SASA POLYESTER SANAYİ A.Ş.

Notice of Dividend Amount • Mar 13, 2020

Summary Info	Profit Distribution Proposal for the year 2019
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	13.03.2020
Date of Related General Assembly	07.04.2020
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 (%)
SASA, TRASASAW91E4		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 (%)
SASA, TRASASAW91E4	0	0

Supplementary Documents

Appendix: 1	Kar Dağıtım Tablosu.pdf
Appendix: 2	PROFIT DISTRIBUTION TABLE.pdf

DIVIDEND DISTRIBUTION TABLE

SASA POLYESTER SANAYİ A.Ş. 01.01.2019/31.12.2019 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	830.000.000
2. Total Legal Reserves (According to Legal Records)	75.549.377,16
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	12.602.000	-80.181.009,84
4. Taxes Payable (-)	1.051.578.000
5. Net Current Period Profit	1.064.180.000	-80.181.009,84
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	0	0
8. Net Distributable Current Period Profit	1.064.180.000	-80.181.009,84
Dividend Advance Distributed (-)	0	0
Dividend Advance Less Net Distributable Current Period Profit	0	0
9. Donations Made During The Year ( + )	0	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	1.064.180.000	-80.181.009,84
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	1.064.180.000	0
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 (%)
- - -	0	0	0	0	0
TOTAL	0	0	0	0	0

Dividend Rate Table Explanations

According to the financial statements of the company for the 01.01.2019-31.12.2019 accounting period, which is prepared in compliance with the Capital Markets Board (CMB) Communiqué no.II-14.1 on "Principles of Financial Reporting in the Capital Markets" and audited by Drt Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş., a consolidated net period profit of TL 1.064.180.000 TL has been generated.

At the meeting of our Board of Directors on 13 March 2020; upon review of the aforementioned financial statements and the records in accordance with Tax Procedural Law, it has been noted that there is a net period profit of TL 1.064.180.000 per the financial statements prepared in accordance with TFRS and a net period loss of TL 80.181.009,84 as per the records in accordance with the Tax Procedural Law; so it has been unanimously decided;

-Not to distribute dividends for the year 2019 due to a loss of TL 80.181.009,84 in the current year result of the financial statements prepared in accordance with the Tax Procedural Law records, and to transfer the current year loss of TL 80.181.009,84 of the financial statements prepared in accordance with the Tax Procedural Law, to the previous years' losses,

-To transfer the net period profit of TL 1.064.180.000 of the financial statements prepared in line with TFRS, to the previous years' profits in the related financial statements,

-To submit these issues to the approval of the shareholders at the Ordinary General Assembly to be held on 7 April 2020.

In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the original Turkish version shall prevail. SASA disclaims all warranties and makes no representations about the accuracy or completeness of the English translation and assumes no liability for any errors, omissions or inaccuracies that may arise from use of this translation.