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Investor Presentaiton

Balance Sheet Analysis bn TL 20 Net Debt In Billion TL -In Billion $ 17.8 15 12.0 12.2 12.5 11.0 10 10 9.4 8.4 11.3 bn $ in ол 5 4 3 6.2 2 5 2.3 2.3 1.9 1.7 1.6 1 1.4 1.5 1.3 1.3 0 0 Dec-17 Dec-18 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Working Capital Requirement (Billion TL) 4.7 2.1 -2.0 -3.0 -3.6 2.6 -4.7 -5.4 -5.6 Dec-17 Dec-18 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Financials Investor Presentation 12.3 Redemption Schedule (Billion TL) TL Hard Currency 9.8 6.5 1.7 0.1 0.3 1 year 1-2 years 2-3 years 3-4 years 4-5 years Over 5 years www.tupras.com.tr • Financial Management Ongoing strict working capital management continues to lower funding needs Improved operational profitability generation further helps delevering 28
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