D-MARKET Electronic Services & Trading

Hepsiburada announced an Extraordinary General Assembly Meeting to be held on August 14, 2026, to authorize a significant share capital increase. The company proposes to increase its share capital by TRY 9,321,419,250.00, with TRY 14,285,700.00 as nominal value and the remainder as share premium. This will raise the nominal share capital from TRY 72,368,116.80 to TRY 86,653,816.80 and increase the total number of shares. The pre-emptive rights of The Bank of New York Mellon will be disapplied to facilitate efficient financing.

D-MARKET Electronic Services & Trading (Hepsiburada) announced the completion of its planned CEO transition. Nilhan Gökçetekin will step down as CEO, effective July 1, 2026, following a smooth handover process. Ender Özgün has been appointed Chief Executive Officer with overall responsibility for the company, while Hakan Karadoğan will lead the Delivery business as CEO. This new leadership structure aims to support Hepsiburada's next phase of growth with dedicated focus on its core platform and delivery capabilities.

Hepsiburada announced a significant leadership transition, with Nilhan Gökçetekin stepping down as Chief Executive Officer effective July 1, 2026. Ender Özgün, previously Chief Commercial Officer, has been appointed as the new CEO, taking overall responsibility for the company. Additionally, Hakan Karadoğan, former CEO of Logistics, will lead Hepsiburada’s Delivery business as CEO. This new structure aims to support the company's next phase of growth by promoting experienced internal leaders and focusing on core commerce and delivery capabilities.

Hepsiburada announced its unaudited financial results for Q1 2026, with Gross Merchandise Value (GMV) increasing by 28.4% to TRY 57.8 billion and revenue growing by 22.9% to TRY 23.1 billion, both adjusted for hyperinflation (IAS 29). The company reported a net loss of TRY 992.0 million, a significant increase from TRY 464.7 million in Q1 2025, primarily due to investments in growth initiatives and higher financial expenses. Despite this, EBITDA improved by 195.1% to TRY 420.3 million, and free cash flow improved by 8.1%.

D-MARKET Electronic Services & Trading (Hepsiburada) announced it will release its unaudited financial results for the first quarter ending March 31, 2026. The report is scheduled for Thursday, May 7, 2026, after the U.S. market closes. This announcement provides investors with the date to anticipate the company's latest financial performance update.