FCR Real Estate Investment Partnership Inc.

It determines its profit distribution policy within the framework of the provisions of the Capital Markets Legislation, the Turkish Commercial Code and the Articles of Association. This policy aims to demonstrate a balanced and consistent approach between the expectations of shareholders and the company's growth strategies and financial requirements.

Profit Distribution Principles:

1. Determination and Distribution of Profit:

• The remaining net profit after deducting general expenses, depreciation and mandatory taxes from the income obtained at the end of the period is distributed after deducting the previous year losses, if any.

• First, 5% of the net profit is set aside as legal reserves.

• The first dividend is set aside in accordance with the Capital Markets Legislation from the amount to be found by adding the donations made during the year, if any, to the remaining amount.

• The General Assembly has the authority to decide on the distribution of the remaining profit after the first dividend is set aside.

2. Profit Distribution Policy:

• FCR GYO aims to distribute at least 20% of the distributable net profit in cash or free shares, taking into account investment and financing needs, profitability and cash flows.

• There is no privilege in the distribution of profit shares, and it is made equally to all shares existing as of the distribution date.

• The date and method of the profit distribution are decided by the General Assembly upon the proposal of the Board of Directors.

3. Profit Distribution Time:

• The profit distribution is made by the end of the relevant accounting period at the latest.

• The General Assembly determines the date of the profit distribution in line with the proposal of the Board of Directors.

4. Profit Share Advance:

• Provided that there is a provision in the Articles of Association and the General Assembly authorizes, profit share advances may be distributed in accordance with the relevant legislation.

FCR GYO regularly reviews its profit distribution policy in line with the interests of shareholders and the company's long-term strategies, and updates it when necessary. This policy is submitted to the General Assembly for approval and announced to the public on the company's corporate website.