TEKFEN HOLDİNG A.Ş.

AGM Information • Mar 25, 2021

Summary Info	General Assembly Resolution for Profit Distribution
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	25.02.2021
Date of Related General Assembly	25.03.2021
Was The Issue of Dividend Payment Negotiated?	Discussed
Type of Cash Dividend Payment	Cash Dividend Will Not Be Paid
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 (%)
TKFEN, TRETKHO00012		0,0000000	0	0	0,0000000	0

Amount and Rate of Cash Dividend Stock Dividend Payment

Share Group Info	Amount of Stock Dividend (TL)	Rate of Stock Dividend (%)
TKFEN, TRETKHO00012	0	0

Additional Explanations

In our Ordinary General Assembly Meeting held today, it was resolved to not to make profit distribution according to the consolidated financial results of 2020 .

Supplementary Documents

Appendix: 1	TKFEN_kar dagitim tablosu.pdf
Appendix: 2	TKFEN_Profit distribution table.pdf

DIVIDEND DISTRIBUTION TABLE

TEKFEN HOLDİNG A.Ş. 01.01.2020/31.12.2020 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	370.000.000
2. Total Legal Reserves (According to Legal Records)	74.000.000
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	238.097.000	893.426.901,23
4. Taxes Payable (-)	-298.222.000	-48.058.599,36
5. Net Current Period Profit	-60.125.000	845.368.301,87
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)
8. Net Distributable Current Period Profit	-60.125.000	840.381.583,08
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )	15.535.654
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	-44.589.346
11. First Dividend to Shareholders	0
* Cash	0
* Stock	0
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
16. Secondary Legal Reserves
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves		840.381.583,08
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 (%)
- - -
TOTAL	0	0	0	0	0

Dividend Rate Table Explanations

According to the financial statements of our company for the 2020 fiscal year, the Consolidated Net Loss for the Parent Company for this period totaled to an amount of TRY60,125,000 thousand and our Board of Directors decided at their meeting on 25 February 2021 to not to make profit distribution.