Dividend Distribution Policy

REYSAŞ REAL ESTATE INVESTMENT TRUST INC.
PROFIT DISTRIBUTION POLICY

Pursuant to the provisions of the Turkish Commercial Code, Capital Markets Law and relevant legislation, the “Profit Distribution Policy” which determines the principles of profit distribution in accordance with Article 34 of our Articles of Association titled “Distribution of Profit and Legal Reserves” has been established as follows:

Taking into account our Company’s financial structure, profitability status, and the general economic outlook, it is targeted to distribute 10% of the distributable net period profit, calculated in accordance with the Capital Markets Legislation, in the form of cash dividends and/or bonus shares. Such distribution is submitted for the approval of the General Assembly in a manner that will not adversely affect the capital structure and investment expenditures of the Company.

The dividend distribution date is determined based on the proposal of the Board of Directors and paid in compliance with the Capital Markets regulations, provided that it starts no later than the end of the fiscal year in which the General Assembly resolution for distribution is adopted. The General Assembly or the Board of Directors, if authorized, may resolve to distribute dividends in installments in accordance with the Capital Markets provisions. Interim dividends may also be distributed in line with the relevant legal regulations.

In accordance with the provisions of our Articles of Association, there is no privilege granted in profit distribution. Dividends to be distributed to shareholders are allocated equally to all existing shares on the distribution date, regardless of their issuance or acquisition dates, in proportion to their respective ownership.