[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[TRCAS]
Related Funds
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English

oda_CorporateGovernanceComplianceRatingSubAbstract|
Corporate Governance Compliance Rating
oda_dummyLineItems|
Announcement Content
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
-
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_TitleOfRatingCompany|
Title of Rating Company
Kobirate Uluslararası Kredi Derecelendirme ve Kurumsal Yönetim Hizmetleri A.Ş.
oda_BeginningDateOfAgreement|
Beginning Date of Agreement
20/01/2017
oda_EndingDateOfAgreement|
Ending Date of Agreement
20/01/2018
oda_BeginningDateOfRatingNotesValidity|
Beginning Date of Rating Note's Validity
03/03/2017
oda_ExplanationAbtsract|
Explanation
oda_ExplanationTextBlock|
Corporate Governance Rating Score of our Company has been increased to 9.48 from 9.35 (out of 10) by Kobirate Uluslararası Kredi Derecelendirme ve Kurumsal Yönetim Hizmetleri A.Ş. (Kobirate), following annual performance appraisal measuring compliance with Corporate Governance Principles published by Capital Markets Board. Accordingly, Turcas Petrol A.Ş. ("Turcas") ranks 9th out of 49 listed companies in Borsa İstanbul Corporate Governance Index (previous ranking: 17th). As of today, Turcas has the highest corporate governance rating score among energy companies in Corporate Governance Index.

Rating score breakdown (out of 100) according to main sections is as follows: Shareholders (94.53), Public Disclosure and Transparency (95.84), Stakeholders (95.98) and Board of Directors (93.87).

Detailed Corporate Governance Rating report prepared by Kobirate will be published on the website of our Company (www.turcas.com.tr).

Shareholders
Public Disclosure and Transparency
Stakeholders
Board of Directors
Corporate Governance Compliance Rating Note

oda_CorporateGovernanceApplianceRatingNoteAbstract|
Corporate Governance Compliance Rating Note
oda_weight|
Weight
% 25
% 25
% 15
% 35
oda_Note|
Note
94,53
95,84
95,98
93,87
94,84