Boyner Perakende Ve Tekstil Yatirimlari : Board of Directors

Name Surname	Title	Date of Appointment at General Assembly Meeting	Period of Term
Sait Ergun Özen	Chairman	30.03.2017	2 Years
Nazlı Ümit Boyner	Vice President	05.04.2016	3 Years
Hasan Cem Boyner	Member	05.04.2016	3 Years
Massimo Piombini	Member	05.04.2016	3 Years
Hasan Arat	Member	30.03.2017	2 Years
Bernard Barbour	Member	30.03.2017	2 Years
Kamil Ömer Bozer	Independent Member	30.03.2017	2 Years
Tayfun Bayazıt	Independent Member	30.03.2017	2 Years
S. Metin Ar	Independent Member	30.03.2017	2 Years

HASAN CEM BOYNER
Chairman
After graduating from Bogazici University with a degree in Business Administration in 1978, Cem Boyner started his career in Altınyıldız, the family owned enterprise. He served as the Chief of Executive Committee of Boyner Group between 1982 and 1994. Cem Boyner was the President of the Board of Directors of Turkish Industry and Business Association (TUSIAD) between 1989 and 1990, and he became the Managing Director of Boyner Group in 1996. After Osman Boyner became the Honorary President in 2010, Cem Boyner replaced him as the Chairman of Boyner Group. Cem Boyner is also the Chairman of Boyner Retail and Textile Investments as well as other Group Companies.

NUR MEHMET İNAL
Board Member And General Manager
Mehmet İnal is a graduate of Bogazici University. Following his position in the audit department of Arthur Andersen, he served as System and Audit Coordinator, Finance Coordinator, Vice Chairman of Executive Committee, and President at Altınyıldız Group respectively. Mr. İnal was appointed as Vice Chairman of Boyner Holding, and a Board Member of Boyner Retail and Textile Investments in 1996. On January 9, 2014, he rejoined the Board of Directors and become the General Manager.

NAZLI ÜMİT BOYNER
Member of Board of Directors
A graduate of the University of Rochester, New York, Ümit Boyner started her career in Chemical Mitsui Bank Credit Marketing Department. Then she worked as Finance Manager at Turcas Petrolculuk A.Ş. and as Investment Director at Türk Petrol Holding A.Ş. Treasury Department respectively. She started working at Boyner A.Ş. in 1996 as Finance Director. Ümit Boyner, who has been serving as a Board Member at Boyner Retail and Textile Investments since 2006, was the President of the Board of Directors of Turkish Industry and Business Association (TUSIAD) between 2010 and 2013.

SERDAR SUNAY
Member of Board of Directors
Serdar Sunay is a graduate of Bogazici University. Following his positions at Arthur Andersen Audit Department and Koç Group Planning Department; he worked as Business Development Manager at Boyner Holding, as Restructuring Project Leader at Mc Kinsey & Co Turkey Group and Boyner Group, as Turkey and Middle Asia Benetton License Operation General Manager, as Boyner Holding A.Ş. Retail Operations Vice Chairman, and as Benetton-Turkey President (in accordance with the equal partnership agreement between Benetton Group SPA Italy and Boyner Holding A.Ş.) respectively. Serdar Sunay is serving as Board Member of Boyner Retail and Textile Investments since 2009.

MUSTAFA TÜRKAY TATAR
Member of Board of Directors and CFO
Türkay Tatar is a graduate of Middle East Technical University (METU) with a degree in Business Administration. He completed his Master's degree in Labor Law at Bilgi University. Tatar started his banking career in the treasury department and resigned as Deputy General Manager at Demirbank after working in various positions. After 2001, he managed treasury departments of all financing companies of Cıngıllıoğlu Group. He joined Arçelik in 2005 as Finance Director. He is serving as Vice President at Boyner Group since the end of 2011. Mr. Tatar was appointed as Board Member at Boyner Retail and Textile Investments on January 9, 2014.

Massimo PIOMBINI
Member of Board of Directors
After completing his education at the University of Cattolica del Sacro Cuore with a degree in Business Administration in 1983, Massimo Piombini started his career in Bank America, and then continued his career in the luxury industry working as a high level administrator at Bulgari, Gucci and Bali. He has been working as a Commercial Director in Valentino since 2008, and after the cooperation between Mayhoola for Investments and Boyner Group in 2015, he become a member of the board of directors at Boyner Retail and Textile Investments A.Ş.

ELİF ATEŞ ÖZPAK
Independent Board Member
After graduating from Istanbul University with a degree in Law, Elif Ateş Özpak completed the Program of Instruction for Lawyers (PIL) at Harvard Law School. She worked as partner attorney at Pekin & Pekin Law Firm, as Corporate Legal Advisor and Corporate Governance Secretary at Turkcell İletişim Hizmetleri A.Ş., and as an associate attorney at Ateş & Demirhan Joint Law Firm respectively. She is a partner at Crescent Capital since 2008. She is also a Founding Partner and Board Member at 11880. Elif Ateş Özpak is an Independent Board Member at Boyner Retail and Textile Investments A.Ş. since 2012.

TAYFUN BAYAZIT
Independent Board Member
A graduate of Southern Illinois University with a degree in Mechanical Engineering and a post graduate of Columbia University with a Master's Degree in Finance and International Relations; Bayazıt started his banking career in Citibank. He worked as a senior executive in Çukurova Group for 13 years. He became CEO of Dışbank in 2001. He was appointed as CEO of Fortis Turkey and Global Management Committee in 2005. In April 2007 he returned to Yapı Kredi as Managing Director and General Manager, and then in 2009, he became President at Koç Holding Banking and Insurance Group as well as at Yapı Kredi. Tayfun Bayazıt founded 'Bayazıt Danışmanlık Hizmetleri' in August 2011 and has been an independent board member at Boyner Retail and Textile Investments since 2014.

S. METİN AR
Independent Board Member
He graduated from Boğaziçi University Electrical Engineering Department after Robert College then completed his master's degree in London School of Economics. S.Metin Ar started his career in Otis Elevator Company Ltd. in England and worked in various positions in Türkiye Sinai Kalkınma Bankası, Brisa Bridgestone Sabancı Lastik San. Tic. Tic. A.Ş, İş Finansal Kiralama A.Ş., Yatırım Finansman Menkul Değerler A.Ş., Türk Pirelli Kablo ve Sistemleri A.Ş. and Çimentaş Izmir Çimento Fabrikası Türk A.Ş.. Between 2003-2005 he served as the Vice President of Istanbul Menkul Kıymetler Borsası and CEO of Garanti Yatırım Menkul Kıymetler A.Ş. during 1999-2013. During 2012-2014, S.Metin Ar has worked as Chairman of Dream. Metin Ar has been an independent Board Member in Boyner Retail and Textile Investments since 2015.