Investor Presentaiton

Income Statement (Million TL) Q1 Q1 Million TL Net Sales COGS % 2022 2021 76,541 19,821 286% -71,237 -18,294 289% Gross Profit 5,304 1,527 247% Key Highlights of Income Statement Operating Expenses -1,050 -557 89% Income/Loss from other operations -1,498 -1,584 -5% Operating Profit 2,756 -614 Inc./Loss from Eq. Pick ups & Inv. activities 210 10 2055% Operating Profit Before Fin. Income/Loss 2,967 -604 Financial Income/Expense -1,904 -356 435% Profit Before Tax 1,062 -960 Net Profit (excluding minority interest) 896 -760 Y-o-y increase in Opex is mainly driven by higher logistics expenses due to higher sales, inflation and TL depreciation in Q1'22. Opet's contribution to net income was 208 MTL, recorded under income from equity-pickup. Sharp depreciation in TL has resulted in elevated FX losses in Q1'22. EBITDA *(mn. TL) Inventory Gain/Loss (mn. TL) EBITDA* (mn. TL) CCS 4,668 1,170 299% 4,102 1,512 171% 565 -342 Aug-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 27

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