B.V. have been acquired.

The title of OYAK Akaryakıt ve LPG Yatırımları A.Ş. has been changed to OYAK Otomotiv Enerji ve Lojistik Holding A.Ş.

99.98% of the shares of SAMAŞ Sanayi Madenleri A.Ş. have been acquired.

Birleşik Maden A.Ş. has been established.

TCC OYAK Amsterdam Holdings B.V.’s share in the capital of OYAK Çimento Fabrikaları A.Ş. increased from 75.81% to 80.05%.

The company titled Akdeniz Chemson Additives DMCC was established in Dubai.

Allvet Hayvan Sağlığı ve Besleme Ürünleri Anonim Şirketi was established.

The title of OYAK Çimento Enerji A.Ş. has been changed to T1C3 Teknoloji ve Yazılım Geliştirme A.Ş.

The sale of OCR Labs Global Limited and its subsidiary OCR Labs Türkiye Teknoloji Çözümleri Tic. Ltd. Şti., along with Halkin Capital Spv 19 Pty Limited and its subsidiary OCR Labs Pty, has been completed.

The entirety of Talya Bitkisel Ürünler Ticaret ve Sanayi A.Ş. was acquired by Talya Herbal LLC, in which we hold a 50% stake.

The number of permanent members, including those in the Retirement Salary System, exceeded 470,000. The number of members in the Housing Pre-Accumulation Fund reached 198,000.

The New General Management Building in Ankara and the Istanbul Dragos C Block office building have been opened for service.

Cimpor Energy, S.A. has been established.

İndisol Bilişim ve Teknoloji Hizmetleri A.Ş. has been established.

Ares Mersin Enerji Yatırımları A.Ş., Ares Çankırı Enerji Yatırımları A.Ş., Ares Manisa Enerji Yatırımları A.Ş., Ares Tufanbeyli Enerji Yatırımları A.Ş., and Ares Muş Enerji Yatırımları A.Ş. have been established.

The title of Radiantvoice Imobiliaria S.A. has been changed to Cimpor Imobiliaria S.A.

A 49% stake in Renault Makine Ekipmanları Ticaret ve Sanayi A.Ş. has been acquired, and the company's title has been changed to OYAK HORSE Makine Ekipmanları Ticaret ve Sanayi A.Ş.

Denizli Çimento A.Ş. was merged with OYAK Çimento A.Ş., and the title of OYAK Çimento A.Ş. was changed to OYAK Denizli Çimento A.Ş.

The title of GR Elektrik Enerji A.Ş. has been changed to ORİON Madeni Yağlar A.Ş.

All shares of Lider Ambalaj Sanayi ve Ticaret A.Ş. were acquired, and the company was merged with ORİON Madeni Yağlar A.Ş.

The title of AYAS Enerji Üretim ve Ticaret A.Ş. has been changed to OYAK Yenilenebilir Enerji A.Ş.

Tengri Panel Üretim A.Ş. was established, and the company’s title was changed to OYAK PV Panel Üretim A.Ş.

Akdeniz Chemson Additives FE LLC was established in Uzbekistan.

50% stakes in Talya Bitkisel Ürünler Ticaret ve Sanayi A.Ş. and the US-based Talya Herbal LLC have been acquired.

A 50% stake in İSKOLDEN Taşımacılık ve Ticaret A.Ş. has been acquired.

OYAK Steag Enerji Ticareti ve Hizmetleri A.Ş. and İskenderun Enerji Üretim ve Ticaret A.Ş. (İSKEN) have been merged under İSKEN.

OYAK Denizli Çimento A.Ş. and OYAK Çimento Fabrikaları A.Ş. have been merged under OYAK Çimento Fabrikaları A.Ş.

The number of permanent members, including those in the Retirement Salary System, exceeded 460,000, and the number of members in the Housing Pre-Accumulation Fund exceeded 212,000.

Innostar GmbH has been liquidated.

OMSAN Lojistik Kazakhistan TOO (Kazakhstan) has been liquidated.

Micro Medicine Inc. has been liquidated.

The title of Berkim Petrol Denizcilik ve Nakliyat A.Ş. has been changed to Otojet Enerji San. ve Tic. A.Ş.

Odak Refrakter ve Madencilik Sanayi ve Tic. A.Ş. was merged with Yenilikçi Yapı Malzemeleri Yatırım Üretim ve Sanayi Ticaret A.Ş. through a simplified merger procedure.

Cimpor Ghana Ltd. was established in the Republic of Ghana.

24.5% of the company titled Radiantvoice-Imobiliária, S.A. was acquired by Cimpor Industria de Cimentos, S.A., and 24.5% was acquired by Agrepor Agregados - Extracção De Inertes, S.A.

