Borsa İstanbul Precious Metal Import Table

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```text HALKA AÇIK/PUBLIC Last Update: 17.08.2026 I. STANDARD UNPROCESSED PRECIOUS METAL IMPORT IMPORT WITH WAIVER CASH-IN-ADVANCE PAYMENT AGAINST GOOD***Note3 For Addition to Capital Against a Exportation* Note1 Inward Processing Regime **Note2 Only precious metal intermediary Only precious metal intermediary • Precious metal intermediary Only precious metal intermediary Only precious metal intermediary institutions that are members of the institutions that are members of the institutions that are members of the institutions that are members of the institutions that are members of the Stock Exchange and the CBRT. Stock Exchange and the CBRT. Stock Exchange and the CBRT Stock Exchange and the CBRT. Stock Exchange and the CBRT. • In addition, it is possible to import standard unprocessed gold not Who Can Import exceeding 40 kilograms or standard unprocessed silver not exceeding 200 kilograms in each import transaction by precious metals intermediary institutions as well as persons residing in Turkey who are not of this nature. • At least 1 business day before the • At least 1 business day before the • At least 1 business day before the • At least 1 business day before the • At least 1 business day before the closing date of the Customs closing date of the Customs closing date of the Customs closing date of the Customs closing date of the Customs Declaration, the Exchange is notified Declaration, the Exchange is notified Declaration, the Exchange is notified Declaration, the Exchange is notified Declaration, the Exchange is notified about the payment method of the about the payment method of the about the payment method of the about the payment method of the about the payment method of the import and the purpose of import. import and the purpose of import. import and the purpose of import. import and the purpose of import. import and the purpose of import. • For this notification, the "Pre- • For this notification, the "Pre- • For this notification, the "Pre- • For this notification, the "Pre- • For this notification, the "Pre- Import Notification Form" in Annex-3 Import Notification Form" in Annex- Import Notification Form" in Annex- Import Notification Form" in Annex- Import Notification Form" in Annex- is used. 3 is used. 3 is used. 3 is used. 3 is used. • Annex-3 Pre-Import Notification • Annex-3 Pre-Import Notification • Annex-3 Pre-Import Notification • A bank receipt showing that the • For the import of unprocessed Pre-Import Form prepared by the intermediary Form prepared by the intermediary Form prepared by the intermediary advance payment has been made precious metals whose payment Notification institution that realizes/intermediates institution that realizes/intermediates institution that realizes the import must also be attached to the form. method is "Payment Against Goods", Obligation the import and submitted to the the import and submitted to the and submitted to the Exchange is The beneficiary information on the it is obligatory to submit to the Exchange is approved by the Exchange is approved by the approved by the Exchange if deemed receipt and the exporter information Exchange by the precious metals Exchange if deemed appropriate. Exchange if deemed appropriate. appropriate. on the customs declaration must be intermediary institutions within 60 • There is no obligation to notify the the same. In addition, the importing days following the closing date of the Exchange for the import of standard institution and the paying institution customs declaration for each unprocessed gold and silver by must be the same institution. transaction, indicating that the Turkish residents who are not payment has been made to the precious metals intermediary exporting institution/person or its institutions. proxy/representative. ```

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Last Update: 17.08.2026 • Within 3 working days after the • It is not mandatory to bring it to the • Within 3 working days after the • Within 3 working days after the closing date of the customs stock exchange custody vault. closing date of the customs closing date of the customs declaration , it is obligatory to bring However, within 3 business days declaration , it is obligatory to bring declaration , it is obligatory to bring it to the stock exchange custody after the closing date of the customs it to the stock exchange custody it to the stock exchange custody vault. together with the import declaration, it is obligatory to inform vault. together with the import vault. together with the import declaration document. the Exchange in writing by the declaration document. declaration document. • It must be produced by the precious metal intermediary • It must be produced by the • It must be produced by the refineries included in the Refineries institution, including the refinery and refineries included in the Refineries refineries included in the Refineries List published by Borsa Istanbul A.Ş. serial number information, if any. List published by Borsa Istanbul A.Ş. List published by Borsa Istanbul A.Ş. and must bear the seal or name or The customs declaration is also and must bear the seal or name or and must bear the seal or name or emblem of the refinery where it is attached to this letter. emblem of the refinery where it is emblem of the refinery where it is produced. • Imports to be made by the produced. produced. • It must have the superficial features members of the stock exchange can • It must have the superficial features • It must have the superficial features and shape specified in the relevant be imported without any refinery and shape specified in the relevant and shape specified in the relevant legislation. Otherwise, these precious restrictions. legislation. Otherwise, these precious legislation. Otherwise, these precious metals will not be accepted by the • Persons who are not members of metals will not be accepted by the metals will not be accepted by the Exchange and a transaction will be the stock exchange can import Exchange and a transaction will be Exchange and a transaction will be made to