Investor Presentation November 2020

Income Statement EBITDA realized as 977 mn TL in Q3 2020. Q3 Q3 9M 9M Million TL Net Sales % % 2020 2019 2020 2019 17,035 23,309 -27% 43,254 67,970 -36% COGS -15,845 -22,152 28% -42,083 -64,150 34% Gross Profit 1,190 1,157 3% 1,171 3,820 -69% Operating Expenses -500 -451 -11% -1,477 -1,244 -19% Income/Loss from other operations -492 -98 -400% -933 -407 -129% Operating Profit 199 608 -67% -1,239 2,169 -157% Income/Loss from equity investment 78 63 25% -147 172 -186% Operating Profit Before Fin. Income/Loss 277 671 -59% -1,386 2,341 -159% Financial Income/Expense -833 -817 -2% -2,297 -2,214 -4% Profit Before Tax -556 -146 -280% -3,683 127 -2995% Net Profit (excluding minority interest) -420 -155 -170% -2,870 340 -945% EBITDA* Inventory Gain/Loss EBITDA * CCS 977 956 2% 163 3,301 -95% 1,439 -692 -308% -585 283 -306% -463 1,648 -128% 747 3,018 -75% *On CMB reports. EBIT includes extra items such as FX impacts of trade receivables and payables. In our EBITDA calculation. FX related items are excluded from EBIT as customary in international practices. Nov-20 Investor Presentation Financials www.tupras.com.tr 27

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