[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Forward Looking Evaluations
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Explanations
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On the 2nd March 2022, 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 2022 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 2022 are listed as follows;


Sales Growth                                                           55% (+- 5)

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

CAPEX to Sales                                                      3,2%


(*) 2022 EBITDA mar gin target reflects IFRS 16 – lease standards effects.

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