|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cash Dividend Payment Amount and Rates
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amount and Rate of Cash Dividend Stock Dividend Payment
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Additional Explanations
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In accordance with the Banking Law, Capital Markets Law and related regulations, Article 45 of the Articles of Association of our Bank titled as "Distribution of the Profit", the Board of Directors of our Bank resolved on March 17th, 2023 that; - (i) the distribution of the Bank's after-tax profit in the amount of 58,509,157,847.37 Turkish Liras for the year 2022 as detailed in the table attached hereto; - (ii) to initiate the distribution of gross cash dividend in the amount of 8,776,373,677.11 Turkish Liras corresponding to 208,96128 % of the total paid-in capital which is the sum of the first gross cash dividend amounting to 210,000,000.00 Turkish Liras corresponding to 5% of the Bank's paid-in capital and the second gross cash dividend amounting to 8,566,373,677.11 Turkish Liras to our Shareholders at a date determined at the Ordinary General Assembly Meeting and the authorization of the Head Office to conduct any and all acts in this regard, - (iii) the transfer of 1,094,477,604.51 Turkish Liras which was recognized as income in prior periods' profit or loss account in 2022 due to Accounting Standards to the Extraordinary Reserves Account;
will be submitted to the approval of our Shareholders during the Ordinary General Meeting of Shareholders.
Profit Distribution Table for the year 2022 is attached herewith.
*In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
DIVIDEND DISTRIBUTION TABLE
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
TÜRKİYE GARANTİ BANKASI A.Ş. 01.01.2022/31.12.2022 Period Dividend Payment Table (TL)
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dividend Payment Rates Table
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dividend Rate Table Explanations
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In accordance with the Banking Law, Capital Markets Law and related regulations, Article 45 of the Articles of Association of our Bank titled as "Distribution of the Profit", the Board of Directors of our Bank resolved on March 17th, 2023 that; - (i) the distribution of the Bank's after-tax profit in the amount of 58,509,157,847.37 Turkish Liras for the year 2022 as detailed in the table attached hereto; - (ii) to initiate the distribution of gross cash dividend in the amount of 8,776,373,677.11 Turkish Liras corresponding to 208,96128 % of the total paid-in capital which is the sum of the first gross cash dividend amounting to 210,000,000.00 Turkish Liras corresponding to 5% of the Bank's paid-in capital and the second gross cash dividend amounting to 8,566,373,677.11 Turkish Liras to our Shareholders at a date determined at the Ordinary General Assembly Meeting and the authorization of the Head Office to conduct any and all acts in this regard, - (iii) the transfer of 1,094,477,604.51 Turkish Liras which was recognized as income in prior periods' profit or loss account in 2022 due to Accounting Standards to the Extraordinary Reserves Account;
will be submitted to the approval of our Shareholders during the Ordinary General Meeting of Shareholders.
Profit Distribution Table for the year 2022 is attached herewith.
*In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail. |
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.