TAV HAVALİMANLARI HOLDİNG A.Ş.

Regulatory Filings • Jan 15, 2026

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TBILISI AIRPORT CONCESSION EXTENSION

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Details of the Concession Extension

◆ TAV Airports signed a

contract for Tbilisi Airport with

the Georgian government.

concession extension

New End of

Concession December 31, 2031 (previously January 2027)

Investment Commitment 150 million USD

Investment Period 2026 - ²⁰²⁷

Fee Structure no change

Concession Rent

• ◆ 30% of passenger fee, starting in 2027 with the concession extension (the previous concession rent of 10% of landing and ground handling gross revenue canceled in the new period)
• ◆ 25 million USD of upfront payment (not to be deducted from future rent payments)

Investment Scope

• ◆ +19,500 sqm of terminal area (existing 37,500 sqm)
• ◆ +5 bridges (double capacity)
• ◆ +2 baggage carousels (double capacity)
• ◆ +7 remote parking stands
• ◆ +10 check-in counters
• ◆ +24 passport counters
• ◆ +500 car park capacity
• ◆ new commercial areas and concepts in lounge, duty free, f&b and social
• ◆ refurbishment of existing spaces
• ◆ the capacity of the airport to be increased to more than10m passengers

Dividends no interruption in dividend upstream to Holding expected

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Strong Growth Asset

Developing into a regional gateway

◆ Serving 60 airlines and 66 destinations

High passenger and EBITDA growth

• ◆ 2006 2024 passenger CAGR 12.5%
• ◆ 2006 2024 EBITDA CAGR 21.1%

Skytrax 2025 Awards

• ◆ Best Airports 2025: less than 5 million passengers
• ◆ Best Airports in Eastern Europe 2025

2025 Q3 Airport Service Quality Score

◆ 4.76 / 5.00

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Design Concepts for the Investment

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Contact IR

Ali Ozgu CANERİ

Investor Relations Coordinator ali.caneri@tav.aero Tel :+90 212 463 3000 / 10545

Besim MERİC

Investor Relations Coordinator besim.meric@tav.aero Tel :+90 212 463 3000 / 10546

IR Website http://ir.tav.aero

e-mail ir@tav.aero

Phone +90-212-463 3000 (10545-10546)

X x.com/irTAV

Address TAV Airports Holding Co.

Vadistanbul Bulvar, Ayazaga Mahallesi Cendere Caddesi

No:109L 2C Blok 34485 Sariyer/Istanbul

IR Team About TAV Airports

In addition to airport operations, TAV Airports provides auxiliary airport services including duty free, food and beverage, ground handling, IT, security and lounge services. The company provided services for 113 million passengers in 2025. The Company's shares are listed in Borsa Istanbul since February 23, 2007, under the ticker code "TAVHL".