Summary Info
Notification Regarding Dividend Payment
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
25.02.2022
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
The current withholding tax rates for Group A and B shares, and for Group C shares, the rate in the Double Taxation Agreement are used.
Information Regarding How To Calculate That Lower Dividend Witholding Rate Than The Current Rate

Group B shareholders, resident in Turkey, are full taxpayer companies. Therefore, the withholding rate was applied as 0 (zero) percent, and for Group C shares, the rate in the Double Taxation Agreement was applied.

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, FROTO, TRAOTOSN91H6
Payment In Advance
13,0000000
1.300
10
11,7000000
1.170
B Grubu, İşlem Görmüyor, TREFRTO00011
Payment In Advance
13,0000000
1.300
0
13,0000000
1.300
C Grubu, İşlem Görmüyor, TREFRTO00029
Payment In Advance
13,0000000
1.300
5
12,3500000
1.235
Dividend Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
24.03.2022
28.03.2022
25.03.2022
(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, FROTO, TRAOTOSN91H6
0
0
B Grubu, İşlem Görmüyor, TREFRTO00011
0
0
C Grubu, İşlem Görmüyor, TREFRTO00029
0
0
Additional Explanations

On February 25, 2022 Ford Otomotiv Sanayi A.Ş. Board of Directors has concluded the following decision:

As per the attached Profit Distribution Proposal which prepared in accordance with the CMB's regulations, Article No.19 of the Articles of Incorporation of the Company and the investment and financing policies as stated in the Dividend Distribution Policy approved by the General Assembly held on March 25, 2014 and considering the cash flow position, it's resolved:

- To present; not to allocate 5% first rank legal reserve required by Article 519 of the Turkish Commercial Code for 2021 since the amount of first rank legal reserve has already reached 20% of share capital in tax books as of 31.12.2021; to cover TL 454.428.450 first rank legal reserve from net income of TL 8.801.005.190 which is in the financial statements prepared within the framework of CMB's regulations and pay % 1.300 gross (% 1.170 net) in proportion and TL 4.561.830.000 total gross dividend in cash, including TL 4.462.225.526 first dividend and TL 99.604.474 second dividend to shareholders assuming each share with a nominal value of 1-TL pays TL 13,00 gross (TL. 11,70 net in accordance with the Dividend Distribution Proposal) and allocate the remaining TL 3.784.746.740 as extraordinary reserves;

- According to the tax regulations, to pay TL 4.561.830.000 total gross dividend in cash after allocating TL 454.428.450 first rank legal reserve from TL 7.237.780.535 current year profit of the year 2021 and allocate TL 2.221.522.085 as extraordinary reserves after payment of dividend

- To determine dividend distribution date as March 24, 2022,

to the General Assembly's approval,

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.

Supplementary Documents
Appendix: 1
Kar dağıtım Tablosu.pdf
Appendix: 2
Dividend Distribution Proposal.pdf
DIVIDEND DISTRIBUTION TABLE
FORD OTOMOTİV SANAYİ A.Ş. 01.01.2021/31.12.2021 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
350.910.000
2. Total Legal Reserves (According to Legal Records)
766.315.853
Information on privileges in dividend distribution, if any, in the Articles of Association:
-
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
8.686.759.085
7.312.902.267
4. Taxes Payable (-)
-114.246.105
75.121.732
5. Net Current Period Profit
8.801.005.190
7.237.780.535
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. Net Distributable Current Period Profit
8.801.005.190
7.237.780.535
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
8.801.005.190
7.237.780.535
9. Donations Made During The Year ( + )
123.445.862
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
8.924.451.052
0
11. First Dividend to Shareholders
* Cash
4.462.225.526
0
* Stock
0
0
12. Dividend Distributed to Owners of Privileged Shares
0
0
13. Other Dividend Distributed
0
0
* To the Employees
0
0
* To the Members of the Board of Directors
0
0
* To Non-Shareholders
0
0
14. Dividend to Owners of Redeemed Shares
0
0
15. Second Dividend to Shareholders
99.604.474
0
16. Secondary Legal Reserves
454.428.450
0
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. Extraordinary Reserves
3.784.746.740
2.221.522.085
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
810.668.516
0
9,21
11,7
1.170
B Grubu
1.793.833.463
0
20,38
13
1.300
C Grubu
1.778.363.404
0
20,21
12,35
1.235
TOTAL
4.382.865.383
0
49,8