D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi entered into an agreement to acquire a 100% stake in Doruk Finansman A.S. from Dogan Sirketler Grubu Holding A.S., Dogan Dis Ticaret VE Mumessillik A.S. and Dogan family individuals for TRY 20 million.

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NasdaqGS:HEPS) entered into an agreement to acquire a 100% stake in Doruk Finansman A.S. from Dogan Sirketler Grubu Holding A.S. (IBSE:DOHOL), Dogan Dis Ticaret VE Mumessillik A.S. and Dogan family individuals for TRY 20 million on December 16, 2021. The Sellers are all related parties and the transaction, including the SPA, has been approved by the Company's Audit Committee, the Corporate Governance Committee, as well as the Board of Directors. The closing of the transaction is subject to regulatory approval of Banking Regulation and Supervision Agency.

Hepsiburada expects to complete the acquisition during the first quarter of 2022.