return them to their origin. without any refinery restrictions, made to return them to their origin. . made to return them to their origin. • Imported standard unprocessed provided that they do not exceed the • Imported standard unprocessed • Imported standard unprocessed precious metals in the form of ingots; limit of 40 kilograms of gold or 200 precious metals in the form of ingots; precious metals in the form of ingots; can be converted into smaller or kilograms of silver in each import can be converted into smaller or can be converted into smaller or larger ingots or granules or packages, transaction. larger ingots or granules or packages, larger ingots or granules or packages, provided that the amount of precious provided that the amount of precious provided that the amount of precious metal is not less than the weight metal is not less than the weight metal is not less than the weight specified in the customs entry specified in the customs entry specified in the customs entry declaration and the necessary control declaration and the necessary control declaration and the necessary control is carried out by the Exchange before is carried out by the Exchange before is carried out by the Exchange before and after the conversion. and after the conversion.. and after the conversion. • The first trading transactions in the • The first trading transactions in the • The first trading transactions in the country can only be made on the country can only be made on the country can only be made on the Stock Exchange. Stock Exchange. Stock Exchange. • The import of unprocessed precious metals with the "import with a waiver" payment method can only be carried out within the periods specified in Article 4 of the Export Circular of the Central Bank of the Republic of Turkey dated 16/1/2020 from the actual export date of the goods to be used in the offset payment. It is not possible to import the unprocessed precious metal with

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```text HALKA AÇIK/PUBLIC Last Update: 17.08.2026 • Precious metals are kept blocked by the ""import with a waiver " payment Borsa Istanbul A.Ş. until the method before the actual export date documents regarding the capital of the export of the goods to be used increase related to the precious metals in the offset payment. in question are submitted to Borsa • Precious metals intermediary Istanbul AŞ. institutions are responsible for • At the end of 3 months, if Borsa notifying the Banks for the deduction Istanbul AŞ is informed by the of imports from the export documents obtained from the relevant proceedings and for following the authorities that the capital increase or process. the examination process regarding the • If the payment method of the capital increase continues, an import is specified as "import with additional period of up to 3 months waiver" in the customs declaration, it may be granted by Borsa Istanbul is obligatory to write in the 44th digit A.Ş. of the declaration that it was brought • In the event that the addition to the as the price for the export, the capital is not realized within these number and date of the relevant periods, the precious metals in export declaration and the title of the question shall be delivered to the exporting company. precious metal intermediary • During the delivery of imported institution that carried out the precious metals to the Exchange, it is intermediary transaction by Borsa obligatory to submit the information Istanbul A.Ş in order to be returned to of the customs declaration regarding the country fg origin and this situation the relevant export. shall be notified to the Ministry. By the Stock Exchange; • All kinds of custody and withdrawal • It is checked that whether the commissions for these golds kept in import in question is carried out after the custody vault are paid by the the actual export date. precious metal intermediary • It is checked that whether the institution acting as an intermediary at customs declaration for exports is the current tariff. compatible with the price registered • The blockage is lifted after the in the 46th digit is carried out by documents proving that the capital taking into account the declarations increase transactions have been of precious metals intermediary registered in the trade registry are institutions and the relevant submitted to the Stock Exchange. It is intermediary agreements. obligatory to carry out a transaction in • Written confirmation is made from order for the precious metals in the intermediary Bank registered in question to leave the custody vault. the customs declaration whether the account for the export in question is open or not. The signature circular of the Bank is also attached to the letter sent by the Bank. ```

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```text HALKA AÇIK/PUBLIC Last Update: 17.08.2026 • In the event that non-compliance is detected after the controls and confirmation process, the unprocessed precious metals are delivered to the precious metals intermediary institution by the Exchange to be returned to country of origin and this situation is reported to the Ministry. If the import • In the notification made to the Exchange with the "Pre-Import Notification Form" in Annex-3, the identity number of the persons intermediated if they are real persons, passport number if they are is made on foreign real persons, tax number and name-surname/title if they are legal persons, and the intermediary agreement regarding the transaction must be attached to the notification behalf of the • It is obligatory to specify the information about the persons mediated in the customs declarations submitted to the Customs Administrations. customer • These declarations and a copy of the intermediary agreement regarding the transaction shall also be delivered to the Exchange. (within the • Annex-3 Pre-Import Notification Form and customer information in the customs declaration must be compatible. scope of • In the import intermediary transactions carried out by the intermediary institutions, it is the responsibility of the intermediary institutions to obtain the said documents and the intermediary