European Pump Price Comparison

Income Statement (Million TL) 12M 12M Million TL Net Sales COGS % 2021 2020 150,972 63,244 139% -135,521 -61,480 -120% Gross Profit 15,451 1,764 776% Operating Expenses -3,242 -2,012 -61% Income/Loss from other operations -11,744 -371 -3065% Operating Profit 465 -619 Inc./Loss from Eq. Pick ups & Inv. activities 701 -28 Operating Profit Before Fin. Income/Loss 1,166 -647 Financial Income/Expense 996 -3,149 Profit Before Tax 2,161 -3,795 Net Profit (excluding minority interest) 3,319 -2,494 EBITDA *(mn. TL) Inventory Gain/Loss (mn. TL) EBITDA* (mn. TL) CCS 13,688 8,659 545 -457 2410% 5,029 1,003 402% Sep-22 Financials Investor Presentation *On CMB reports. EBIT includes extra items such as FX impacts of trade receivables and payables. In our EBITDA calculation. FX related items are excluded from EBIT in line with international practices. www.tupras.com.tr 29

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