Ford Otomotiv Sanayi : Ordinary General Assembly Dividend Distribution Result

KAMUYU AYDINLATMA PLATFORMU

FORD OTOMOTİV SANAYİ A.Ş. Notification Regarding Dividend Payment

Notification Regarding Dividend Payment

Summary Info

Ordinary General Assembly Dividend Distribution Result

Yes

Update Notification Flag

Correction Notification Flag

No

No

Postponed Notification Flag

Decision Date

19.02.2020

Date of Related General Assembly 17.03.2021

Was The Issue of Dividend Payment Negotiated?

Discussed

Payment In Advance

Type of Cash Dividend Payment

Currency Unit

TRY

Will Not Be Paid

Stock Dividend

The Reason For Applying A Lower Dividend Withholding Rate Than The Current Rate In Calculating Net Amount

The current witholding rates are used.

Our Group B shareholders, Koç Holding A.Ş. and Temel Ticaret A.Ş. resident in Turkey are full taxpayer companies. Therefore, the withholding rate was used as 0 percent ( zero).

Information Regarding How To Calculate That Lower Dividend

All of our Group C shares belong to Ford Deutschland Holding Gmbh, our limitedWitholding Rate Than The Current taxpayer shareholder resident in Germany. Within the scope of Agreement Between

Rate

The Government Of The Republic Of Turkey And Federal Republic of Germany For The Avoidance Of Double Taxation And The Prevention Of Fiscal Evasion With Respect To Taxes On Income, the withholding rate has been used as 5 percent of the gross amount of the dividends.

Cash Dividend Payment Amount and Rates

Dividend Dates

• (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 (%)

• A Grubu, FROTO, TRAOTOSN91H6

  0 0

• B Grubu, İşlem Görmüyor, TREFRTO00011

  0 0

• C Grubu, İşlem Görmüyor, TREFRTO00029

0 0

Additional Explanations

Ordinary General Assembly Meeting was held on March 17, 2021 Wednasday at 15:30 at the address of "Divan Istanbul Hotel - Asker Ocağı Caddesi No:1 34367 Şişli / İstanbul (Tel: [phone], Faks: [phone])". Summary of the meeting minute:

- To present; not to allocate 5% first rank legal reserve required by Article 519 of the Turkish Commercial Code for 2020 since the amount of first rank legal reserve has already reached 20% of share capital in tax books as of 31.12.2020;

- To cover TL 223.529.670 first rank legal reserve from net income of TL 4.194.912.850 which is in the financial statements prepared within the framework of CMB's regulations and pay % 642,0000 gross (% 545,7000 net) in proportion and TL 2.252.842.200 total gross dividend in cash, including TL 2.136.040.077 first dividend and TL 116.802.123 second dividend to shareholders assuming each share with a nominal value of 1-TL pays TL 6,42 gross (TL 5,4570 net in accordance with the Dividend Distribution Proposal) and allocate the remaining TL 1.718.540.980 as extraordinary reserves;

- According to the tax regulations, to pay TL 2.252.842.200 total gross dividend in cash after allocating TL 223.529.670 first rank legal reserve from TL 3.534.965.375 current year profit of the year 2020 and allocate TL 1.058.593.505 as extraordinary reserves after payment of dividend.

- To determine dividend distribution date as March 24, 2021 is decided.

Supplementary Documents

Appendix: 1

Kar dağıtım Tablosu.pdf

Dividend Distribution Proposal.pdf

Appendix: 2

DIVIDEND DISTRIBUTION TABLE

FORD OTOMOTİV SANAYİ A.Ş. 01.01.2020/31.12.2020 Period Dividend Payment Table (TL)

1.Paid-In / Issued Capital

350.910.000

2. Total Legal Reserves (According to Legal Records)

410.493.113

Information on privileges in dividend distribution, if any, in the Articles of Association:

-

*

Based on CMB RegulationsBased on Legal Records

• 3. Current Period Profit

• 4. Taxes Payable (-)

• 5. Net Current Period Profit

  4.108.329.758 -86.583.092 4.194.912.850

  3.574.764.799 39.799.424 3.534.965.375

• 6. Losses in Previous Years (-)

  0 0

• 7. Primary Legal Reserve (-)

  0 0

• 8. Net Distributable Current Period Profit

Dividend Advance Distributed (-)

Dividend Advance Less Net Distributable Current Period Profit

4.194.912.850 0 4.194.912.850

3.534.965.375 0 3.534.965.375

• 9. Donations Made During The Year ( + )

  77.167.304 0

• 10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated

  4.272.080.154 0

• 11. First Dividend to Shareholders

* Cash

2.136.040.077 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

  116.802.123 0

• 16. Secondary Legal Reserves

  223.529.670 0

• 17. Statutory Reserves

  0 0

• 18. Special Reserves

  0 0

• 19. Extraordinary Reserves

• 20. Other Distributable Resources

1.718.540.980 0

1.058.593.505 0

Dividend Payment Rates Table

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.