Sdt Uzay Ve Savunma Teknolojileri A.s. · BIST:SDTTR
Sdt Uzay Ve Savunma Teknolojileri A.s — Investor Presentation (May 2026)
60 slides from Sdt Uzay Ve Savunma Teknolojileri A.s's investor presentation, May 4, 2026
Slide 1: Investor Presentation 04 May 2026
INVESTOR PRESENTATION 04 May 2026 Wyndham Grand Hotel & Conference Center Levent, İstanbul, Türkiye
Slide 2: Table of Contents
Industry Introduction SDT Corporate Profile Business Operations Table of Sustainability Initiatives Contents Group Companies Structure Financial Highlights Strategy & Objectives
Slide 3: Industry Introduction
Industry Introduction —SvDT UZAY & SAVUNMA TEKNOLOJILERI
Slide 4: Global Defence Expenditures (1/2)
Global Defence Expenditures (1/2) USD Billion 2.886 3000 2.692 2500 2000 1500 Africa Middle East 1000 Europe 500 Americas Asia & Oceania 0 Source: SIPRI Military Expenditure Database, April 2026. 4/60
Slide 5: Global Defence Expenditures (2/2)
Global Defence Expenditures (2/2) 60% USD Billion 954 50% 1.000 50% 2025 Defence Expenditures Change in Defence Expenditures 800 40% Compared to 2024 600 30% 24% 23% 23% 20% 20% 400 336 20% 14% 190 11% 10% 200 9% 10% 7% 7% 114 92 89 6% 84 83 68 62 3% 3% 48 48 48 47 40 37 35 30 29 25 1% 1% - 0% U.S.
Slide 6: Defence Expenditures of NATO Member States
Defence Expenditures of NATO Member States 2025 Projections GDP (%) NATO Minimum Threshold (2% of GDP)) Source: Atlantic Council (2026) 6/60
Slide 7: Türkiye's Defence Expenditure
Türkiye’s Defence Expenditure USD Billion 35,0 3,0% 2,6% 30,0 30,0 2,5% 2,5% 25,0 25,0 2,2% 2,0% 2,0% 1,9% 2,0% 20,5 1,8% 19,6 1,8% 19,2 20,0 17,8 1,8% 17,6 1,6% 15,7 15,8 1,7% 1,5% 15,2 15,0 15,0 1,0% 10,0 0,5% 5,0 0,0 0,0% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Defense Expenditure
Slide 8: Türkiye Defence Budget Projections (2025–2026)
Türkiye Defence Budget Projections (2025–2026) TRY 1.60 Trillion TRY 2.1 Trillion 11.4% of the Increase Rate: 34%% Central Government Budget 2025 Budget 2026 Budget Source: Citizen’s Budget Guide, 2026 Central Government Budget – Presidency of Strategy and Budget of the Republic of Türkiye, 2026 8/6
Slide 9: Türkiye Defense and Aerospace Industry Exports
Türkiye Defense and Aerospace Industry Exports USD Million 12.000 USD Million 10.016 1.200 10.000 Turkish 1.000 8.000 Defens 6.734 884 800 6.000 e5.546 and 611 583 4.396 Aerosp 600 535 435 4.000 ace 385 400 Industr 2.000 1.704 1.729 200 - y - 2022 2023 2024 2025 2025 2026 January February March Expo
Slide 10: SDT Corporate Profile
SDT Corporate Profile —SvDT UZAY & SAVUNMA TEKNOLOJILERI
Slide 11: SDT – Company Profile
SDT – Company Profile Founder Mehmet DORA Date of 11 February 2005 Establishment To create sustainable value through innovative Mission products and services in the defence, aerospace, and space industries To evolve into a globally recognized technology Vision company Fields of Defence & Aerospace (
Slide 12: Quality Standards and Certifications
Quality Standards and Certifications • Approved Supplier to the Turkish Ministry of National Défense (MSB) • SSB EYDEP-A Certification (Presidency of Défense Industries–SSB) • National and NATO Facility Security Clearance • International Quality Standards & Certifications • AS9100D • CMMI Maturity L
Slide 13: Current Shareholding Structure
Current Shareholding Structure 1.347.500 4.060.000 2% 7% 15.990.000 28% Capital 36.602.500 58.000.000 TL 63% Mehmet DORA Public Float Venture Capital Fund Other Shareholders 13/60
