Summary Info
Extraordinary General Assembly Dividend Distribution Result
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
14.10.2024
Date of Related General Assembly
06.11.2024
Was The Issue of Dividend Payment Negotiated?
Discussed
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
Detailed explanations on the subject are given in the attached profit distribution table.
Information Regarding How To Calculate That Lower Dividend Witholding Rate Than The Current Rate
Detailed explanations on the subject are given in the attached profit distribution table.
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, TRETTRK00028
Payment In Advance
26,9819558
2.698,19558
0
26,9819558
2.698,19558
B Grubu, İşlem Görmüyor, TRETTRK00036
Payment In Advance
26,9819558
2.698,19558
5
25,6328580
2.563,2858
C Grubu, TTRAK, TRETTRK00010
Payment In Advance
26,9819558
2.698,19558
10
24,2837602
2.428,37602
Dividend Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
08.11.2024
08.11.2024
12.11.2024
11.11.2024
(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, İşlem Görmüyor, TRETTRK00028
0
0
B Grubu, İşlem Görmüyor, TRETTRK00036
0
0
C Grubu, TTRAK, TRETTRK00010
0
0
Additional Explanations
At the Extraordinary General Assembly Meeting of our Company held today, it was decided to distribute dividends in accordance with the attached dividend distribution proposal of the Board of Directors and to set the dividend payment date as November 08, 2024.


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 Payı Dağıtım Tablosu.pdf
Appendix: 2
Kar Payı Dağıtım Tablosu_eng.pdf
DIVIDEND DISTRIBUTION TABLE
TÜRK TRAKTÖR VE ZİRAAT MAKİNELERİ A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
100.066.875
2. Total Legal Reserves (According to Legal Records)
1.077.935.113,97
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
4. Taxes Payable (-)
5. Net Current Period Profit
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)
8. Net Distributable Current Period Profit
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
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
2.700.000.000
2.700.000.000
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
1.012.500.000
26,98196
2.698,19558
B Grubu
961.875.000
25,63286
2.563,2858
C Grubu
607.500.000
24,28376
2.428,37602
TOTAL
2.581.875.000
Dividend Rate Table Explanations

* Amount is the registered nominal capital amount and the capital inflation adjustment difference amounting to TL 1,522,448,551.82 as of 30.06.2024 is included in the records prepared in accordance with the Tax Procedure Law (TPL).

** Amount is nominal general legal reserves and in the records prepared in accordance with TPL after the application of inflation accounting, there is an inflation adjustment difference amounting to TL 1,340,081,918.68 as of 30.06.2024 related to legal reserves.

(1) There is no privileged right for dividend.

(2) A Group shares are holding by the resident taxpayer shareholders; thus 0% withholding tax is calculated.

(3) Foreign-based taxpayer shareholder CNH Industrial Österreich is holding B group shares. Due to the agreement to avoid double taxation between Austria and Turkey, withholding tax is calculated 5%.

(4) 10% withholding tax calculated for the remaining C group share owners.