Investor Presentation

Strategic Transition Plan - Financials Cumulative Cash Flow Bridge ($ bn) 15.0 EBITDA Sound Financial Plan ● · Superior EBITDA generation and disciplined capex plan leads to very low external funding requirement. Strong FCF generation ensures strong dividend potential 80% dividend payout on average according to our new business model Net Debt/EBITDA will remain below 2x -5.0 7.0 -2.50 -.50 • ~5 bn $ Dividend • Capex Net Fin. Exp. (*) Other Residual CF (*) Consists of net additional funding and related financial expenses Oct-23 Strategy Investor Presentation www.tupras.com.tr 44

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