agreement intermediary) and submit them to the Exchange. In the event that it is determined that transactions contrary to Article 8 of the procedure, titled “Principles regarding imported unprocessed precious metals” have been carried out, import transactions Sanction within the scope of intermediary activities of precious metals intermediary institutions may be temporarily suspended by the Exchange for a period of 1 month to 6 months, and in case of recurrence of the violation, permanently. *Note 1: As of 13/12/2023; Our members, on their own behalf and account or within the scope of intermediation, within the scope of the import with waiver method as export proceeds, will not be able to apply for import with the export declaration of the products under the Turkish Customs Tariff Schedule section 71. Within the scope of the regulations regarding the import of unprocessed precious metals through precious metals intermediary institutions in the form of "import with waiver" payment method in order to be deducted from the relevant export proceeds of unprocessed precious metals that are stated in the Regulation on the Operating Principles of Precious Metals Exchange Intermediary Institutions and the Establishment of Precious Metals Intermediary Institutions, the Communiqué on the Decree No. 32 on the Protection of the Value of the Turkish Currency (Communiqué No: 2008-32/34) and the Communiqué on the Decree No. 32 on the Protection of the Value of the Turkish Currency (Communiqué No: 2018-32/48); and Provided that the export proceeds specified in the Communiqué No. 2018-32/48 and other relevant regulations remain within the period of bringing them to the country; It is possible to import standard unprocessed gold within certain rules to be deducted from the relevant prices from the export of products within the scope of the Customs Tariff Position (GTIP) codes 7113.19.00.00.11 and 7113.19.00.00.12 in the Turkish Customs Tariff Schedule Divided into Statistical Positions published in the Official Gazette dated 30.12.2024 and numbered 32768. **Note 2: Starting from 13.10.2025 and until 01.10.2026, unprocessed gold imports within the scope of DIR are limited to 11,000 kilograms per month by MTF. Unprocessed gold imports to be carried out by precious metals intermediary institutions within the scope of IPR are also included in this figure. The said limit will be applied to cover all imports carried out within the scope of IPR. ***Note 3: As of 15/02/2023, MTF is not allowed to import gold with the Payment Against Goods method. Imports of other precious metals continue as before. ```

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```text HALKA AÇIK/PUBLIC Last Update: 17.08.2026 II. NON-STANDARD UNPROCESSED PRECIOUS METAL IMPORT IMPORT WITH WAIVER CASH-IN-ADVANCE PAYMENT AGAINST GOOD***Note3 For Addition to Capital Against a Exportation* Note1 Inward Processing Regime **Note2 Only by precious metal intermediary Only by precious metal intermediary There are no restrictions. Only by precious metal intermediary Only by precious metal intermediary institutions that are members of the institutions that are members of the institutions that are members of the institutions that are members of the Stock Exchange, the CBRT, public Stock Exchange, the CBRT, public Stock Exchange, the CBRT, public Stock Exchange, the CBRT, public Who Can institutions and organizations and the institutions and organizations and the institutions and organizations and the institutions and organizations and the Import Turkish Armed Forces Foundation Turkish Armed Forces Foundation Turkish Armed Forces Foundation Turkish Armed Forces Foundation companies companies companies companies • At least 1 business day before the • At least 1 business day before the • At least 1 business day before the • At least 1 business day before the • At least 1 business day before the closing date of the Customs closing date of the Customs closing date of the Customs closing date of the Customs closing date of the Customs Declaration, the Exchange is notified Declaration, the Exchange is notified Declaration, the Exchange is notified Declaration, the Exchange is notified Declaration, the Exchange is notified about the payment method of the about the payment method of the about the payment method of the about the payment method of the about the payment method of the import and the purpose of import. import and the purpose of import. import and the purpose of import. import and the purpose of import. import and the purpose of import. • For this notification, the "Pre- • For this notification, the "Pre- • For this notification, the "Pre- • For this notification, the "Pre- • For this notification, the "Pre- Import Notification Form" in Annex- Import Notification Form" in Annex- Import Notification Form" in Annex- Import Notification Form" in Annex- Import Notification Form" in Annex- 3 is used. 3 is used. 3 is used. 3 is used. 3 is used. • Annex-3 Pre-Import Notification • Annex-3 Pre-Import Notification • Annex-3 Pre-Import Notification • A bank receipt showing that the • For the import of unprocessed Pre-Import Form prepared by the intermediary Form prepared by the intermediary Form prepared by the intermediary advance payment has been made precious metals whose payment Notification institution that realizes/intermediates institution that realizes/intermediates institution that realizes the import must also be attached to the form. method is "Payment Against Goods", Obligation the import and submitted to the the import and submitted to the and submitted to the Exchange is The beneficiary information on the it is obligatory to submit to the Exchange is approved by the Exchange is approved by the approved by the Exchange if deemed receipt and the exporter information Exchange by the precious metals Exchange if deemed appropriate. Exchange if deemed appropriate.. appropriate on the customs declaration must be intermediary institutions within 60 the same. In addition, the importing days following the closing date of institution and the paying institution the customs declaration for each must be the same institution transaction, indicating that the payment has been made to the exporting institution/person or its proxy/representative Delivery to the • It is obligatory to bring to the Stock • In the event that a non-standard • It is not mandatory to bring it to the • It is obligatory to bring to the Stock • It is obligatory to bring to the Exchange and Exchange Vault within 3 working unprocessed precious metal is stock exchange custody vault. Exchange Vault within 3 working Stock Exchange Vault within 3 Transaction days after the closing date, together imported against export value, the However, in case of importation by days after the closing date, together working days after the closing date, Obligation with the adjustment analysis report precious metal in question is brought the members of the stock exchange, with the adjustment analysis report together with the adjustment analysis ```

