TURCAS PETROL A.Ş.

Notice of Dividend Amount • Apr 27, 2020

Summary Info	2019 Dividend Distribution
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	27.04.2020
Type of Cash Dividend Payment	Cash Dividend Will Not Be Paid
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 (%)
A Grubu, TRCAS, TRATRCAS92E6		0,0000000	0	0	0,0000000	0
B Grubu, İşlem Görmüyor, TRETRCS00019		0,0000000	0	0	0,0000000	0
C Grubu, İşlem Görmüyor, TRETRCS00027		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 (%)
A Grubu, TRCAS, TRATRCAS92E6	0	0
B Grubu, İşlem Görmüyor, TRETRCS00019	0	0
C Grubu, İşlem Görmüyor, TRETRCS00027	0	0

Additional Explanations

Pursuant to Resolution of Board of Directors no. 2020/07 of 27.04.2020; it has been resolved to submit the decisions about i) not distributing any dividends due to saving precautions taken against economic impacts of COVID-19 virus outbreak and ii) allocating 29,745,973.16 TL Net Distributable Profit according to 2019 Dividend Distribution Table as Extraordinary Reserves; to the approval of shareholders during 2019 Annual General Meeting.

Kind regards,

Note: In case of discrepancy between English and Turkish versions of this disclosure, Turkish version shall prevail.

Supplementary Documents

Appendix: 1	2019 Kar Dağıtım Tablosu.pdf
Appendix: 2	Dividend Distribution Table_2019.pdf

DIVIDEND DISTRIBUTION TABLE

TURCAS PETROL A.Ş. 01.01.2019/31.12.2019 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	255.600.000
2. Total Legal Reserves (According to Legal Records)	39.311.954,06
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	-32.768.456	148.029.536,67
4. Taxes Payable (-)	-4.089.119	0
5. Net Current Period Profit	-28.679.337	148.029.536,67
6. Losses in Previous Years (-)	0	116.717.985,98
7. Primary Legal Reserve (-)	1.565.577,53	1.565.577,53
8. Net Distributable Current Period Profit	-30.244.914,53	29.745.973,16
Dividend Advance Distributed (-)	0	0
Dividend Advance Less Net Distributable Current Period Profit	-30.244.914,53	29.745.973,16
9. Donations Made During The Year ( + )	0	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	-30.244.914,53	29.745.973,16
11. First Dividend to Shareholders	0	0
* Cash	0	0
* 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	0	0
15. Second Dividend to Shareholders	0	0
16. Secondary Legal Reserves	0	0
17. Statutory Reserves	0	0
18. Special Reserves	0	0
19. Extraordinary Reserves	0	29.745.973,16
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 (%)
A Grubu	0	0	0	0	0
B Grubu	0	0	0	0	0
C Grubu	0	0	0	0	0
TOTAL	0	0	0	0	0