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Shareholding Structure

Partnership Structure of Our Company

The details of the capital structure of Demir Sağlık ve Hayat Sigorta A.Ş. are shown in the table below.

EMF NEIF Cooperatif U.A.
100%
Demir Hayat Group B.V.
100%
DS Holding A.Ş.
100%
Demir Sağlık ve Hayat Sigorta A.Ş.
100%


EMF New Europe Insurance Fund ("EMF NEIF" or "the Fund")

EMF NEIF is an investment fund established with the aim of investing in the insurance and related sectors in non-European Union Eastern European countries, primarily in Turkey. The fund is based in the United Kingdom. Its investors include the German Development Bank "DEG," the Dutch Development Bank "FMO," and the European Bank for Reconstruction and Development "EBRD."

EMF Capital Partners Limited (“EMF” or “the Fund Manager”)

EMF is a venture capital management and advisory company focused on insurance services in emerging markets. Headquartered in London, EMF has representative offices in Istanbul and Moscow. EMF Capital (UK) Limited, a subsidiary of EMF in the United Kingdom, is authorized and regulated by the Financial Conduct Authority (FCA).

Demir Hayat Group B.V.

Demir Hayat Group B.V. is a Dutch holding company established on April 14, 2016, with the registration number 65824962, and is located at "Haaksbergweg 71 Suite 31101 BR Amsterdam, Netherlands." It was founded to acquire the shares of Demir Sağlık ve Hayat Sigorta A.Ş. The company has no other activities besides this acquisition. All shares of Demir Hayat Group B.V. are owned by EMF NEIF Cooperatif U.A., which was established under Dutch law on August 12, 2013, to hold the shares of EMF NEIF's subsidiaries.

DS Holding A.Ş.

DS Holding A.Ş. was established on August 29, 2022, under Demir Hayat Group B.V. and owns all the shares of Demir Sağlık ve Hayat Sigorta A.Ş.