ENKA İNŞAAT VE SANAYİ A.Ş.

Notice of Dividend Amount • Mar 29, 2024

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

Decision Date	07.03.2024
Date of Related General Assembly	29.03.2024
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	Low rate was applied due to earnings subject to investment discount exemption.
Information Regarding How To Calculate That Lower Dividend Witholding Rate Than The Current Rate	* Of the gross 7.500.000.000 TL to be distributed from 2023 profit, 1.272.011.431 TL is the income within the scope of investment exemption, and no withholding tax is applied to this amount, and 10% withholding tax is applied for the remaining 6.227.988.568 TL.

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 (%)
ENKAI, TREENKA00011	Payment In Advance	1,2500000	125	8,303985	1,1462001	114,62001

Dividend Dates

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

Amount and Rate of Cash Dividend Stock Dividend Payment

Share Group Info	Amount of Stock Dividend (TL)	Rate of Stock Dividend (%)
ENKAI, TREENKA00011	0	0

Additional Explanations

-

DIVIDEND DISTRIBUTION TABLE

ENKA İNŞAAT VE SANAYİ A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	6.000.000.000
2. Total Legal Reserves (According to Legal Records)	2.386.046.977
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	21.298.810.893	13.496.235.634
4. Taxes Payable (-)	3.612.282.352	1.275.480.034
5. Net Current Period Profit	16.969.183.268	12.220.755.600
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	0	0
8. Net Distributable Current Period Profit	16.969.183.268	12.220.755.600
Dividend Advance Distributed (-)	3.000.000.000	3.000.000.000
Dividend Advance Less Net Distributable Current Period Profit	13.969.183.268	0
9. Donations Made During The Year ( + )	122.216.785	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	17.091.400.053	0
11. First Dividend to Shareholders	10.500.000.000	10.500.000.000
* Cash	10.500.000.000	10.500.000.000
* 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	129.056.670	129.056.670
15. Second Dividend to Shareholders	0	0
16. Secondary Legal Reserves	1.032.905.667	0
17. Statutory Reserves	0	0
18. Special Reserves	0	0
19. Extraordinary Reserves	5.307.220.931	558.793.263
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 (%)
- - -	9.577.201.143,17	0	56,44	1,5962	159,62
TOTAL	9.577.201.143,17	0	56,44	1,5962	159,62

Dividend Rate Table Explanations

* Net Current Period Profit in line 5 has been calculated by deducting the part corresponding to the non-controlling interests from the net profit for the period.

*3.000.000.000 TL out of 10.500.000.000 TL cash dividend had been distributed as Advance Dividend of 2023 by applying a witholding tax of 10%. For dividend payments of gross 7.500.000.000 TL and net 6.877.201.143 TL to be distributed from 2023 profits, the withholding tax rate will be applied as 8,303985% due to earnings subject to investment discount exemption.

* The secondary legal reserve of the advance dividend which was distributed within the year is included in secondary legal reserves in line 16.

(Translation into English is just for informational purposes. In case of a discrepancy between the Turkish and the English versions, the Turkish version shall prevail.)