TÜRK TELEKOMÜNİKASYON A.Ş.

Notice of Dividend Amount • Apr 30, 2024

Summary Info	Board of Directors' Resolution for Profit Distribution
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	30.04.2024
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, İşlem Görmüyor, TRETTLK00021		0,0000000	0	0	0,0000000	0
B Grubu, İşlem Görmüyor, TRETTLK00039		0,0000000	0	0	0,0000000	0
C Grubu, İşlem Görmüyor, TRETTLK00047		0,0000000	0	0	0,0000000	0
D Grubu, TTKOM, TRETTLK00013		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, 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

Türk Telekom, the leading integrated telecommunications company, continues its operations by prioritising its strategic goals and the investments required to sustain its technological leadership while maintaining a healthy liquidity and investment balance as well as a strong balance sheet. Our Board of Directors resolved to propose at the 2023 Ordinary General Assembly that Türk Telekom pays no dividend out of 2023 earnings. The decision considers our Company's debt maturity profile, liquidity and investment requirements along with need for caution in a year of macroeconomic re-balancing.

Subject to approval in the Company's Ordinary General Assembly Meeting for the operating year 2023, it has been concluded that:

1- The Company's net profit calculated according to the independently audited consolidated financial tables prepared in accordance with the provisions of "Capital Markets Board (CMB) Communique About Financial Reporting in Capital Markets No.II-14.1" is TL 16,421,552,000 for the fiscal year of 2023.

2- Pursuant to the CMB Communique on Dividends No: II-19.1, the profit after tax amount of TL 16,421,552,000 shall be the base amount for dividend distribution,

3- The Company is not required to take any reserves for 2023 as per the Article 519 of Turkish Commercial Code because it has already reached the general legal reserve limit,

4- Accordingly, the Company is allowed to make a proposal, subject to the provisions of its Articles of Association, that the net profit amounting to TL 16,421,552,000, which is based on the independently audited consolidated financial statements, shall be recorded as extraordinary reserves.

Supplementary Documents

Appendix: 1	TÜRK TELEKOMÜNİKASYON A.Ş. 2023 Yılı Kar Dağıtım Tablosu.pdf
Appendix: 2	TÜRK TELEKOMÜNİKASYON A.Ş. 2023 Dividend Distribution Table.pdf

DIVIDEND DISTRIBUTION TABLE

TÜRK TELEKOMÜNİKASYON A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	3.500.000.000
2. Total Legal Reserves (According to Legal Records)	700.068.480

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	3.430.234.000
4. Taxes Payable (-)	-12.991.318.000
5. Net Current Period Profit	16.421.552.000
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)
8. Net Distributable Current Period Profit	16.421.552.000
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )	767.641.659
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	17.189.193.659
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	16.421.552.000
20. Other Distributable Resources

Dividend Rate Table Explanations

-