ÜLKER BİSKÜVİ SANAYİ A.Ş.

Notice of Dividend Amount • Mar 5, 2020

Summary Info	Notification Regarding Dividend Payment
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	05.03.2020
Date of Related General Assembly	30.03.2020
Type of Cash Dividend Payment	Payment In Advance
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 (%)
ULKER, TREULKR00015	Payment In Advance	0,3947368	39,47368	15	0,3355262	33,55262

Cash Dividend Payment Time Interval

First Ex-Date Possible (Proposed)	Last Ex-Date Possible (Proposed)	First Ex-Date Possible (Approved by General Assembly)	Last Ex-Date Possible (Approved by General Assembly)
	30.06.2020

Amount and Rate of Cash Dividend Stock Dividend Payment

Share Group Info	Amount of Stock Dividend (TL)	Rate of Stock Dividend (%)
ULKER, TREULKR00015	0	0

Additional Explanations

As a result of the evaluation of Profit Distribution Policy of our Company which has been approved by the shareholders at the General Assembly Meeting dated March 28, 2013 and the Capital Markets Law and the Article 33 of the Articles of Association along with considering the long-term strategies, investment, cash and financing policies of our Company and the long-term interests of our Company and the shareholders; it has been decided to submit for the approval of our shareholders about the following matters for the 2019 fiscal year, at the Ordinary General Assembly Meeting which is expected to take place on March 30, 2020, dividend distribution in cash by gross TRY 135,000,000 out of the distributable net profit for 2019 in accordance with the Profit Distribution Proposal Table attached, to allocate the remaining balance as extraordinary reserves/ previous year profits, and to give authorization to the Board of Directors for determining the date of the dividend distribution.

Supplementary Documents

Appendix: 1	KAR DAGITIM TR.pdf
Appendix: 2	KAR DAGITIM ENG pdf.pdf

DIVIDEND DISTRIBUTION TABLE

ÜLKER BİSKÜVİ SANAYİ A.Ş. 01.01.2019/31.12.2019 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	342.000.000
2. Total Legal Reserves (According to Legal Records)	147.920.091
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	1.121.437.465	1.476.468.833
4. Taxes Payable (-)	-216.135.828	-95.020.940
5. Net Current Period Profit	905.301.637	1.381.447.893
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	0	0
8. Net Distributable Current Period Profit	905.301.637	1.381.447.893
Dividend Advance Distributed (-)	0	0
Dividend Advance Less Net Distributable Current Period Profit	905.301.637	0
9. Donations Made During The Year ( + )	9.876.795	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	915.178.432	0
11. First Dividend to Shareholders
* Cash	135.000.000	0
* Stock	0	0
12. Dividend Distributed to Owners of Privileged Shares	0	0
13. Other Dividend Distributed
* 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	11.790.000	0
17. Statutory Reserves	0	0
18. Special Reserves	53.890.937	0
19. Extraordinary Reserves	704.620.700	1.180.766.956
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 (%)
- - -	114.750.000	0	12,68	0,3355262	33,55262
TOTAL	114.750.000	0	12,68	0,3355262	33,55262

Dividend Rate Table Explanations

As a result of the evaluation of Profit Distribution Policy of our Company which has been approved by the shareholders at the General Assembly Meeting dated March 28, 2013 and the Capital Markets Law and the Article 33 of the Articles of Association along with considering the long-term strategies, investment, cash and financing policies of our Company and the long-term interests of our Company and the shareholders; it has been decided to submit for the approval of our shareholders about the following matters for the 2019 fiscal year, at the Ordinary General Assembly Meeting which is expected to take place on March 30, 2020, dividend distribution in cash by gross TRY 135,000,000 out of the distributable net profit for 2019 in accordance with the Profit Distribution Proposal Table attached, to allocate the remaining balance as extraordinary reserves/ previous year profits, and to give authorization to the Board of Directors for determining the date of the dividend distribution.