ÇATES ELEKTRİK ÜRETİM A.Ş.

Notice of Dividend Amount • Jun 11, 2024

Summary Info	Notice regarding 2023 Period Profit/Loss
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	15.05.2024
Date of Related General Assembly	11.06.2024
Was The Issue of Dividend Payment Negotiated?	Discussed
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 (%)
A Grubu, İşlem Görmüyor, TRECATS00023		0,0000000	0	0	0,0000000	0
B Grubu, CATES, TRECATS00015		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 (%)
A Grubu, İşlem Görmüyor, TRECATS00023	0	0
B Grubu, CATES, TRECATS00015	0	0

Additional Explanations

Within the scope of the Company's Articles of Association, Capital Markets Law No. 6362 ("CMB Law"), Turkish Commercial Code No. 6102 ("TCC"), Dividend Communiqué No. II-19.1 ("Dividend Communiqué"), Corporate Governance Communiqué No. II-17.1 and related legislation and the Company's Dividend Distribution Policy, which was adopted by the Board of Directors decision dated 15.02.2023 and numbered 2023/13 and will be submitted to the approval of the shareholders at the ordinary general assembly meeting for the year 2023,

2023 operating profit will be used for the Company's financial liabilities and working capital; therefore, it has been decided not to distribute dividends and submitted this situation to the approval of the shareholders at the ordinary general assembly meeting for the 2023 operating period and this situation was approved by majority vote.

In case of a discrepancy between the Turkish and English versions of this public disclosure statement, Turkish version shall prevail.

DIVIDEND DISTRIBUTION TABLE

ÇATES ELEKTRİK ÜRETİM A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	165.200.000
2. Total Legal Reserves (According to Legal Records)	0
Information on privileges in dividend distribution, if any, in the Articles of Association:	N/A

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	1.010.575.963	457.232.341
4. Taxes Payable (-)	-510.864.321	122.165.700
5. Net Current Period Profit	1.521.440.284	335.066.641
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)
8. Net Distributable Current Period Profit	1.521.440.284	335.066.641
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
11. First Dividend to Shareholders
* Cash
* Stock
12. Dividend Distributed to Owners of Privileged Shares
13. Other Dividend Distributed
* To the Employees
* To the Members of the Board of Directors
* To Non-Shareholders
14. Dividend to Owners of Redeemed Shares
15. Second Dividend to Shareholders
16. Secondary Legal Reserves
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves
20. Other Distributable Resources

Dividend Rate Table Explanations

The extraordinary reserves in the statutory records of the Company cover accumulated losses. Therefore, the related amount is not shown separately in the table above.