Shareholder Structure & Subsidiaries

With the appropriate permission from Borsa Istanbul, shares equal to TL 27,311 representing 55% of nominal shares was offered to public on 15 June 2017 with the ticker MAVI.

Capital structure of the Group as of November 7, 2018 is as follows;


% 07.11.2018
Fatma Elif Akarlılar 9,6 4.500.000
Seyhan Akarlılar 9,6 4.500.000
Hayriye Fethiye Akarlılar 9,6 4.500.000
Blue International Holding B.V. 0,21 108.293
Publicly Listed 72,59 36.048.707

100 49.657.000

Direct and Indirect Subsidiaries

Direct and indirect subsidiaries of the Company are as follows;

Subsidiary Country Share
Mavi Europe AG Germany 100%
Mavi Jeans Nederland BV Netherland 100%
Mavi Jeans LLC Limited Russia 100%
Mavi Kazakhstan LLP Kazakhstan 100%
Eflatun Giyim Yatırım Tic. A.Ş. Turkey 51,00%
Mavi Jeans Canada Canada 63,25%
Mavi Jeans Inc. USA 51,00%