Summary Info	Notification Regarding Dividend Distribution Procedures
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Decision Date	12.11.2024
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 (%)
CANTE, TRECAN200011		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 (%)
CANTE, TRECAN200011	0	0

Additional Explanations

As a result of the evaluation of the distributable profit figures within the framework of the consolidated financial statements for the accounting period 01.01.2023-31.12.2023 prepared by our company in accordance with the Turkish Accounting/Financial Reporting Standards within the framework of the provisions of the Turkish Commercial Code and the Capital Markets Law and audited by AS Bağımsız Denetim ve YMM Anonim Şirketi (Nexia International) and the tables formed in accordance with the principles of the Tax Procedure Law from the activities of our company in 2023, since there is no distributable profit for the accounting period of 2023, the issue of not distributing dividends will be submitted for approval at the General Assembly.

Supplementary Documents

Appendix: 1	Kar Payı Dağıtım Tablosu 2023.pdf
Appendix: 2	Dividend Distribution Table for 2023.pdf

DIVIDEND DISTRIBUTION TABLE

ÇAN2 TERMİK A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital	938.116.903
2. Total Legal Reserves (According to Legal Records)	0
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	-104.558.596	-136.619.860
4. Taxes Payable (-)	551.319.546
5. Net Current Period Profit	446.760.950	-136.619.860
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)
8. Net Distributable Current Period Profit	446.760.950	-136.619.860
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )	4.619.995	4.619.995
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	451.380.945	-131.999.865
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

Dividend Rate Table Explanations

Dividend Distribution Table Based on the CMB Board Decision dated 07 March 2024 and numbered 14/382, the amounts not adjusted for inflation accounting in the legal records are taken as basis. Relevant article of the Board decision ‘ 2) When determining the 2023 dividend, the amount of profit for the period and accumulated losses not adjusted for inflation in the legal records for the legal records for the year 2023 presented for comparison in the dividend distribution table shall be taken as basis, but in any case, it is the responsibility of the relevant issuer and the board of directors to check that the amount of dividend to be distributed is included in the profit distribution items included in the legal records as a result of inflation adjustment and that can be subject to distribution.'