Dividend Policy

MIA Teknoloji A.Ş. (“Company”) follows a balanced and consistent dividend distribution policy in line with the provisions of the Company’s Articles of Association (“Articles”) and applicable legislation, taking into consideration the interests of both the Company and its shareholders.

At the end of each financial period, after deducting general expenses, depreciation and other mandatory provisions, as well as taxes payable by the Company, the remaining net distributable profit as reflected in the annual balance sheet, following the deduction of any prior year losses, shall be distributed in the manner set forth below:

Statutory General Reserve

a) Until it reaches 20% of the Company’s capital, 5% of the annual profit shall be allocated to the statutory general reserve.

First Dividend

b) From the remaining amount, including any donations made during the year, a first dividend shall be allocated in accordance with the Company’s dividend policy and in compliance with the Turkish Commercial Code and capital markets legislation.

c) Following the above deductions, the General Assembly is entitled to decide on the distribution of dividends to members of the Board of Directors, Company employees, and third parties other than shareholders.

Second Dividend

d) From the net period profit remaining after the deductions specified in subparagraphs (a), (b), and (c), the General Assembly is authorized to distribute all or part thereof as a second dividend, or to allocate it as a voluntary reserve in accordance with Article 521 of the Turkish Commercial Code.

Statutory General Reserve

e) In accordance with Article 519/2 of the Turkish Commercial Code, 10% of the amount remaining after deducting a dividend equal to 5% of the capital from the portion distributed to shareholders and other beneficiaries shall be added to the statutory general reserve.

No additional reserves may be allocated, no profit may be carried forward to subsequent years, and no profit may be distributed to Board members, employees, or third parties unless the statutory reserves and the dividend specified in the Articles of Association have been fully allocated. Furthermore, no profit distribution may be made to such persons unless the shareholders’ dividend has been paid in cash.

Dividends shall be distributed equally to all outstanding shares as of the distribution date, regardless of their issuance or acquisition dates.

The method and timing of dividend distribution shall be determined by the General Assembly upon the proposal of the Board of Directors.

Dividend distribution resolutions adopted by the General Assembly in accordance with these provisions may not be revoked.

Dividend Advance

Subject to authorization by the General Assembly and compliance with capital markets legislation, the Board of Directors may distribute dividend advances limited to the relevant fiscal year.

The authority granted by the General Assembly to distribute dividend advances shall be limited to the year in which such authority is granted. No additional dividend advances or dividend distributions may be resolved unless previously paid dividend advances for prior accounting periods have been fully offset.