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TURCAS PETROL A.Ş.

Investor Presentation Nov 5, 2024

8931_rns_2024-11-05_5a6c80d0-5506-45b0-b183-2f24a0cce564.pdf

Investor Presentation

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2024 GUIDANCE vs REALIZATIONS (as of end of 3Q24)

2024 Guidance vs Realizations as of end of 3Q24

Guidance
(as of 18 April
2024)
Updated guidance
(as of 05 November
2024)
Difference Realizations (as of end
of 3Q2024)
Unit
Cash Inflows
From Subsidiaries
Shell & Turcas -
Preferred Dividend (8 MM \$) + BPA
Revenue (7.6
MM \$)
(BPA Revenue collected in March, Preferred Dividend collected in
June)
15.6 15.6 0.0 15.6 MM
USD
Shell & Turcas –
Ordinary Dividend (Turcas Share)
(30 MM TL collected in March, 90 MM TL collected in June, 180 MM
TL collected in October)
60 300 240 300 MM TL
RWE & Turcas –
Ordinary Dividend (Turcas Share)
30 30 0 0 MM TL
Operational Projections for RWE&Turcas
RWE & Turcas –
2024 Electricity Generation Forecast (Reason for
revision is the slightly improving market conditions)
~2,800 ~2,850 50 2,318 GWh
Denizli
CCPP Loan Repayments
Early and Scheduled Principal Repayments of Denizli
CCPP PF
Loans (The loan has been closed as of 30 September 2024)
9.3 12.3 3.0 12.3 MM
EUR
Turcas Cash Position / Indebtedness
Year End Net Cash
Forecast –
(YE Cash Balance –
Debt Balance)
(without taking into consideration any potential advance dividend
distribution by Turcas in 2024)
4.0 10.2 6.2 6.3 MM
EUR

Note: Guidance figures reflect Turcas' expectations as of the disclosure date and may need to be revised depending on the macroeconomic conditions and operational performance of the Subsidiaries.

Thank you!

Contact Information

Mert GÖKNAR

Finance Director E-mail: [email protected] Phone: +90 212 259 00 00 / Ext: 1243

Arif ŞAHİN

Corporate Finance and Investor Relations Manager

E-mail: [email protected]

Phone: +90 212 259 00 00 / Ext: 1238

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