Announcement Regarding the Dividend Proposal

At our Company's Ordinary General Assembly held on March 30, 2023, the following were approved by our Company's shareholders as part of the Agenda Item-6 "Reading, discussing and approving the Board of Director's proposal for dividend distribution for the fiscal period January 1, 2022 and December 31, 2022":

a) A total of TRY 190,000,000.00 ("gross"), and TRY 171,000,000.00 ("net"), corresponding to 7.260% gross and 6.534% net of the "Paid-in Capital", "cash" profit distribution shall be made,

b) Within the framework of the Capital Markets Board ("CMB") and Public Oversight, Accounting and Auditing Standards Authority ("POA") regulations, according to the financial statements prepared in accordance with TAS and TFRS, the undistributed profits amounting to TRY 4,790,056,160.78, shall be classified under "Retained Earnings or Losses" account.

c) According to the Legal Accounting Records, a total of TRY 352,638,553.56 shall be classified under "Extraordinary Reserves" account.

Considering the 'Turkish Commercial Code' No. 6102 ("TCC"), 'Capital Market Law' No. 6362 and Capital Markets Board ("CMB") Regulations, 'Corporate Tax Law No. 5520', 'Income Tax Law No. 193', 'Income Tax Law No. 213' Tax Procedure Law', other relevant legislation provisions and the relevant provisions of the Company's Articles of Association and the provisions of the "Dividend Distribution Policy" which was publicly announced, the following were resolved to be submitted to the approval of the Extraordinary General Assembly:

1) In addition to the total dividend distribution of TRY 190,000,000.00 ("gross"), and TRY 171,000,000.00 ("net"), corresponding to 7.260% gross and 6.534% net of the "Paid-in Capital", which was approved at our Company's Ordinary General Assembly held on March 30, 2023, another dividend distribution of TRY 485,000,000.00 ("gross"), and TRY 436,500,000.00 ("net"), corresponding to 18.533% gross and 16.680% net of the "Paid-in Capital" shall be made,

2) "Extraordinary reserves" account shall be used in the additional dividend payment,

3) Dividend distribution shall start on August 31, 2023, at the latest.