Turk Hava Yollari A.o. · BIST:THYAO
Turk Hava Yollari A.o — Turkish Airlines — Investor Presentation (2023)
19 slides from Turk Hava Yollari A.o's investor presentation, 2023
Slide 1: From Boutique to the Top 2023-2033
» FROM BOUTIQUE < TOTHE TOP | 102 2023 2033 = ji “a es)
Slide 2: Available Seat Km
Available Seat Km 500 400 300 200 100 2000 2003 Pax 10M Dest. 106 ASK* 39. 2005 2010 2023 Pax 85+M Dest. 350 ASK 3. - a a ry Recovery From the Pandemic 2015 2020 “International ASK Ranking 2025 2030 2033 Pax 171M Dest. 400 ASK 2. 2035
Slide 3: Turkish Airlines at a Glance
Turkish Airlines at a Glance Number of Aircraft 2023 2033 435 813 Cargo Carried (Mn Ton) 39 x Passengers (Mn) 16.4 x ——____—_+ 2003 2023 2033 Revenue (Bn USD) 291x 2023 2033 19+ 52.2 20.5 x 2023 2033 235+ 492 Added Value (Bn USD) 29 x —_____. 2003 2023 2033 s 56 144 International Destinations 4.5x 2
Slide 4: Sustainable Growth: Our Journey from boutique to the top
Sustainable Growth: Our Journey from boutique to the top 876 1991 oy 10022 895 616 1414 651 652 Z -255 312 468 45: an 71 A H 2,779 2016 2020 2006 007 108 009 ASK (Bn) @ Profit From Main Operations (Mn USD)
Slide 5: Our Roadmap to 2033
—— Our Roadmap pe to 2033
Slide 6: The aviation industry has always bounced back and continued to grow
20 05 00 The aviation industry has always bounced back and continued to grow despite being affected by global crises 2023 - 2033 WORLD cack 4.8% 2004 - 2019 1989 - 2004 WORLD ice | WORLD cacr 5.7% car 7.6% cacR 4.0% TK ea? -_ Our _ cacr 15.1% + c Market cAGR 91% Share oN Financial Crisis Asian Crisi
Slide 7: Our most valuable asset is our people
Our most valuable asset is our people TURKISH AIRLINES TURKISH TECHNIC Degree Num. of Employees Degree Num. of Employees Bachelor's 18,557 Bachelor's 5,410 MSc 3,502 MSc 521 PhD 95 PhD 13 Title Seniority Title Seniority C-Level 14.4 C-Level 8.7 SVP and VP 13.6 SVP and VP 14.4 Manager 11.4 Manager 13
Slide 8: Our Award Winning Service Quality
Our Award Winning Service Quality Beaies Tirkiye's Z Most Valuable Brand Most Sustainable Best Airline in Europe World Class Airline Flag Carrier Airline CAPA Environmental Sustainability Innovation Business Class Catering Five Star Global Airline Freightweek Sustainable Cargo Airline Best Airline i
Slide 9: We will rank among the top airlines globally in digitalization within 3 years
We will rank among the top 3 airlines globally in digitalization within 3 years Average 0.4 KLM 0.548 ° SAS 0.486 ° Lufthansa 0.476 ° Eurowings 0.449 British Airways 0.447 ° Air France 0.443 . easylet 0.432 ° Vueling 0.426 ° Alaska 0.424 EEE —_—____=_ Iberia 0.406 JetBlue 0.405 Norwegian 0.403 Unite
Slide 10: Passenger Satisfaction
Passenger Satisfaction CHECK-IN BOARDING TRANSFER : LOUNGE CABINCREW WIFI IFE SEAT BC kk kd BC ka KY @® wraay BC ok kk ' CC AKKKK Bk kk BC kk kk ie a a a od BK KK KY 3.6 Ek kk fk * ' BC kk KY Cc kkk EC kk Kk : 4 ' kk KY rk kkk BC kk kK I PHASE1 BC kkk BC kk kk te - ERK AKI! BC kkk BC kk ke KY BC ok
Slide 11: We Will Become the Most Prestigious Airline in the World
We Will Become the Most Prestigious Airline in the World CUSTOMER EXPERIENCE Cabin Transformation (Seat, WI-FI, IFE) Offering internet service on all our aircraft Standardizing our business class seats Renewing approximately 30 thousand seats fh Increasing the Number of International Lounges * Openi
Slide 12: AnadoluJet Strategy
AnadoluJet Strategy 2019 2022 2023 2024 2026 2028 Dom&intl 939% - 7% 38% - 62% 49% - 51% 27% - 73% ASKShare om int
Slide 13: AnadoluJet Strategy
INCORPORATION Strengthened Competitive Positioning with Lower Costs Corporate Identity Creation Through Brand Repositioning Diversified Customer Portfolio and Market Structure AnadoluJet Strategy FLEET RENEWAL 2022 2033 64. 200 aircraft aircraft New Generation Fleet 65% 98% 2024 2028 A) New Generati
Slide 14: Our Cargo Strategy
Our Cargo Strategy Top 3 in Market Share and Service Quality by 2028 Cargo Carried (Mn Ton) 2015-2022 CAGR TK 12.9% World 2.1% 2018 2019 «2020-2021 2022 2023 9.6 Bn USD Ecosystem & Cargo Revenue oO =, a= @ & Increasing our reach from 104 destinations to 150 by 2033 Doubling SmartIST capacity Introdu
Slide 15: New Generation Aircraft, SAF, Consumption
New Generation Aircraft SAF Consumption Our fleet is expected to Actively using Sustainable comprise 75% new generation | Aviation Fuel (SAF) on routes aircraft by 2033, which emit 15-25% less carbon compared to old generation aircraft. to Paris, Oslo, Gothenburg, Copenhagen, Brussels, Stuttgart, St
Slide 16: Aircraft fleet targets
700. 800. AIRCRAFT AIRCRAFT 100. —— AIRCRAFT AIRCRAFT AIRCRAFT AIRCRAFT AIRCRAFT AIRCRAFT
Slide 17: Added Value to Türkiye's Economy
Added Value to Tiirkiye’s Economy 2023 - 2033 Total Contribution: 1.1 TRILLION USD 2023 2028 2033 99.6 100.7 143.9 MILLION (uso) BILLION (uso) MILLION (uso) Direct Direct Direct 19+ 36.6 52.2 Service Export Service Export Service Export 16.2 29.9 43.8 Supply Chain Supply Chain Supply Chain 17 29.8 4
Slide 18: 59th Largest Economy of The World
59th Largest Economy of The World BILLION (USD) Direct 52.2 Service Export 43.8 Supply Chain 41.7 Induced 6.2 MILLION (Employment) TK Employee 130 K Supply Chain 310 K Tourism 600 K
Slide 19: Thank You
Thank You