Summary Info
Dividend Distribution Proposal
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
28.02.2025
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 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 which is 5% 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
17,1000000
1.710
15
14,5350000
1.453,5
B Grubu, İşlem Görmüyor, TREFRTO00011
Payment In Advance
17,1000000
1.710
0
17,1000000
1.710
C Grubu, İşlem Görmüyor, TREFRTO00029
Payment In Advance
17,1000000
1.710
5
16,2450000
1.624,5
Dividend Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
03.04.2025
07.04.2025
04.04.2025
(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

As per the attached Profit Distribution Proposal, which has been prepared in accordance with the Capital Markets Board (CMB) regulations, Article 19 of the Articles of Association of the Company, and the investment and financing policies stated in the Dividend Distribution Policy approved by the shareholders at the General Assembly held on April 3, 2024, while also considering the cash flow position, it is resolved to propose the following to the General Assembly:

a. Not allocating the statutory legal reserve of 5% required by Article 519 of the Turkish Commercial Code for the year 2024, as the statutory legal reserves recorded in accordance with the Tax Procedure Law as of December 31, 2024, have reached the 20% threshold of the capital.

b. Distributing a gross cash dividend of TL 6,000,561,000 to shareholders from the net profit of TL 38,863,566,166 recorded in the financial statements prepared in accordance with TFRS, and allocating TL 598,301,550 to the statutory legal reserves. Accordingly, for each share with a nominal value of TL 1.00, a gross dividend of TL 17.10 (net TL 14.5350, as stated in the Profit Distribution Proposal table) shall be paid, corresponding to a gross dividend yield of 1,710% (net 1,453.50%). The remaining TL 32,264,703,616 shall be allocated as extraordinary reserves.

c. From the net profit of TL 18,592,413,512 recorded in the financial statements prepared in accordance with the Tax Procedure Law, allocating TL 598,301,550 to the statutory legal reserves, distributing TL 6,000,561,000 as gross cash dividends, and allocating the remaining TL 11,993,550,962 as extraordinary reserves.

d. Determining the dividend distribution date as April 3, 2025.

to the General Assembly's approval,


Additionally, shareholders shall be informed that if the Company's application for a bonus share capital increase is approved by the CMB and the capital increase processes are completed before the actual distribution of dividends, the total amount of dividends to be distributed (TL 6,000,561,000) shall remain unchanged, but the profit distribution table and proposal shall be updated based on the newly increased capital amount.


Supplementary Documents
Appendix: 1
Kar Dağıtım Tablosu.pdf
Appendix: 2
Dividend Proposal.pdf
DIVIDEND DISTRIBUTION TABLE
FORD OTOMOTİV SANAYİ A.Ş. 01.01.2024/31.12.2024 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
350.910.000
2. Total Legal Reserves (According to Legal Records)
2.193.195.752
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
37.007.235.448
18.782.143.621
4. Taxes Payable (-)
1.856.330.718
-189.730.109
5. Net Current Period Profit
38.863.566.166
18.592.413.512
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)
8. Net Distributable Current Period Profit
38.863.566.166
18.592.413.512
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )
473.673.942
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
39.337.240.108
11. First Dividend to Shareholders
6.000.561.000
17.545.500
* Cash
6.000.561.000
17.545.500
* 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
5.983.015.500
16. Secondary Legal Reserves
598.301.550
598.301.550
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves
32.264.703.616
11.993.550.962
20. Other Distributable Resources
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
1.010.195.976
2,6
14,535
1.453,5
B Grubu
2.359.580.940
6,07
17,1
1.710
C Grubu
2.339.231.862
6,02
16,245
1.624,5
TOTAL
5.709.008.778
14,69
Dividend Rate Table Explanations

1-There is no privileged share group in the profit.

2-The calculations have been based on the assumption that other A Group shareholders are subject to withholding tax.

3-The %0 withholding tax rate is used when calculating net dividend for all of group B shares which belong to our taxpayer legal entity partners Koç Holding A.Ş and Temel Ticaret A.Ş.

4-The 5% withholding tax rate is used when calculating net dividend for all of group C shares which belong to our limited taxpayer partner Ford Deutschland Engineering GmbH.