JCR Eurasia Rating, evaluating under the regulations of the CMB the corporate governance practices established within İHLAS HOLDING A.Ş. has assigned 8.51 points out of 10 for the overall level of compliance with the principles and the digitized values of the four main sections are outlined below:

· 8.19 to Shareholders,

· 8.74 to Disclosure and Transparency

· 8.39 to Stakeholders,

· 8.62 to the Board of Directors and Executives

Overall Outlook: STABLE

For more information regarding the rating results you may visit http://www.jcrer.com.tr or contact Mrs. Merve Hayat.

JCR Eurasia Rating, evaluating under the regulations of the CMB the corporate governance practices established within İHLAS HOLDING A.Ş. has assigned 8.50 points out of 10 for the overall level of compliance with the principles and the digitized values of the four main sections are outlined below:

· 8.19 to Shareholders,

· 8.74 to Disclosure and Transparency

· 8.35 to Stakeholders,

· 8.62 to the Board of Directors and Executives

Overall Outlook: STABLE

For more information regarding the rating results you may visit http://www.jcrer.com.tr or contact Mr. Ceyhun KIR.

JCR Eurasia Rating, evaluating under the regulations of the CMB the corporate governance practices established within İHLAS HOLDING A.Ş. has assigned 8.48 points out of 10 for the overall level of compliance with the principles and the digitized values of the four main sections are outlined below:

· 8.19 to Shareholders,

· 8.74 to Disclosure and Transparency

· 8.26 to Stakeholders,

· 8.59 to the Board of Directors and Executives 

Overall Outlook: STABLE

For more information regarding the rating results you may visit http://www.jcrer.com.tr or contact Mrs Merve Hayat.

JCR Eurasia Rating, evaluating under the regulations of the CMB the corporate governance practices established within İHLAS HOLDING A.Ş. has assigned 8.47 points out of 10 for the overall level of compliance with the principles and the digitized values of the four main sections are outlined below:

· 8.19 to Shareholders,

· 8.74 to Disclosure and Transparency

· 8.20 to Stakeholders,

· 8.59 to the Board of Directors and Executives

· Overall Outlook: POSITIVE

For more information regarding the rating results you may visit http://www.jcrer.com.tr or contact Mr. Ceyhun KIR.

JCR Eurasia Rating, evaluating under the regulations of the CMB the corporate governance practices established within İHLAS HOLDING A.Ş. has assigned 8.33 points out of 10 for the overall level of compliance with the principles and the digitized values of the four main sections are outlined below:

· 8.19 to Shareholders,

· 8.44 to Disclosure and Transparency

· 8.20 to Stakeholders,

· 8.42 to the Board of Directors and Executives

· Overall Outlook: POSITIVE

For more information regarding the rating results you may visit http://www.jcrer.com.tr or contact Mr. Ceyhun KIR.

JCR Eurasia Rating, evaluating under the regulations of the CMB the corporate governance practices established within İHLAS HOLDING A.Ş. has assigned 8.15 points out of 10 for the overall level of compliance with the principles and the digitized values of the four main sections are outlined below:

· 7.80 to Shareholders,

· 8.29 to Disclosure and Transparency

· 7.84 to Stakeholders,

· 8.42 to the Board of Directors and Executives

· Overall Outlook: STABLE

For more information regarding the rating results you may visit http://www.jcrer.com.tr or contact Mr. Ceyhun KIR.