Structure of TDF (Turkey Development Fund)

%100
Subsidiary

Development Portfolio Management Company

(Fund Manager to manage the entire funds founded under Turkey Development Fund)

Fund
Management
Service

Funds managed by the Portfolio Management Company

Venture Capital Investment Funds founded
by Portfolio Management Company

Direct and Indirect Venture Capital Investments
Direct Private Equity Investments
Direct and Indirect Venture Capital Investments
An elastic structure under the legally-granted authorization

Venture Capital Investment Funds founded
by Portfolio Management Company

Subject to the Capital Markets Board Legislation