İSKENDERUN DEMİR VE ÇELİK A.Ş.

Notice of Dividend Amount • Nov 10, 2021

Summary Info	Board of Directors Decision about Dividend Distribution
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	10.11.2021
Date of Related General Assembly	06.12.2021
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	Since a portion of the total amount which is anticipated to be distributed, is the retained earnings subject to withholding at the rate of 19.8%, there is no withholding tax at the stage of distribution of these earnings in accordance with the provisional Article 62 of the Income Tax Law.
Information Regarding How To Calculate That Lower Dividend Witholding Rate Than The Current Rate	According to the Board of Directors decision, it has been proposed to distribute a total of TRY 4.350.000.000, of which TRY 321.063.479 will be covered from the withholding earnings pursuant to the Provisional Article 61 of the Income Tax Law. (a) TRY 321.063.479 / 2.900.000.000 = TRY 0,1107115 (without withholding) (b) TRY 4.028.936.521 / 2.900.000.000 = TRY 1,3892885 (15% withholding tax on earnings per share=TRY 1,1808952) (a+b) TRY 0,1107115 + TRY 1,1808952 = TRY 1,2916067

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, ISDMR(FARKLI GRUP), TREISDC00012	Payment In Advance	1,5000000	150	13,89288456	1,2916067	129,16067
B Grubu, ISDMR, TREISDC00020	Payment In Advance	1,5000000	150	13,89288456	1,2916067	129,16067

Dividend Dates

Payment	Proposed Ex-Dividend Date	Final Ex-Dividend Date	Payment Date	Record Date
Payment In Advance	08.12.2021		10.12.2021	09.12.2021

(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, ISDMR(FARKLI GRUP), TREISDC00012	0	0
B Grubu, ISDMR, TREISDC00020	0	0

Additional Explanations

According to the decision of Company's Board of Directors, dated 10 November 2021; it was resolved to propose the distribution of retained earnings as in the attached tables which will be as lump sum and to be determined of the profit distribution date as 08 December 2021. It is decided that these matters to be submitted to the General Assembly's approval at Our Company's Extraordinary General Assembly Meeting to be held on 06 December 2021.

In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

Supplementary Documents

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