Summary Info
The Board of Directors' Proposal Regarding No Dividend Distribution at the General Assembly Meeting dated 28.03.2025 has been accepted and approved.
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
04.03.2025
Date of Related General Assembly
28.03.2025
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 (%)
A Grubu, İşlem Görmüyor, TREKRTN00013
0,0000000
0
0
0,0000000
0
B Grubu, KARTN, TRAKARTN91D4
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, TREKRTN00013
0
0
B Grubu, KARTN, TRAKARTN91D4
0
0
Additional Explanations

Regarding the Dividend Distribution Proposal of our Board of Directors; As a result of the activities of our company in 2024, a loss for the period has occurred in the financial statements prepared in accordance with the Capital Markets Board ("CMB") regulations and Legal Records, taking into account the working capital needs of the company, the proposal not to distribute dividends from other distributable resources, including extraordinary reserves, and to take into account the loss of 2024 in the legal records as the loss of previous years has been accepted and approved at the General Assembly meeting held on 28.03.2025. In this context, no dividend distribution will be made.

The English translation of this statement is attached hereto, and in case of any discrepancy in the texts of the statement, the Turkish statement will be taken as the basis.


DIVIDEND DISTRIBUTION TABLE
KARTONSAN KARTON SANAYİ VE TİCARET A.Ş. 01.01.2024/31.12.2024 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
75.000.000
2. Total Legal Reserves (According to Legal Records)
15.000.000
Information on privileges in dividend distribution, if any, in the Articles of Association:
After deducting 10% of the legal reserves and paid-in capital from the net profit, 5% of the remaining profit (A group) is paid to the holders of preferred shares.
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
-819.371.228
-466.337.756,08
4. Taxes Payable (-)
116.521.025
0
5. Net Current Period Profit
-651.352.361
-466.337.756,08
6. Losses in Previous Years (-)
0
0
7. Primary Legal Reserve (-)
0
0
8. Net Distributable Current Period Profit
-651.352.361
-466.337.756,08
Dividend Advance Distributed (-)
0
0
Dividend Advance Less Net Distributable Current Period Profit
-651.352.361
-466.337.756,08
9. Donations Made During The Year ( + )
98.675
0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
-651.253.686
-466.337.756,08
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 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
0
0
0
0
0
B Grubu
0
0
0
0
0
TOTAL
0
0
0
0
0
Dividend Rate Table Explanations

1-

The loss for the period of the Group is amounting to TL -651.650.318 TL (-819.371.228+ TL 167.720.910). Since the amount of TL -297.957 represents the non-controlling interests, the net loss for the period of the parent company in the amount of TL -651.352.361 was considered as the basis.

2- Among the share certificates constituting the capital of our company, Privileged Shares (Group A Shares) have the right to receive dividends also from the dividends distributed to the non-Privileged shares (Group B Shares).


Gross and net dividends per share stated in this statement represent the total dividend amounts and rates to be received by each share group.


3- Regarding the divident distribution proposal of our Board of Directors, as a result of our Company's opearations in 2024, a loss fort he period has incurred in the financial statements prepared in accordance with the Capital Markets Board ("CMB") regulations and Legal Records, considering the company's operational capital requirements, it was decided to propose to the General Assembly the proposal to not distribute dividends from other equity items, including extraordinary reserves, and to consider the 2024 loss in statutory records as retained earnings


This English translation is for information purposes only, and in case of any discrepancy with the Turkish announcement, the Turkish version will be taken as basis.