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```text HALKA AÇIK/PUBLIC Last Update: 17.08.2026 obtained from the General to be delivered to the Exchange it is obligatory to inform the obtained from the General report obtained from the General Directorate of Mint and Stamp Custody Vault together with the Mint Exchange in writing by the precious Directorate of Mint and Stamp Directorate of Mint and Stamp Printing House.and customs Adjustment Report by the precious metal intermediary institution, Printing House.and customs Printing House.and customs declaration. metals intermediary institution acting including the refinery and serial declaration. declaration. • e precious metals controlled in the as an intermediary in the import, number information, if any, within 3 • A separate report is prepared for • A separate report is prepared for stock exchange vault. In the report; within 3 business days after the business days after the closing date the precious metals controlled in the the precious metals controlled in the the importing member, import closing date of the customs of the customs declaration. The stock exchange vault. In the report; stock exchange vault. In the report; declaration number, import date and declaration. After the stock exchange customs declaration is also attached the importing member, import the importing member, import gross quantity information, and the control, the Precious Metal Control to this letter. declaration number, import date and declaration number, import date and date the precious metal was brought Report in Annex-1 is filled and the • It has been regulated that in non- gross quantity information, and the gross quantity information, and the to the Exchange or seen by the non-standard precious metal is standard precious metal import date the precious metal was brought date the precious metal was brought Exchange officials are included. The converted into standard precious transactions up to 5 kilograms carried to the Exchange or seen by the to the Exchange or seen by the import document is attached to the metal. out within the scope of the Inward Exchange officials are included. The Exchange officials are included. The report prepared in 3 copies and a • The precious metals intermediary Processing Regime Decision, import document is attached to the import document is attached to the copy of the report is given to the institution submits the written adjustment reports issued by private report prepared in 3 copies and a report prepared in 3 copies and a relevant person. . document, which includes the setting houses can be accepted within copy of the report is given to the copy of the report is given to the • The custom declaration of imported Customs Declaration information of the procedures and principles to be relevant person. relevant person. . unprocessed non-standard precious the relevant export transaction, the determined by the Ministry. • In the import of non-standard • The custom declaration of metal is brought to the Exchange standard unprocessed gold equivalent precious metals, the adjustment imported unprocessed non-standard Custody Vault together with the Mint of the import, and its foreign report can only be issued by the precious metal is brought to the Adjustment Report by the precious currency equivalent calculated with General Directorate of the Mint and Exchange Custody Vault together metals intermediary institution acting the daily weighted average price on Stamp Printing House. with the Mint Adjustment Report by as an intermediary in the import, the closing date of the customs • The adjustment analysis report the precious metals intermediary within 3 business days after the declaration in the Precious Metals must be submitted to the Exchange institution acting as an intermediary closing date. Market and the written documet together with the import declaration in the import, within 3 business days • In the import of non-standard given by the Exchange to the Bank to report and the "Post-Import after the closing date. precious metals, the adjustment be submitted to the persons it Notification Form" in Annex-2. • In the import of non-standard report can only be issued by the intermediates. If the weighted • The imported package of non- precious metals, the adjustment General Directorate of the Mint and average price subject to calculation standard precious metals must be report can only be issued by the Stamp Printing House. does not occur on the closing date of sealed by the Mint. General Directorate of the Mint and • The adjustment analysis report the customs declaration, the Metal • If there is a discrepancy between Stamp Printing House. must be submitted to the Exchange Price published on the corporate the adjustment analysis report and • The adjustment analysis report together with the import declaration website of the Exchange is used. the import declaration report, this must be submitted to the Exchange report and the "Post-Import incompatibility is requested to be together with the import declaration Notification Form" in Annex-2. eliminated. If the incompatibility report and the "Post-Import • The imported package of non- cannot be resolved, the precious Notification Form" in Annex-2. standard precious metals must be metals are returned to the country of • The imported package of non- sealed by the Mint. origin.. standard precious metals must be • If there is a discrepancy between • Non-standard unprocessed precious sealed by the Mint. the adjustment analysis report and metals are kept in the custody vault • If there is a discrepancy between the import declaration report, this by the Exchange only on the the adjustment analysis report and incompatibility is requested to be condition that there is an adjustment the import declaration report, this eliminated. If the incompatibility report, the storage vault is available incompatibility is requested to be ```

