The shareholder structure of Vestel Beyaz Eşya can be reached from the menu on our web-site under the Corporate Governance section “Ownership Structure” heading.

Vestel Beyaz Eşya Sanayi ve Ticaret AŞ (“Vestel Beyaz Eşya”)’s shares were offered to public on April 21, 2006. The Company’s shares have been trading on Borsa Istanbul (BIST) under the VESBE ticker since then.

Vestel Beyaz Eşya's free float is 31.47%.

Vestel Beyaz Eşya's paid-in capital is TL 1,600,000,000.

The Company’s Board consists of 7 members, three of whom are independent Directors. The members of the Board include Ahmet Nazif Zorlu (Chairperson), Elmas Melih Araz (Vice Chairperson and Independent Member), Olgun Zorlu, Bekir Cem Köksal, Ömer Yüngül, Bekir Ağırdır (Independent Member) and Ayşegül İldeniz (Independent Member).

The Company’s Annual General Assembly Meeting is held in the second quarter of the year. The date, time and place of the meeting are announced via the Public Disclosure Platform, E-General Assembly System of Merkezi Kayıt Kuruluşu AŞ (Central Registry Agency) and our website as well as the through the announcements published on Turkish Trade Registry Gazette and one or two national dailies.

Vestel Beyaz Eşya’s fiscal year is the 12-month calendar year (January - December).

The Company distributes profit in accordance with the provisions of the Turkish Commercial Code, Capital Market Regulations, Tax Regulations and other pertinent legislation as well as the profit distribution provision of its Articles of Association. The amount of profit to be distributed and date of distribution are approved by the General Assembly upon the proposal of the Board of Directors.

The Company has adopted the profit distribution policy of distributing at least 25% of its distributable profit in cash and/or as bonus shares. Board of Directors shall review this policy every year, by taking into account the domestic and global economic conditions, Company’s growth and investment plans and financial position. Revisions made in the policy shall be submitted to the approval of the shareholders at the first General Assembly meeting following such revisions and the policy will be published on the Company’s web site.

Distribution of profit shall commence on the date determined by the General Assembly, provided that it is no later than the end of the year in which the General Assembly meeting is held. Subject to the provisions of the legislation in force, the Company may consider distributing advance dividends or paying dividends in equal or in varying installments.

At the Company’s 2022 Annual General Meeting, the Board of Directors’ proposal for the distribution of 2022 profit has been accepted and dividend distribution will be completed in July 2023.

The Annual Reports of Vestel Beyaz Eşya can be reached from the menu on our web-site via the Annual Reports heading under the Financials Section.

The financial statements of Vestel Beyaz Eşya can be accessed from the menu on our web-site under the Financials Section.

The Articles of Association of Vestel Beyaz Eşya can be reached from the menu on our web-site under the Corporate Governance section.

Vestel Beyaz Eşya has a single class of shares. All shares are entitled to the same rights and each share has one voting right. There are no privileged shares.

For shareholder questions you can e-mail the Company’s Investor Relations Department at