Slide 14: Milestones
Milestones Domestic and International Serial Production Establishment of Contracts for Liaison Offices in Live Combat Malaysia and Land Training Pakistan First Prime Allocation at Systems for Air 2024 Contractor Role in HAB for Platforms a Turnkey Campus Simulation Project Development 2022 for the T
Slide 15: Group Companies, Strategic Partnerships & International Offices
Group Companies, Strategic Partnerships & International Offices Naval Warfare Modelling & Simulation RF Jammer Systems Systems 50%-50% Joint Venture Partnership 100% Ownership Navigation Systems & Aerodynamic Design Precision Mechanical Manufacturing for the R&D and Exclusive Product Development Aut
Slide 16: Board of Directors & Senior Management
Board of Directors & Senior Management Mehmet DORA Chairman of the Board Beril DORA M. Fatih ÜNAL Vice Chairman of the Board B.A. in Economics – Istanbul University Board Member B.Sc. in Electrical & Electronics Engineering – Middle B.A. in Economics and Politics – Northwestern East Technical Univer
Slide 17: Current Demographic Structure
Current Demographic Structure Gender Distribution %27 %73 FEMALE MALE EMPLOYEES: EMPLOYEES:199 76 Distribution by Employment Category Company-Wide Educational Background Distribution COMPANY OVERALL Office Management 1% Doctorate 1% Labor 2% White-Collar Master’s 71% 25% Technician Employees: 195 26
Slide 18: Business Operations
Business Operations —SvDT UZAY & SAVUNMA TEKNOLOJILERI
Slide 19: Business Operations
Business Operations Guidance Kits and Electronic Training and Image and Data Avionics and Warfare and Simulation Processing Mechatronic Missile Counter-Drone Systems Software Systems Subsystems Systems Manufacturing, Qualification, and Testing Services 19/60
Slide 20: Training and Simulation Systems
Training and Simulation Systems Air Combat Training Systems ACMI Live Air Combat Training Pod and Ground System Naval Combat Training Systems Embedded Training System (ETS) Data Link DEHOS – Naval Warfare Simulation System Land Combat Training Systems MuharebeSim – Squad-Level Light Weapons Training
Slide 21: Image and Data Processing
Image and Data Processing Image Processing and Data Science / Artificial Intelligence (AI) Software Seismic Data Processing & GÖRGÜÇ – AI-Based Image Spatial Map Management Satellite Ground Station and Processing System Software SAR Sensor Solutions Ground Station Mission Planning and ORHUN – Nation
Slide 22: Avionics and Mechatronic Systems
Avionics and Mechatronic Systems Avionics Systems Mechatronic Systems Platform Management and Control Systems Flight Control Stick Data Recording Systems Throttle Control Lever Weapon Control and Interface Units Aircraft Arresting Systems Payloads and Ground Control Systems 22/60
Slide 23: Guidance Kits and Missile Subsystems
Guidance Kits and Missile Subsystems Guidance Kits • Manufacturing and Integration Missile Subsystems • Winged Guidance Kit & Precision Guidance Kit Video Encoding & Analysis Solutions (MK-82, MK-83, MK-84) Image Conversion Unit Subsystems Fire Control Units Embedded GPS/INS ANS – Inertial Navigatio
Slide 24: Electronic Warfare and Counter-Drone Systems
Electronic Warfare and Counter-Drone Systems RF Jammer Systems Counter-Drone Systems Fixed Tactical Mobile Anti-Drone Rifle System Backpack AVCI – Counter-Drone Vehicle-Mounted System Portable Bag-Type Systems Combat Intelligence Systems Mini COMINT System UAV COMINT Antenna and RF Switching System
