Dividend History and Share Capital Increase

Dividend History and Share Capital Increase

There are no privileges in the sharing of the Lider Factoring's profit. Lider Factoring's dividend distribution policy is to disburse all of the attributable profit in cash to shareholders identified in the Articles of Association; this policy has been disclosed to the public. It has been clearly stipulated that this dividend policy will be followed provided that no adverse conditions exist regarding domestic and global economic circumstances and that the Lider Factoring's capital adequacy ratio remains at the targeted level. Dividend distributions were made within the legally established time frame.

After setting aside 5% of the profit as legal reserves and 5% of the paid-in capital to shareholders as the first dividend the General Assembly is authorized to decide whether to distribute the remaining profit entirely or partially to shareholders or to set it aside as extraordinary reserves.

Profit distribution policy is stipulated in Article 24 of the Lider Factoring's Articles of Association, which are posted on Lider Factoring's website.

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