Global Yatirim : 2021 Annual Report

ANNUAL REPORT 2021

THE POWER OF

PROGRESS

Contents

OUR BUSINESS

12 Chairman's Message

1. Global Investment Holdings Group in Summary

1. Global Investment Holdings Group

1. Consolidated Financial Highlights
2. Key Financial Indicators
3. Milestones

OUR PERFORMANCE AND OUTLOOK

1. Port Infrastructure

1. Power Generation

1. Gas

1. Mining

1. Real Estate

1. Finance

SUSTAINABILITY

124 Sustainability

124 Sustainability Principles Compliance Framework

HOW WE GOVERN OUR BUSINESS

1. Investor Relations
2. Ratings

1. Corporate Citizenship

1. Board of Directors

1. Statement of Independence

1. Committees Formed under the Board of Directors and Their Evaluations by the Board of Directors

1. Corporate Governance
2. Global Investment Holdings Corporate Governance Principles Compliance Report

1. Risk Management and Internal Audit Mechanism
2. Amendments to the Articles of Association in 2021
3. Statement of Responsibility
4. Financial Overview

1. Dividend Policy
2. Developments after the Reporting Period

1. Disclaimer

FINANCIAL REPORTS

191 Consolidated Financial Statements and Independent Auditor's Report

Blue skies are ahead, keep moving forward!

Normalization steps are underway in our post-pandemic world, and the dark clouds are rapidly parting.

Global Investment Holdings, operating in 13 countries on four continents with investments in various business lines, has managed to move forward even in difficult conditions with its accurate forecasts and strategic initiatives.

In 2021, we completed our capital increase successfully.

We recorded major growth moves in our port infrastructure business.

Our consolidated revenues increased significantly, driven by the strong performance of our gas, power generation, mining, securities and asset management businesses.

As a result of new acquisitions, investments, and the normalization of everyday life, we believe that our

development will continue in 2022, and especially in 2023, as we take confident steps forward toward a productive future.

VIBRANT PROGRESS

The port infrastructure business - the engine of our Group - was adversely affected by the Covid-19 pandemic. Our climb back started with the resumption of cruise voyages after life began to return to normal. Subsequent to taking over the management of Kalundburg Cruise Port in Denmark to the north, we submitted the best offer to manage the cruise ports of the Canary Islands. We have clearly demonstrated that we will grow even more in this key area.

Net Revenue

TL 1.8 billion

Net Revenue

64% annual increase