Investor Presentation - FX Exposure Management

Middle Distillate Cracks $/bbl 25 25 20 Jet Fuel Diesel 5yr range 2019 2020 5 yr ave 5yr range 5 yr ave 2019 2020 25 17.9 16.2 16.6 14.1 12.5 12.9 16.2 14.9 15.0 15 12.2 11.4 10 10 11.2 9.7 10.1 5 20 17.0 17.4 16.4 14.8 15 14.4 13.8 13.2 10.9 11.2 12.5 13.9 10 10 10.4 10.3 7.9 5.8 5 11.3 6.4 4.7 4.8 4.3 5.0 4.8 2.4 2.2 0.5 -0.6 0 -1.6 -2.3 -1.7 -3.3 -5 -3.9 9.3 0 -10 1 2 3 4 5 6 789 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 5 yr between 2015-2019, data as of 30 November 2020 Dec-20 Investor Presentation Refining Market www.tupras.com.tr 6

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