January 20 Investor Presentation

9M 2019 Results 9M Refining Margins ($/bbl) Med Margin ■Tüpraş Net Margin 2.9 3.7 Med FY Exp Tüpraş FY Target 0 1 2 3 4 5 6 3.7 $/bbl net refining margin in 9M 2019 January 20 Investor Presentation Financials 9M 0 www.tupras.com.tr Capacity Utilization (%) 98.3 98.3% total capacity utilization in 9M 2019 20 20 40 60 80 100 9M Operationals 2019 Target 30 28 21.2 22.2 22.2 mn tons of sales and 21.2 m tons of production in 9M 2019 Production Sales Capex (mn $) 112 mn$ refining CAPEX in 9M 2019 150 112 9M 2019 Target 34

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