European Pump Price Comparison

Global Refinery Capacity Changes Expectations until 2025: • 73% of net capacity additions will come from Asia & Middle East • Net capacity and demand in Europe will remain roughly unchanged 2019-2025 Net Capacity Additions Capacity Additions by Region 2.3 1.0 Closures 1.6 1.5 Openings 2.6 -0.3 -0.5 -1.2 -1.1 -1.7 0.7 1.0 .. 2019 2020 2021 2022 2023 2024 2025 Sep-22 Investor Presentation Refining Market Asia Middle East www.tupras.com.tr Africa 10% Other 17% 29% 44% 0% 10% 20% 30% 40% 50% 5

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