TEKFEN HOLDİNG A.Ş.

Environmental & Social Information • Sep 27, 2024

SUMMARY INFORMATION

Presentation Currency	1.000 TL
Financial Statement Year / Period	2024 / 6 Months
Nature of Financial Statements	Consolidated
1) Are there any activities of the company itself, partners or subsidiaries that do not comply with the Participation Finance Principles written in the article of association?	NO
2) Are there any share privileges that do not comply with the Participation Finance Principles written in the article of association?	NO
3) Does the company engage in the actions and/or transactions defined in Article 1.5 of the Standard and Article 1.D of the Guidelines?	NO
4) Does the company have activities and/or income that are directly contrary to the principles of participation finance?	NO
5) The ratio of the company's total income that do not comply with the Participation Finance Principles (%) [ (4B+4C-4D) / 4E ] * 100	1,66
6) The ratio of the company's assets that do not comply with the Participation Finance Principles (%) [ 5F-5G) / 5H ] * 100	16,58
7) The ratio of the company's liabilities that do not comply with the Participation Finance Principles (%) [ (6I-6J) / 5H ] * 100	15,62

1) Activities Written In Article Of Association That Do Not Comply With The Participation Finance Principles

	YES / NO	SECTION NUMBER
1) Does the company's, its partners' or subsidiaries' article of association include any of the activities listed in article 1.2 of the Standard?	NO
2) Does the company's, its partners' or subsidiaries' article of association allow to become a partner in companies whose activities include any of the activities listed in article 1.2 of the Standard?	NO

2) Preferred Shares and Usufruct Shares Information

	YES / NO	SECTION NUMBER
1) Are there any dividend privileges among the share groups of the company or, if any, in the usufruct shares?	NO
2) Are there any liquidation privileges among the share groups of the company or, if any, in the usufruct shares?	NO

3) Statement on Standard Article 1.5 and Guideline Article 1.D

	YES / NO	NOTE
1) Is there a disclosure to the public made by the company's authorized body or officials regarding the company's support for the actions described in Standard's article 1.5 and Guideline's article 1.D?	NO
2) Are there any decisions made by public authorities or national or international courts regarding the company's support for the acts described in Standard's article 1.5 and Guideline's article 1.D?	NO

4) Incomes That Do Not Comply With The Participation Finance Principles

A) ACTIVITIES THAT RENDER THE COMPANY DIRECTLY CONTRARY TO THE PRINCIPLES OF PARTICIPATION FINANCE PURSUANT TO GUDELINE ARTICLE 3.1

	YES / NO
1) Does the company itself, its shareholders or subsidiaries have activities and/or income for the production and trade of alcoholic beverages/foods in accordance with the Guideline's article 3.1.1?	NO
2) Does the company itself, its partners or subsidiaries have activities and/or income for the production and trade of pork products in accordance with the Guideline's article 3.1.2?	NO
3) Does the company itself, its partners or subsidiaries have activities and/or income for the production and wholesale trade of tobacco products for smoking in accordance with the Guideline's article 3.1.3?	NO
4) Does the company itself, its partners or subsidiaries have gambling or gambling-like activities and/or income in accordance with the Guideline's article 3.1.4?	NO
5) Does the company itself, its partners or subsidiaries have any financial sector activities and/or income, excluding those based on participation finance?	NO
6) Does the company itself, its partners or subsidiaries have any publishing activities and/or revenue that are contrary to morality and Islamic values in accordance with the Guideline's article 3.1.5?	NO
7) Does the company itself, its partners or subsidiaries have hotel management, tourism sector activities, various entertainment and organization activities and/or income that are incompatible with Islamic values in accordance with the Guideline's article 3.1.6?	NO

B) INCOME FROM ACTIVITIES THAT ARE NOT IN COMPLIANCE WITH THE PRINCIPLES OF PARTICIPATION FINANCE BUT ARE PERMITTED UP TO 5% IN ACCORDANCE WITH GUIDELINE ARTICLE 3.2

ITEM NAME	AMOUNT
	1.000 TL
	2024 / 6 Months
	Consolidated
1) In accordance with the Guideline's article 3.2.2, total revenue from the retail sale of tobacco products damaging to health	0
2) In accordance with the Guideline's article 3.2.3, total income from business and services provided to companies that do not operate in accordance with the principles of participation finance	0
3) In accordance with the Guideline's article 3.2.4, total rental income from companies that do not operate in accordance with the principles of participation finance	0
4) In accordance with the Guideline's article 3.2.5, total revenue from advertising, branding, sponsorship and brokerage activities	0
TOTAL	0

C) RELATED FINANCIAL STATEMENT ITEMS

ITEM NAME	AMOUNT
	1.000 TL
	2024 / 6 Months
	Consolidated
1) Other Operating Income	1.412.040
2) Finance Income	780.467
3) Investment Activity Income	165.093
4) Revenue from Finance Sector Operations	0
5) Share of Profit (Loss) of Associated and Joint Ventures Accounted for Using Equity Method	0
TOTAL	2.357.600

D) INCOME THAT COMPLY WITH THE PARTICIPATION FINANCE PRIINCIPLES THAT IS IN THE FINANCIAL STATEMENT ITEMS LISTED IN TABLE C