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```text HALKA AÇIK/PUBLIC Last Update: 17.08.2026 cannot be resolved, the precious and the precious metal is sealed by eliminated. If the incompatibility metals are returned to the country of the member after the control. In this cannot be resolved, the precious origin. case, the trade can be executed at any metals are returned to the country of • Non-standard unprocessed precious date before leaving the vault. If origin. metals are kept in the custody vault deemed necessary, samples can be • Non-standard unprocessed precious by the Exchange only on the sent to the General Directorate of metals are kept in the custody vault condition that there is an adjustment Mint and Stamp Printing House for by the Exchange only on the report, the storage vault is available analysis in order to check the condition that there is an adjustment and the precious metal is sealed by compliance of non-standard precious report, the storage vault is available the member after the control. In this metals with the setting report. All and the precious metal is sealed by case, the trade can be executed at any costs and taxes related to these the member after the control. In this date before leaving the vault. If transactions are covered by the case, the trade can be executed at any deemed necessary, samples can be member. date before leaving the vault. If sent to the General Directorate of • Imported non-standard precious deemed necessary, samples can be Mint and Stamp Printing House for metals must be traded on the sent to the General Directorate of analysis in order to check the Exchange in order to be registered by Mint and Stamp Printing House for compliance of non-standard precious the Exchange. If the transaction is analysis in order to check the metals with the setting report. All carried out before the adjustment compliance of non-standard precious costs and taxes related to these analysis report and other documents metals with the setting report. All transactions are covered by the reach the Exchange, these documents costs and taxes related to these member. must be delivered to the Exchange on transactions are covered by the • Imported non-standard precious the settlement day at the latest. If the member. metals must be traded on the adjustment analysis report and other • Imported non-standard precious Exchange in order to be registered by documents have been delivered to the metals must be traded on the the Exchange. If the transaction is Exchange but the transaction has not Exchange in order to be registered by carried out before the adjustment yet been carried out, the member the Exchange. If the transaction is analysis report and other documents must carry out the transaction in the carried out before the adjustment reach the Exchange, these documents following session at the latest. The analysis report and other documents must be delivered to the Exchange on member performs this transaction reach the Exchange, these documents the settlement day at the latest. If the within the current transaction limits. must be delivered to the Exchange adjustment analysis report and other The transfer movements of the non- on the settlement day at the latest. If documents have been delivered to the standard precious metal subject to the the adjustment analysis report and Exchange but the transaction has not transaction are carried out by other documents have been delivered yet been carried out, the member entering the net amount in the to the Exchange but the transaction must carry out the transaction in the adjustment analysis report to the has not yet been carried out, the following session at the latest. The member account. After the member must carry out the member performs this transaction transaction is completed, these transaction in the following session within the current transaction limits. precious metals are registered by the at the latest. The member performs The transfer movements of the non- KASA application and the process is this transaction within the current standard precious metal subject to the completed with the exit record. transaction limits. The transfer transaction are carried out by "Delivery Receipt" and "Exit movements of the non-standard entering the net amount in the Receipt" are given to the member precious metal subject to the adjustment analysis report to the transaction are carried out by ```

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```text HALKA AÇIK/PUBLIC Last Update: 17.08.2026 member account. After the regarding the dematerialized entry entering the net amount in the transaction is completed, these and exit transactions. adjustment analysis report to the precious metals are registered by the • In cases where it is not possible for member account. After the KASA application and the process is the vehicle carrying non-standard transaction is completed, these completed with the exit record. precious metals imported in large precious metals are registered by the "Delivery Receipt" and "Exit quantities by the members to enter KASA application and the process is Receipt" are given to the member the Exchange vault,the Exchange completed with the exit record. regarding the dematerialized entry officials carry out the necessary "Delivery Receipt" and "Exit and exit transactions. control on the vehicle in a secure Receipt" are given to the member • In cases where it is not possible for area.. regarding the dematerialized entry the vehicle carrying non-standard and exit transactions. precious metals imported in large • In cases where it is not possible