KUZEY BORU A.Ş.


Summary Info	Proposal of the Board of Directors Regarding Dividend Distribution
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No


Decision Date	04.04.2024
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 (%)
A Grubu, İşlem Görmüyor, TREKZYB00029	Payment In Advance	0,5274905	52,74905	10	0,4747414	47,47414
B Grubu, KBORU, TREKZYB00011	Payment In Advance	0,5274905	52,74905	10	0,4747414	47,47414

Dividend Dates


Payment	Proposed Ex-Dividend Date	Final Ex-Dividend Date	Payment Date	Record Date
Payment In Advance	26.06.2024		28.06.2024	27.06.2024

(1) The date that the dividend will be paid and the share will start trading without dividend right (proposed).

(2) The date that the dividend will be paid and the share will start trading without dividend right (finalized).

(3) Date of entry to the accounts of the shareholders whose shares are traded on the stock exchange.

(4) Date of determination of the right holders of the type of shares traded on the stock exchange.

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, TREKZYB00029	0	0
B Grubu, KBORU, TREKZYB00011	0	0

Additional Explanations

DIVIDEND DISTRIBUTION TABLE

KUZEY BORU A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)


1.Paid-In / Issued Capital	100.000.000
2. Total Legal Reserves (According to Legal Records)	12.640.028,29
Information on privileges in dividend distribution, if any, in the Articles of Association:	-


*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	201.042.021	171.078.875,97
4. Taxes Payable (-)	-18.180.866	3.345.645,47
5. Net Current Period Profit	219.222.887	167.733.230,5
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	8.386.661,53	8.386.661,53
8. Net Distributable Current Period Profit	210.836.225,47	159.346.568,97
Dividend Advance Distributed (-)	0	0
Dividend Advance Less Net Distributable Current Period Profit	0	0
9. Donations Made During The Year ( + )	160.000	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	210.996.225,47	159.346.568,97
11. First Dividend to Shareholders	52.749.056,37	52.749.056,37
* Cash	52.749.056,37	52.749.056,37
* 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	4.774.905,64	4.774.905,64
17. Statutory Reserves	0	0
18. Special Reserves	0	0
19. Extraordinary Reserves	153.312.263,47	101.822.606,97
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	11.393.796,18	0	5,4	0,4747414	47,47414
B Grubu	36.080.354,56	0	17,11	0,4747414	47,47414
TOTAL	47.474.150,74	0	22,52	0,4747414	47,47414

Dividend Rate Table Explanations

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