ITEM NAME	AMOUNT
	1.000 TL
	2024 / 6 Months
	Consolidated
1) Price difference income (The portion accounted for in the items listed in table C)	0
2) Foreign exchange gains (The portion accounted for in the items listed in table C)	1.089.355
3) Term sales income (The portion accounted for in the items listed in table C)	290.149
4) Income from participation-based assets and funds included currency protected deposit	0
5) Social security contribution income	21.295
6) Promotion income from participation banks	0
7) Customer prepayments recorded as revenue (The portion accounted for in the items listed in table C)	0
8) Provisions no longer required	709
9) Service revenue (The portion accounted for in the items listed in table C)	0
10) Rent and maintenance-repair income (The portion accounted for in the items listed in table C)	19.924
11) Warehousing income (The portion accounted for in the items listed in table C)	0
12) Compensation and penalty income	5.166
13) Insurance damage compensation income	0
14) Lawsuit income	0
15) Dividend income from companies whose activities comply with the participation finance principles	33.584
16) Total of other income that comply with the participation finance principles not listed above (The portion accounted for in the items listed in table C)	389.247
TOTAL	1.849.429

Explanation for the article 16 above

4.531 bin TL Devlet Teşvikleri ve Gelirleri 88.700 bin TL Hurda Satış Gelirleri 77.688 bin TL Sabit kıymet satış karı 218.328 bin TL Yabancı para çevrim farkı geliri -61.038 binTL Grup'un yatırım yaptığı ve özkaynak yöntemiyle değerlediği inşaat sektöründe faaliyet gösteren bir şirket katılım esası rehberine göre değerlendirilmiş olup buradan gelen kar/zararların katılım finansı ilkelerine uygun olduğunda kanaat getirilmiştir.

E) TOTAL INCOME

ITEM NAME	AMOUNT
	1.000 TL
	2024 / 6 Months
	Consolidated
1) Revenue	28.288.996
2) Other Operating Income	1.412.040
3) Finance Income	780.467
4) Investment Activity Income	165.093
5) Revenue from Finance Sector Operations	0
6) Share of Profit (Loss) of Associates and Joint Ventures Accounted for Using Equity Method	0
TOTAL	30.646.596

5) Assets That Do Not Comply With The Participation Finance Principles (F-G)

F) RELATED FINANCIAL STATEMENT ITEMS

ITEM NAME	AMOUNT
	1.000 TL
	2024 / 6 Months
	Consolidated
1) Cash and cash equivalents	6.605.269
2) Financial Investments (Total of Those Classified in Current and Noncurrent Assets)	3.976.733
3) Derivative Financial Assets (Total of Current and Noncurrent Assets)	0
4) Receivables From Financial Sector Operations (Total of Current and Noncurrent Assets)	0
5) Investments Accounted For Using Equity Method	1.866.955
6) Investments In Subsidiaries Joint Ventures And Associates	0
TOTAL	12.448.957

G) ASSETS THAT COMPLY WITH THE PARTICIPATION FINANCE PRINCIPLES THAT IS IN THE FINANCIAL STATEMENT ITEMS LISTED IN TABLE F

ITEM NAME	AMOUNT
	1.000 TL
	2024 / 6 Months
	Consolidated
1) Checks	0
2) Cash	6.729
3) Demand deposits	915.690
4) Total invested amount in participation-based financial instruments (Lease certificates, sukuk, profit share deposit included currency protected deposit)	0
5) Shares in subsidiaries joint ventures and associates complying with the participation finance principles	0
6) Credit card receivables	1.918.233
7) Total of other assets that are considered as compliying with the participation finance principles not listed above (The portion accounted for in the items listed in table F)	0
TOTAL	2.840.652

Explanation for the article 7 above

H) TOTAL ASSETS

ITEM NAME	AMOUNT
	1.000 TL
	2024 / 6 Months
	Consolidated
TOTAL ASSETS	57.937.362

6) Liabilities That Do Not Comply With The Participation Finance Principles (I-J)

I) RELATED FINANCIAL STATEMENT ITEMS

ITEM NAME	AMOUNT
	1.000 TL
	2024 / 6 Months
	Consolidated
1) Current Borowings	6.286.790
2) Current Portion Of Noncurrent Borrowings	738.852
3) Noncurrent Borrowings	2.744.463
4) Derivative Financial Liabilities (Total of Those Classified in Current and Noncurrent Liabilities)	204.237
5) Payables On Financial Sector Operations (Total of Those Classified in Current and Noncurrent Liabilities)	0
6) Other Payables (Total of Those Classified in Current and Noncurrent Liabilities)	754.031
TOTAL	10.728.373

J) LIABILITES THAT COMPLY WITH THE PARTICIPATION FINANCE PRINCIPLES AND LISTED IN THE TABLE I

ITEM NAME	AMOUNT
	1.000 TL
	2024 / 6 Months
	Consolidated
1) Lease Liabilities (Total of Those Classified in Current and Noncurrent Liabilities)	293.339
2) Bank Loans From Participation Banks	859.291
3) Issued Debt Instruments in interest-free instruments e.g.lease certificates, sukuk	0
4) Total of other debts that are considered as complying with the participation finance principles not listed above (The portion accounted for in the items listed in table I)	525.834
TOTAL	1.678.464

Explanation for the article 4 above	Ödenecek vergi ve fonlar 294.136 bin TL Alınan depozito ve teminatlar (KV) 6.442 bin TL İntifa senetleri makul değeri 204.739 bin TL Alınan depozito ve teminatlar (UV) 20.517 bin TL