KOCAER ÇELİK SANAYİ VE TİCARET A.Ş.

Notice of Dividend Amount • May 3, 2024

Summary Info	Board of Directors' resolution for dividend distribution
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	03.05.2024
Type of Cash Dividend Payment	Payment In Advance
Currency Unit	TRY
Stock Dividend	Will be paid

The dividend distribution decision was approved by the Savings Deposit Insurance Fund (SDIF) Fund Board, which has the authority of the General Assembly.

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	0,1520750	15,2075	10	0,1368675	13,68675
B Grubu, İşlem Görmüyor, TREKCAE00014	Payment In Advance	0,1520750	15,2075	10	0,1368675	13,68675
C Grubu, KCAER, TREKCAE00030	Payment In Advance	0,1520750	15,2075	10	0,1368675	13,68675

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	65.251.214	54,64716
B Grubu, İşlem Görmüyor, TREKCAE00014	65.251.214	54,64716
C Grubu, KCAER, TREKCAE00030	228.840.937	54,64716

Supplementary Documents

Appendix: 1	Kocaer Çelik A.Ş. 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	100.000.000	100.000.000
* Stock	359.343.365	359.343.365
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	16.342.612,36	65.251.214	7,41	0,6833	68,33
B Grubu	16.342.612,36	65.251.214	7,41	0,6833	68,33
C Grubu	57.314.775,28	228.840.937	25,98	0,6833	68,33
TOTAL	90.000.000	359.343.365	40,8

Dividend Rate Table Explanations

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

The Company's net profit for the period attributable to the parent company in the consolidated financial statements prepared in accordance with the provisions of the Capital Markets Board Communiqué Serial: XI No: 29 is TRY 1,186,704,182 and the net profit for the period in the financial statements prepared in accordance with the Provisional Tax Declaration for the period 2023/4 prepared in accordance with the provisions of the Tax Procedure Law is TRY 977,384,426.

Since the total amount of First Legal Reserves allocated in accordance with the Turkish Commercial Code is TRY 88,323,734 and the said amount does not reach 20% of the issued capital, it is decided to allocate TRY 88,323,734 First Legal Reserves from the net profit for the period of TRY 977,384,426 in our financial statements prepared in accordance with the provisions of the Tax Procedure Law,

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 adding to the capital, in total TRY 459,343,365 to be distributed as First Dividend, at the rate of %41.70,

Since the amount of cash first dividend to be distributed to the shareholders is more than 5% of the issued capital, Second Legal Reserves amounting to TRY 380,210 shall be set aside in accordance with the provisions of the Turkish Commercial Code,

According to our legal records, the remaining profit of TRY 340,727 shall not be distributed and shall be set aside as Extraordinary Reserves,

To pay the cash dividend until July 3, 2024 at the latest,

To submit all these matters to the approval of our shareholders at our Company's Ordinary General Assembly Meeting for the year 2023.

It is announced to the public with respect.