TÜRK TELEKOMÜNİKASYON A.Ş.

AGM Information • Jul 25, 2020

Summary Info	Ordinary General Assembly Decision for Profit Distribution
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	02.07.2020
Date of Related General Assembly	25.07.2020
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	-

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, TRETTLK00021	Payment In Advance	0,1719000	17,19	0	0,1719000	17,19
B Grubu, İşlem Görmüyor, TRETTLK00039	Payment In Advance	0,1719000	17,19	15	0,1461150	14,6115
C Grubu, İşlem Görmüyor, TRETTLK00047	Payment In Advance	0,0000000	0	0	0,0000000	0
D Grubu, TTKOM, TRETTLK00013	Payment In Advance	0,1719000	17,19	15	0,1461150	14,6115

Dividend Dates

Payment	Proposed Ex-Dividend Date	Final Ex-Dividend Date	Payment Date	Record Date
Payment In Advance	28.07.2020	28.07.2020	04.08.2020	29.07.2020

(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 (%)
A Grubu, İşlem Görmüyor, TRETTLK00021	0	0
B Grubu, İşlem Görmüyor, TRETTLK00039	0	0
C Grubu, İşlem Görmüyor, TRETTLK00047	0	0
D Grubu, TTKOM, TRETTLK00013	0	0

Additional Explanations

The matters regarding dividend distribution announced on the Public Disclosure Platform dated 03 July 2020 were discussed and approved at the General Assembly Meeting of our Company held on 25 July 2020. The distribution of the cash dividends to our shareholders shall begin on 28.07.2020.

Supplementary Documents

Appendix: 1	Türk Telekomünikasyon A.Ş. 2019 Yılı Kar Dağıtım Tablosu.pdf
Appendix: 2	Türk Telekomünikasyon A.Ş. 2019 Dividend Distribution Table.pdf
Appendix: 3	Pay Başına Temettü Bilgileri 2019.pdf
Appendix: 4	Dividend Per Share Information_2019.pdf

DIVIDEND DISTRIBUTION TABLE

TÜRK TELEKOMÜNİKASYON A.Ş. 01.01.2019/31.12.2019 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	3.500.000.000
2. Total Legal Reserves (According to Legal Records)	2.664.146.806,88

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	2.734.758.000	938.813.353,36
4. Taxes Payable (-)	327.975.000	0
5. Net Current Period Profit	2.406.783.000	938.813.353,36
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	0	0
8. Net Distributable Current Period Profit	2.406.783.000	938.813.353,36
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )	36.467.085,41
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	2.443.250.085,41
11. First Dividend to Shareholders
* Cash	488.650.017,08
* Stock	0
12. Dividend Distributed to Owners of Privileged Shares	0
13. Other Dividend Distributed	0
* To the Employees	0
* To the Members of the Board of Directors	0
* To Non-Shareholders	0
14. Dividend to Owners of Redeemed Shares	0
15. Second Dividend to Shareholders	112.999.982,92
16. Secondary Legal Reserves	42.665.000
17. Statutory Reserves	0
18. Special Reserves	0
19. Extraordinary Reserves	1.762.468.000	294.498.353,36
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	330.907.500	0	13,75	0,1719	17.190
B Grubu	153.420.750	0	6,37	0,14612	14.612
C Grubu	0	0	0	0	0
D Grubu	76.710.375	0	3,19	0,14612	14.612
TOTAL	561.038.625	0	23,31

Dividend Rate Table Explanations

Note: The ratio of gross dividend to net distributable income is 25%.

*Group A shares of our Company are owned by LYY Telekomünikasyon A.Ş. LYY Telekomünikasyon A.Ş. is a fully tax payer corporation, accordingly there will be no withholding tax in the dividend payment.

** Group B shares of our Company are owned by the Republic of Turkey Ministry of Treasury and Finance and Turkish Wealth Fund. The Republic of Turkey Ministry of Treasury and Finance is subject to withholding tax. Turkish Wealth Fund is not subject to withholding tax.

*** There is 1 Group C share, which is owned by the Republic of Turkey Ministry of Treasury and Finance and does not have the right to get dividend payment according to our Articles of Association.

**** As the 15% of the total capital are traded in the Borsa Istanbul, our Company is not able to idenfify shareholders as "limited or fully tax payer, real person or legal person". Gross and net dividend calculation for this group is made on the assumption that all of the Group D shares are subject to withholding tax.