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Investor Presentation

Capacity Utilization and Quarterly Production Volume Total production volume in Q4 2019 realized as 6.9 mn tons. Full year capacity utilization for 2019 was 97.8%, in line with our guidance. Quarterly Production 5.2 Q1 2015 2016 2017 6.9 6.7 Q2 6.2 Q3 63 7.7 7.5 1Capacity utilization calculation is based on 30 mn tons for Q1 2019 and onwards. February 20 Investor Presentation Operations 2018 2019 Capacity Utilization 1 (%) Crude Oil Semi Product Feedstock -Total 108 105 103 105 4 98 96 96 96 4 94 7 6.9 9 5 4 9 6.6 86 98 Q4 2015 2016 2017 2018 www.tupras.com.tr 87 2019 91 68 91 96 96 Q1 19 Q2 19 Q3 19 Q4 19 87 21

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