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Investor Presentaiton

EBITDA & EBIT • • MILLION TL EBIT: 1.103 19.4% 2,281 (467) 983 2 54 (44) EBITDA Q119 A in Revenues A in Direct cost of revenues ** 123.1% A in G&A expenses A in S&M expenses 23.1% EBITDA growth via revenue increase & effective OPEX management 2.Opp yoy EBITDA margin improvement driven mainly by lower S&M expenses Excluding depreciation and amortization *** net impairment losses on financial and contract assets A Doubtful trade receivables* *** Investor Presentation EBIT: 1,437 21.6% 2,809 EBITDA Q120 31
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