Notice of Dividend Amount • May 14, 2025
Notice of Dividend Amount
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| Summary Info | 2024 Profit Distrubution |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Decision Date | 07.03.2025 |
| Date of Related General Assembly | 14.05.2025 |
| Was The Issue of Dividend Payment Negotiated? | Discussed |
| 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 | Since our company has the status of Real Estate Investment Company, the income tax withholding rate is zero. |
| Information Regarding How To Calculate That Lower Dividend Witholding Rate Than The Current Rate | Since our company has the status of Real Estate Investment Company, the income tax withholding rate is zero. |
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, TREEGYO00025 | Payment In Advance | 0,4000000 | 40 | 0 | 0,4000000 | 40 |
| B Grubu, EKGYO, TREEGYO00017 | Payment In Advance | 0,4000000 | 40 | 0 | 0,4000000 | 40 |
Dividend Dates
| Payment | Proposed Ex-Dividend Date |
Final Ex-Dividend Date |
Payment Date | Record Date |
| Payment In Advance | 16.06.2025 | 16.06.2025 | 18.06.2025 | 17.06.2025 |
(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, TREEGYO00025 | 0 | 0 |
| B Grubu, EKGYO, TREEGYO00017 | 0 | 0 |
Additional Explanations
The net profit for the period, as reflected in our consolidated financial statements prepared in accordance with the principles of the Capital Markets Board's (CMB) Communiqué Serial: XI, No: 29, amounts to TL 13,197,381,000.00, while the net profit for the period prepared in accordance with the provisions of the Tax Procedure Law is TL 2,122,684,722.97.
The total amount of the First Legal Reserve, appropriated in accordance with the Turkish Commercial Code, is TL 760,000,000.00. As this amount has reached the upper limit of 20% of the paid-in capital (TL 3,800,000,000.00 * 0.20 = TL 760,000,000.00), it was resolved that no further appropriation to the First Legal Reserve be made in accordance with the provisions of the Tax Procedure Law.
From the net profit for the period of TL 13,197,381,000.00 as reflected in our consolidated financial statements prepared in accordance with the principles of the CMB's Communiqué Serial: XI, No: 29, after deducting prior year losses of TL 8,238,933,000.00 and adding donations and aid made during 2024 totaling TL 72,967,000.00, resulting in a distributable net profit of TL 5,031,415,000.00; it was resolved to distribute TL 1,520,000,000.00, representing 0.3021018938015 of the distributable net profit, as the First Dividend.
Since the total First Dividend to be distributed to shareholders, amounting to TL 1,520,000,000.00, exceeds 5% of the paid-in capital (TL 190,000,000.00), in accordance with the provisions of the Turkish Commercial Code, 10% of the remaining profit after deducting 5% of the paid-in capital from the profit to be distributed to shareholders ((TL 1,520,000,000.00 - TL 190,000,000.00) * 0.10) = TL 133,000,000.00) should be appropriated as the Second Legal Reserve.
It was further resolved that the remaining profit of TL 469,648,722.97, based on our statutory records, should not be distributed and should be appropriated as an Extraordinary Reserve.
The Board of Directors of our Company has resolved to propose to the General Assembly for its approval the following: That the First Dividend amount of TL 1,520,000,000.00, allocated for distribution to our shareholders from the net profit for the period, be distributed in cash/through accounts at a gross (=net) amount of TL 0.40 per share against the 2024 profit share coupons of our shareholders' shares, and that the profit distribution be made on June 16, 2025.This was approved by the Ordinary General Assembly at 14th May 2025
Supplementary Documents
| Appendix: 1 | Kar Dağıtımı_TR.pdf |
| Appendix: 2 | Profit Distribution_EN.pdf |
DIVIDEND DISTRIBUTION TABLE
EMLAK KONUT GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş. 01.01.2024/31.12.2024 Period Dividend Payment Table (TL)
| 1.Paid-In / Issued Capital | 3.800.000.000 |
| 2. Total Legal Reserves (According to Legal Records) | 760.000.000 |
| * | Based on CMB Regulations | Based on Legal Records |
| 3. Current Period Profit | 6.527.934.000 | 2.122.648.722,97 |
| 4. Taxes Payable (-) | 6.669.447.000 | 0 |
| 5. Net Current Period Profit | 13.197.381.000 | 2.122.648.722,97 |
| 6. Losses in Previous Years (-) | 8.238.933.000 | 0 |
| 7. Primary Legal Reserve (-) | 0 | 0 |
| 8. Net Distributable Current Period Profit | 4.958.448.000 | 2.122.648.722,97 |
| Dividend Advance Distributed (-) | 0 | 0 |
| Dividend Advance Less Net Distributable Current Period Profit | 4.958.448.000 | 2.122.648.722,97 |
| 9. Donations Made During The Year ( + ) | 72.967.000 | 70.739.926,3 |
| 10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated | 5.031.415.000 | 2.193.388.649,27 |
| 11. First Dividend to Shareholders | 1.520.000.000 | 1.520.000.000 |
| * Cash | 1.520.000.000 | 1.520.000.000 |
| * Stock | ||
| 12. Dividend Distributed to Owners of Privileged Shares | 0 | 0 |
| 13. Other Dividend Distributed | 0 | 0 |
| * To the Employees | ||
| * To the Members of the Board of Directors | ||
| * To Non-Shareholders | ||
| 14. Dividend to Owners of Redeemed Shares | 0 | 0 |
| 15. Second Dividend to Shareholders | 0 | 0 |
| 16. Secondary Legal Reserves | 133.000.000 | 0 |
| 17. Statutory Reserves | 0 | 0 |
| 18. Special Reserves | 0 | 0 |
| 19. Extraordinary Reserves | 3.305.448.000 | 469.648.722,97 |
| 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 | 101.347.967,6 | 2 | 0,4 | 40 | |
| B Grubu | 1.418.652.032,4 | 28 | 0,4 | 40 | |
| TOTAL | 1.520.000.000 | 30 | 0,4 | 40 |
Dividend Rate Table Explanations
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