HACI ÖMER SABANCI HOLDİNG A.Ş.
DIVIDEND DISTRIBUTION TABLE FOR THE YEAR 2023 (TRY) |
|---|
| Paid-in Capital |
|
2,100,375,969.18 |
| General Legal Reserves (As per Turkish GAAP) |
|
408,080,786.20 |
| According to Article 35 of the Articles of Association, 3% of the remainder after reserving (i) 5% of the Net Profit for General Legal
Reserves and (ii) 5% of Paid-in Capital for First Category Dividend will be reserved for Hacı Ömer Sabancı Foundation. |
| |
As per IFRS |
As per Turkish GAAP |
| Profit |
47,952,859,000.00 |
10,429,592,258.86 |
| Taxes (-) |
28,103,428,000.00 |
505,894,931.33 |
| Net Profit for the Period (=) |
15,427,320,000.00 |
9,923,697,327.53 |
| Previous Years’ Losses (-) |
0.00 |
0.00 |
| General Legal Reserves (-) |
11,994,407.64 |
11,994,407.64 |
| NET DISTRIBUTABLE PROFIT FOR THE PERIOD |
15,415,325,592.36 |
9,911,702,919.90 |
| Donations Granted During the Year (+) |
15,826,862.95 |
|
| NET DISTRIBUTABLE PROFIT INCLUDING DONATIONS |
15,431,152,455.31 |
|
| First Category Dividend for Shareholders |
|
|
| - Cash |
105,018,798.46 |
|
| - Share |
0.00 |
|
| - Total |
105,018,798.46 |
|
| Dividends Distributed to the Privileged Shareholders |
0.00 |
|
| Other Dividends Distributed |
294,200,523.64 |
|
| - Members of the Board of Directors |
0.00 |
|
| - Employees |
0.00 |
|
| - Non Shareholders |
294,200,523.64 |
|
| Dividends Distributed to the Holders of Usufruct Right Certificates |
0.00 |
|
| Second Category Dividend for Shareholders |
6,076,387,678.84 |
|
| General Legal Reserves |
0.00 |
|
| Status Reserves |
0.00 |
0.00 |
| Special Reserves (According to the Article 5/1-e of Corporate Tax Law) |
0.00 |
462,915,200.31 |
| Extraordinary Reserves |
8,939,718,591.42 |
2,973,180,718.64 |
| Other Resource Planned for Distribution |
0.00 |
0.00 |
| - Previous Years’ Profit |
0.00 |
0.00 |
| - Extraordinary Reserve |
0.00 |
0.00 |
| - Other Distributable Reserves as per the Legislation and the Articles of Association |
0.00 |
0.00 |
HACI ÖMER SABANCI HOLDİNG A.Ş.
DIVIDEND RATES TABLE FOR THE YEAR 2023 |
|---|
| |
TOTAL DIVIDEND AMOUNT |
TOTAL DIVIDEND AMOUNT / NET DISTRIBUTABLE PROFIT FOR THE PERIOD |
DIVIDEND PER SHARE OF TRY 1 NOMINAL VALUE |
| |
CASH (TRY) |
SHARES (TRY) |
RATIO (%) |
AMOUNT (TRY) |
RATIO (%) |
| GROSS |
6,181,406,477.30 |
- |
40.10 |
2.943 |
294.30 |
| NET (*) |
5,563,265,829.57 |
- |
36.09 |
2.649 |
264.87 |
(*) Net amount is calculated by assuming 10% withholding tax will apply.
In line with the resolution of the Board of Directors of Sabancı Holding dated May 24, 2023, the merger
transaction where all of the assets and liabilities of Exsa Export Sanayi Mamulleri Satış ve Araştırma A.Ş.
(Exsa), a subsidiary of Sabancı Holding, be acquired as a whole by Sabancı Holding, has been completed
upon registration of the merger on January 15, 2024. With the registration, Exsa has been dissolved without
liquidation and the merger transaction has become legally valid as of the registration date. Therefore, the
financial assets of Exsa along with 50% of shares in Temsa Skoda Sabancı Ulaşım Araçları A.Ş., 100% of shares
in Temsa Motorlu Araçlar Pazarlama ve Dağıtım A.Ş. and 100% of shares in Exsa Gayrimenkul Proje Geliştirme
A.Ş. have been transferred to Sabancı Holding’s possession. As a result of the merger, a capital increase
of TRY 59,972 nominal value has been made by Sabancı Holding, and the respective shares issued will be
allocated to the other shareholders of Exsa except for Sabancı Holding upon completion of the necessary legal
procedures before the Capital Markets Board.
On March 28, 2024, a project finance facilities amounting to USD 243 million has been signed by Sabancı
Renewables Inc., a wholly-owned indirect subsidiary of Sabancı Holding through Sabancı İklim Teknolojileri
A.Ş., with the equal participation of MUFG Bank Ltd., ING Bank LLC and NORD LB (Norddeutsche Landesbank
Girozentrale) for the Oriana Solar Project, which consists of a 232 MW solar power plant investment that is
expected to reach commercial operation in the second quarter of 2025.
In addition, Sabancı Renewables Inc.’s investments on 272 MW Cutlass II Solar Project, which was previously
announced to be completed in the second quarter of 2024, is currently at commissioning stage. Sabancı
Renewables Inc. will reach a total renewable energy portfolio of 504 MW in the USA, upon completion of both
Cutlass II and Oriana Solar Projects.
As a result of a review in the organizational structure in line with our strategic priorities to focus on expanding
core businesses and investing in new growth platforms; a decision has been made to restructure the
Industrials and the Building Materials strategic business units as the Material Technologies and the Mobility
Solutions to further strengthen our focus in material technologies and leadership in mobility solutions. After
this change, Mr. Burak Orhun, current Building Materials Group President, will be appointed as the Material
Technologies Group President; while Mr. Cevdet Alemdar, current Industrials Group President, will be appointed
as the Mobility Solutions Group President, both effective from April 19, 2024. Together with these appointments,
Akçansa, Çimsa and Kordsa will continue their operations under the Material Technologies Group while Brisa,
Temsa Ulaşım and Temsa Motorlu Araçlar will operate under the Mobility Solutions Group.
