Summary Info
Regarding Dividend Distribution
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
13.03.2023
Type of Cash Dividend Payment
Payment In Advance
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, TREKCAE00022
Payment In Advance
0,2296333
22,96333
10
0,2066699
20,66699
B Grubu, İşlem Görmüyor, TREKCAE00014
Payment In Advance
0,2296333
22,96333
10
0,2066699
20,66699
C Grubu, KCAER, TREKCAE00030
Payment In Advance
0,2296333
22,96333
10
0,2066699
20,66699
Cash Dividend Payment Time Interval
First Ex-Date Possible (Proposed)
Last Ex-Date Possible (Proposed)
First Ex-Date Possible (Approved by General Assembly)
Last Ex-Date Possible (Approved by General Assembly)
31.05.2023
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, TREKCAE00022
0
0
B Grubu, İşlem Görmüyor, TREKCAE00014
0
0
C Grubu, KCAER, TREKCAE00030
0
0
Additional Explanations

The Deadline for the Use of Cash Dividend Rights (Proposed) has been added to the table above as 31.05.2023

Supplementary Documents
Appendix: 1
Kocaer Çelik A.Ş. Kar Payı Dağıtım Tablosu.pdf
DIVIDEND DISTRIBUTION TABLE
KOCAER ÇELİK SANAYİ VE TİCARET A.Ş. 01.01.2022/31.12.2022 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
657.570.000
2. Total Legal Reserves (According to Legal Records)
21.949.743
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
812.686.187
567.518.269
4. Taxes Payable (-)
56.942.399
128.523.405
5. Net Current Period Profit
751.243.531
438.994.864
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)
21.949.743
21.949.743
8. Net Distributable Current Period Profit
729.293.788
417.045.121
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )
326.557
326.557
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
729.620.345
417.371.678
11. First Dividend to Shareholders
151.000.000
* Cash
151.000.000
* 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
11.812.150
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves
566.481.638
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
24.677.345
3,38
0,2067
20,67
B Grubu
24.677.345
3,38
0,2067
20,67
C Grubu
86.545.310
11,86
0,2067
20,67
TOTAL
135.900.000
18,63
Dividend Rate Table Explanations

At the Board of Directors Meeting of our company dated 13.03.2023 and numbered 9; below decisions have been made by all participants:

According to our consolidated financial statements prepared in accordance with the provisions of the Communiqué Serial: XI No: 29 of the Capital Markets Board, parent share of the net profit for the period of 01.01.2022 - 31.12.2022 realized as TRY 751.243.531, whereas the amount recorded as TRY 438.994.864 in our Provisional Tax Return Financial Statements (VUK) for the same period.

After deducting the provisions of the Turkish Commercial Code, the Capital Markets legislation, the provisions of our company's articles of association and all profit distribution obligations, it was decided to distribute TRY151.000.000 as cash dividends, which is 20.70% of the net distributable profit of TRY 729.620.345.

Since the total amount of the first dividend of TRY151,000,000 to be distributed to the shareholders remains above 5% of the company's paid in capital, a Second Legal Reserve of TRY11,812,150 is set aside in accordance with the provisions of the Turkish Commercial Code and the remaining TRY 566,481,638 profit allocated as Extraordinary Reserves.

The first dividend amount of TRY 151.000.000 which allocated to be distributed to our shareholders in cash to be paid in exchange for the 2022 dividend coupons of our company partners' shares. On this basis, a cash dividend of gross TRY 0,2296 (Net 0,2067) is to be paid for one nominal stock worth TRY 1.00 and the payment will take place until 31 May 2023 at the latest.

To submit all these matters to the approval of our shareholders at our Company's Ordinary General Assembly Meeting for the year 2022.