for quantities by the members to enter the vehicle carrying non-standard the Exchange vault,the Exchange precious metals imported in large officials carry out the necessary quantities by the members to enter control on the vehicle in a secure the Exchange vault,the Exchange area. officials carry out the necessary control on the vehicle in a secure area. • Within 3 months from the date of • The import of unprocessed precious arrival of the precious metals, it is metals with the "import with a obligatory to add the precious metals waiver" payment method can only be in question to the capital within the carried out within the periods scope of Articles 342 and 343 of the specified in Article 4 of the Export Law No. 6102 and to submit the Circular of the Central Bank of the letter to be obtained from the Trade Republic of Turkey dated 16/1/2020 Registry Directorate to Borsa from the actual export date of the Istanbul AŞ stating that the capital goods to be used in the offset increase has been registered. payment. It is not possible to import Other • Precious metals are kept blocked the unprocessed precious metal with Principles by Borsa Istanbul A.Ş. until the the ""import with a waiver " payment documents regarding the capital method before the actual export date increase related to the precious of the export of the goods to be used metals in question are submitted to in the offset payment. Borsa Istanbul AŞ. • Precious metals intermediary • At the end of 3 months, if Borsa institutions are responsible for Istanbul AŞ is informed by the notifying the Banks for the deduction documents obtained from the of imports from the export relevant authorities that the capital proceedings and for following the increase or the examination process process. regarding the capital increase ```

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```text HALKA AÇIK/PUBLIC Last Update: 17.08.2026 continues, an additional period of up • If the payment method of the to 3 months may be granted by Borsa import is specified as "import with Istanbul A.Ş. waiver" in the customs declaration, it • In the event that the addition to the is obligatory to write in the 44th digit capital is not realized within these of the declaration that it was brought periods, the precious metals in as the price for the export, the question shall be delivered to the number and date of the relevant precious metal intermediary export declaration and the title of the institution that carried out the exporting company. intermediary transaction by Borsa • During the delivery of imported Istanbul A.Ş in order to be returned precious metals to the Exchange, it is to the country of origin and this obligatory to submit the information situation shall be notified to the of the customs declaration regarding Ministry. the relevant export. • All kinds of custody and • By the Stock Exchange; withdrawal commissions for these • It is checked that whether the golds kept in the custody vault are import in question is carried out after paid by the precious metal the actual export date. intermediary institution acting as an • It is checked that whether the intermediary at the current tariff. customs declaration for exports is • The blockage is lifted after the compatible with the price registered documents proving that the capital in the 46th digit is carried out by increase transactions have been taking into account the declarations registered in the trade registry are of precious metals intermediary submitted to the Stock Exchange. It institutions and the relevant is obligatory to carry out a intermediary agreements. transaction in order for the precious • Written confirmation is made from metals in question to leave the the intermediary Bank registered in custody vault. the customs declaration whether the account for the export in question is open or not. The signature circular of the Bank is also attached to the letter sent by the Bank. • In the event that non-compliance is detected after the controls and confirmation process, the unprocessed precious metals are delivered to the precious metals intermediary institution by the Exchange to be returned to country of origin and this situation is reported to the Ministry. ```

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```text HALKA AÇIK/PUBLIC Last Update: 17.08.2026 • If the import • In the notification made to the Exchange with the "Pre-Import Notification Form" in Annex-3, the identity number of the persons intermediated if they are real persons, passport number if they are is made on foreign real persons, tax number and name-surname/title if they are legal persons, and the intermediary agreement regarding the transaction must be attached to the notification behalf of the • It is obligatory to specify the information about the persons mediated in the customs declarations submitted to the Customs Administrations. customer • These declarations and a copy of the intermediary agreement regarding the transaction shall also be delivered to the Exchange. (within the • Annex-3 Pre-Import Notification Form and customer information in the customs declaration must be compatible. scope of • In the import intermediary transactions carried out by the intermediary institutions, it is the responsibility of the intermediary institutions to obtain the said documents and the intermediary agreement intermediary) and submit them to the Exchange. In the event that it is determined that transactions contrary to Article 8 of the procedure, titled “Principles regarding imported unprocessed precious metals” have been carried out, import transactions Sanction within the scope of intermediary activities of precious metals intermediary institutions may be temporarily suspended by the Exchange for a period of 1 month to 6 months, and in case of recurrence of the violation, permanently. *Note 1: As of 13/12/2023; Our members, on their own behalf and account or within the scope of intermediation, within the scope of the import with waiver method as export proceeds, will not be able to apply for import with the export declaration of the products under the Turkish Customs Tariff Schedule section 71. Within the scope of