European Pump Price Comparison

Dividend (TL) Avg. Payout Ratio: 90%* 77% 101% 79% 66% 64% 87% 89% 15.2 13.6 102% 14.815.2 13.3 Bubill. I 5.03.9 5.8 4.8 3.9 3.2 2.5 2.9 3.0 33% 1.6 5.8 0.0 10.2 6.5 7.26.2 2.1 0.0 0.0 0.0 EPS DPS 0% Dividend Payout 10. 0% 0.00 0% Strategic Transition Dividend Plan 80% Our new business model enables us to pay ~80% average dividends and we will remain as a high dividend payer 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2025- 2035 *Years without dividend payments are not taken into account. Dividend payout ratio is calculated according to distributable net income based on statutory accounts Sep-22 Appendix Investor Presentation www.tupras.com.tr 54

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