TEKFEN HOLDİNG A.Ş.

Notice of Dividend Amount • Feb 20, 2020

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

Decision Date	20.02.2020
Date of Related General Assembly	26.03.2020
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	Our Board of Directors decided at their meeting on 20 February 2020 to present to our shareholders for approval at the Ordinary General Assembly to be held on 26 March 2020 of the distribution of profits on 27 April 2020 according the attached profit distribution table in accordance with Article 27 of our Articles of Association.

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	Payment In Advance	1,1526800	115,268	15	0,9797780	97,9778

Dividend Dates

Payment	Proposed Ex-Dividend Date	Final Ex-Dividend Date	Payment Date	Record Date
Payment In Advance	27.04.2020		29.04.2020	28.04.2020

(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 (%)
TKFEN, TRETKHO00012	0	0

Additional Explanations

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Supplementary Documents

Appendix: 1	TKFEN2019Kar_dağıtım_Tablosu.pdf
Appendix: 2	TKFEN2019Dividend_Distribution_Table.pdf

DIVIDEND DISTRIBUTION TABLE

TEKFEN HOLDİNG A.Ş. 01.01.2019/31.12.2019 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	1.782.320.000	1.131.512.066,99
4. Taxes Payable (-)	-361.570.000	-29.409.318,21
5. Net Current Period Profit	1.420.750.000	1.102.102.748,78
6. Losses in Previous Years (-)	0
7. Primary Legal Reserve (-)	0
8. Net Distributable Current Period Profit	1.420.750.000	1.102.102.748,78
Dividend Advance Distributed (-)	0
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )	887.292
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	1.421.637.292
11. First Dividend to Shareholders
* Stock	426.491.600
* Cash	0
12. Dividend Distributed to Owners of Privileged Shares	0
13. Other Dividend Distributed	0
* To the Employees
* To the Members of the Board of Directors
* To Non-Shareholders
14. Dividend to Owners of Redeemed Shares	29.827.752
15. Second Dividend to Shareholders
16. Secondary Legal Reserves
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves	964.430.648	645.783.396,78
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 (%)
- - -	362.517.860	0	30	0,979778	97,9778
TOTAL	362.517.860	0	30	0,979778	97,9778

Dividend Rate Table Explanations

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