TÜRK HAVA YOLLARI A.O.

AGM Information • Jul 25, 2023

Summary Info	The Resolution of General Assembly Regarding Profit Distribution for 2022 Fiscal Year
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	01.03.2023
Date of Related General Assembly	25.07.2023
Was The Issue of Dividend Payment Negotiated?	Discussed
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 (%)
A Grubu, THYAO, TRATHYAO91M5		0,0000000	0	0	0,0000000	0
C Grubu, İşlem Görmüyor, TRETHYA00012		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 (%)
A Grubu, THYAO, TRATHYAO91M5	0	0
C Grubu, İşlem Görmüyor, TRETHYA00012	0	0

Additional Explanations

According to the consolidated financial statements belonging to the accounting period of 01.01.2022-31.12.2022 prepared in accordance with the International Financial Reporting Standards within the framework of the provisions of the Communiqué of the CMB Serial: II, and Number: 14.1 and audited by PwC Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş., net profit for the period is 47,432,000,000 TRY. On the other hand, according to the legal books (under the provisions of Turkish Tax Procedure Law, due to the differences between Turkish Accounting standards and IFRS standards) the net profit of the period is 21,651,606,080 TRY and previous years' loss account has a balance of 63,236,726,739 TRY.

Consequently, the profit amount according to the legal books will be transferred to previous years' loss account. As there will not be any distributable profit (according to the legal books), Board of Director's proposal of transferring the net profit of 47,432,000,000 TRY (according to IFRS) to the previous years' profit account was approved at the 2022 Ordinary General Assembly Meeting.

Supplementary Documents

Appendix: 1	KAR PAYI DAĞITIM TABLOSU_2022.pdf
Appendix: 2	PROFIT DISTRIBUTION TABLE_2022.pdf

DIVIDEND DISTRIBUTION TABLE

TÜRK HAVA YOLLARI A.O. 01.01.2022/31.12.2022 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	1.380.000.000
2. Total Legal Reserves (According to Legal Records)	75.738.987,22
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	51.403.000.000	21.651.606.080
4. Taxes Payable (-)	-3.971.000.000
5. Net Current Period Profit	47.432.000.000	21.651.606.080
6. Losses in Previous Years (-)	19.311.000.000	-63.236.726.739
7. Primary Legal Reserve (-)
8. Net Distributable Current Period Profit
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
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves
20. Other Distributable Resources