Soda Sanayii : Proposal Of Dividend Distribution For 2016 Discussed

KAMUYU AYDINLATMA PLATFORMU

SODA SANAYİİ A.Ş.

Notification Regarding Dividend Payment

Notification Regarding Dividend Payment

Summary Info Proposal of Dividend Distribution For 2016

Update Notification Flag Yes

Correction Notification Flag No

Postponed Notification Flag No

Related Companies SISE

Board Decision Date 06.03.2017

Date of Related General Assembly 28.03.2017

Was The Issue of Dividend Payment

Negotiated?

Discussed

Type of Cash Dividend Payment Payment InAdvance

Currency Unit TRY

Type of Stock Dividend Payment Willbe paid

Amount and Rate of Cash Dividend Payment

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 (%)	Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (TL)
SODA, TRASODAS91E5	Payment In Advance	0,2666666	26,66666	0,2266666

Cash Dividend Payment Dates

Payment	Proposed Ex-Dividend Date	Final Ex-Dividend Date	Payment Date	Record Date
Payment In Advance	30.05.2017	30.05.2017	01.06.2017	31.05.2017

Amount and Rate of Cash Dividend Stock Dividend Payment

Share Group Info	Amount of Stock Dividend (TL)	Rate of Stock Dividend (%)
SODA, TRASODAS91E5	77.000.000	10,26667

Additional Explanations

It has been resolved to submit the following matters, namely, separating our consolidated net profit for the period of 2016 in the amount of 575.805.383 Turkish Liras in our Consolidated Bal the provisions contained in the Capital Markets Board's ("CMB") Communiqué Nr. II.14.1 on the Principles Concerning Financial Reporting in Capital Markets as specified in the Annex in accor and Article 28 of our Articles of Association and the principles laid down in our Company's Profit Distribution Policy announced to the public;

• Distributing gross dividends in the amount of 200.000.000 Turkish Liras, corresponding to % 26,66666 of the issued capital, in cash, and gross dividends in the amount of 77.000.000 Turkish capital, as no par shares,

• Setting the date of payment of cash dividends as May 30, 2017, and distributing no par shares following the completion of the legal process, to the approval of the Ordinary General Assembl

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish an disclosure statement, the Turkish version shall prevail.

Supplementary Documents

Appendix: 1 SODA 2016 KAR DAĞITIMI.pdf

Appendix:2SS-Proposal of Dividend Distribution For 2016.pdf

DIVIDEND DISTRIBUTION TABLE

SODA SANAYİİ A.Ş. 01.01.2016/31.12.2016 Period Dividend Payment Table (TL)

1. Paid-In / Issued Capital 750.000.000

2. Total Legal Reserves (According to Legal

Records)

124.329.304,3

*	Based on CMB Regulations	Based on Legal Records
3. Current Period Profit	644.761.640	552.279.977,34
4. Taxes Payable (-)	-68.266.747	-77.998.452,842
5. Net Current Period Profit	575.805.383	474.281.524,498
6. Losses in Previous Years (-)	0	0
7. Primary Legal Reserve (-)	-23.714.076,22	-23.714.076,2249
8. NET DISTRIBUTABLE CURRENT PERIOD PROFIT	552.091.306,7751	450.567.448,2731
Dividend Advance Distributed (-)	0	0
Dividend Advance Less Net Distributable Current Period Profit	0	0
9. Donations Made during the Year ( + )	324.422,34	0
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated	552.415.729,1151	0
11. First Dividend to Shareholders	0	0
* Cash	200.000.000	0
* Stock	77.000.000	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 None Shareholders	0	0
14. Dividend to Owners of Redeemed Shares	0	0
15. Second Dividend to Shareholders	0	0
16. Secondary Legal Reserves	16.250.000	0
17. Statutory Reserves	0	0
18. Special Reserves	0	0
19. EXTRAORDINARY RESERVES	258.841.306,7751	157.317.448,2731
20. Other Distributable Resources	0	0

Dividend 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)	DIV
- - -	170.000.000	77.000.000	44,74	0,3293333
TOTAL	170.000.000	77.000.000	44,74	0,3293333

Dividend Payment Table Explanation

Group net income is (644.761.640 -68.266.747=) 576.494.893 TRY.Parent company net profitis (576.494.893 +129.522-819.032 =) 575.805.383 TRY,consisting of group net income, plus 129.522 operations reflected in the other comprehensive income statement, less 819.032 TRY attributed to the non-controlling interests.

According to No 2006/10731 dated 23.07.2006 decision of the Council of Ministers, net value of the gross dividend per share amount is calculated by taking 15% withholding tax rate with the who are real person with full liability and with the assumption of no earning with the exemption subject to distrubition.The ratio of the distributable profit to net distributable profit is 50,172

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.