The title of Ünye Cem SRL has been changed to S.C Cimpor Romania Terminal S.R.L.

All shares of Durox Produtos Quimicos Ltda were acquired and the company has been liquidated.

The company titled GR Elektrik Enerji A.Ş. has been established.

The company titled HEKTAS ASIA LLC was established in Uzbekistan.

All shares of AYAS Enerji Üretim ve Ticaret A.Ş. have been acquired.

The Ankara OYAK Seyirce 1st Phase Housing Project has commenced.

The number of permanent members, including those in the Retirement Salary System, exceeded 450,000, and the number of members in the Housing Pre-Accumulation Fund exceeded 207,000.

Kümaş Manyezit A.Ş. was acquired along with its subsidiaries Odak Refrakter ve Madencilik San. ve Tic. A.Ş. and Yenilikçi Yapı Malzemeleri Yatırım Üretim San. ve Tic. A.Ş.

OYAK Global Risk Services Limited has been established.

Sagra Grup Gıda Üretim ve Ticaret A.Ş. has been established.

Tamek Grup Gıda Üretim A.Ş. has been established.

Satem Grup Gıda Dağıtım ve Pazarlama A.Ş. has been established.

OYAK Yatırım Menkul Değerler A.Ş. began trading on BIST; OYAK's share became 69.65%.

The title of Dalian Chemson Chemical Products has been changed to Akdeniz Chemson Additives (Dalian) Co. Ltd.

The title of Dalian Chemson Technical has been changed to Akdeniz Chemson Additives Technical (Dalian) Co. Ltd.

Omsan Lojistik OOO (Russia) has been liquidated.

United Payment Europe SRL has been established.

E61 Fund B.V. has been established.

OCR Labs Global Limited has been acquired.

Innovance Technologies GmBH has been acquired.

Akdeniz Chemson B.V. has been liquidated.

OCR Labs Global Limited (UK) was acquired by OYAK Capital Investment B.V. with a 10% stake, increasing the total partnership share to 39.40%.

OYAK's share in Hektaş Ticaret T.A.Ş. was increased from 53.81% to 58.82%.

All shares of Petrol Petrol Ürünleri Taşıt Araçları ve Dış Ticaret A.Ş. have been acquired.

The title of OYAK Carbon Black Investments B.V. has been changed to Continental Carbon OYAK (Netherlands) B.V.

Asena Patent Marka Fikri Telif Hakları Danışmanlığı ve Ticareti A.Ş. was acquired with 100% ownership.

OCR Labs Turkey Teknoloji Çözümleri Tic. Ltd. Şti. has been established.

Asena Patent Marka Fikri Telif Hakları Danışmanlığı ve Ticareti A.Ş. was merged with Tamek Grup Gıda Üretim A.Ş.

The Ankara Göksupark housing project was completed and the residences were delivered to the beneficiaries.

The number of permanent members, including those in the Retirement Salary System, approached 440,000, and the number of members in the Housing Pre-Accumulation Fund approached 200,000.

OYAK Carbon Black Investments BV was established to participate in international carbon black investments.

Investment has commenced for a carbon black production facility in Hatay.

Akdeniz Germany GmbH has been liquidated.

Güzel Enerji (TOTAL Stations) and M Oil have been acquired.

OYAK's 5 publicly traded cement companies (Adana, Bolu, Aslan, Ünye, and Mardin) merged under the title OYAK Çimento Fabrikaları A.Ş. With this merger, OYAK Çimento became the largest player in the domestic cement sector.

The merger process of OYAK Beton with OYAK Çimento Fabrikaları A.Ş. has been completed.

Sunset Kimya Tarım Ürünleri, one of the leading players in the plant protection market, was acquired.

A partnership was established by transferring a 14.9% stake in Ataer Madencilik San. ve Tic. A.Ş. to JFE Steel Corporation.

TOTAL Stations and M Oil merged under the commercial title Güzel Enerji Akaryakıt A.Ş.

Milangaz, a player in the LPG distribution market—a core component of the energy sector—joined OYAK.

A 50% stake in OYAK Steag Enerji Ticareti ve Hizmetleri A.Ş. has been acquired.

Akdeniz Kimya and Chemson merged under the brand Akdeniz Chemson.

Agriventis Technologies and Arma İlaç joined the Food and Agriculture companies.

A 4.90% stake in Halkın Capital SPV19 Pty Ltd was purchased, becoming a partner.

Cimpor Cameroun SA was established.

OYAK Gıda ve Tarım Holding A.Ş. was established.

