Copyright © 2025 KAP
Central Securities Depository & Trade Repository of Türkiye
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Cash Dividend Payment Amount and Rates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Dates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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(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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Additional Explanations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
By the resolution of the Board of Directors of our Company dated 17 March 2026 (today): The Net Profit for the Period in our financial statements prepared based on our statutory records as of 31.12.2025, after deduction of taxes and legal liabilities, amounts to TRY 2,405,065,194.09. Since there are no prior year losses to be deducted from the net profit for the period, the Net Distributable Profit to be considered for dividend distribution according to our statutory records is TRY 2,405,065,194.09. As of 31.12.2025, in the Company's consolidated financial statements prepared in accordance with the Communiqué No. II-14.1 of the Capital Markets Board ("CMB") on Principles of Financial Reporting in Capital Markets, in compliance with Turkish Accounting Standards / Turkish Financial Reporting Standards (TAS/TFRS) and CMB reporting formats, and reviewed by the independent audit firm, the Net Profit for the Period after taxes and legal liabilities amounts to TRY 3,637,202,794.00. Within the framework of CMB regulations, since there are no prior years' losses to be deducted and no legal reserves required to be set aside pursuant to the Turkish Commercial Code, the Net Distributable Profit for the Period amounts to TRY 3,637,202,794.00. Accordingly, it has been resolved to distribute the Net Profit for the Period of TRY 2,405,065,194.09 based on our statutory financial statements dated 31.12.2025, together with the general legal reserves of TRY 348,003,305.91 recorded in our statutory accounts, as follows:
Within this framework, in accordance with the dividend distribution regulations of the Capital Markets Board, regarding the 01.01.2025 – 31.12.2025 accounting period:
and to submit these matters to the approval of the Ordinary General Assembly to be held on 16 April 2026, has been resolved. Annex: Dividend Distribution Table of the Board of Directors regarding the dividend distribution for 2025. This Material Disclosure Announcement is prepared in Turkish and in English. In case of any discrepancy between the two versions, Turkish disclosure will prevail. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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DIVIDEND DISTRIBUTION TABLE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ÇELEBİ HAVA SERVİSİ A.Ş. 01.01.2025/31.12.2025 Period Dividend Payment Table (TL) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Payment Rates Table | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Rate Table Explanations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2) Inflation adjustments have not been included. (3) The Company's profit before tax amounts to TRY 4,102,985,803, of which TRY 3,827,944,999 arises from continuing operations and TRY 275,040,804 from discontinued operations. (4) It consists of the total of current tax expense and deferred tax income/(expense). (5) The Company's net profit for the period amounts to TRY 3,724,105,357 (TRY 4,102,985,803 – TRY 378,880,446). Since TRY 86,902,563 of this amount is attributable to non-controlling interests, the net profit for the period attributable to the parent amounting to TRY 3,637,202,794 has been taken as the basis. Group A and Group B shares belong to the Company's main shareholder, Çelebi Havacılık Holding A.Ş., and therefore no withholding tax will be applied to the dividends to be paid for these shares. Since it is not known whether the shareholders are limited taxpayers, full taxpayers, legal entities or natural persons, the gross and net dividend calculations have been made on the assumption that the shares are subject to withholding tax. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.
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