Joint Stock Co Kaspi.kz → D-MARKET Electronic Services & Trading HEPS

On January 5, 2026, the Reporting Person entered into a stock purchase agreement with TurkCommerce B.V., a private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) duly incorporated and validly existing under the laws of the Netherlands (the "Seller") pursuant to which the Seller agreed to sell, and the Reporting Person agreed to purchase, 32,885,686 Ordinary Shares of the Issuer for an aggregate purchase price of USD 97,012,773.70 (the "2026 Stock Purchase Agreement"). Pursuant to the 2026 Stock Purchase Agreement, the closing of the sale and purchase will occur four business days after execution of the Stock Purchase Agreement, or January 9, 2026, unless otherwise agreed to by the parties, and subject to certain closing conditions set forth in the 2026 Stock Purchase Agreement that are within the control of the parties thereto. The source of funding for the purchase is the working capital of the Reporting Person. The purpose of the Reporting Person's transactions in the Issuer's securities, including the transaction reported in this Amendment No. 6, is to have a controlling interest in the Issuer. The Reporting Person re-examines its investment in the Issuer on a continuing basis. Any actions the Reporting Person might undertake with respect to its investment may be made at any time and from time to time and will be dependent upon the Reporting Person's review of numerous factors, including, but not limited to: ongoing evaluation of the Issuer's business, prospects and strategic alternatives; price levels of the Issuer's securities; general market, industry and economic conditions; and other factors and future developments. The Reporting Person may consider, explore and/or develop plans and/or formulate proposals with respect to its investment in the Issuer and propose or consider one or more of the actions described in subparagraphs (a) - (j) of Item 4 of Schedule 13D.