Investor Presentaiton

Taxation in Turkey TAX MOBILE FIXED 70% Special Communication Tax (SCT) 7.5% 7.5% VAT 18% 60% 18% Treasury Share¹ 15% 1% 50% TRX fees Contribution Share to Telecom Authority New subscription SCT² 5% (of net sales) 40% 0.35% (of net sales) 0.35% (of net sales) 30% TRY 79.00 (at first enrollment) Wireless license fees TRY 34.15 (per acquisition) Wireless usage fees TRY 34.15 (annual) 20% TURKEY HAS THE WORLD'S HIGHEST MOBILE SERVICE TAXES³ Investor Presentation 10% Turkey Hungary Jordan UK Croatia Greece Italy Spain Egypt 1Under the license agreement Turkcell pays a treasury share equal to 15% of its gross revenue from Turkish GSM operations 2 Excluding M2M SIMS 3 GSMA/Turkey Report, 2016 68 89

View entire presentation