Investor Presentation Financial Highlights

Brent Crude Prices $/bbl 15 yr range 130 118.8 113.3 104.4 5 yr ave 123.7 112.7 -2022 2023 110 98.2 87.2 90 100.0 89.9 93.3 91.7 94.0 91.1 86.2 81.1 84.9 82.8 82.5 83.3 80.1 78.6 75.6 70 74.7 0 50 30 10 2 + Russian-Ukraine war + Impact of sanctions + Post-pandemic demand recovery Recession fears Zero Covid Policy and its impact on Chinese demand SPR releases Year Average Brent Prices ($/bbl) 2018 71.0 2019 64.3 2020 41.7 2021 70.7 4 5 6 7 8 9 10 11 12 2022 101.2 data as 30 November, 5 year range shows 2018-2022 Dec-23 Investor Presentation Refining Market www.tupras.com.tr 4

View entire presentation