TÜRK TELEKOMÜNİKASYON A.Ş.

AGM Information • Mar 31, 2022

Summary Info	Ordinary General Assembly Decision for Profit Distribution
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	31.03.2022
Date of Related General Assembly	31.03.2022
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	Group A shares of our Company are owned by LYY Telekomünikasyon A.Ş. LYY Telekomünikasyon A.Ş. is a fully tax payer corporation, accordingly there will be no withholding tax in the dividend payment. There is 1 Group C share, which is owned by the Republic of Turkey Ministry of Treasury and Finance and does not have the right to get dividend payment according to our Articles of Association.
Information Regarding How To Calculate That Lower Dividend Witholding Rate Than The Current Rate	Group A shares of our Company are owned by LYY Telekomünikasyon A.Ş. LYY Telekomünikasyon A.Ş. is a fully tax payer corporation, accordingly there will be no withholding tax in the dividend payment. There is 1 Group C share, which is owned by the Republic of Turkey Ministry of Treasury and Finance and does not have the right to get dividend payment according to our Articles of Association.

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, TRETTLK00021	Payment In Advance	1,4155900	141,559	0	1,4155900	141,559
B Grubu, İşlem Görmüyor, TRETTLK00039	Payment In Advance	1,4155900	141,559	10	1,2740310	127,4031
C Grubu, İşlem Görmüyor, TRETTLK00047	Payment In Advance	0,0000000	0	0	0,0000000	0
D Grubu, TTKOM, TRETTLK00013	Payment In Advance	1,4155900	141,559	10	1,2740310	127,4031

Dividend Dates

Payment	Proposed Ex-Dividend Date	Final Ex-Dividend Date	Payment Date	Record Date
Payment In Advance	28.04.2022	28.04.2022	05.05.2022	29.04.2022

(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, TRETTLK00021	0	0
B Grubu, İşlem Görmüyor, TRETTLK00039	0	0
C Grubu, İşlem Görmüyor, TRETTLK00047	0	0
D Grubu, TTKOM, TRETTLK00013	0	0

Additional Explanations

Following resolution for profit distribution has resolved in Türk Telekomünikasyon A.Ş. ("The Company") 2021 Ordinary General Assembly meeting dated 31.03.2022.

Accordingly,

1.The Company's net profit calculated according the independently audited consolidated financial tables prepared in accordance with the provisions of "Capital Markets Board Communique About Financial Reporting in Capital Markets No.II-14.1" is TL 5,761,454,000, for the fiscal year of 2021.

2.Pursuant to the CMB Communique on Dividends No: II-19.1, the profit after tax amount of TL 5,761,454,000 shall be the base amount for dividend distribution,

3.Since the Company already reached the general legal reserve limit in accordance with Article 519 of Turkish Commercial Code, this reserve is not required to be taken for 2021;

4.The base for the first dividend shall be TL 5,797,400,185.95 (Pursuant to the Capital Markets Board regulations, this amount is calculated by adding the donation amount within the year, which is TL 35,946,185.95 to the net distributable profit of 2021, which is TL 5,761,454,000)

5.Accordingly,

a.The loss for the relevant financial year stated under the legal records of the Company shall be deducted from the general legal reserves.

b.TL 1,159,480,037.19 which corresponds to the 20% of TL 5,797,400,185.95 (the first dividend base) shall be distributed to the shareholders as first cash dividend,

c.TL 3,795,084,962.81 shall be distributed to the shareholders as second cash dividend,

d.TL 477,956,500.00 (calculated as 1/10 of the "profits to be distributed" after 5% of paid in capital is deducted from it pursuant to the CMB regulations) shall be set aside from the remaining part of the net distributable profit;

e.TL 328,932,500.00 which is the remaining of the 2021 year's distributable profit after the cash dividend distribution shall be regarded as prior year's profit and set aside within the Company, in case the amount which is set aside as 2021 fiscal year's profit is subject to redistribution, the withholding tax deductions shall be applicable on such amount;

As a result;

f.TL 1.452.732.572,14 out of the total amount of TL 4.954.565.000,00 which shall be distributed in cash, shall be distributed from statutory net profit for the year 2021, remaining TL 3.501.832.427,86 shall be distributed from the statutory prior years' profit, the withholding tax deductions shall be applicable within the scope of relevant regulations on the distribution date;

g.1.41559 Kuruş (141.559%) gross cash dividend per share for 1 Kuruş nominal shall be distributed to our shareholders and total gross cash dividend distribution amount shall be TL 4,954,565,000.00;

6.The distribution of the cash dividends to our shareholders shall begin on 28 April 2022.

Supplementary Documents

Appendix: 1	Pay Başına Temettü Bilgileri.pdf
Appendix: 2	Dividend_Per_Share_Table.pdf
Appendix: 3	TÜRK TELEKOMÜNİKASYON A.Ş. 2021 Kar Payı Dagıtım Tablosu.pdf
Appendix: 4	TÜRK TELEKOMÜNİKASYON A.Ş. 2021 Dividend Distribution Table.pdf

DIVIDEND DISTRIBUTION TABLE

TÜRK TELEKOMÜNİKASYON A.Ş. 01.01.2021/31.12.2021 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	3.500.000.000
2. Total Legal Reserves (According to Legal Records)	2.876.565.307

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	5.620.842.000
4. Taxes Payable (-)	-140.612.000
5. Net Current Period Profit	5.761.454.000
6. Losses in Previous Years (-)	0
7. Primary Legal Reserve (-)	0
8. Net Distributable Current Period Profit	5.761.454.000
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )	35.946.185,95
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	5.797.400.185,95
11. First Dividend to Shareholders
* Cash	1.159.480.037,19
* 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	3.795.084.962,81
16. Secondary Legal Reserves	477.956.500
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves	328.932.500
20. Other Distributable Resources		4.954.565.000

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	2.725.010.750	0	47,3	1,41559	141,559
B Grubu	1.263.414.075	0	21,93	1,274031	127,403
C Grubu	0	0	0	0	0
D Grubu	631.707.037,5	0	10,96	1,274031	127,403
TOTAL	4.620.131.862,5	0	80,19	1,274031	127,403

Dividend Rate Table Explanations

Note: The ratio of gross dividend to net distributable income is 86%.

*Group A shares of our Company are owned by LYY Telekomünikasyon A.Ş. LYY Telekomünikasyon A.Ş. is a fully tax payer corporation, accordingly there will be no withholding tax in the dividend payment.

** Group B shares of our Company are owned by the Republic of Turkey Ministry of Treasury and Finance and Turkish Wealth Fund. The Republic of Turkey Ministry of Treasury and Finance is subject to withholding tax. Türkiye Wealth Fund is not subject to withholding tax.

*** There is 1 Group C share, which is owned by the Republic of Turkey Ministry of Treasury and Finance and does not have the right to get dividend payment according to our Articles of Association.

**** As the 15% of the total capital are traded in the Borsa Istanbul, our Company is not able to idenfify shareholders as "limited or fully tax payer, real person or legal person". Gross and net dividend calculation for this group is made on the assumption that all of the Group D shares are subject to withholding tax.