European Pump Price Comparison

Gasoline and High Sulphur Fuel Oil Cracks $/bbl Gasoline 5yr range 2022 2021 5 yr ave 5 yr range 50 0 45 40 40 44.0 38.0 35 30 25 20 25.7 24.7 High Sulphur Fuel Oil 2022 2021 5 yr ave -5 -6.4 -10.7-10.4 -11.0 -10 -11.7 -9.7 -12.9 -12.6 -13.9-14.5 -13.6 -16.0 -15 17.3 -20.2 -20 -22.2 -25 -26.5 -26.4 -30 13.4 15 12.7 11.6 12.5 15.1 15.7 13.7 14.1 10 7.0 12.7 -35 11.5 6.2 10.4 10.6 10.8 10.6 5 -40 0 1 2 3 4 5 6 7 8 9 10 10 data as of 31 August 2022, 5 year range shows 2017-2021 Sep-22 Investor Presentation Refining Market -45 11 12 www.tupras.com.tr -40.1 -41.0 -34.4 1 2 3 4 5 6 7 8 9 10 11 12 7

View entire presentation