Investor Presentation

Turkish Market, 11M 2019 Contraction in diesel demand is softening following weak 1H. Aviation driven jet demand remains healthy. Million Tons 30.0 20.0 Diesel -1.6% 6.0 5.0 4.0 23.15 22.79 10.0 4.61 3.0 3 2 'Jet Fuel +7.3% 4.94 0.0 2.0 2018 2019 2018 2019 Gasoline 2Fuel Oil 1.5 1.0 +3.0% 0.5 2.16 2.23 2018 'Transit flight consumption included 2Bunker excluded February 20 Turkish Market Investor Presentation 2019 +1.5% 0.34 0.35 0.0 2018 2019 www.tupras.com.tr 11

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