Summary Info
Board of Directors recommendation regarding operating profit for 2023
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
17.05.2024
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, TREDEVA00019
Payment In Advance
6.746.834.667,4000000
674.683.466.740
10
6.072.151.200,6600000
607.215.120.066
B Grubu, İşlem Görmüyor, TREDEVA00027
Payment In Advance
0,2500000
25
10
0,2250000
22,5
C Grubu, DEVA, TRADEVAW91E2
Payment In Advance
0,2500000
25
10
0,2250000
22,5
Dividend Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
25.06.2024
27.06.2024
26.06.2024
(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, TREDEVA00019
0
0
B Grubu, İşlem Görmüyor, TREDEVA00027
0
0
C Grubu, DEVA, TRADEVAW91E2
0
0
Additional Explanations

. Operating Period has resulted in a net profit of as follows:

• An amount of TL 3,385,418,491 TL after tax according to consolidated financial statements related to the period between 01.01.2023-31.12.2023 audited within the freamework of the provisions of the communiqué Number II-14.1 of the Capital Markets Board in compliance with to the Turkish Accounting/Turkish Financial Reporting Standards (TMS/TFRS) by the independant auditor DRT Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş

• and net profit in the amount of TL 2,647,406,478.68 after tax according to the individual financial statements of DEVA Holding, drawn up within the framework of the relevant provisions of Tax Procedure Code No. 213 and Turkish Commercial Code.

Previous years' losses arising from the inflation adjustment of the financial statements dated 31.12.2023 in accordance with the provisions of the Tax Procedure Law, inflation occurring in the accounts of legal reserves, extraordinary reserve funds and capital adjustment positive differences in accordance with the 5th and 7th paragraphs of the Repeated Article 298/A of the Tax Procedure Law. adjustment differences are offset.

We respectfully submit for the approval of the General Assembly that, in accordance with the Capital Market Legislation, all relevant legal regulations, Article 20 of the Company's Articles of Association and our Company's profit distribution policy as approved by the General Assembly Meeting dated 15.04.2019, the profit distribution as of 25 June 2024 related to the first and second dividend total gross profit amounting to TL 50,004,821.95 corresponding to the gross cash dividend of TL 0.25 and net TL 0.2250 per share with a nominal value of TL 1, corresponding to approximately 1.48% (25% of issued capital) of the total distributable net profit for the 2023 accounting period, to right holders as per the profit distribution table prepared within the framework of the relevant legal regulations.

We respectfully submit to the approval of the General Assembly.


(Translation into English is just for informational purposes. In case of a discrepancy between the Turkish and the English versions, the Turkish version shall prevail.)

Supplementary Documents
Appendix: 1
Deva 2023 Yılı Kar Dağıtım EN.pdf
Appendix: 2
Deva 2023 Yılı Kar Dağıtım Tablosu.pdf
DIVIDEND DISTRIBUTION TABLE
DEVA HOLDİNG A.Ş. 01.01.2023/31.12.2023 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
200.019.287,78
2. Total Legal Reserves (According to Legal Records)
40.003.857,56
Information on privileges in dividend distribution, if any, in the Articles of Association:
10% of the profit amount to be determined in accordance with the principles of article 20 of the articles of association is distributed to privileged shareholders of A group.
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
1.975.558.207
2.721.467.485,05
4. Taxes Payable (-)
1.409.860.284
-74.061.006,37
5. Net Current Period Profit
3.385.418.491
2.647.406.478,68
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. Net Distributable Current Period Profit
3.385.418.491
2.647.406.478,68
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )
4.023.941,77
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
3.389.442.432,77
11. First Dividend to Shareholders
10.000.964,39
10.000.964,39
* Cash
10.000.964,39
10.000.964,39
* Stock
12. Dividend Distributed to Owners of Privileged Shares
337.341.733,37
337.341.733,37
13. Other Dividend Distributed
* To the Employees
* To the Members of the Board of Directors
98.777.910,35
98.777.910,35
* To Non-Shareholders
14. Dividend to Owners of Redeemed Shares
0
0
15. Second Dividend to Shareholders
40.003.857,56
40.003.857,56
16. Secondary Legal Reserves
47.612.350,13
47.612.350,13
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves
2.851.681.675,2
2.113.669.662,88
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
303.607.560,03
0
8,97
60.721.512,01
6.072.151.201
B Grubu
0,01
0
0
0,225
22,5
C Grubu
45.004.339,75
0
1,33
0,225
22,5
TOTAL
348.611.899,8
Dividend Rate Table Explanations

(*) In the " Cash Dividend Payment Amount and Rates" table, the cash dividend to be paid for a share with a nominal value of 1 TL is calculated in accordance with the standards. Since the nominal value of our company's privileged shares is 1 Kuruş, the gross amount of cash dividends to be paid for a share with a nominal value of 1 Kuruş will be 67,468,346.67 TL which correspondes to the net amount is 60,721,512.01 TL. Dividend payments will be made according to the amounts calculated on the basis of 1 kuruş.