Koç Holding Investor Presentation

Turkish Economy Strengths Population (mn) 82 1.4% growth in last 5 yrs 81 0-40 yrs >65% 12 9 9,2 8,8 GDP (%) 2002-2014 4.9% 2010-2014 5.4% 11,1 6 80 82 81 81 3 79 80 79 5,0 5,1 4,2 4,0 3,0 2,9 2,1 78 0 2010 2011 2012 2013 2014 2015 2016 2017Q1 2017Q2 2017Q3 2016 2017 2018 2019 2020 Diesel Consumption (mn tons) Car ownership per thousand people 27 26 8.8% average 4% annual growth 220 67% 213 176 growth in last 5 yrs 165 25 134 127 24 27,7 110 26,1 23 25,1 24,2 55 22 22,3 21 2016 2017 Source: EMRA, TSI 0 2018 2019 2020 2014 2015 2016 2017 Investor Presentation www.tupras.com.tr REFINING INDUSTRY 10

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