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 Salary System, exceeded 259,000, the number of members in the Housing Pre-Accumulation Fund exceeded 107,000, and the number of participants in the Donation-Based Retirement Income System exceeded 26,000.

OYAK was selected as the best individual pension fund in Turkey by World Finance Magazine, published by World News Media, which broadcasts in 49 different languages.

The Istanbul-İkitelli OYAKKENT 2nd Stage 1st Phase housing project was completed and delivered to the beneficiaries.

Production of the Fluence, the first electric car to be offered for sale globally by the Renault Group, has commenced at the OYAK Renault factory.

As a result of evaluations conducted by EMEAFINANCE, OYAK was granted two awards in the field of "Private Equity."

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

The Istanbul-İkitelli OYAKKENT 1st Phase housing project was completed and delivered to the beneficiaries.

Construction has commenced for the Istanbul-İkitelli OYAKKENT 2nd Stage 2nd Phase.

The project in Ankara-Zirvekent was finalized with the completion of the 5th Phase.

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

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

The İzmir-Körfezköy Yamaçevler housing project was completed and delivered to members.

The Istanbul-İkitelli OYAKKENT 2nd Stage 1st Phase housing project has commenced.

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

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

For the first time at ERDEMİR, a blast furnace was constructed based on the design of Turkish engineers and the labor of Turkish workers.

İSDEMİR carried out its first trial production of flat steel.

Production of diesel engines and their export to Renault's factories in other countries has commenced at OYAK Renault.

OMSAN Lojistik established OMSAN Havacılık A.Ş. and OMSAN Denizcilik A.Ş.

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

The partnership in OYSA Çimento was terminated following the sale of shares to the Sabancı Group.

Within the framework of the agreement reached between OYAK and the Renault Group, the DOSSD company, the general distributor of Dacia brand automobiles in Turkey, was incorporated into MAİS.

Shares of OYAK Yatırım Ortaklığı were offered to the public (IPO).

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

The İzmir-Körfezköy Yamaçevler housing project has commenced.

Work has commenced on the Istanbul-İkitelli OYAKKENT 1st Phase housing project.

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

The partnership in Elazığ Çimento was terminated.

OYAK Yatırım Ortaklığı A.Ş. was established by OYAK Yatırım.

The number of permanent members, including those in the Retirement Salary System, exceeded 227,000, the number of members in the Housing Pre-Accumulation 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.

The partnership in Goodyear was terminated.

BİRÇİM Çimento ve Madencilik Sanayi ve Ticaret A.Ş. (today's OYAK Birleşik Enerji A.Ş.) was established.

The tender for the sale of Ereğli Demir ve Çelik Fabrikaları T.A.Ş. (ERDEMİR), held by the Privatization Administration, was won, and ATAER Holding A.Ş. was established for the purpose of acquiring the ERDEMİR shares.

For the first time in its history, OYAK received credit ratings from two international rating agencies (S&P and Moody’s). It became one of the first organizations outside the Treasury and the banking sector to receive a credit rating.

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-TOKİ, an additional 1,152 residences were offered for allocation to members.

The first syndicated loan was obtained to increase recognition in international capital markets and to take a place in global capital markets.

An additional 10% of OYSA Çimento, an OYAK-Sabancı subsidiary, was offered to the public.

A partnership was established in İskenderun Enerji Üretim ve Ticaret A.Ş. (İSKEN).

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

Hygiene services carried out by OYAK Güvenlik were transferred to OYAK Pazarlama; subsequently, OYAK Güvenlik 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-TOKİ, 1,660 residences were offered for allocation to members.

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

OYKA Kâğıt Ambalaj acquired the SEKA Çaycuma Plant from the Privatization Administration.

OYSA Niğde and OYSA İskenderun cement companies were merged under the name OYSA Çimento to create intra-group synergy.

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

The remaining shares of Adana Kâğıt Torba, an indirect subsidiary, were acquired, and the company’s name was changed to OYKA Kağıt Ambalaj.

OYAK Enerji San. ve Tic. A.Ş. and OYAK Konut İnşaat A.Ş. were established.

The partnership in SELYAK was terminated.

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

OYAK Call Center was established.

The Ankara-Çayyolu 10th Phase housing project was completed and delivered to members.

Sümerbank A.Ş. was acquired from the Savings Deposit Insurance Fund (SDIF). Sümerbank’s subsidiary YADAŞ Bilgisayar ve Yazılım Hizmetleri A.Ş. (later restructured as OYAK Teknoloji) joined the OYAK Group.

Yaşar Yatırım was acquired by OYAK Yatırım, and the merger of the two companies under the umbrella of OYAK Yatırım was completed.

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

Cooperation with VakıfBank was initiated to utilize external resources for the Lending Service.

The Ankara-Çayyolu 9th Phase housing project was completed and delivered to members.

Although not a legal requirement, both OYAK and OYAK Group Companies began to be audited by Independent External Audit firms.

OYAK Güvenlik A.Ş. (today's OYAK SGS) was established.

The partnership in ENTAŞ was terminated.

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

The Ankara-Çayyolu 8th Phase and Istanbul-Ayazağa 6th Phase housing projects were completed and delivered to members.

