SHAREHOLDING STRUCTURE

Doga Agriculture is 100% subsidiary of Egeli & Co. Agriculture Investment Trust ( EGCYO or EGC Agri Capital) which is the first and only agriculture-oriented venture capital company in Turkey. Its shares are traded at Borsa Istanbul with the ticker EGCYO. Founded in 1994, the Company joined Egeli & Co. Financial Services Group in 2004.

Egeli & Co. Agriculture Investment Trust purchased 90,05 % shares of Doga Agriculture which operates milk production in Denizli in June 2012. Upon transfer of the remaining 9.95% shares in July 2013, EGC Agri Capital has all the shares of Doga Agriculture.

Exhausted or misused natural resources, destroyed nature and food-originated diseasesbrought attention to the fact that the most important issue in the future would become supply of food; accordingly, it indicates the importance of the agricultural sector. In addition to Turkey’s agricultural advantages due to its geographical location, structural revisions in the agricultural sector, incentives provided by the state, and increasing investment potentials in the agricultural sector, all require efforts of corporate governance in the sector recently. EGC Agri Capital has recognised this lack of corporate governance in the sector and launched its activities by offering qualified investors the opportunity of benefiting from the growth potential in the Turkish agricultural sector.

Following the increase in interest for agriculture, institutionalization works in agriculture and agricultural products industries as well as practices applied by companies to enhance their added values started to gain importance. EGC Agri Capital aims to contribute to national economy as well as to create added value for its stakeholders. Additionally, EGC Agri Capital aims to transparently and safely disseminate its works while focusing on growth.

The investment portfolios of EGC Agri Capital comprises: