OTOKAR OTOMOTİV VE SAVUNMA SANAYİ A.Ş.

Notice of Dividend Amount • Feb 29, 2024

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

Decision Date	29.02.2024
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 (%)
OTKAR, TRAOTKAR91H3	Payment In Advance	6,0000000	600	10	5,4000000	540

Dividend Dates

Payment	Proposed Ex-Dividend Date	Final Ex-Dividend Date	Payment Date	Record Date
Payment In Advance	03.04.2024		05.04.2024	04.04.2024

(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 (%)
OTKAR, TRAOTKAR91H3	0	0

Additional Explanations

At the Board of Directors Meeting of our Company which held on 29.02.2024, the following issue was decided to be submitted to shareholders' approval at the Annual General Meeting of the company which is foreseen to be held during March, 2024. Distribution of totally TRY 720.000.000 gross dividend from the distributable profit of the 2023 fiscal year as per seen in the attached Dividend Distribution Table of the company and to distribute dividend payment on 03.04.2024 and in accordance with Capital Market Legislation, clause 19 of Article of Association and the Dividend Distribution Policy of the company.

Supplementary Documents

Appendix: 1	Kar dagitim_ek.pdf
Appendix: 2	Dividend distribution_annex.pdf

DIVIDEND DISTRIBUTION TABLE

OTOKAR OTOMOTİV VE SAVUNMA SANAYİ A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	120.000.000
2. Total Legal Reserves (According to Legal Records)	183.398.147
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	1.458.019.252	783.266.193
4. Taxes Payable (-)	-509.942.574	21.068.962
5. Net Current Period Profit	1.967.961.826	762.197.231
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)
8. Net Distributable Current Period Profit	1.967.961.826	762.197.231
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )	37.615.853
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	2.005.577.679
11. First Dividend to Shareholders
* Cash	720.000.000	6.000.000
* 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		687.452.028
16. Secondary Legal Reserves	71.400.000	68.745.203
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves	1.176.561.826
20. Other Distributable Resources		26.547.972

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 (%)
- - -	648.000.000	0	32,93	5,4	540
TOTAL	648.000.000	0	32,93	5,4	540

Dividend Rate Table Explanations

According to the consolidated financial statements for the 01.01.2023-31.12.2023 accounting period, which are prepared in compliance with the Turkish Financial Reporting Standards (TFRS) pursuant to Capital Markets Board's (CMB) "Communiqué on the Principles Financial Reporting in Capital Markets", numbered II-14.1, and audited by Güney Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş., a net profit of TL 1.967.961.826 has been posted for the parent company. The dividend distribution proposal, prepared by taking into account the long-term corporate strategy, investments and financing policies, profitability and cash position of the company, is presented below. If the proposal is approved with the decision of the General Assembly, the dividend payment will start on 03.04.2024.