KOCAER ÇELİK SANAYİ VE TİCARET A.Ş.

Notice of Dividend Amount • May 27, 2024

Summary Info	Ordinary General Assembly resolution for dividend distribution
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Reason of Correction	Change in cash and bonus dividend amount in line with the proposal made in the General Assembly

Decision Date	03.05.2024
Date of Related General Assembly	27.05.2024
Was The Issue of Dividend Payment Negotiated?	Discussed
Type of Cash Dividend Payment	Payment In Advance
Currency Unit	TRY
Stock Dividend	Will 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, TREKCAE00022	Payment In Advance	0,3041501	30,41501	10	0,2737350	27,3735
B Grubu, İşlem Görmüyor, TREKCAE00014	Payment In Advance	0,3041501	30,41501	10	0,2737350	27,3735
C Grubu, KCAER, TREKCAE00030	Payment In Advance	0,3041501	30,41501	10	0,2737350	27,3735

Dividend Dates

The company management has been authorized by the general assembly to determine the cash dividend ex-date(s).

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)
	03.07.2024

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, TREKCAE00022	47.092.756	39,43965
B Grubu, İşlem Görmüyor, TREKCAE00014	47.092.756	39,43965
C Grubu, KCAER, TREKCAE00030	165.157.853	39,43965

Supplementary Documents

Appendix: 1	Kar payı dağıtım tablosu.pdf

DIVIDEND DISTRIBUTION TABLE

KOCAER ÇELİK SANAYİ VE TİCARET A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	657.570.000
2. Total Legal Reserves (According to Legal Records)	88.323.734
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	1.362.506.269	1.185.789.540
4. Taxes Payable (-)	176.988.414	208.405.114
5. Net Current Period Profit	1.186.704.182	977.384.426
6. Losses in Previous Years (-)		428.996.391
7. Primary Legal Reserve (-)	88.323.734	88.323.734
8. Net Distributable Current Period Profit	1.098.380.448	460.064.302
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )	3.081.160	3.081.160
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	1.101.461.608	463.145.462
11. First Dividend to Shareholders	459.343.365	459.343.365
* Cash	200.000.000	200.000.000
* Stock	259.343.365	259.343.365
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	64.211.824	380.210
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves	574.825.259	340.727
20. Other Distributable Resources

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 (%)
A Grubu	32.685.224,72	47.092.756	7,24	0,6681	66,81
B Grubu	32.685.224,72	47.092.756	7,24	0,6681	66,81
C Grubu	114.629.550,56	165.157.853	25,41	0,6681	66,81
TOTAL	180.000.000	259.343.365	39,89

Dividend Rate Table Explanations

At the Board of Directors Meeting of our company dated May 3, 2024 and numbered 2024/5; below decisions had been taken:

From the net profit for the period belonging to the parent company amounting to TRY 1,186,704,182 in our consolidated financial statements prepared in accordance with the provisions of the Capital Markets Board Communiqué Serial: XI No: 29; after setting aside TRY 88,323,734 First Legal Reserves in accordance with the Turkish Commercial Code, the remaining TRY 1,101,461,608 TL amount, which is reached by adding TRY 3,081,160 Donations and Aids made in 2023 to the TRY 1,098,380,448 Distributable Net Profit for the Period; TRY 100,000,000 in cash and TRY 359,343,365 in shares by capital increase, in total TRY 459,343,365 to be distributed as First Dividend and t o pay the cash dividend until July 3, 2024 at the latest.

In line with the proposal made at our company's 2023 Ordinary General Assembly Meeting dated 27.05.2024, the cash dividend distribution proposal is changed and accepted as 200,000,000 TL and the bonus issue amount is changed and accepted as 259,343,365 TL.

It is announced to the public with respect.