[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Forward Looking Evaluations
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On the 8th March 2021, Board of Directors decided to grant authority Haluk Dortluoğlu, Executive Committee Member and CFO, to disclose to the public the expectations of the Company for 2021 and the information regarding the reasons of the differences, in case the material differences occur between the expectations and the actuals.

In accordance with this decision, expectations for the year 2021 are listed as follows;


Sales growth                                                     20-25%

EBITDA Margin (*)                                            8,0% (+- 0,5)

Capital Expenditures                                         1.750 million TL


(*) 2021 EBITDA marg i n target reflects IFRS 16 – lease standards effects.



In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.