Tüpraş Investor Presentation August 2019

Financial Highlights Tüpraş generated 851 MTL EBITDA in Q1 2019. EBITDA (mn TL) Net Income (mn TL) * ■ Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 8,908 3,812 3,713 1,887 493 5,882 2,550 992 1,766 1,237 3,799 3,778 1,793 3,396 815 1,528 1,208 2,346 1,457 542 750 803 1,505 1,144 1,542 495 2,210 1,027 867 1,495 710 581 1,080 688 1,575 869 870 367 1,033 851 275 331 378 335 2015 2016 2017 2018 2019 2015 2016 2017 2018 -375 2019 1.8 Current Ratio & Net Debt / R. EBITDA Net Debt/ R. EBITDA Current Ratio 1.8 35% 1.3 1.3 1.1 1.2 1.3 1.0 1.1 1.1 Return on Average Equity** 22% 41% 37% 27% 2015 2016 2017 2018 Q2 2019 2015 2016 2017 2018 Q2 2019 *Excluding minority interest **Calculation based on rolling net income Investor Presentation www.tupras.com.tr 28

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