TOFAS Declared Corporate Governance Rating

SAHA Kurumsal Yönetim ve Kredi Derecelendirme Hizmetleri A.Ş. has declared the corporate governance rating of TOFAŞ Türk Otomobil Fabrikası A.Ş. as 75.72 (7.57 over 10). This has proven that the Company showed a good performance within the scope of the existing Corporate Governance applications in accordance with the Corporate Governance Principles of CMB.

As a result of the Corporate Governance Rating Report consisting of 4 main titles in accordance with the Corporate Governance Principles of the Capital Market Board, namely; Shareholders, Public Information and Transparency, Stakeholders and Board of Directors, Tofaş is rated with 7.57 over 10 as a general average.

The evaluation is based on the Corporate Governance Principles of CMB issued on the basis of OECD regulations.

This has proven that Tofaş showed the value and importance attached to the public and its shareholders by implementing the Corporate Governance applications.

The issuance of report has finalized one of the prerequisites on implementation of Corporate Governance Index that will become an important reference with regards to compliance of Companies listed in Istanbul Stock Exchange with the Corporate Governance Principles.