Tüpraş Investor Presentation August 2019

H1 2019 Results H1 2.7 Refining Margins ($/bbl) Med Margin Tüpraş Net Margin 3.5 Med FY Exp Tüpraş FY Target 012 3 4 5 6 7 +3.5 $/bbl net refining margin in H1 2019. Investor Presentation www.tupras.com.tr KEY FINANCIALS 80 H1 Capacity utilization (%) 95.0 95% total capacity utilization in H1 2019. 0 20 40 60 80 100 Operationals Production Sales 28 30 13.7 14.4 H1 2019 Target 14.4 mn tons of sales and 13.7 m tons of production in H1 2019. Capex (mn $) 70 mn$ CAPEX in H1 2019. 200 70 H1 2019 Target 34

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