SCHEDULE: Slim Family Discloses Turkcell Stake

Several entities and individuals associated with the Slim family have filed a Schedule 13G, reporting a combined beneficial ownership of 2.6% of Turkcell Iletisim Hizmetleri A.S. ordinary shares.

Summary

• This filing is an amendment to a Schedule 13G, indicating a change in beneficial ownership of Turkcell Iletisim Hizmetleri A.S. ordinary shares.
• The reporting persons include Carlos Slim Helu, Carlos Slim Domit, Marco Antonio Slim Domit, Patrick Slim Domit, Maria Soumaya Slim Domit, Vanessa Paola Slim Domit, Johanna Monique Slim Domit (collectively, the "Slim Family"), Grupo Financiero Inbursa, S.A.B. de C.V. ("GFI"), Control Empresarial de Capitales, S.A. de C.V. ("Control Empresarial"), Fundacion Telmex, A.C. ("Fundacion Telmex"), and Fundacion Carlos Slim, A.C. ("Fundacion Carlos Slim").
• The total beneficial ownership reported by these entities and individuals is 56,237,703 ordinary shares, represented in the form of American Depositary Receipts (ADRs).
• This holding constitutes approximately 2.6% of the total outstanding ordinary shares of Turkcell.
• The percentage is based on approximately 2,200,000,000 ordinary shares outstanding as of December 31, 2025, as reported in Turkcell's Form 20-F filed on April 17, 2026.
• The filing details the shared voting and dispositive power among the reporting persons, with specific breakdowns for GFI (10,890,000 shares), Control Empresarial (45,347,703 shares), Fundacion Telmex (25,485,170 shares), and Fundacion Carlos Slim (59,672,783 shares).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is a routine disclosure of beneficial ownership and does not inherently signal positive or negative developments for the company's stock.

Positives

• The filing clarifies the beneficial ownership structure related to Turkcell shares held by entities associated with the Slim family.
• The reporting persons collectively hold a significant, though not controlling, stake of 2.6% in Turkcell.

Risks

• The filing does not explicitly mention any risks or challenges.
• Potential risks could arise from the complex ownership structure involving trusts and foundations, which might lead to future disclosure complexities or regulatory scrutiny.

Future Outlook

The filing is primarily a disclosure of current beneficial ownership and does not contain forward-looking statements or specific future guidance regarding Turkcell's operations or financial performance.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by entities associated with the Slim family provides transparency regarding significant shareholdings in Turkcell, a major telecommunications operator. Such disclosures are crucial for understanding the shareholder landscape and potential influences within the industry.

Related Party Transactions

• The filing details relationships between various Slim family members, associated companies (GFI, Control Empresarial), and charitable foundations (Fundacion Telmex, Fundacion Carlos Slim), indicating shared control and potential for related party transactions, though none are explicitly detailed in this filing.

Stakeholder Impact

• Shareholders: Provides clarity on a significant beneficial owner, potentially influencing market perception and trading activity.
• Management: Awareness of the consolidated stake held by the Slim-associated entities is important for corporate strategy and governance discussions.
• Creditors: Indirect impact through the stability and governance of the company.

Next Steps

• The filing itself does not outline specific next steps for the reporting persons or the company.
• Future filings may be required if there are changes in beneficial ownership.

Key Dates

Keywords

Turkcell, Schedule 13G, Beneficial Ownership, Carlos Slim, Grupo Financiero Inbursa, ADRs, Shareholder