Evercore Investment Banking Pitch Book

Confidential - Preliminary and Subject to Change Financial Projections and Preliminary Valuation Detail - Sensitivity Case #3 3 SIRE Financial Projections vs. Sensitivity Case #3 ($ in millions, except per unit amounts, EBITDA Attributable to SIRE DCF / LP Unit % Gross Margin $76.1 $74.2 2022E $2.00 $2.00 2022E 40.9%40.9% 2022E $76.6 2023E $2.40 $89.2 $2.80 2023E 39.3% 39.3% Source: SIRE Financial Projections, SIRE management EVERCORE 2023E $71.2 $91.2 2024E $2.21 $2.86 2024E 39.3% 39.3% 2024E $55.9 2025E $1.85 $75.4 2025E $2.65 35.8% 37.1% SIRE Financial Projections 2025E 37 $51.8 $72.9 2026E $1.66 $2.56 2026E 34.6% 37.1% 2026E Sensitivity Case #3 $53.8 2027E $1.74 $74.5 33.5% $2.61 2027E 37.1% 2027E $46.9 2028E $1.41 $72.9 30.8% $2.55 2028E 37.1% 2028E ŞİŞECAM

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