GALATA WIND ENERJİ A.Ş.

Notice of Dividend Amount • Mar 12, 2025

Summary Info	2024 Profit Distribution Proposal of the Board of Directors
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	13.03.2025
Type of Cash Dividend Payment	Payment In Advance
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 (%)
GWIND, TREGWIN00014	Payment In Advance	0,3166666	31,66666	15	0,2691666	26,91666

Cash Dividend Payment Time Interval

First Ex-Date Possible (Proposed)	Last Ex-Date Possible (Proposed)	First Ex-Date Possible (Approved by General Assembly)	Last Ex-Date Possible (Approved by General Assembly)
	31.12.2025

Amount and Rate of Cash Dividend Stock Dividend Payment

Share Group Info	Amount of Stock Dividend (TL)	Rate of Stock Dividend (%)
GWIND, TREGWIN00014	0	0

Additional Explanations

By the resolution dated March 12, 2025, numbered 2025/06, our Board of Directors has resolved as follows:

Following discussions, and taking into account the relevant provisions of the Turkish Commercial Code ("TCC"), Capital Markets Legislation, the regulations of the Capital Markets Board ("CMB"), Corporate Tax Law, Income Tax Law, and other applicable legislation, as well as the relevant provisions of the Company's Articles of Association, the Company's Profit Distribution Policy, and the Capital Markets Board's resolution dated March 7, 2024 (published in the CMB Bulletin No. 2024/14, Resolution No. 14/382), the following determinations and decisions were made:

Pursuant to CMB's Communiqué II-14.1 on Principles Regarding Financial Reporting in Capital Markets and in accordance with Turkish Accounting Standards ("TAS") and Turkish Financial Reporting Standards ("TFRS"), as published by the Public Oversight, Accounting, and Auditing Standards Authority ("POA"), the consolidated financial statements for the fiscal period from January 1, 2024, to December 31, 2024, which were prepared in compliance with the 2024 TFRS Taxonomy approved by the POA on July 4, 2024, and audited by an independent auditor, reflect a "Net Profit for the Period" of TRY 834,410,071 after considering the Deferred Tax Expense and Current Tax Expense. After deducting General Legal Reserves of TRY 20,124,817.28, as required under Article 519(1) of the TCC, and adding donations made in 2024 totaling TRY 19,698,495, the Net Distributable Profit for the Period for the fiscal year 2024 amounts to TRY 833,983,748.72.

According to the financial statements prepared under Tax Legislation, as a result of the inflation adjustment applied to the balance sheet as of December 31, 2024, the "Retained Earnings/(Losses)" account, which includes the current year's profit of TRY 402,496,345.67, reflects a negative balance of TRY 2,495,886,015.47. The negative balance of TRY 2,495,886,015.47 is offset by the Inflation Adjustment Differences related to Equity Accounts. Accordingly, in the financial statements prepared under the Tax Procedure Law ("VUK"), the Net Profit for the Period is TRY 402,496,345.67.

Based on the Legal Accounting Records maintained in accordance with Tax Legislation and the Uniform Chart of Accounts ("General Communiqué on Accounting System Implementation") issued by the Ministry of Treasury and Finance, after deducting the "Current Tax Expense", the Net Profit for the Period for the fiscal year 2024 is TRY 402,496,345.67. After deducting General Legal Reserves of TRY 20,124,817.28, in accordance with Article 519(1) of the TCC, the Net Distributable Profit for the Period amounts to TRY 382,371,528.39.

Accordingly, it has been resolved that:

The Legal Accounting Records for the fiscal year January 1, 2024 – December 31, 2024 shall be taken as the basis for the profit distribution,

From the Net Distributable Profit for the Period of TRY 382,371,528.39, recorded in the Legal Accounting Records, a first dividend amounting to TRY 27,000,000.00 (equal to 5% of the issued capital) shall be distributed,

In accordance with Article 519(2)(c) of the TCC, an additional General Legal Reserve of TRY 35,537,152.84 shall be allocated, followed by the distribution of a second dividend of TRY 144,000,000.00,

In this framework, subject to the applicable rounding rules of the Central Securities Depository (Merkezi Kayıt Kuruluşu A.Ş.) at the time of the dividend distribution, a total gross dividend of TRY 171,000,000.00 (corresponding to 31.67% of the issued capital) shall be distributed, with a net cash dividend of TRY 145,350,000.00. The dividend distribution shall commence no later than December 31, 2025,

In accordance with the regulations of the CMB and POA, after allocating the statutory and special reserves required under TAS and TFRS, the undistributed portion of TRY 607,748,100.88 from the consolidated financial statements shall be transferred to the "Retained Earnings/(Losses)" account,

Similarly, after the allocation of the statutory reserves required under the Legal Accounting Records, the undistributed portion of TRY 175,834,375.55 shall be transferred to the "Retained Earnings/(Losses)" account,

These matters shall be submitted for approval at the General Assembly Meeting.

This statement has been translated into English for informational purposes. In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the Turkish version shall prevail.

Supplementary Documents

Appendix: 1	Kar Dağıtım 2024.pdf
Appendix: 2	Profit Distribution 2024.pdf

DIVIDEND DISTRIBUTION TABLE

GALATA WIND ENERJİ A.Ş. 01.01.2024/31.12.2024 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	540.000.000
2. Total Legal Reserves (According to Legal Records)	142.362.683,15
Information on privileges in dividend distribution, if any, in the Articles of Association:	Not Applicable

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	1.203.052.194	510.846.543,55
4. Taxes Payable (-)	-368.642.123	-108.350.197,88
5. Net Current Period Profit	834.410.071	402.496.345,67
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	-20.124.817,28	-20.124.817,28
8. Net Distributable Current Period Profit	814.285.253,72	382.371.528,39
Dividend Advance Distributed (-)	0	0
Dividend Advance Less Net Distributable Current Period Profit	0	0
9. Donations Made During The Year ( + )	25.058.495	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	839.343.748,72	382.371.528,39
11. First Dividend to Shareholders	27.000.000	27.000.000
* Cash	27.000.000	27.000.000
* 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	144.000.000	144.000.000
16. Secondary Legal Reserves	35.537.152,84	35.537.152,84
17. Statutory Reserves	0	0
18. Special Reserves	0	0
19. Extraordinary Reserves	607.748.100,88	175.834.375,55
20. Other Distributable Resources	0	0

Dividend Payment Rates Table

Share Group	CASH DIVIDEND AMOUNT (TL) - NET	STOCK DIVIDEND AMOUNT (TL)	TOTAL DIVIDEND AMOUNT (TL) / NET DISTRIBUTABLE CURRENT PERIOD PROFIT (%)	DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (TL)	DIVIDEND TO BE PAID FOR SHARE WITH PAR VALUE OF 1 TL - NET (%)
- - -	145.350.000		17,32	0,26917	26,917
TOTAL	145.350.000		17,32	0,26917	26,917

Dividend Rate Table Explanations

.