ANNUAL REPORT 2025

FINANCIAL STATEMENTS 2025

PINAR ET PRESENTATIONS

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Years	Dividend Paid dividends (TL)	Payment rate (%)*	Dividend rate (%)**		Payment date of dividends
			Gross(%)	Net(%)
2021	52,868,700	35,99	122.00	109.80	29 April 2022
2020	65,869,200	69.10	152.00	129.20	30 April 2021
2019	39,001,500	84.68
1. Installment	9,750,375		22.50	19.13	14 October 2020
2. Installment	29,251,125		67.50	57.38	31 December 2020
2018	40,301,550	64.88	93.00	79.05	30 April 2019
2017	21,234,150	35.80	49.00	41.65	20 April 2018
2016	43,768,350	73.33	101.00	85.85	29 May 2017
2015	42,034,950	63.20	97.00	82.45	31 May 2016
2014	25,134,300	48.27	56.79	49.30	29 May 2015
2013	27,626,063	72.21	75.00	63.75	30 May 2014
2012	27,734,400	90.80	64.00	54.40	27 May 2013
2011	26,867,700	90.37
1. Installment	13,433,850		31.00	26.35	25 May 2012
2. Installment	13,433,850		31.00	26.35	25 September 2012
2010	33,367,950	84.41	77	65.45	30 May 2011
2009	31,634,550	78.97
1. Installment	7,883,974		18.19	15.46	21 May 2010
2. Installment	23,750,576		54.81	46.59	10 September 2010
2008	6,187,200	19.50	14.28	12.14	25 May 2009
2007	18,200,700	59.85	42	35.7	30 May 2008
2006	14,300,550	61.55	33	28.05	30 May 2007
2005	10,883,750	66.80	25	22.5	30 May 2006
2004	6,500,250	74.66	15	13.5	30 May 2005

There are no distributed stock dividends. 
* Dividend/Net Profit
** Dividend/Issued Capital