TÜRK HAVA YOLLARI A.O.

Transaction in Own Shares • Feb 14, 2023

Summary Info	Launch of a Share Buy-back Program
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Reason of Correction	Utilizing the advantages of Capital Market Board's announcement dated 14.02.2023

Company Performs the Buy-Back	TÜRK HAVA YOLLARI A.O.
Company Subject to Buy-Back	TÜRK HAVA YOLLARI A.O.

Type Of Buy-Back	Within The Frame Of Buy-Back Program
Board Decision Date	14.02.2023
If Any, Duration Of Buy-Back Program	3 (three) calendar years starting from the date of approval by the Board of Directors.
Maximum Number Of Shares To Be Acquired	69.000.000
Total Amount Of The Fund Set Aside For Acqusition	9.000.000.000

Scheduled Period Of Buy-Back

Code of Share Subject to Buy-back	Starting Date Of Period	Ending Date Of Period	Nominal Value (TRY)	Ratio To Capital (%)
A Grubu, THYAO, TRATHYAO91M5	14.02.2023	31.12.2025	69.000.000	5

Additional Explanations

In accordance with the Capital Market Board's Communique II-22.1 on Share Buy-backs and the related announcement dated 14.02.2023, in order to contribute to the fair price formation of our share, our Board of Directors decided to;

- Launch a Share Buy-back program covering 3 calendar years,

- Allocate a maximum of 9,000,000,000 TL for share buy-backs from our cash portfolio, while limiting the number of shares that may be subject to buy-back be at most 5% of the issued share capital,

- Inform the shareholders about buy-back transactions in the first upcoming General Assembly.