Dividend Policy

Profit distribution is based on the provisions of Turkish Commercial Code, the regulations of Capital Markets Board, Tax regulations and other related regulations and the article of our Company's Articles of Association regarding the distribution of profit.
 

Our Company's financial structure and the expectations of the shareholders are taken into account when determining our Company's dividend policy. Profit will be distributed, by starting from the financial year 2013, from distributable profit for the period for every financial year, as a minimum amount of 50% cash dividend or bonus share, following the General Assembly within 3 months, in accordance with the legislations being implemented in Turkey.
 

Dividend advance payment will not be done by our Company.