TÜRK HAVA YOLLARI A.O.

Notice of Dividend Amount • Mar 2, 2022

Summary Info	FY2021 Profit Distribution
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	01.03.2022
Type of Cash Dividend Payment	Cash Dividend Will Not Be Paid
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 01.01.2021-31.12.2021 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 TL 8.214.000.000. 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 loss of the period is TL 29.227.518.258 and previous years' loss account has a balance of TL 33.716.129.739. The following resolution will be submitted to the approval of the General Assembly:

The loss 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), the net profit of TL 8.214.000.000 (according to IFRS) will be transferred to the previous years' profit account. Attached you may find the 2021 Profit Distribution Table.

Supplementary Documents

Appendix: 1	KAR PAYI DAĞITIM TABLOSU_2021.pdf
Appendix: 2	PROFIT DISTRIBUTION TABLE_2021.pdf

DIVIDEND DISTRIBUTION TABLE

TÜRK HAVA YOLLARI A.O. 01.01.2021/31.12.2021 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

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	9.191.000.000	-29.227.518.258,2
4. Taxes Payable (-)	-977.000.000
5. Net Current Period Profit	8.214.000.000	-29.227.518.258,2
6. Losses in Previous Years (-)	10.918.000.000	-33.716.129.739,2
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