The Ankara-Çayyolu 9th and 10th Phase housing projects have commenced.

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

The Istanbul-Ayazağa 5th Phase housing project was completed and delivered to members.

The Ankara-Çayyolu 8th Phase housing project has commenced.

Ordu Pazarları (Army Post Exchanges), excluding its Cyprus units, was separated from OYAK's direct structure and restructured under the name OYAK Büyük Mağazacılık Tic. A.Ş. (OYAK Pazarlama-OYPA).

OYAK Renault began the production of the Megane Wagon, which was to be produced for the first time in the world and exclusively in Turkey.

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

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

The Istanbul-Ayazağa 4th Phase, Ankara-Çayyolu 7th Phase, and İzmir-Körfezköy 1st Phase housing projects were completed and delivered to members.

The Istanbul-Ayazağa 6th Phase housing projects have commenced.

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

Through mutual share transfers in MAİS and OYAK Renault, OYAK became a 51% shareholder and the Renault Group a 49% shareholder in MAİS; 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 Salary System was established, allowing those who left OYAK by receiving retirement benefits to optionally maintain their membership. To facilitate members in acquiring housing, the Housing Pre-Accumulation Fund was created, and the possibility of Merging Reserve Officer Service periods was provided.

The Ankara-Çayyolu 6th Phase and Istanbul-Ayazağa 3rd Phase housing projects were completed and delivered to members.

The Istanbul-Ayazağa 5th Phase housing project has commenced.

Within the framework of privatization practices, a partnership was established in Elazığ Çimento together with the GAMA Group.

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

The name of Türk Boston Bank was changed to OYAK Bank, and the name of Anker Bank was changed to OYAK Anker Bank.

The number of permanent members exceeded 134,000.

The Ankara-Çayyolu 5th Phase and Istanbul-Ayazağa 1st and 2nd Phase housing projects were completed and delivered to members.

The Ankara-Çayyolu 7th Phase, Istanbul-Ayazağa 4th Phase, and İzmir-Körfezköy housing projects have commenced.

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

The partnership in Aselsan was terminated.

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

The Ankara-Çayyolu 4th Phase housing project was completed and delivered to members.

The Ankara-Çayyolu 6th Phase and Istanbul-Ayazağa 3rd Phase housing projects have commenced.

A portion of TUKAŞ shares was offered to the public.

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

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

The partnership in Petkim was terminated.

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-Ayazağa 2nd Phase and Ankara-Çayyolu 5th Phase housing projects have commenced.

The Ankara-Çayyolu 2nd and 3rd Phase housing projects were completed and delivered to members.

20% of OYAK’s shares in MAİS were transferred to the Renault Group.

The partnership in Pınar Et was terminated.

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

The Ankara-Çayyolu 3rd and 4th Phase and Istanbul-Ayazağa 1st Phase housing projects have commenced.

A partnership was established with the Sabancı Group for the Niğde Çimento and İskenderun Çimento factories, which were sold through privatization tenders.

The housing project in Antalya was completed and delivered to members.

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

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

The partnership in YASAŞ was terminated.

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

The name of The First National Bank of Boston was changed to Türk Boston Bank A.Ş.

The number of permanent members approached 117,000.

The Ankara-Çankaya 7th Phase, Istanbul-Sefaköy 2nd Phase, and İzmir-Üçkuyular 4th Phase housing projects were completed and delivered to members.

The Ankara-Çayyolu 1st Phase housing project has 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 Ünye Çimento, Petkim, and Aselsan began trading on the Istanbul Stock Exchange (ISE).

A service was launched allowing OYAK members to borrow up to 80% of their reserves.

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

The Ankara-Çankaya 6th Phase and Istanbul-Sefaköy 1st Phase housing projects were completed and delivered to members.

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

The Ankara-Çankaya 5th Phase and İzmir-Üçkuyular 3rd Phase housing projects were completed and delivered to members.

The Ankara-Çankaya 7th Phase, İzmir-Üçkuyular 4th Phase, Istanbul-Sefaköy 2nd Phase, and the housing projects in Antalya have commenced.

The Ankara-Çankaya 4th and 5th Phase and İzmir-Üçkuyular 2nd Phase housing projects were completed and delivered to members.

The Istanbul-Sefaköy 1st Phase, Ankara-Çankaya 6th Phase, and İzmir-Üçkuyular 3rd Phase housing projects have commenced.

The tourism sector was entered by acquiring the İzmir Etap Hotel.

The OYAK-Kutlutaş partnership was terminated.

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

The Ankara-Çankaya 2nd and 3rd Phase housing projects were completed and delivered to members.

The Ankara-Çankaya 4th and 5th Phase housing projects have commenced.

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

The number of permanent members reached 90,000.

Construction has commenced on the İzmir-Üçkuyular 2nd Phase housing project.

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

Construction has commenced on the Ankara-Çankaya 2nd and 3rd Phase housing projects.

A partnership was established in ENTAŞ Entegre Tavukçuluk Sanayi Tic. A.Ş., and ENTAŞ launched Turkey's first private packaged chicken sales under the Lades brand.