Slide 25: Electronics Manufacturing, Assembly & Cabling
Electronics Manufacturing, Assembly & Cabling AUTOMATED ASSEMBLY LİNE-1 AUTOMATED ASSEMBLY LİNE-2 X-RAY INSPECTION OPTICAL INSPECTION FLYING PROBE TESTING ELECTRONICS MANUFACTURING ELEKCTROMECHANICAL ASSEMBLY CABLING CLEAN ROOM FACILITIES 25/60
Slide 26: Testing and Qualification Services
Testing and Qualification Services ESS (Environmental Stress Screening) EMI/EMC Testing VIBRATION TESTING SEALING & RAIN TESTING 26/60
Slide 27: National References
National References Government Authorities Stakeholders 27/60
Slide 28: International References
International References Pakistan South Korea Italy Tanzania Libya Nigeria United Malaysia Kingdom Burkina Chad Faso 28/60
Slide 29: Sustainability Initiatives
Sustainability Initiatives
Slide 30: Technology Supporting Sustainability
Technology Supporting Sustainability Key Objectives • LEED Certification at HAB • Carbon Footprint Measurement ENVIRONMENTAL • Reduction of Single-Use Plastics • Water and Waste Management • Electric Vehicle Charging Stations • Enhancement of Employee Training Programs Customer SOCIAL • Diversity, E
Slide 31: Sustainability Roadmap
Sustainability Initiatives Sustainability Roadmap Sustainability Approach Report – November 2024 Sustainability Strategy Governance Framework Sustainability Targets First Voluntary TSRS-Compliant Report – October 2025 Subject to a Limited Assurance Review by an Independent Audit Firm Compliant with
Slide 32: Group Companies Structure
Group Companies Structure —SvDT UZAY & SAVUNMA TEKNOLOJILERI
Slide 33: BKM – Company Profile (1/3)
BKM – Company Profile (1/3) Date of 13 October 2005 Establishment Shareholding SDT %95, Emel Taşyakan %5 Structure To realize the vision by providing and implementing highly skilled employees, a Mission state-of-the-art machine park, and modern management systems To become a leading and preferred ma
Slide 34: BKM – Company Profile (2/3)
BKM – Company Profile (2/3) Quality and Certifications Current Demographics SSB EYDEP-C Certification Total Number of Employees: 91 National and NATO Facility Security Management & Administrative: 27 Clearance Production: 48 International Quality Standards & Program Management & Quality: 16 Certific
Slide 35: BKM – Company Profile (3/3)
BKM – Company Profile (3/3) Capabilities Products Mechanical Design Helicopter and UAV Landing Gear Systems Precision Mechanical Manufacturing & Helicopter Main and Tail Rotor Components Machining Aircraft Engine Components Mechanical Assembly Shock Absorption, Recoil, and Stabilization Aluminium Ca
Slide 36: Sirius – Company Profile
Sirius – Company Profile Date of 14 September 2023 Establishment Shareholding SDT %40, Mehmet Dora %20, Others %40 Structure To design and deliver high-quality avionics, navigation systems, Mission and HDB solutions for business partners developing land, naval, and air platforms To become the larges
Slide 37: Financial Highlights
Financial Highlights —SvDT UZAY & SAVUNMA TEKNOLOJILERI
Slide 38: Comparative Income Statement
Comparative Income Statement TL (Million) 2024 2025 Variance Q1 2025 Q1 2026 Variance Net Sales 2.641 2.377 % -10 223 507 % 127 Cost of Goods Sold (COGS) -2.023 -1.779 % -12 -136 -304 % 124 Gross Profit 619 598 % -3 88 202 % 131 Gross Profit Margin % 23,4 % 25,2 % 7,7 % 39,2 % 39,9 % 1,7 Operating E
Slide 39: Breakdown of Consolidated Net Sales
