January 20 Investor Presentation

Middle Distillate Cracks $/bbl 20 20 Diesel Jet Fuel 5yr range 2019 2020 5 yr ave 5yr range 5 yr ave 2019 2020 20 16.2 14.9 15.0 15 13.7 10 14.1 12.9 12.2 16.6 16.2 17.9 15 13.9 14.4 13.8 13.2 12.0 11.3 11.4 10 10.3 14.8 17.0 17.4 16.4 12.5 10.9 11.2 9.3 5 5 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 5 yr between 2015-2019, data as of 6 Jan 2020 January 20 Investor Presentation Refining Market www.tupras.com.tr 6

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