AYDEM YENİLENEBİLİR ENERJİ A.Ş.

Notice of Dividend Amount • Jul 5, 2024

Summary Info	Dividend Distribution Proposal to the Extraordinary General Assembly
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	05.07.2024
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 (%)
A Grubu, İşlem Görmüyor, TREAYDM00016	Payment In Advance	0,5457560	54,5756	10	0,4911804	49,11804
B Grubu, AYDEM, TREAYDM00024	Payment In Advance	0,5457560	54,5756	10	0,4911804	49,11804

Dividend Dates

Payment	Proposed Ex-Dividend Date	Final Ex-Dividend Date	Payment Date	Record Date
Payment In Advance	29.07.2024		31.07.2024	30.07.2024

(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 (%)
A Grubu, İşlem Görmüyor, TREAYDM00016	0	0
B Grubu, AYDEM, TREAYDM00024	0	0

Additional Explanations

In Item 6 of the Agenda of the Ordinary General Assembly Meeting of the Company dated June 12, 2024, Although it was stated that "Within the scope of the Company's Articles of Association, Capital Markets Law No. 6362 ("CMB Law"), Turkish Commercial Code No. 6102 ("TCC"), Communiqué on Dividends No. II-19.1 ("Dividend Communiqué"), Corporate Governance Communiqué No. II-17. 1, and related legislation and the Company's Dividend Distribution Policy, according to Article 7 of the General Principles Regarding Dividend Distribution section of the Capital Markets Board ("CMB") Dividend Guidelines, the entire amount of dividend to be distributed can only be distributed to the extent that it can be covered from the net distributable profit for the year 2023 available in the legal records (records kept in accordance with the Tax Procedure Law). In line with the Board of Directors decision dated 16.05.2024 and numbered 2024/18 taken in this context, since there is no distributable net profit for the relevant year, the issue of not distributing dividends cannot be subject to voting, and only the shareholders have been informed within the scope of this article.";

Following the Ordinary General Assembly, dated June 12, 2024, according to the Profit Distribution Table prepared according to the financial statements taken as basis in accordance with Article 4/2.a of the Communiqué on Financial Statements to be taken as basis in Companies Applying Inflation Adjustment published in the Official Gazette dated June 15, 2024 and numbered 32577, since the gross distributable profit remaining after deducting the legal reserves was determined as TL 384,758,014, to distribute this amount in cash will be proposed.

The proposal included in the Board of Directors Resolution No. 2024/25 dated 05.07.2024 regarding the commencement of dividend payments as of the date of the extraordinary general assembly will be submitted to the approval of the General Assembly.

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.

DIVIDEND DISTRIBUTION TABLE

AYDEM YENİLENEBİLİR ENERJİ A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	705.000.000
2. Total Legal Reserves (According to Legal Records)	1.523.866
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	1.856.838.737	-3.067.740.163
4. Taxes Payable (-)	3.136.939.276	0
5. Net Current Period Profit	-1.280.100.539	-3.067.740.163
6. Losses in Previous Years (-)	0	3.608.296.645
7. Primary Legal Reserve (-)	0	0
8. Net Distributable Current Period Profit	0	0
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
11. First Dividend to Shareholders
* Cash
* Stock
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	38.834.224	38.834.224
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves
20. Other Distributable Resources	384.758.014	384.758.014

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	206.295.786,23			0,49118	49,118
B Grubu	139.986.426,37			0,49118	49,118
TOTAL	346.282.213,6			0,49118	49,118

Dividend Rate Table Explanations

According to the CMB regulations and Turkish statutory accounts of the Company, there is no distributable net profit for the current period. The gross amount to be distributed is TL 384,758,014 after the legal reserves are set aside, and this amount will be fully covered from the other distributable sources.

The net calculation (346,282,213.60-TL) is based on the assumption that there will be a 10% withholding tax on the gross amount to be distributed after the general legal reserves are set aside. Withholding tax will be calculated at a rate varying according to the legal status of the shareholders and the relevant double taxation treaties signed with other jurisdictions.

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.