VESTEL ELEKTRONİK SANAYİ VE TİCARET A.Ş.

Notice of Dividend Amount • Apr 25, 2025

Summary Info	Board of Directors' Proposal for Dividend Distribution
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	25.04.2025
Type of Cash Dividend Payment	Cash Dividend Will Not Be Paid
Currency Unit	TRY
Stock Dividend	Will Not Be Paid

Cash Dividend Payment Amount and Rates

Share Group Info	Payment	Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (TL)	Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (%)	Withholding Rate (%)	Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (TL)	Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (%)
VESTL, TRAVESTL91H6		0,0000000	0	0	0,0000000	0

Amount and Rate of Cash Dividend Stock Dividend Payment

Share Group Info	Amount of Stock Dividend (TL)	Rate of Stock Dividend (%)
VESTL, TRAVESTL91H6	0	0

Additional Explanations

Board of Directors of Vestel Elektronik Sanayi ve Ticaret Anonim Şirketi made the following resolution :

In the 2024 fiscal year of our Company, according to the consolidated financial statements prepared in compliance with the formats determined by the Public Oversight, Accounting and Auditing Standards Authority ("POA") and the Capital Markets Board ("CMB"), based on the Turkish Financial Reporting Standards enacted by POA in accordance with the CMB Communiqué No. II-14.1 on "Principles of Financial Reporting in Capital Markets", and audited by PwC Bağımsız Denetim ve Serbest Muhasebecilik Mali Müşavirlik A.Ş., has generated a net loss attributable to the parent company in the amount of TL 11,020,692,000, and a net loss for the period of TL 2,851,403,383 according to the individual financial statements prepared within the framework of the relevant provisions of the Tax Procedure Law No. 213 ("TPL").

Within the framework of the information explained above, our Board of Directors has unanimously resolved to submit for the approval of the shareholders at the 2024 Ordinary General Assembly Meeting the matter that no dividend distribution shall be made due to the absence of distributable profit for the period in the Company's financial statements.

This resolution has been adopted unanimously by the members of the Board of Directors present at the meeting.

This statement was translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.

Supplementary Documents

Appendix: 1	Vestel Elektronik 2024 Kar Payı Dağıtım Tablosu.pdf
Appendix: 2	Vestel Elektronik Dividend Distribution Tablo for the Year 2024.pdf

DIVIDEND DISTRIBUTION TABLE

VESTEL ELEKTRONİK SANAYİ VE TİCARET A.Ş. 01.01.2024/31.12.2024 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	335.456.275
2. Total Legal Reserves (According to Legal Records)	293.671.531
Information on privileges in dividend distribution, if any, in the Articles of Association:	None

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	-10.238.839.000	-2.851.403.383
4. Taxes Payable (-)	781.853.000	0
5. Net Current Period Profit	-11.020.692.000	-2.851.403.383
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	0	0
8. Net Distributable Current Period Profit	0	0
Dividend Advance Distributed (-)	0	0
Dividend Advance Less Net Distributable Current Period Profit	0	0
9. Donations Made During The Year ( + )	22.795.481	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	0	0
11. First Dividend to Shareholders	0	0
* Cash	0	0
* Stock	0	0
12. Dividend Distributed to Owners of Privileged Shares	0	0
13. Other Dividend Distributed	0	0
* To the Employees	0	0
* To the Members of the Board of Directors	0	0
* To Non-Shareholders	0	0
14. Dividend to Owners of Redeemed Shares	0	0
15. Second Dividend to Shareholders	0	0
16. Secondary Legal Reserves	0	0
17. Statutory Reserves	0	0
18. Special Reserves	0	0
19. Extraordinary Reserves	0	0
20. Other Distributable Resources	0	0

Dividend Rate Table Explanations

(*) Amount is the nominal registered share capital and the inflation adjustment to share capital amounting to TL 31.192.652.560 is included in the records prepared in accordance with TPL.

(**) Amount is nominal general legal reserves and there is inflation adjustment difference amounting to TL 2.148.575.709 related to legal reserves in the records prepared in accordance with TPL after the application of inflation accounting.

(***) The amount of consolidated donations made during the year calculated according to the purchasing power at 31 December 2024 is stated.