The number of permanent members, including those in the Retirement Salary System, exceeded 418,000, and the number of members in the Housing Pre-Accumulation Fund exceeded 165,000.

Based on the agreement signed on October 26, 2018, regarding the acquisition of Cimpor’s Portugal and Cape Verde operations, the purchase transactions were completed as of January 2019.

Erdemir Enerji Üretim A.Ş. was established following the completion of its registration by Erdemir in January.

A share partnership was entered into with the Finland-based Miilux OY, a pioneer in the production of strategically important heat-treated high-strength steel and armor steel; 70% of the company's shares were acquired in February.

In February, Hektaş incorporated Akça Tohumculuk Arge Sanayi ve Dış Ticaret A.Ş.

OYAK Biyoteknoloji San. ve Tic. A.Ş. was established by OYAK in April.

Ataer Madencilik San. ve Tic. A.Ş. was established as a subsidiary of Ataer Holding in May.

In May, Miilux Yüksek Mukavemetli Çelik Üretim A.Ş. was established as a subsidiary of Miilux OY to operate in Manisa.

The sale of Almatis Burnside LLC to Arthur Metal LLC was carried out in June.

OYAK Capital Investments B.V. was established in June to manage OYAK’s international investments more effectively and efficiently.

ATA Steel Investments B.V. was established by Ataer Holding in August.

Chemson Polymer Additives (Zhejiang) Co. Ltd. was established by Chemson AG to operate in China.

Karbonsiyahı Kimyasal Ürünler Üretim A.Ş. was established in December to operate in the production of carbon black, for which our country is 100% import-dependent.

Announcements regarding the merger processes of the 5 publicly traded cement companies of the OYAK Cement Concrete Paper Group were published on the Public Disclosure Platform (KAP) in December.

Denizli Çimento and its subsidiary Modern Beton were merged under Denizli Çimento.

OYAK NYK Ro-Ro Liman İşletmeleri A.Ş. was established in partnership with Nippon Yusen Kabushiki Kaisha, with 55% owned by OYAK Denizcilik ve Liman İşletmeleri A.Ş.

The Shareholders' Agreement and other related agreements regulating the partnership between OYAK and Renault SAS were renewed for 27 years.

Almatis Singapore Pte Ltd. was established to carry out the Almatis Group's operations in Singapore.

A partnership agreement was signed between OYAK Çimento and Taiwan Cement Company (TCC), marking a significant step toward OYAK’s goal of becoming a global brand.

OYAK Çimento acquired the Portugal and Cape Verde operations of Cimpor, one of Europe's oldest and most established cement brands.

OYAK Selüloz ve Kağıt Fabrikaları A.Ş. was established as a 100% OYAK subsidiary. The company acquired the 49% stake in OYKA previously held by Adana Çimento.

The number of permanent members, including those in the Retirement Salary System, exceeded 325,000, and the number of members in the Housing Pre-Accumulation Fund exceeded 106,000.

Within the scope of housing services, land plots were acquired in Ankara-Balıkuyumcu, İzmir-Urla, and Yalova-Çiftlikköy.

The Ankara Göksupark housing project has commenced.

OYAK Sermaye Yatırımları A.Ş. was established as a 100% OYAK-owned company.

OYKA Enerji Ticaret A.Ş. was established as a 100% OYKA-owned company.

OYAK Grup Sigorta ve Reasürans Brokerliği A.Ş. was established as a 100% subsidiary of OYAK Yatırım Menkul Değerler A.Ş.

FNC Tarım Tic. ve San. A.Ş. was acquired by HEKTAŞ.

Omsan Lojistik Kazakhistan Too was established as a subsidiary of OMSAN Lojistik.

OMSAN broke new ground in Turkey's 161-year railway transportation history by becoming the private sector's first train operator.

OYAK Denizcilik ve Liman İşletmeleri A.Ş. has begun providing shipping agency services.

Restructuring efforts have commenced across the entire group; the managements of automotive, cement, and concrete companies operating under the same umbrella were separated on a sectoral basis.

OYAK’s mission, vision, and values have been updated.

The OYAK Website and Online Member Services were renewed to provide better service and increase member satisfaction.

The İzmir-Buca 2nd Stage 1st Phase housing project was completed and delivered to members.

The title and scope of activities of OYAK Girişim Danışmanlığı A.Ş. were changed to OYAK Denizcilik ve Liman İşletmeleri A.Ş. to centralize the management of port services for OYAK companies.

İSDEMİR Linde Gaz Ortaklığı A.Ş. was established as a 50-50 partnership with the Germany-based Linde Group.