the regulations regarding the import of unprocessed precious metals through precious metals intermediary institutions in the form of "import with waiver" payment method in order to be deducted from the relevant export proceeds of unprocessed precious metals that are stated in the Regulation on the Operating Principles of Precious Metals Exchange Intermediary Institutions and the Establishment of Precious Metals Intermediary Institutions, the Communiqué on the Decree No. 32 on the Protection of the Value of the Turkish Currency (Communiqué No: 2008-32/34) and the Communiqué on the Decree No. 32 on the Protection of the Value of the Turkish Currency (Communiqué No: 2018-32/48); and Provided that the export proceeds specified in the Communiqué No. 2018-32/48 and other relevant regulations remain within the period of bringing them to the country; It is possible to import standard unprocessed gold within certain rules to be deducted from the relevant prices from the export of products within the scope of the Customs Tariff Position (GTIP) codes 7113.19.00.00.11 and 7113.19.00.00.12 in the Turkish Customs Tariff Schedule Divided into Statistical Positions published in the Official Gazette dated 30.12.2024 and numbered 32768. **Note 2: Starting from 13.10.2025 and until 01.10.2026, unprocessed gold imports within the scope of DIR are limited to 11,000 kilograms per month by MTF. Unprocessed gold imports to be carried out by precious metals intermediary institutions within the scope of IPR are also included in this figure. The said limit will be applied to cover all imports carried out within the scope of IPR. ***Note 3: As of 15/02/2023, MTF is not allowed to import gold with the Payment Against Goods method. Imports of other precious metals continue as before. ```

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```text HALKA AÇIK/PUBLIC Last Update: 17.08.2026 III. PLACING UNPROCESSSED PRECIOUS METALS IN CUSTOMS WAREHOUSES Standard and non-standard unprocessed precious metals can only be placed in customs warehouses Who Can Bring Precious Metals to the Customs Warehouse from abroad by the CBRT and the members of the Exchange in their own names and accounts. Obligation to Notify Before Being Placed in the Customs Warehouse None It is obligatory for the members of the Exchange to inform the Exchange in writing with Annex-39: Borsa Istanbul Precious Metal Customs Warehouse/Free Zone Entry Form within 3 business days Obligation to Notify After Being Placed in the Customs Warehouse after the unprocessed precious metals are placed in customs warehouses. The Ministry is authorized to determine the exceptions regarding the placement of unprocessed precious metals in customs warehouses from abroad. IV. BRINGING UNPROCESSSED PRECIOUS METALS TO FREE ZONES Standard and non-standard unprocessed precious metals can be brought into the free zone by all institutions within the framework of the Free Zones Law and relevant legislation. Who Can Bring Precious Metals to the Free Zone Obligation to Notify Before Being Brought to the Free Zone None It is obligatory for all institutions bringing unprocessed precious metals from abroad to the free zone Obligation to Notify After Being Brought to the Free Zone to inform the Exchange in writing within three business days with Annex-39: Borsa Istanbul Precious Metal Customs Warehouse/Free Zone Entry Form. Only members of the Exchange can import from the free zone. After July 1, 2023, it is only possible Who can make Import from the Free Zone to import unprocessed precious metals brought to the free zone by the Central Bank and precious metals intermediary institutions on their behalf and account. ```

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```text HALKA AÇIK/PUBLIC Last Update: 17.08.2026 V. UNPROCESSED GOLD IMPORT WITHIN THE SCOPE OF ASSET AMNESTY ARRANGAMENT STANDART NON-STANDART Duration Within the scope of the asset amnesty arrangament, standard gold imports can be made Within the scope of the asset amnesty arrangament, non-standard gold imports can be made until 31/07/2027. until 31/07/2027. Who Can All real and legal persons through precious metal intermediary institutions that are All real and legal persons through precious metal intermediary institutions that are members Import members of the stock exchange. of the stock exchange. • At least 1 business day before the closing date of the Customs Declaration, the • At least 1 business day before the closing date of the Customs Declaration, the Exchange is Exchange is notified about the payment method of the import and the purpose of notified about the payment method of the import and the purpose of import. Pre-Import import. • For this notification, the "Pre-Import Notification Form" in Annex-3 is used. Notification • For this notification, the "Pre-Import Notification Form" in Annex-3 is used. • Annex-3 Pre-Import Notification Form prepared by the intermediary institution that Obligation Annex-3 Pre-Import Notification Form prepared by the intermediary institution that realizes/intermediates the import and submitted to the Exchange is approved by the Exchange realizes/intermediates the import and submitted to the Exchange is approved by the if deemed appropriate. Exchange if deemed appropriate. • Within 3 working days after the closing date of the customs declaration , it is • It is obligatory to bring to the Stock Exchange Vault within 3 working days after the closing obligatory to bring it to the stock exchange custody vault. together with the import date, together with the adjustment analysis report obtained from the General Directorate of declaration document. Mint and Stamp Printing House.and customs declaration. • It must be produced by the refineries included in the Refineries List published by • A separate report is prepared for the precious metals controlled in the stock exchange vault. Borsa Istanbul A.