FORD OTOMOTİV SANAYİ A.Ş.

Notice of Dividend Amount • Apr 3, 2024

Summary Info	Ordinary General Assembly Dividend Distribution Result
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	06.03.2024
Date of Related General Assembly	03.04.2024
Was The Issue of Dividend Payment Negotiated?	Discussed
Type of Cash Dividend Payment	Payment In Advance
Currency Unit	TRY
Stock Dividend	Will Not Be Paid
The Reason For Applying A Lower Dividend Withholding Rate Than The Current Rate In Calculating Net Amount	The current withholding tax rates for Group A and B shares, and for Group C shares, the rate in the Double Taxation Agreement are used.
Information Regarding How To Calculate That Lower Dividend Witholding Rate Than The Current Rate	Group B shareholders, resident in Turkey, are full taxpayer companies. Therefore, the withholding rate was applied as 0 (zero) percent, and for Group C shares, the rate in the Double Taxation Agreement was applied.

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, FROTO, TRAOTOSN91H6	Payment In Advance	43,3000000	4.330	10	38,9700000	3.897
B Grubu, İşlem Görmüyor, TREFRTO00011	Payment In Advance	43,3000000	4.330	0	43,3000000	4.330
C Grubu, İşlem Görmüyor, TREFRTO00029	Payment In Advance	43,3000000	4.330	5	41,1350000	4.113,5

Dividend Dates

Payment	Proposed Ex-Dividend Date	Final Ex-Dividend Date	Payment Date	Record Date
Payment In Advance	08.04.2024	08.04.2024	16.04.2024	15.04.2024

(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, FROTO, TRAOTOSN91H6	0	0
B Grubu, İşlem Görmüyor, TREFRTO00011	0	0
C Grubu, İşlem Görmüyor, TREFRTO00029	0	0

Additional Explanations

Board of Directors has decided; as per the attached Profit Distribution Proposal which prepared in accordance with the CMB's regulations, Article No.19 of the Articles of Incorporation of the Company and the investment and financing policies as stated in the updated Dividend Distribution Policy and considering the cash flow position it's resolved to present:

a. Not allocating the statutory legal reserves of 5% required by Article 519 of the Turkish Commercial Code for the year 2023, since the amount of statutory legal reserves available in the Tax Procedure Law records as of 31.12.2023 has reached the limit of 20% of the capital.

b. The distribution of dividends with a cash payment of TL 15,194,403,000 to the shareholders and allocation of TL 1,517,685,750 to the statutory legal reserves for the year 2023.

c. If the above profit distribution proposal is accepted by the General Assembly, the total amount of dividend to be paid to the shareholders, which is TL 15,194,403,000 and the amount of statutory Legal Reserves, which is TL 1,517,685,750, will be covered from the current year's profits prepared according to both TFRS and Tax Procedure Law.

d. Following the profit distribution, transferring TL 32,343,580,400 to retained earnings in the financial statements prepared according to TFRS, and leaving the remaining amount to be subjected to inflation adjustment according to the Tax Procedure Law as of 31.12.2023 in the sub-breakdown of Past Year Profits/Losses account.

e. Paying a cash dividend of TL 43.30 gross/net for each share with a nominal value of TL 1.00 to full taxpayers and non-resident corporate shareholders obtaining dividends through a permanent establishment or representative office in Turkey, and paying a cash dividend of TL 43.30 gross (4,330% gross) and TL 38.97 net (3,897% net) for each share with a nominal value of TL 1.00 to other shareholders.

f. To determine the dividend distribution date as April 8, 2024 is decided.

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.

Supplementary Documents

Appendix: 1	Kar Dağıtım Tablosu.pdf
Appendix: 2	Dividend Distribution.pdf

DIVIDEND DISTRIBUTION TABLE

FORD OTOMOTİV SANAYİ A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	350.910.000
2. Total Legal Reserves (According to Legal Records)	1.720.120.380

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	47.428.332.895	32.017.901.771
4. Taxes Payable (-)	1.627.336.255	-133.641.671
5. Net Current Period Profit	49.055.669.150	31.884.260.100
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)
8. Net Distributable Current Period Profit	49.055.669.150	31.884.260.100
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit	49.055.669.150
9. Donations Made During The Year ( + )	825.984.458
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	49.881.653.608
11. First Dividend to Shareholders	15.194.403.000	17.545.500
* Cash	15.194.403.000	17.545.500
* 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		15.176.857.500
16. Secondary Legal Reserves	1.517.685.750	1.517.685.750
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves	32.343.580.400	15.172.171.350
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	2.700.149.749,82		5,5	38,97	3.897
B Grubu	5.974.845.304,05		12,18	43,3	4.330
C Grubu	5.923.318.107,13		12,07	41,135	4.113,5
TOTAL	14.598.313.161		29,76

Dividend Rate Table Explanations

1) There is no privileged share group in the profit.

2) The calculations have been based on the assumption that other A Group shareholders are subject to withholding tax.

3) The %0 withholding tax rate is used when calculating net dividend for all of group B shares which belong to our taxpayer legal entity partners Koç Holding A.Ş and Temel Ticaret A.Ş.

4) The 5% withholding tax rate is used when calculating net dividend for all of group C shares which belong to our limited taxpayer partner Ford Deutschland Holding GmbH.