The partnerships in TOE and Mat were terminated.

Partnerships were established in Pınar Entegre Et ve Yem Sanayii A.Ş. (Pınar Et) and Yatırım Sanayi ve Ticaret A.Ş. (YASAŞ).

The Istanbul-Kozyatağı 2nd Phase and İzmir-Üçkuyular 1st Phase housing projects were completed and delivered to members.

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

OYAK İnşaat A.Ş. was established to enable members to own housing under more favorable conditions, and OYAK Menkul Değerler A.Ş. (today's OYAK Yatırım) was founded in parallel with the developments in the Turkish securities markets.

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

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

The partnership in TPAO was terminated.

The Istanbul-Kozyatağı 1st Phase (Group B) housing project was completed and delivered to members.

The delivery of the Istanbul-Göztepe 3rd Phase residences to members was completed.

The Istanbul-Kozyatağı 1st Phase (Group A) housing project was completed and delivered to members.

The process regarding the Istanbul-Kozyatağı 2nd Phase and İzmir-Üçkuyular 1st Phase housing projects was initiated.

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

The establishment of the subsidiary companies of OYAK-Kutlutaş Holding was participated in.

A large portion of the Istanbul-Göztepe 3rd Phase housing project was completed and delivered to members.

A housing project consisting of 7 blocks in Ankara-Çankaya has commenced.

A partnership was established in OYAK Kutlutaş Konut Holding A.Ş.

A partnership was established in Ağır Döküm ve Otomotiv San. ve Tic. A.Ş. (ADSAŞ).

The Istanbul-Kozyatağı 1st Phase housing project has commenced.

Construction has commenced on the Istanbul-Göztepe 3rd Phase 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 Çimento factory was commissioned.

OYAK Sigorta began operating in the life insurance branch as well.

The Istanbul-Yenilevent 3rd Phase housing project was completed and delivered to members.

OYAK Yatırım ve Holding A.Ş. (today's OYTAŞ) was established.

Studies were conducted with an International Labour Organization (ILO) actuary to ensure that members' relations with OYAK continue after retirement, and the foundation of today's Retirement Income System was established.

In line with the demands of the members, a prepayment-based savings system was adopted and announced to the members, providing convenience in automobile sales and sales conditions.

The Istanbul-Göztepe 2nd Phase housing project was completed and delivered to members.

The Istanbul-Yenilevent 3rd Phase housing project has commenced.

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

The number of permanent members exceeded 77,000.

The Istanbul-Göztepe 1st Phase housing project was completed and delivered to members.

The partnerships in Grapette Sodalı İçecekler A.Ş. and İleri Kimya A.O. were terminated.

The Istanbul-Yenilevent 1st and 2nd Phase housing projects were completed and allocated to members.

An agreement was reached with the French Renault Group regarding automobile production, and OYAK Renault Otomobil Fabrikaları A.Ş. was established, reaching the factory construction stage.

Due to the Renault partnership, MAİS took over the Turkish dealership for Regie Nationale Des Usines Renault.

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

Construction has commenced on the Istanbul-Göztepe 1st and 2nd Phase housing projects.

The first investment in the automotive sector was realized with the establishment of MAİS Motorlu Araçlar İmal ve Satış A.Ş. Work has commenced regarding automobile production.

Construction has commenced on the Istanbul-Yenilevent 1st and 2nd Phase housing projects.

Partnerships were established in TUKAŞ Turgutlu Konservecilik A.Ş., OYAK Sigorta A.Ş., and İleri Kimya A.O.

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

The first housing units built in Ankara-Kurtuluş and Istanbul-Mecidiyeköy were delivered to members.

The number of permanent members exceeded 71,000.

A partnership was established in PETKİM Petrokimya A.Ş.

The first OYAK magazine aimed at systematically informing members about activities was published.

Within the scope of the first housing construction for members, the Ankara-Kurtuluş and Istanbul-Mecidiyeköy housing projects have commenced.

The Ordu Pazarı Goods Credit application was initiated.

Partnerships were established in MAT Motorlu Araçlar Ticaret A.Ş. and TPAO.

The current General Directorate building was purchased.

The housing loan service was launched as a social service application.

One of Turkey's first chain retail applications was initiated with Ordu Pazarları. The first store was opened in Ankara-Tandoğan.

Partnerships were established in Çukurova Çimento (today's Adana Çimento), HEKTAŞ, Grapette Sodalı İçecekler, and TOE Türk Otomotiv Endüstrileri T.A.Ş.

A short-term private partnership was established with the Mustafa Tumba firm.

The partnerships with Ethem Kimya Evi T.A.Ş. and Verdi Ticaret A.Ş. were terminated.

The Loan Service was launched as a social service application.

A partnership was established in Goodyear Lastikleri T.A.Ş. as the first subsidiary investment.

OYAK was established on March 1, 1961, with the participation of approximately 65,000 permanent members, in order to create an additional social security against the social and physical risks that members may encounter.

Establishment and organizational activities were carried out.

Meetings were held with local and foreign organizations to determine investment areas.

Short-term private partnerships were established with Ethem Kimya Evi T.A.Ş. and Verdi Ticaret A.Ş.