Ş. and must bear the seal or name or emblem of the refinery where it In the report; the importing member, import declaration number, import date and gross is produced. quantity information, and the date the precious metal was brought to the Exchange or seen by • It must have the superficial features and shape specified in the relevant legislation. the Exchange officials are included. The import document is attached to the report prepared in Otherwise, these precious metals will not be accepted by the Exchange and a 3 copies and a copy of the report is given to the relevant person. transaction will be made to return them to their origin. • In the import of non-standard precious metals, the adjustment report can only be issued by • Imported standard unprocessed precious metals in the form of ingots; can be the General Directorate of the Mint and Stamp Printing House. converted into smaller or larger ingots or granules or packages, provided that the • The adjustment analysis report must be submitted to the Exchange together with the import Delivery to the amount of precious metal is not less than the weight specified in the customs entry declaration report and the "Post-Import Notification Form" in Annex-2. Exchange and declaration and the necessary control is carried out by the Exchange before and after • The imported package of non-standard precious metals must be sealed by the Mint. Transaction the conversion. • If there is a discrepancy between the adjustment analysis report and the import declaration Obligation The first trading transactions in the country can only be made on the Stock Exchange. report, this incompatibility is requested to be eliminated. If the incompatibility cannot be resolved, the precious metals are returned to the country of origin.. • Non-standard unprocessed precious metals are kept in the custody vault by the Exchange only on the condition that there is an adjustment report, the storage vault is available and the precious metal is sealed by the member after the control. In this case, the trade can be executed at any date before leaving the vault. If deemed necessary, samples can be sent to the General Directorate of Mint and Stamp Printing House for analysis in order to check the compliance of non-standard precious metals with the setting report. All costs and taxes related to these transactions are covered by the member. • Imported non-standard precious metals must be traded on the Exchange in order to be registered by the Exchange. If the transaction is carried out before the adjustment analysis report and other documents reach the Exchange, these documents must be delivered to the ```

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```text HALKA AÇIK/PUBLIC Last Update: 17.08.2026 Exchange on the settlement day at the latest. If the adjustment analysis report and other documents have been delivered to the Exchange but the transaction has not yet been carried out, the member must carry out the transaction in the following session at the latest. The member performs this transaction within the current transaction limits. The transfer movements of the non-standard precious metal subject to the transaction are carried out by entering the net amount in the adjustment analysis report to the member account. After the transaction is completed, these precious metals are registered by the KASA application and the process is completed with the exit record. "Delivery Receipt" and "Exit Receipt" are given to the member regarding the dematerialized entry and exit transactions. • In cases where it is not possible for the vehicle carrying non-standard precious metals imported in large quantities by the members to enter the Exchange vault,the Exchange officials carry out the necessary control on the vehicle in a secure area. • In the notification made to the Exchange with the "Pre-Import Notification Form" in Annex-3, the identity number of the persons intermediated if they are real persons, passport If the import is number if they are foreign real persons, tax number and name-surname/title if they are legal persons, and the intermediary agreement regarding the transaction must be attached to the made on behalf notification of the customer • It is obligatory to specify the information about the persons mediated in the customs declarations submitted to the Customs Administrations. (within the • These declarations and a copy of the intermediary agreement regarding the transaction shall also be delivered to the Exchange. scope of • Annex-3 Pre-Import Notification Form and customer information in the customs declaration must be compatible. intermediary In the import intermediary transactions carried out by the intermediary institutions, it is the responsibility of the intermediary institutions to obtain the said documents and the intermediary agreement and submit them to the Exchange. • Unprocessed gold brought in by precious metals intermediary institutions on behalf of others under the asset amnesty is excluded from the quota application. • Unprocessed gold brought in under the asset amnesty cannot exceed 10 kilograms per person per month and a total of 50 kilograms until 31/7/2027, taking into account the Turkish Republic identity number / tax identification number. • Within the scope of the asset amnesty, if it is documented that the source and method of obtaining the unprocessed gold to be brought from abroad are in compliance with foreign exchange regulations, regulations on preventing money laundering and financing of terrorism, regulations based on the standards of the Organization for Economic Cooperation and Development (OECD) and the Financial Action Task Force (FATF), Borsa İstanbul regulations and other relevant legislation, the import of unprocessed gold exceeding the limits Other Principles specified on a per-person basis may be permitted with the approval of the Ministry; • In the transactions and procedures related to the unprocessed gold to be brought within the scope of the asset amnesty, no actions contrary to the responsible supply chain obligations in the relevant legislation should be taken. • The unprocessed gold to be brought within the scope of the asset amnesty must be of a quality that complies with the principles determined in foreign exchange regulations. • The control of the person and amount of unprocessed gold brought in on behalf of the owner within the scope of the asset amnesty must be provided by Borsa İstanbul. ```