While the number of permanent members, including those in the Retirement Salary System, approached 320,000, the number of members in the Housing Pre-Accumulation Fund exceeded 100,000.

The İzmir Buca 1st Phase housing project was completed and delivered to members.

The İzmir-Buca 2nd Stage 1st Phase housing project has commenced.

Shares of the Almatis Group, the world leader in the specialty alumina industry, were acquired.

The first investment in medical technologies was realized by acquiring the majority shares of the US-based MicroMedicine company.

ERDEMİR became the first steel company in Borsa İstanbul’s Sustainability Index.

OYAK Çimento A.Ş. was established, and OYAK-owned shares in cement, concrete, and paper-packaging companies were transferred to this company.

The transfer of the 25% stake in OYAK İnşaat, previously held by SGK (Social Security Institution), to OYAK has been completed.

The Ankara-Eryaman 2nd Phase housing project was completed and delivered to members.

ERDEMİR established Turkey's first Ministry-approved R&D Center in the steel sector.

Shares of Denizli Çimento and its subsidiary Modern Beton were acquired.

Partnership was terminated by selling the shares of TUKAŞ.

OYAK Teknoloji (OYTEK) was merged into OYAK Pazarlama.

The Ankara-Eryaman 1st Phase housing project was completed and delivered to members.

The İzmir-Buca 1st Phase housing project has commenced.

A 50% stake in RCI Pazarlama ve Danışmanlık Hizmetleri Limited Şirketi (today's ORF Kiralama, Pazarlama ve Pazarlama Danışmanlığı A.Ş.) was acquired.

All shares of the Luxembourg-based Atterbury SA, the owner of Chemson AG shares, were acquired. In this context, Chemson AG's companies located in various countries also joined the OYAK Group.

OYAK Portföy Yönetimi A.Ş. was established as a 100% subsidiary of OYAK Yatırım.

OSİAT Sigorta Acentelik Hizmetleri A.Ş. was established as a 100% subsidiary of ATAER Holding.

The Istanbul-İkitelli OYAKKENT 2nd Stage 2nd Phase housing project was completed and delivered to the beneficiaries.

The Ankara-Eryaman 2nd Phase housing project has commenced.

All shares of Akdeniz Kimya Sanayi ve Ticaret A.Ş. and Akdeniz Kimyasal Ürünler Pazarlama İç ve Dış Tic. A.Ş. were acquired.

A 50% stake in AYAS was sold to AES Entek, a joint venture of the Koç Group and AES.

Partnerships in Tam Gıda and Eti Pazarlama were terminated.

OYAK Group energy companies were consolidated under OYAK Birleşik Enerji A.Ş.

OYAK Konut İnşaat A.Ş. was liquidated.

OYAK ranked 433rd in the "Global Top 1000 Institutional Investors" list and 152nd in the "Europe's Top 1000 Pension Funds" list published in the October 2011 issue of Investment & Pensions Europe (IPE) Magazine.

The Ankara-Eryaman 1st Phase housing project has commenced.

OYAK Girişim Danışmanlığı A.Ş. was established to work on new investment opportunities.

ORFİN Finansman A.Ş. was established in partnership with the Renault Group.

The shares of the other partner in AYAS Enerji were acquired.

The partnership in Halk Finansal Kiralama A.Ş. was terminated.

Within İSDEMİR, the transition to flat steel products was completed as part of the largest single industrial investment in the history of the Republic.

The number of permanent members, including those in the Retirement Income System, exceeded 259,000, the number of members in the Housing Pre-Savings Fund exceeded 107,000, and the number of participants in the Donation-Based Retirement Income System exceeded 26,000.

OYAK was named the best individual pension fund in Turkiye by World Finance magazine, published by World News Media.

The Istanbul-Ikitelli OYAKKENT Stage 2 Phase 1 housing project was completed and handed over to members.

Production of the Fluence, which the Renault Group planned to market as its first electric car worldwide, began at the OYAK Renault factory.

OYAK received two awards in the Private Equity category from EMEA Finance.

Agreements were made with several banks to provide members with the opportunity to use housing loans under favourable conditions from sources outside of OYAK.

The Istanbul-Ikitelli OYAKKENT Phase 1 housing project was completed and handed over to members.

Construction commenced on the Istanbul-Ikitelli OYAKKENT Stage 2 Phase 2 housing project.

The Ankara-Zirvekent housing project was completed with the completion of Phase 5.

Aslan Cimento A.S. and its subsidiaries, formerly belonging to the Lafarge Marmara Group, were acquired.

A partnership was established in AYAS Enerji A.S., which was founded to realise a planned 625 MW thermal power plant investment in the Adana-Yumurtalik region.

