Turkiye Sise Ve Cam Fabrikalari A.s. · BIST:SISE

Turkiye Sise Ve Cam Fabrikalari A.s — Şişecam — H1 2026 Earnings Presentation

16 slides from Turkiye Sise Ve Cam Fabrikalari A.s's earnings presentation, Aug 17, 2026

  1. Slide 1: Analyst & Investor Call H1'26

    Analyst & Investor Call H1’26 August 17, 2026

  2. Slide 2: Content

    Content H1'26 Key Financial Results Liquidity & Capital Allocation H1’26 Key Financial Results w/o IAS29 Sustainability

  3. Slide 3: Important Notice on Inflation Accounting (IAS 29)

    Important Notice on Inflation Accounting (IAS 29) Türkiye has economic conditions that require reporting entities in the country to follow the Pursuant to the Capital Markets Board Decision dated 28.12.2023 and numbered 81/1820, methodology set out in International Accounting Standards (‘IAS’) - 29

  4. Slide 4: H1'26 Key Financial Results

    H1'26 Key Financial Results TRY Mn Revenue Gross Profit EBITDA Parent Only Net Income -8% 27% 27% 133,134 122,325 35,526 32,718 13% 69,464 3% 60,816 20,449 4% 4% 15,665 16,962 11,486 63,670 61,509 5,259 5,365 15,076 17,054 3,655 1,463 3,503 3,350 5,475 2,192 1,756 2,016 H1'25 H1'26 H1'25 H1'26 H1'25

  5. Slide 5: IAS29 Impact on EBITDA

    IAS29 Impact on EBITDA TRY Mn Adjusted EBITDA* Bridge 14% 3% 17,100 -33 5,628 1,961 3,655 9,241 -3,352 EBITDA Renevue COGS Operating Expense Net, Other Operating Net, Investment Adjusted EBITDA Income/Expense Income/Expense Historical Adjusted EBITDA 24% 14% 31,616 17,100 H1’25 H1’26 ----- Margin 5

  6. Slide 6: H1'26 Segmental Revenue and EBITDA

    H1'26 Segmental Revenue and EBITDA TRY Mn Diversified Revenue Mix Revenue Bridge Energy Other 133,134 4% 2% 122,325 Architectural Glass 318 -979 -2,220 -822 -4,410 -2,094 -602 26% Chemicals 21% Industrial Glass 13% 23% H1'25 Architectural Industrial Glassware Glass Chemicals Energy Other H1'26 Glass

  7. Slide 7: H1'26 Segmental Revenue and EBITDA Margin

    H1'26 Segmental Revenue and EBITDA Margin TRY Mn Architectural Glass Industrial Glass 12% 19% 17% -3% +1% -6% 30,900 31,218 17,200 16,221 15,697 0% +1% 15,258 -4% -2% 9,294 8,103 15,204 15,960 7,906 8,118 H1’25 Volume Pricing, Product Mix H1’26 H1’25 Volume Pricing, Product Mix H1’26 Effect Curr. Ef

  8. Slide 8: H1'26 Segmental Revenue and EBITDA Margin

    H1'26 Segmental Revenue and EBITDA Margin TRY Mn Glass Packaging Chemicals 15% 14% 12% 3% -3% -15% 29,313 28,492 30,258 25,848 -4% +1% 14,650 -1% -14% 16,533 15,110 12,557 12,780 13,382 15,608 13,291 H1’25 Volume Pricing, Product Mix H1’26 H1’25 Volume Pricing, Product Mix H1’26 Effect Curr. Effect

  9. Slide 9: H1'26 Regional Results

    H1'26 Regional Results Geographic Revenue Mix Regional Breakdown of Exports from Türkiye Russia, Ukraine Other Other and Georgia North Africa 2% 11% Asia 10% 1% US 5% South America 9% Sales in Türkiye 3% 39% 9% North America Europe 62% 21% 10% Europe Middle East 18% Exports from Türkiye Top 10 Expor

  10. Slide 10: Debt Position

    Debt Position Net Debt Bridge (TRY Mn) Net Debt USD 3.1 Bn 142,149 -3,116 143,319 23,331 Net Debt/Adj. EBITDA 3.9x -19,046 Net Debt/EBITDA 9.6x 2025 Borrowings Cash &Cash Equ. Marketable Sec* H1'26 Fixed Interest Rate 69% Term Structure of Gross Debt* (TRY Mn) Variable Interest Rate 31% 171,631 Othe

  11. Slide 11: FCF & Capex Analysis

    FCF & Capex Analysis TRY Mn H1'25 H1'26 Change Net Profit 5,388 4,551 -838 CAPEX Breakdown (H1'26) Non Cash Items 21,748 4,303 -17,445 Changes in Working Capital -5,856 -11,067 -5,210 Cashflow from operations 21,280 -2,214 -23,494 Other Interest received,net -10,686 -3,658 7,028 Energy 9% Dividend p

  12. Slide 12: Key Financials w/o IAS29

    Key Financials w/o IAS29 TRY Mn Revenue EBITDA Profit Before Tax Net Income for the Period* 21% 22% 118,887 8% 97,943 11% 5% 3% 1% 62,094 21,256 53,337 13,193 5,184 13,891 3,775 7,507 56,794 7,709 5,971 44,606 2,965 1,161 7,364 7,368 5,484 809 139 1,471 -311 H1'25 H1'26 -787 H1'25 H1'26 H1'25 H1'26

  13. Slide 13: Sustainability

    Care for N@xt Sustainability So © PROTECT EMPOWER Bea NSF por mM THE PLANET SOCIETY

  14. Slide 14: Sustainability Initiatives & Projects

    Sustainability Initiatives & Projects Şişecam 2025 TSRS-Compliant Sustainability Report Barclays Emerging Market Corporate Days 2026 The second TSRS-compliant Sustainability Report, which became As part of the “Barclays Emerging Market Corporate Days 2026” event mandatory as of 2024 under the Türkiy

  15. Slide 15: Q&A

    WS sisecam Q&A

  16. Slide 16: Thank You

    WS sisecam THANK YOU

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