Investor Presentation

2018 Results Refining Margins ($/bbl) Tüpraş Net Margin 10 8 Capacity Utilisation (%) 2015 2016 2017 2018 ■Med Margin 2018 Operational (mn ton) 6 9.3 Production 4 4.6 2 0 Investor Presentation OPERATIONS www.tupras.com.tr Sales Capex (mn $) 25.7 99 104 113 96 • 96% Total Capacity Utilization in 2018 29.8 mn tons of sales and 25.7 mn tons of production in 2018 29.8 2016 213.0 2017 185.0 9M 2018 138.0 138 mn $ CAPEX in 2018 31

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