The Izmir-Korfezkoy Yamacevler housing project was completed and handed over to members.

The Istanbul-Ikitelli OYAKKENT Stage 2 Phase 1 housing project commenced.

Shares in AXA OYAK Holding were sold to the AXA Group.

OYAK Emeklilik A.S. was sold to ING Central Europe Insurance Group.

For the first time at ERDEMIR, a blast furnace was built to designs by Turkish engineers and constructed by Turkish workers.

ISDEMIR carried out its first trial production of flat steel.

OYAK Renault began producing diesel engines and exporting them to Renault factories in other countries.

OMSAN Lojistik established OMSAN Havacilik A.S. and OMSAN Denizcilik A.S.

OYAK Bank shares were sold to the Netherlands-based ING Bank NV.

OYAK exited its partnership in OYSA Cimento following the sale of shares to the Sabanci Group.

Under an agreement between OYAK and the Renault Group, DOSSD, the general distributor of Dacia vehicles in Turkiye, was incorporated into MAIS.

Shares of OYAK Yatirim Ortakligi were offered to the public (IPO).

1,152 residences in the Ankara-Eryaman Atakent housing project were delivered to members.

The Izmir-Korfezkoy Yamacevler housing project commenced.

Work commenced on the Istanbul-Ikitelli OYAKKENT Phase 1 housing project.

ERDEMIR shares were acquired by ATAER Holding. Within this framework, ERDEMIR and its subsidiaries joined the OYAK Group.

OYAK's partnership with Elazig Cimento ended.

OYAK Yatirim Ortakligi A.S. was established by OYAK Yatirim.

The number of permanent members, including those in the Retirement Income System, exceeded 227,000, the number of members in the Housing Pre-Savings Fund exceeded 100,000, and the number of participants in the Donation-Based Retirement Income System reached 24,000.

1,660 residences in the Ankara-Eryaman Atakent housing project were delivered to members.

OYAK's partnership with Goodyear ended.

BIRCIM Cimento ve Madencilik Sanayi ve Ticaret A.S. (today's OYAK Birlesik Enerji A.S.) was established.

The tender for the sale of Eregli Demir ve Celik Fabrikalari T.A.S. (ERDEMIR), held by the Privatisation Administration, was won, and ATAER Holding A.S. was established for the purpose of acquiring the ERDEMIR shares.

OYAK received its first credit ratings from two international agencies, S&P and Moody's, becoming one of the first institutions outside the Treasury and banking sector to receive such ratings.

The ISO 9001:2000 Quality Management System certificate was obtained for the activities of the OYAK General Directorate.

Within the Ankara-Eryaman Atakent housing project, carried out in cooperation with OYAK-TOKI, an additional 1,152 residences were made available for allocation to members.

OYAK secured its first syndicated loan to strengthen its profile and participation in international capital markets.

A further 10% stake in OYSA Cimento, an OYAK-Sabanci subsidiary, was offered to the public.

A partnership was established in Iskenderun Enerji Uretim ve Ticaret A.S. (ISKEN).

The operations of OYTUR were terminated, and its tourism activities were transferred to OYAK Pazarlama.

Hygiene services carried out by OYAK Guvenlik were transferred to OYAK Pazarlama; subsequently, OYAK Guvenlik and OYAK Pazarlama were restructured based on their respective fields of activity.

Within the Ankara-Eryaman Atakent housing project, carried out in cooperation with OYAK-TOKI, 1,660 residences were made available for allocation to members.

OYAK Emeklilik A.S. (OYAK Pension Co.) was established.

OYKA Kagit Ambalaj acquired the SEKA Caycuma Plant from the Privatisation Administration.

OYSA Nigde and OYSA Iskenderun cement companies merged to form OYSA Cimento to create intra-group synergy.

OYAK Bank and Sumerbank merged under the umbrella of OYAK Bank.

The remaining shares of Adana Kagit Torba, an indirect subsidiary, were acquired, and the company was renamed OYKA Kagit Ambalaj.

OYAK Enerji San. ve Tic. A.S. and OYAK Konut Insaat A.S. were established.

OYAK's partnership with SELYAK ended.

Following the decision of the OYAK General Assembly, OYPA's activities in the retail sector were terminated.

OYAK Call Centre was established.

The Ankara-Cayyolu Phase 10 housing project was completed and handed over to members.

Sumerbank A.S. was acquired from the Savings Deposit Insurance Fund (SDIF). Sumerbank's subsidiary YADAS Bilgisayar ve Yazilim Hizmetleri A.S. (later restructured as OYAK Teknoloji) joined the OYAK Group.

