AKBANK T.A.Ş.

Notification Regarding Dividend Payment

Publish Date:28.02.2022 11:57:24
Disclosure Type:ODA
Year:
Period:
Summary Info
Board of Director's decision regarding the dividend payment.
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
28.02.2022
Date of Related General Assembly
28.03.2022
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 (%)
AKBNK, TRAAKBNK91N6
Payment In Advance
0,2330000
23,3
10
0,2097000
20,97
Dividend Dates
Payment
Proposed
Ex-Dividend Date
Final
Ex-Dividend Date
Payment Date
Record Date
Payment In Advance
30.03.2022
01.04.2022
31.03.2022
(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 (%)
AKBNK, TRAAKBNK91N6
0
0
Additional Explanations

On 28.02.2022 Akbank's Board of Directors has resolved to propose the following for the appropriation of 2021 annual profit. The dividend to be distributed from 2021 net profit of TL 12.125.907.749,04will be as follows;

· Gross TL 260.000.000 equal to 5% of Bank's paid-in capital of TL 5.200.000.000 as of December 31, 2021 will be allocated as primary cash gross dividend; and gross TL 951.600.000 will be allocated as secondary cash gross dividend. Total gross dividend of TL 1.211.600.000 equal to 23,30% of the paid in capital, will be distributed to shareholders,

· Cash dividend payment to start from 30th of March, 2022,

· In accordance with the first paragraph clause (e) of article 5 of the Corporate Tax Law, TL 653.818,83 which is exempt from corporate tax to be allocated to a "Special Fund Account" and after allocating TL 95.160.000 to Legal Reserves, the remaining profit will be retained under Extraordinary Reserves.

Annex: Dividend Distribution Table for 2021.

In case of contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

Supplementary Documents
Appendix: 1
2021_Kar_Dağıtım_ÖDA_Ek_1.pdf
Appendix: 2
2021_Kar_Dağıtım_ÖDA_Ek._2.pdf
DIVIDEND DISTRIBUTION TABLE
AKBANK T.A.Ş. 01.01.2021/31.12.2021 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
5.200.000.000
2. Total Legal Reserves (According to Legal Records)
1.808.635.260,68
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
16.066.139.604,8
4. Taxes Payable (-)
3.940.231.855,76
5. Net Current Period Profit
12.125.907.749,04
6. Losses in Previous Years (-)
7. Primary Legal Reserve (-)
8. Net Distributable Current Period Profit
12.125.907.749,04
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
11. First Dividend to Shareholders
260.000.000
* Cash
260.000.000
* Stock
12. Dividend Distributed to Owners of Privileged Shares
13. Other Dividend Distributed
* To the Employees
* To the Members of the Board of Directors
* To Non-Shareholders
14. Dividend to Owners of Redeemed Shares
15. Second Dividend to Shareholders
951.600.000
16. Secondary Legal Reserves
95.160.000
17. Statutory Reserves
18. Special Reserves
653.818,83
19. Extraordinary Reserves
10.818.493.930,21
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 (%)
- - -
1.211.600.000
0
8,99
0,2097
20,97
TOTAL
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.