[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_ForwardLookingEvaluationsAbstract|
Forward Looking Evaluations
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Evet (Yes)
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Hayır (No)
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Date Of The Previous Notification About The Same Subject
11.02.2021
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Announcement Content
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Explanations
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2021 expectations are given below;

Med Complex Margin

Med Complex Refining Margin expectation is 0.0 – 0.5 $/bbl (no change)

Tüpraş Net Margin

Tüpraş Net Refining Margin expectation is 2.5 – 3.5 $/bb l (no change)

Operational Targets

Capacity utilization: 85-90% (previously: 90%-95%)

Production: ~ 25-26 million tons (previously: 26-27)

Total Sales: ~26-27 million tons (no change)

Investments

Total investments expectation is ~200 Million $ (no change)

Due to the slower recovery in the demand for some products during the normalization period, revisions were made in our capacity utilization and production figures that we forecasted at the beginning of 2021.

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