Yasar Yatirim was acquired by OYAK Yatirim, and the merger of the two companies under the umbrella of OYAK Yatirim was completed.

The number of permanent members, including those in the Retirement Income System, reached 179,000, the number of members in the Housing Pre-Savings Fund reached 38,000, and the number of participants in the Donation-Based Retirement Income System reached 8,000.

Cooperation with VakifBank was initiated to use external resources for the Lending Service.

The Ankara-Cayyolu Phase 9 housing project was completed and handed over to members.

OYAK and its group companies began undergoing independent external audits, although these were not legally required.

OYAK Guvenlik A.S. (today's OYAK SGS) was established.

OYAK's partnership with ENTAS ended.

The Member Permanent Contact Point (UDTEN) was established to ensure continuous contact with members.

The Ankara-Cayyolu Phase 8 and Istanbul-Ayazaga Phase 6 housing projects were completed and handed over to members.

The Ankara-Cayyolu Phases 9 and 10 housing projects commenced.

AXA OYAK Holding A.S. was established in partnership with the French AXA Group.

The Istanbul-Ayazaga Phase 5 housing project was completed and handed over to members.

The Ankara-Cayyolu Phase 8 housing project commenced.

Ordu Pazarlari (Army Post Exchanges), excluding its Cyprus units, was separated from OYAK's direct structure and restructured under the name OYAK Buyuk Magazacilik Tic. A.S. (OYAK Pazarlama-OYPA).

OYAK Renault began producing the Megane Wagon, which was manufactured exclusively in Turkiye for the first time worldwide.

A portion of the shares in OYAK Insaat was sold to the Social Insurance Institution (today's SGK).

The OYAK website was launched. E-mail addresses were provided for members to submit their complaints, opinions, and suggestions.

The Istanbul-Ayazaga Phase 4, Ankara-Cayyolu Phase 7, and Izmir-Korfezkoy Phase 1 housing projects were completed and handed over to members.

The Istanbul-Ayazaga Phase 6 housing project commenced.

The Zirvekent Housing Project, constructed in stages in Ankara-Cankaya, commenced.

Through mutual share transfers in MAIS and OYAK Renault, OYAK became a 51% shareholder and the Renault Group a 49% shareholder in MAIS; while in OYAK Renault, OYAK became a 49% shareholder and the Renault Group a 51% shareholder.

With the amendment made to OYAK Law No. 205, the Retirement Income System was established, enabling members who had received their retirement benefits to retain their membership on a voluntary basis. To facilitate members in acquiring housing, the Housing Pre-Savings Fund was created, and a mechanism was introduced for combining periods of reserve officer service.

The Ankara-Cayyolu Phase 6 and Istanbul-Ayazaga Phase 3 housing projects were completed and handed over to members.

The Istanbul-Ayazaga Phase 5 housing project commenced.

Within the framework of privatisation practices, a partnership was established in Elazig Cimento together with the GAMA Group.

Turk Boston Bank acquired Anker Bank GmbH (today's OYAK Anker Bank), which operates in Germany.

Turk Boston Bank was renamed OYAK Bank, and Anker Bank was renamed OYAK Anker Bank.

The number of permanent members exceeded 134,000.

The Ankara-Cayyolu Phase 5 and Istanbul-Ayazaga Phases 1 and 2 housing projects were completed and handed over to members.

The Ankara-Cayyolu Phase 7, Istanbul-Ayazaga Phase 4, and Izmir-Korfezkoy housing projects commenced.

AXA OYAK Hayat Sigorta A.S. was established in partnership with the French AXA Group.

OYAK's partnership with Aselsan ended.

A portion of the Group B shares held in Adana Cimento was offered to the public. Group B shares began trading on the Istanbul Stock Exchange (ISE).

The Ankara-Cayyolu Phase 4 housing project was completed and handed over to members.

The Ankara-Cayyolu Phase 6 and Istanbul-Ayazaga Phase 3 housing projects commenced.

A portion of TUKAS shares was offered to the public.

All shares of Turk Boston Bank belonging to other partners were acquired.

A portion of OYAK Sigorta shares was sold to the French AXA Group.

OYAK's partnership with Petkim ended.

In line with developments in the finance sector, the Type A Mutual Fund OYAKFON-1 was established, and its participation certificates were offered to the public at the beginning of 1995.

The ALO OYAK voice response system was launched to facilitate members' access to information.

The Istanbul-Ayazaga Phase 2 and Ankara-Cayyolu Phase 5 housing projects commenced.

The Ankara-Cayyolu Phases 2 and 3 housing projects were completed and handed over to members.

20% of OYAK's shares in MAIS were transferred to the Renault Group.

