Haci Ömer Sabanci : 2022 Q2 Earnings Presentation

Q2 2022

EARNINGS PRESENTATION

August 12, 2022

Disclaimer

The information and opinions contained in this document have been compiled by Hacı Ömer Sabancı Holding A.Ş. ("Holding") from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy, completeness or correctness. No undue reliance may be placed for any purposes whatsoever on the information contained in this presentation or on its completeness, accuracy or fairness. This document contains forward-looking statements by using such words as "may", "will", "expect", "believe", "plan" and other similar terminology that reflect the Holding management's current views, expectations, assumptions and forecasts with respect to certain future events. As the actual performance of the companies may be affected by risks and uncertainties, all opinions, information and estimates contained in this document constitute the Holding's current judgement and are subject to change, update, amend, supplement or otherwise alter without notice. Although it is believed that the information and analysis are correct and expectations reflected in this document are reasonable, they may be affected by a variety of variables and changes in underlying assumptions that could cause actual results to differ materially. Holding does not undertake any obligation, and disclaims any duty to update or revise any forward looking statements, whether as a result of new information or future events. Neither this document nor the information contained within can construe any investment advice, invitation or an offer to buy or sell Holding and/or Its group companies' shares. Holding cannot guarantee that the securities described in this document constitute a suitable investment for all investors and nothing shall be taken as an inducement to any person to invest in or otherwise deal with any shares of Holding and its group companies. The information contained in this document is published for the assistance of recipients, but is not to be relied upon as authoritative or taken in substitution for the exercise of judgment by any recipient. You must not distribute the information in this document to, or cause it to be used by, any person or entity in a place where its distribution or use would be unlawful. Neither Holding, its board of directors, directors, managers, nor any of Its employees shall have any liability whatsoever for any direct or consequential loss arising from any use of this document or its contents.

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Successful delivery on our strategic initiatives

Dynamic Portfolio Management

Turkey's 1st Green Hydrogen:	Capacity Increase in HMLS Polyester Yarn:
Production and use of green hydrogen	Kordsa's investment at USD9.8mn,
at Enerjisa Üretim's Bandırma facility	for capacity increase in HMLS Polyester Yarn

Network Optimization in Building

Transfer of TTKOM shares owned by LYY*:

Completion of 55% of TTKOM shares

transfer from LYY* to Turkey Wealth Fund

Capacity Increase in CAC:

Çimsa's investment at USD45mn,

for capacity increase in CAC

Digital Investment:

Acquisition of 100% of SEM**, a digital marketing company

Materials Business

Sale of some cement plants & cement

grinding facilities for EUR110mn

Jan'22

Feb'22

Mar'22

Apr'22

May'22

Jun'22

July '22

Aug'22

Acquisition of Arvento:

88.89% of Arvento by Brisa to transform into

a mobility solutions business

Digital Investment:	Turkey's National DC Charger Tender:
Eşarj to establish 495 DC stations in
Acquisition of 51% of Radiflow,
53 cities at amount of TL300mn
an OT security company

Sale of Philsa & PMSA Shares:

Sale of Sabancı Holding's entire shares

in Philsa & PMSA

Buy & Hold

Solar Power Plants at Çimsa & Brisa:

Solar power plant investments in Çimsa's Afyon

Cement Factory and Brisa's Aksaray Factory

Acquisition of Microtex:

Acquisition of 60% of Microtex by Kordsa

Inc. to expand in composites in the automotive and motorsport in Europe

*Akbank had 35.6% shares in LYY Telekomünikasyon A.Ş. ** Refers to SEM and its subsidiary Liberdatum together

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SustainabilPrioritizingty ESG to transform our portfolio for the future

we transform the core

	TL7.7BN1	51%2	43.1GWh
SDG-linked net sales revenues	SDG-oriented R&D	energy recovery

80%3	23%4	2x	116%
waste recovery	water recovery	more alternative fuel use increase in renewable
			than Turkey average	energy consumption

15	40%6	44%
female-to-male	ratio of women manager	ratio of women
pay ratio		in the BoD

…because it makes business sense.

…and grow in sustainable platforms

Among our growth platforms…

E-mobility	Electrification	Renewables	New Energy	Telematics	Digitalization &
			Vehicles &	loT 4.0	Cybersecurity
			Components

Sustainable	Lightweight	Sustainable	Distributed	New electricity	Sustainable
Chemicals	materials	Finance	generation	sources	building materials

+

Offset technologies & solutions

Lower	Broader	Lower
cost of debt &	investor base	ESG risks
cost of capital

1.	Akbank is not included. 2. Brisa, Kordsa, Temsa, Akçansa, Çimsa, SabancıDx and Teknosa are included. 3. Recovered or reused. Wastes include hazardous and non-hazardous wastes. Avivasa, Carrefoursa and SabancıDx are not included.	4
4.	Recovered, recycled or reused. Akçansa, Çimsa and Kordsa are included. 5.This refers to the principle of equal pay to equal work.6. The Ratio covers the operations in Turkey as disclosed in Sabancı Holding 2021 Sustainability Report.

Q2 2022 Highlights

Profitable growth with robust earnings quality

Consolidated ROE* more than tripled, reaching 53% in Q2

Maintained healthy balance sheet

Solar Power Plant Investments of Group companies

Installation of 495 DC charging stations in 53 cities

New acquisitions in digital - Radiflow & SEM**

Diversification in tire reinforcement - Microtex acquisition

*Excludes non-operational and non-recurringone-off items ** Refers to SEM and its subsidiary Liberdatum together

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