Summary Info
Board of Directors' Resolution for Profit Distribution
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
22.02.2023
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 (%)
A Grubu, İşlem Görmüyor, TRETTLK00021
0,0000000
0
0
0,0000000
0
B Grubu, İşlem Görmüyor, TRETTLK00039
0,0000000
0
0
0,0000000
0
C Grubu, İşlem Görmüyor, TRETTLK00047
0,0000000
0
0
0,0000000
0
D Grubu, TTKOM, TRETTLK00013
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 (%)
A Grubu, İşlem Görmüyor, TRETTLK00021
0
0
B Grubu, İşlem Görmüyor, TRETTLK00039
0
0
C Grubu, İşlem Görmüyor, TRETTLK00047
0
0
D Grubu, TTKOM, TRETTLK00013
0
0
Additional Explanations
Türk Telekom, the leading integrated telecommunications company, continues its activities by prioritising its strategic goals and investments in order to sustain its technological leadership while maintaining a healthy liquidity and investment balance, and a strong balance sheet. Our Board of Directors resolved to propose at the 2022 Ordinary General Assembly that Türk Telekom pays no dividend out of 2022 earnings. The decision reflects the need for elevated caution in light of the recent events and the consideration of our Company's liquidity and investment requirements along with possible volatility in financial markets on global or domestic macro uncertainties.

Subject to approval in the Company's Ordinary General Assembly Meeting for the operating year 2022, it has been concluded that:
1- The Company's net profit calculated according to the independently audited consolidated financial tables prepared in accordance with the provisions of "Capital Markets Board (CMB) Communique About Financial Reporting in Capital Markets No.II-14.1" is TL 4,134,846,000 for the fiscal year of 2022,
2- 2- Pursuant to the CMB Communique on Dividends No: II-19.1, the profit after tax amount of TL 4,134,846,000 shall be the base amount for dividend distribution,
3- The Company is not required to take any reserves for 2022 as per the Article 519 of Turkish Commercial Code because it has already reached the general legal reserve limit,
4- Accordingly, the Company is allowed to make a proposal, subject to the provisions of its Articles of Association, that the net profit amounting to TL 4,134,846,000, which is based on the independently audited consolidated financial statements, shall be recorded as extraordinary reserves.

Supplementary Documents
Appendix: 1
TÜRK TELEKOMÜNİKASYON A.Ş. 2022 Kar Dağıtım Tablosu.pdf
Appendix: 2
TÜRK TELEKOMÜNİKASYON A.Ş. 2022 Dividend Distribution Table.pdf
DIVIDEND DISTRIBUTION TABLE
TÜRK TELEKOMÜNİKASYON A.Ş. 01.01.2022/31.12.2022 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
3.500.000.000
2. Total Legal Reserves (According to Legal Records)
700.068.480
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
1.836.474.000
4. Taxes Payable (-)
-2.298.372.000
5. Net Current Period Profit
4.134.846.000
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)
8. Net Distributable Current Period Profit
4.134.846.000
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )
132.525.108
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
4.267.371.108
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
4.134.846.000
20. Other Distributable Resources
Dividend Rate Table Explanations

-