OYAK's partnership with Pinar Et ended.

The Ankara-Cayyolu Phase 1 housing project was completed and handed over to members.

The Ankara-Cayyolu Phases 3 and 4 and Istanbul-Ayazaga Phase 1 housing projects commenced.

A partnership was established with the Sabanci Group for the Nigde Cimento and Iskenderun Cimento factories, which were sold through privatisation tenders.

The housing project in Antalya was completed and handed over to members.

The Ankara-Cayyolu Phase 2 housing project commenced.

A partnership was established in Halk Finansal Kiralama A.S.

OYAK's partnership with YASAS ended.

Adana Cimento Group A and Group C shares began trading on the Istanbul Stock Exchange (ISE).

The First National Bank of Boston was renamed Turk Boston Bank A.S.

The number of permanent members approached 117,000.

The Ankara-Cankaya Phase 7, Istanbul-Sefakoy Phase 2, and Izmir-Uckuyular Phase 4 housing projects were completed and handed over to members.

The Ankara-Cayyolu Phase 1 housing project commenced.

Partnerships were established in The First National Bank of Boston, which forms the foundation of OYAK Bank, and in SELYAK, which operates in the petroleum products sector under the ELF brand.

Shares of OYAK group companies Unye Cimento, Petkim, and Aselsan began trading on the Istanbul Stock Exchange (ISE).

A lending service was introduced, enabling OYAK members to borrow up to 80% of their accumulated reserves.

The Donation-Based Retirement Income System was established to provide members with additional income after retirement.

The Ankara-Cankaya Phase 6 and Istanbul-Sefakoy Phase 1 housing projects were completed and handed over to members.

OYAK Turizm ve Ticaret A.S. (OYTUR) was established.

The Ankara-Cankaya Phase 5 and Izmir-Uckuyular Phase 3 housing projects were completed and handed over to members.

The Ankara-Cankaya Phase 7, Izmir-Uckuyular Phase 4 and Istanbul-Sefakoy Phase 2 housing projects, together with the housing projects in Antalya, commenced.

The Ankara-Cankaya Phases 4 and 5 and Izmir-Uckuyular Phase 2 housing projects were completed and handed over to members.

The Istanbul-Sefakoy Phase 1, Ankara-Cankaya Phase 6, and Izmir-Uckuyular Phase 3 housing projects commenced.

OYAK entered the tourism sector through the acquisition of the Izmir Etap Hotel.

The OYAK-Kutlutas partnership ended.

Mardin Cimento shares began trading on the Istanbul Stock Exchange (ISE).

The Ankara-Cankaya Phases 2 and 3 housing projects were completed and handed over to members.

The Ankara-Cankaya Phases 4 and 5 housing projects commenced.

Trading operations began at the Istanbul Stock Exchange (ISE). Shares of OYAK group companies Goodyear, HEKTAS, Bolu Cimento, and Pinar Et began trading on the ISE.

The number of permanent members reached 90,000.

Construction commenced on the Izmir-Uckuyular Phase 2 housing project.

OYAK Renault began producing the Renault-9 model in Turkiye, which was selected as the Car of the Year in Europe.

Construction commenced on the Ankara-Cankaya Phases 2 and 3 housing projects.

A partnership was established in ENTAS Entegre Tavukculuk Sanayi Tic. A.S., and ENTAS launched Turkiye's first private packaged chicken sales under the Lades brand.

OYAK's partnerships with TOE and Mat ended.

Partnerships were established in Pinar Entegre Et ve Yem Sanayii A.S. (Pinar Et) and Yatirim Sanayi ve Ticaret A.S. (YASAS).

The Istanbul-Kozyatagi Phase 2 and Izmir-Uckuyular Phase 1 housing projects were completed and handed over to members.

Partnerships were established in Eti Pazarlama Sanayi ve Tic. A.S. and Tam Gida Sanayi ve Tic. A.S., companies of the Eti Group, one of the two leading groups in the biscuit sector.

OYAK Insaat A.S. was established to enable members to own housing under more favourable conditions, and OYAK Menkul Degerler A.S. (today's OYAK Yatirim) was founded in parallel with the developments in the Turkish securities markets.

The Capital Markets Law came into force, and OYAK Group companies Goodyear, HEKTAS, and OYTAS became subject to this Law.

The Ankara-Cankaya Phase 1 housing project was completed and handed over to members.

OYAK's partnership with TPAO ended.

The Istanbul-Kozyatagi Phase 1 (Group B) housing project was completed and handed over to members.

The Istanbul-Goztepe Phase 3 homes were handed over to members.

