Mavi Giyim Sanayi ve Ticaret : BoD Decision Regarding Earthquake Related Donations
February 16, 2023 at 03:39 am EST
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"In light of the extraordinary conditions ongoing in the aftermath of the earthquake disaster that devastated ten provinces on 06/02/2023 and pursuant to the Capital Markets Board resolution no. 8/174 dated 09/02/2023, the Board of Directors has resolved on 15/02/2023 to extend donations and aids in cash and/or in kind to meet the needs of the earthquake victims directly and/or through institutions and organizations legally authorized to collect donations; to provide comprehensive information about this resolution to the shareholders by submitting it to their approval at the ordinary general assembly meeting where the 2022 activities will be reviewed; and to deduct these donations and aid from the new upper limit set for donations in 2023, which will be increased upon the approval of the general assembly.".
Mavi Giyim Sanayi ve Ticaret AS published this content on 16 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 February 2023 08:38:01 UTC.
Mavi Giyim Sanayi ve Ticaret AS is a Turkey-based company, which designs and manufactures apparel and accessories, under the Mavi brand, for both women and men. The Company offers pants, jackets, shirts, shorts, dresses, skirts, and joggers. The Company operates more than 390 mono-brand Mavi stores with particular presence in Turkey, the United States (following the acquisition of Mavi USA), Canada (following the acquisition of Mavi Canada), Europe (centered on Germany) and Russia, more than 5,000 global points of sale, as well as an online store. It has a retail base in Turkey with more than 200 mono-brand retail stores, more than 60 franchise-operated mono-brand retail stores and more than 400 multi-brand points of sale across the country. Its wholesale partners include Nordstrom, Bloomingdaleâs and Peek & Cloppenburg.
MAVI GIYIM SANAYI VE TICARET 
