AUGUST 2023

INVESTOR PRESENTATION

EARNING PRESENTATION

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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Capital Allocation

CAPITAL ALLOCATION

Doubling CAPEX to accelerate both organic and inorganic growth…

DOUBLING CAPEX | 25/75 SPLIT BETWEEN CORE & NEW INVESTMENTS

Grow and Protect the Core

Strengthen our market leading positions Profitable growth driven by customer centricity

Maximize Shareholder Return

Dividend Policy: 5%-20% of net income Share Buyback Program:

Up to 5% of paid-in capital: 102mn shares

Total funds allocated: TL3.25bn Long-term Incentive Plan: NAV Growth & rTSR

*Share of total investments in 2022

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Invest in New Platforms

Increasing share of new economy in nonbank combined revenue :

from 6% in 2021 to ~13% in midterm

75% of non-bank capex for transformation & adjacencies focusing on:

Energy & Climate Technologies (55%*)

Advanced Material Technologies (38%*)

Digital Technologies (7%*)

to achieve higher FX generation, to increase share of non-regulated business and to reach our Net Zero Emission target

IRR > WACC + (1% to 3%)

Keep Healthy Balance Sheet

Net debt to EBITDA ≤ 2x Healthy use of capital & debt

Managing B/S as if an investment grade company

CAPITAL ALLOCATION

…with a coherent strategic plan on core and new platforms

Purpose

Strategic Direction

We unite Türkiye and the World

for a sustainable life with leading enterprises

Transform into an agile

Lead in digital, material and

Commercialize innovation

Pioneer in "sustainability

Adapt to "Future of Work"

global / local footprint

climate technologies

for a better life

as a business"

Grow and

Protect the

Core

New Growth Platforms

Energy and Utilities

Industrials

Financial Services

• RAB growth for grid modernization

• North America tire cord investments

• Digital banking, channel optimization

• Renewable capacity growth in Türkiye

• Enliten Technology for EVs

• Growth in insurance as a multi-line

• Asset light growth through trading

• Strengthen white cement position

insurer

• Growth in distributed generation &

• Terminal investment in grey cement

• Establishment of health insurance

company

Energy Efficiency

• Growth in EV charging business

• Renewable capacity growth in USA

•

Advanced materials (composites and

• Health ecosystem investments with

• CVC investments in climate

sustainable chemicals)

Ageas

technologies

•

Equipment for Climate Technologies

• New opportunities through strategic

• Waste-to-Energy exploration

•

Expansion into cement-based building

partnerships

• Hydrogen refinery options exploration

materials

•

Sustainable building materials

Digital Businesses

  • Digital marketing expansion: new markets and SaaS platforms
  • Cybersecurity global expansion
  • Cloud business transformation
  • Teknosa marketplace, private label, service business
  • Carrefoursa light asset growth
  • Hyperscale cloud business provider
  • Productization @StudioDx
  • Teknosa and Carrefoursa B2B business model for SMEs
  • Transformation to "phygital" retailer

Holding

Performance Culture

Dynamic Portfolio Management

Value Creation Through Data Driven Ecosystem

Value Add

Foundation

Human capital

Attachments

Disclaimer

Haci Ömer Sabanci Holding AS published this content on 15 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2023 06:51:04 UTC.