The Istanbul-Kozyatagi Phase 1 (Group A) housing project was completed and handed over to members.

Work began on the Istanbul-Kozyatagi Phase 2 and Izmir-Uckuyular Phase 1 housing projects.

OMSAN Otomotiv Mamulleri Sanayi T.A.S. (today's OMSAN Lojistik) was established.

OYAK participated in the establishment of subsidiaries of OYAK-Kutlutas Holding.

A large portion of the Istanbul-Goztepe Phase 3 housing project was completed and handed over to members.

A seven-block housing project in Ankara-Cankaya commenced.

A partnership was established in OYAK Kutlutas Konut Holding A.S.

A partnership was established in Agir Dokum ve Otomotiv San. ve Tic. A.S. (ADSAS).

The Istanbul-Kozyatagi Phase 1 housing project commenced.

Construction commenced on the Istanbul-Goztepe Phase 3 housing project.

Construction of the Istanbul Etap Hotel was completed.

A partnership was established in Aselsan, a milestone in the Turkish electronics industry.

The Mardin Cimento factory was commissioned.

OYAK Sigorta also began offering life insurance.

The Istanbul-Yenilevent Phase 3 housing project was completed and handed over to members.

OYAK Yatirim ve Holding A.S. (today's OYTAS) was established.

OYAK worked with an actuary from the International Labour Organization (ILO) to explore how members could maintain their relationship with OYAK after retirement, laying the foundations for today's Retirement Income System.

In response to members' requests, a prepayment-based savings scheme was introduced to make vehicle purchases easier and provide more favourable purchasing terms.

The Istanbul-Goztepe Phase 2 housing project was completed and handed over to members.

The Istanbul-Yenilevent Phase 3 housing project commenced.

Production of the Renault-12 model began at the OYAK Renault factories.

The number of permanent members exceeded 77,000.

The Istanbul-Goztepe Phase 1 housing project was completed and handed over to members.

OYAK's partnerships with Grapette Sodali Icecekler A.S. and Ileri Kimya A.O. ended.

The Istanbul-Yenilevent Phases 1 and 2 housing projects were completed and allocated to members.

OYAK reached an agreement with the French Renault Group on automobile production and established OYAK Renault Otomobil Fabrikalari A.S.; construction of the factory then began.

Following the Renault partnership, MAIS became the Turkish distributor for Regie Nationale des Usines Renault.

Partnerships were established in Bolu, Unye, and Mardin Cement companies.

Construction commenced on the Istanbul-Goztepe Phases 1 and 2 housing projects.

OYAK made its first automotive investment by establishing MAIS Motorlu Araclar Imal ve Satis A.S. Preparations for automobile production also began.

Construction commenced on the Istanbul-Yenilevent Phases 1 and 2 housing projects.

Partnerships were established in TUKAS Turgutlu Konservecilik A.S., OYAK Sigorta A.S., and Ileri Kimya A.O.

Investment studies in the automotive sector commenced. To this end, a preliminary protocol was signed with the Swedish company Volvo.

The first homes built in Ankara-Kurtulus and Istanbul-Mecidiyekoy were handed over to members.

The number of permanent members exceeded 71,000.

A partnership was established in PETKIM Petrokimya A.S.

OYAK published its first magazine to provide members with regular information about its activities.

Construction began on OYAK's first housing projects for members, in Ankara-Kurtulus and Istanbul-Mecidiyekoy.

The Ordu Pazari goods credit scheme was introduced.

Partnerships were established in MAT Motorlu Araclar Ticaret A.S. and TPAO.

The building that now houses OYAK's General Directorate was purchased.

The housing loan service was introduced as a social benefit.

Ordu Pazarlari launched one of Turkiye's first chain retail operations, opening its first store in Ankara-Tandogan.

Partnerships were established in Cukurova Cimento (today's Adana Cimento), HEKTAS, Grapette Sodali Icecekler, and TOE Turk Otomotiv Endustrileri T.A.S.

OYAK entered into a short-term private-sector partnership with the Mustafa Tumba firm.

OYAK's partnerships with Ethem Kimya Evi T.A.S. and Verdi Ticaret A.S. ended.

The Loan Service was introduced as a social benefit.

OYAK made its first subsidiary investment by acquiring an interest in Goodyear Lastikleri T.A.S.

OYAK was established on 1 March 1961 with approximately 65,000 permanent members to provide supplementary social security against the social and physical risks its members might face.

Initial organisational work began.

Meetings were held with domestic and international organisations to identify potential investment areas.

OYAK entered into short-term private-sector partnerships with Ethem Kimya Evi T.A.S. and Verdi Ticaret A.S.