Breakdown of Consolidated Net Sales 2025 Net Sales Net Sales Net Sales Net Sales Breakdown (TRY Million) (TRY Million) Contribution Contribution (%) 61 5 SDT 1.968 1.968 82,8% 342 SDT-TAMGÖR 684 342 14,4% BKM 61 61 2,6% Cey 5 5 0,2% 1.968 Sirius 44 - - SDT SDT–TAMGÖR Joint Ventures BKM Bursa CEY TOT
Slide 40: Comparison of Net Sales for the First Quarter Over the Past 4 Years
Comparison of Net Sales for the First Quarter Over the Past 4 Years (TRY Million) 3.000 2.641 2.500 2.371 2.377 548 2.000 822 1.047 819 1.500 709 1.000 648 826 507 500 378 622 448 507 298 223 - 2023 2024 2025 2026 1Q 2Q 3Q 4Q Amounts for fiscal years 2023, 2024, and 2025 have been adjusted to reflec
Slide 41: Comparison of Domestic and International Sales
Comparison of Domestic and International Sales Performance Over the Past 3 Years (TRY Million) First-Quarter Performance Over the Past 2 Years (TRY Million) 3.000 600 4 2.660 135 (1%) 2.434 2.380 (6%) 2.500 571 500 (21%) 2.000 934 400 (39%) 19 1.500 300 (9%) 508 2299 (99%) 2089 1.000 (94%) 200 (79%)
Slide 42: Comparison of Net Sales, EBITDA, and Net Income (1/2)
Comparison of Net Sales, EBITDA, and Net Income (1/2) TRY Million 3.000 2.641 2.700 2.371 2.377 2.400 2023 2.100 Performance Overview for the Last 3 Years and Q1 2026 2024 1.800 2025 1.500 Q1 2026 1.200 900 741 670 600 507 358 294 300 140 14 33 16 0 Net Sales EBITDA Net Profit/Loss EBITDA Margin (%)
Slide 43: Comparison of Net Sales, EBITDA, and Net Income (2/2)
Comparison of Net Sales, EBITDA, and Net Income (2/2) TRY Million 650 Q1 2024 507 500 448 First-Quarter Performance Over the Past 3 Years Q1 2025 350 Q1 2026 223 200 140 30 6 16 50 -100 Net Sales EBITDA Net Profit/Loss -78 -250 -179 EBITDA Margin (%) 40,0% 30,0% 27,6% 20,0% 10,0% 6,8% 2,6% 0,0% Q1 2
Slide 44: Comparison of R&D Expenditures
Comparison of R&D Expenditures TRY Million Last 3 Years and Q1 2026 2.800 2.641 10,0% 2.371 2.377 9,0% 2.400 8,0% 2.000 7,0% 6,0% 1.600 5,0% 1.200 4,0% 800 3,0% 507 2,0% 1,4% 400 0,8% 1,0% 0,7% 1,0% 34 22 24 4 - 0,0% 2023 2024 2025 Q1 2026 Net Sales R&D Expenditures % R&D Expenditures/Net Sales Reve
Slide 45: Comparative Balance Sheet
Comparative Balance Sheet 2.862 Equity for the Last 3 Years Total Aktif Assets for the LastTL) Büyüklük(Milyon 3 Years and Q1 2026 and Q1 2026 4.601 4.566 4.529 2.682 2.697 TRY Million 2.656 4.146 TRY Million 2023 2024 2025 Q1 2026 2023 2024 2025 Q1 2026 2023 2024 2025 Q1 2026 Liquidity Current Rati
Slide 46: Cash Flow for the First Quarter of 2026
Cash Flow for the First Quarter of 2026 46/60
Slide 47: 2026 SDT Backlog
2026 SDT Backlog USD Million Oran April 2026 Backlog Distribution by Product Family 20,0 25,0% 18,3 M 18,0 % 16,3 M 21,5 16,2 M 16,0 20,0% % % 19 14,0 19,1 12,0 15,0% 10,0 9,9 M % 8,4 M 8,0 7,9 M 10,0% 11,6 % 9,9 % 9,3 6,0 4,5 M 3,8 M 4,0 5,0% %5,2 % 4,5 2,0 - 0,0% Güdüm Sistemleri Uydu Yer İstasyon
Slide 48: SDT Credit Rating Assessment
SDT Credit Rating Assessment Credit Rating Agency JCR Eurasia Rating Inc. Long-Term National Corporate Credit Rating AA+ (tr) / Stable Outlook Short-Term National Corporate Credit Rating J1+ (tr) / Stable Outlook Long-Term International Foreign Currency Corporate BB / (Stable Outlook Credit Rating L
Slide 49: Strategy & Objectives
Strategy & Objectives —SvDT UZAY & SAVUNMA TEKNOLOJILERI
Slide 50: 2025 Target Analysis
