Summary Info
Dividend Distribution Resolution approved at the 2024 Ordinary General Assembly Meeting
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
25.04.2025
Date of Related General Assembly
22.05.2025
Was The Issue of Dividend Payment Negotiated?
Discussed
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 (%)
VESTL, TRAVESTL91H6
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 (%)
VESTL, TRAVESTL91H6
0
0
Additional Explanations

At the 2024 fiscal year Ordinary General Assembly Meeting of our Company held on 22.05.2025, it was resolved by the shareholders within the frame of the Board of Directors' proposal dated 25.04.2025 and numbered 2025/20, that while the net loss attributable to the parent company for the 2024 fiscal year amounted to TRY 11,020,692,000 pursuant to the consolidated financial statements prepared in accordance with the relevant legislation and audited by PwC Bağımsız Denetim ve Serbest Muhasebecilik Mali Müşavirlik AŞ, in the standalone financial statements prepared pursuant to the relevant provisions of the Tax Procedure Law No. 213 ("TPL"), the net period loss amounted to TRY 2,851,403,383, and that no dividend distribution shall be made due to the absence of distributable profit in the Company's financial statements.

This statement was 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
Vestel Elektronik 2024 Kar Payı Dağıtım Tablosu.pdf
Appendix: 2
Vestel Elektronik Dividend Distribution Tablo for the Year 2024.pdf
DIVIDEND DISTRIBUTION TABLE
VESTEL ELEKTRONİK SANAYİ VE TİCARET A.Ş. 01.01.2024/31.12.2024 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
335.456.275
2. Total Legal Reserves (According to Legal Records)
293.671.531
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
-10.238.839.000
-2.851.403.383
4. Taxes Payable (-)
781.853.000
0
5. Net Current Period Profit
-11.020.692.000
-2.851.403.383
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. Net Distributable Current Period Profit
0
0
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
0
0
9. Donations Made During The Year ( + )
22.795.481
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
0
0
11. First Dividend to Shareholders
0
0
* Cash
0
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
0
0
16. Secondary Legal Reserves
0
0
17. Statutory Reserves
0
0
18. Special Reserves
0
0
19. Extraordinary Reserves
0
0
20. Other Distributable Resources
0
0
Dividend Rate Table Explanations

(*) Amount is the nominal registered share capital and the inflation adjustment to share capital amounting to TL 31.192.652.560 is included in the records prepared in accordance with TPL.

(**) Amount is nominal general legal reserves and there is inflation adjustment difference amounting to TL 2.148.575.709 related to legal reserves in the records prepared in accordance with TPL after the application of inflation accounting.

(***) The amount of consolidated donations made during the year calculated according to the purchasing power at 31 December 2024 is stated.