CELEBI GROUND HANDLING 2023 ANNUAL REPORT

23 Çelebi Ground Handling Inc. 2023 Annual Report 13. DIVIDEND POLICY AND TIMING On 8 April 2014 our Company’s Board of Directors passed a resolution to approve the revision of the Company’s Dividend Policy pursuant to the requirements of Capital Markets Board Dividend Communiqué II-19.1, which went into effect with its publication in issue 28891 of Official Gazette dated 23 January 2014; to publicly disclose this revision; and to submit this revised Dividend Policy for the consideration and approval of shareholders at the upcoming annual General Assembly Meeting. At the Ordinary General Assembly Meeting held on 8 May 2014, the Board of Directors resolution concerning the Dividend Policy passed on 8 April 2014 was discussed and unanimously approved by shareholders. Çelebi Ground Handling Inc. Dividend Policy - Taking our Company’s medium- and long-term strategies, its investment and financing policies, and its profitability and cash situation into account and in the absence of any extraordinary developments in our Company’s investment and/ or financing needs and/or occurrences in its industry or the economy, at least 50% of net distributable profit shall be paid out as a dividend. When determining the dividend rate, attention shall be given to medium- and long-term investments that may require short-term cash outflows, material events that affect our Company’s financial structure, and significant developments in the sector and/or in the economy and/or in markets. - Dividends whose payment has been decided upon may take the form of cash, of bonus shares, or of some mix of the two. - Dividend and payment-timing Board of Directors resolutions shall be in compliance both with this Dividend Policy and with currently applicable laws, regulations, and administrative provisions and then publicly disclosed. Board of Directors dividend and payment-timing proposals shall be considered and decided upon by shareholders convened in a General Assembly Meeting. The payment of dividends shall begin within maximum thirty days of the date of the General Assembly Meeting at which the decision to pay them is taken and in all cases within statutorily-mandated periods of time. The Board of Directors may decide to have dividends paid in installments provided that a general assembly of shareholders shall have authorized it to do so. - Provided that a general assembly of shareholders shall have authorized it to do so, the Board of Directors may decide to have advances paid against dividends and may affect the payment of such advances subject always to the Capital Markets Law and Capital Markets Board regulations and decisions and to the Company’s own articles of association. With the decision of the Board of Directors taken at the Ordinary General Assembly Meeting convened on 13 April 2023, our financial statements, prepared on the basis of our legal books of account dated 31 December 2022, show a net current profit of TL 1,040,258,789.32 remaining after the deduction of all taxes and other legal obligations. According to our Company’s independently-audited consolidated financial statements dated 31 December 2021 prepared in accordance with Turkish Accounting Standards & Turkish Financial Reporting Standards (TMS/TFRS) and in CMB-specified formats pursuant to the requirements of CMB Communiqué II: 14.1 Concerning Financial Reporting Principles In Capital Markets, the net current profit remaining after the deduction of taxes and other statutory obligations amounts to TL 1,079,953,824.00. Within the framework of CMB legislation, since there is no Prior Year Loss that needs to be deducted from the Net Profit for the Period and no first legal reserves that need to be set aside pursuant to the Turkish Commercial Code (TCC), the net distributable current profit is TL 1,079,953,824.00. The entirety of the Net Profit for the Period descended in the Company’s Consolidated Financial Statements dated 31 December 2022 is as follows: ÇELEBİ HAVA SERVİSİ A.Ş. Profit Distribution Table for 2022 (TL) According to CMB legislation According to legal records Net Profit for the Period (-) 1,079,953,824.00 1,040,258,789.32 Prior Year Loss (-) 0.00 0.00 General Legal Reserves 0.00 0.00 Net Distributable Profit for the Period 1,079,953,824.00 1,040,258,789.32 First Dividend to Shareholders 1,215,000.00 1,215,000.00 Second Dividend to Shareholders 944,055,000.00 944,055,000.00 Other Funds for Distribution 85,050,000.00 85,050,000.00 General Legal Reserves 102,910,500.00 102,910,500.00 Transferred to Extraordinary Reserves 40,278,324.00 583,289.32