2025 Target Analysis 2025 (Target) 2025 (Actual) Net Sales (TRY Million) 2.500 2.160 * EBITDA Margin (%) 20-25 12,4 Export-to-Revenue Ratio (%) 30 6 Dividend (Distributable Profit Ratio %) ≥ 35 ≥ 35 Number of Employees** 288 258 Revenue per Employee*** (USD Thousand) 235 202 Female Employee Ratio (%
Slide 51: Strategic Objectives
Strategic Objectives TECHNOLOGICAL FOCUS ON GROWTH COST EFFICIENCY ADVANCEMENT PRODUCTION Organic and Inorganic Enhancing Operational Innovation Roadmap Increasing Production Growth Efficiency Exclusive Product Capacity at the New Expansion of Business Revenue and Profitability Development Campus Vo
Slide 52: 2026–2030 Strategic Plan Performance Targets
2026–2030 Strategic Plan Performance Targets Years 2026 2027 2028 2029 2030 Finance Business Volume (Backlog) (USD Million) 102 167 198 221 253 Revenue (USD Million) 72 83 95 110 126 Revenue per Employee (USD Thousand) 246 257 269 275 280 International Revenue / Revenue (%) 15 20 30 40 50 EBITDA (%)
Slide 53: HAB Campus Investment Schedule
HAB Campus Investment Schedule August 2020, September 2022, October 2023, Q4 2026, Allocation of 30,000 m² Land Construction Permit Commencement of Relocation to Construction for 16,000 m² HAB Campus Indoor Facility March 2025, Completion of Structural Construction July 2022, Investment Incentive Se
Slide 54: HAB Campus
—HAB Campus —— 54/60 —SvDT UZAY & SAVUNMA TEKNOLOJILERI
Slide 55: Key Drivers Supporting the Investment
Key Drivers Supporting the Investment SDT’s Consistent Growth Pattern and Objectives Additional Facility Space Requirements Expansion of Capabilities Through New Technologies Increasing Diversification of Business Activities and Product Portfolio Positioning the Company to Serve as an Integrator in
Slide 56: Projected Capacity Following the HAB Investment
Projected Capacity Following the HAB Investment Investment Facility Information Investment Zone Ankara Uzay ve Havacılık İhtisas Organize Sanayi Bölgesi (HAB) Total Land Area 30.376 m2 Total Indoor Area 16.224 m2 Land Allocation Date 07 August 2020 Construction Permit Date 28 September 2022 Estimate
Slide 57: HAB Investment – Investment Incentive Certificate
HAB Investment – Investment Incentive Certificate Certified Investment Amount TRY 517.686.240 Investment Contribution Rate (%) % 40 Total Investment Contribution Amount TRY 207.074.496 Total Utilized Investment Contribution Amount TRY 19.530.749 Remaining Investment Contribution Amount TRY 187.543.7
Slide 58: Üniversiteler Mahallesi İhsan Doğramacı Bulvarı No:37/1 Çankaya -ANKARA
Üniversiteler Mahallesi İhsan Tel: (312) 210 10 15 – Pbx Doğramacı Bulvarı No:37/1 Faks: (312) 210 11 21 Çankaya -ANKARA info@sdt.com.tr sdt.com.tr © SDT Uzay ve Savunma Teknolojileri A.Ş. Tüm Hakları Saklıdır. Bu doküman ve içerdiği tüm bilgiler SDT’nin fikri mülkiyetidir. This document and all inf
Slide 59: Legal Disclaimer
LEGAL DISCLAIMER This presentation contains information regarding SDT Uzay & Savunma Teknolojileri A.Ş. (“SDT” or the “Company”), analyses of financial statements, and the views of the Company’s management reflecting forward-looking expectations concerning events anticipated to occur in the future.
Slide 60: Legal Disclaimer
LEGAL DISCLAIMER Pursuant to the Capital Markets Board (“CMB”) Bulletin No. 2023/81 dated 28.12.2023, it was publicly announced that issuers and capital market institutions subject to the CMB’s financial reporting regulations are required to implement inflation accounting in accordance with the prov
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