Dividend Policy

The Company aims to distribute at least 10% of its distributable net profit in the form of bonus shares and/or in cash. In addition, the Board of Directors makes a profit distribution proposal decision at the end of each accounting period, taking into account the Company's cash projections, investment plans, financial structure and conditions in the capital markets, in order to ensure that the delicate balance between the expectations of the shareholders and the growth needs of the Company is not disturbed. The dividend distribution proposal includes the amount to be distributed, the distribution method and time. The profit share amount to be given to other persons other than the partners who will participate in the profit is included in the profit distribution proposal of the Board of Directors in accordance with the provisions of the articles of association.

The dividend distribution proposal of the Board of Directors is accepted at the General Assembly Meeting, and dividend distribution is realized within the legal time limits. Dividend distribution begins on the date to be determined by the General Assembly, at the latest, until the end of the year in which the General Assembly meeting is held..

The Board of Directors may also propose not to distribute dividends to the General Assembly. Shareholders are informed about the reasons why the profit is not distributed and the way the undistributed profit is used.

There are no privileges regarding participation in the Company's profits, and the provision regarding the distribution of advance dividends is not included in the Articles of Association. However, advance dividends are subject to the permission of the General Assembly, limited to the accounting period.

The Dividend Distribution Policy is submitted to the approval of the shareholders at the General Assembly Meeting. Changes made in this policy are updated by the Board of Directors and policy changes are approved at the General Assembly Meeting. The policy is disclosed to the public on the Company website.

The Profit Distribution Policy of Türkiye Hayat Emeklilik AŞ is implemented within the framework of the provisions of the Turkish Commercial Code, insurance and other relevant legislation and in accordance with Article 22 of the Company's Articles of Association.