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Forward Looking Evaluations
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Migros targets to open 200+ new stores in 2022. The Company expects to spend approximately TL 1.2 bn capital expenditures during 2022. Capex requirements include online, offline and maintenance capex as well as IT investments.

In 2022, Migros plans to hire around 8,100 new employees.

Furthermore, our company's long term sustainability targets have been reviewed. It has been resolved to set the key performance indicators ("KPIs") on electricity and water consumption, greenhouse gas emissions, food shrinkage, and the percentage of women in senior management as follows.

Topic
Base Year Target
Daily electricity consumption per m²
2019
2030: 35% ↓ reduction
Daily water consumption per m²
2019
2030: 10% ↓ reduction
Daily greenhouse gas emissions per m²
2019
2030: 35% ↓ reduction
Food shrinkage / food sales ratio (tonnage)
2018
2030: 50% ↓ reduction
Percentage of women in senior management (n & n-1)
2018
2026: reaching levels of 27-33% ↑

Our Company, which previously announced its 2021 guidance, expects its consolidated sales growth in 2021 to be around %26. The evolution of online sales channels has been continuing and the share of online sales in consolidated sales reached %15.5 (excluding tobacco and alcohol).


(In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.)