TURCAS PETROL A.Ş.

Notice of Dividend Amount • May 15, 2024

Summary Info	2023 Dividend Distribution
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	22.04.2024
Date of Related General Assembly	15.05.2024
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, TRCAS, TRATRCAS92E6		0,0000000	0	0	0,0000000	0
B Grubu, İşlem Görmüyor, TRETRCS00019		0,0000000	0	0	0,0000000	0
C Grubu, İşlem Görmüyor, TRETRCS00027		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, TRCAS, TRATRCAS92E6	0	0
B Grubu, İşlem Görmüyor, TRETRCS00019	0	0
C Grubu, İşlem Görmüyor, TRETRCS00027	0	0

Additional Explanations

Pursuant to Resolution of Board of Directors dated 22.04.2024 it has been resolved that the decision about not to distribute any dividend to shareholders shall be submitted to the approval of shareholders at the first Ordinary Annual General Assembly Meeting as there isn't any "Net Distributable Profit" due to Previous Years Losses on Statutory Financials according to Dividend Distribution Table based on 2023 year-end statutory financial statements as well as audited and unconsolidated financial statements per Capital Markets Board regulations.

During 2023 Annual General Meeting on 15 May 2024, Board of Directors' proposal regarding not distributing dividends was accepted.

Best regards,

Supplementary Documents

Appendix: 1	Kar dagitim tablosu 2023.pdf
Appendix: 2	Dividend Distribution Table 2023.pdf

DIVIDEND DISTRIBUTION TABLE

TURCAS PETROL A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	255.600.000
2. Total Legal Reserves (According to Legal Records)	39.311.954,06
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	333.114.379	213.198.613,55
4. Taxes Payable (-)	-35.974.242	0
5. Net Current Period Profit	369.088.621	213.198.613,55
6. Losses in Previous Years (-)	0	-379.328.176,02
7. Primary Legal Reserve (-)	0	0
8. Net Distributable Current Period Profit	369.088.621	-166.129.562,47
Dividend Advance Distributed (-)	0	0
Dividend Advance Less Net Distributable Current Period Profit	369.088.621	0
9. Donations Made During The Year ( + )	0	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	369.088.621	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 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	0	0	0	0	0
B Grubu	0	0	0	0	0
C Grubu	0	0	0	0	0
TOTAL	0	0	0	0	0

Dividend Rate Table Explanations

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