Iskenderun Demir Ve Celik As · BIST:ISDMR

Iskenderun Demir Ve Celik As — 9M 2023 Earnings Presentation

14 slides from Iskenderun Demir Ve Celik As's earnings presentation, Oct 26, 2023

1. Slide 1: İsdemir

   ISDEMIR MINING OYAK | METALLURGY

2. Slide 2: 2023 9 Months Investor Presentation

   2023 9 Months Investor Presentation 26.10.2023

3. Slide 3: Operational and Financial Highlights

   Operational and Financial Highlights Operational Highlights 2021 2022 9M 2022 9M 2023 Liquid Steel Production (000 tons) 5,770 4,745 3,753 3,022 Flat Steel Production (000 tons) 4,558 3,871 3,020 2,607 Long Steel Production (000 tons) 857 736 617 420 Flat Steel Shipments (000 tons) 4,364 3,992 3,074

4. Slide 4: Liquid Steel Production (000 tons)

   Liquid Steel Production (000 tons) Liquid steel production increased by 27.8% YoY in 3Q 2023. 5,770 +27.8% 4,973 4,745 3,753 3,022 1,398 1,094 1,193 2020 2021 2022 9M 2022 9M 2023 Q3 2022 Q2 2023 Q3 2023 4

5. Slide 5: Crude Steel Capacity Utilization Ratio

   Crude Steel Capacity Utilization Ratio 100% 98% 97% 84% 80% 68% 2018 2019 2020 2021 2022 9M 2023 İsdemir 5

6. Slide 6: Production (000 tons)

   Production (000 tons) Total production increased by 33.6% YoY in 3Q 2023. 5,415 4,819 857 4,607 992 736 3,637 +33.6% 617 3,027 4,558 420 1,395 1,044 1,157 220 3,827 3,871 138 140 3,020 2,607 1,017 1,175 906 2020 2021 2022 9M 2022 9M 2023 Q3 2022 Q2 2023 Q3 2023 Long Flat 6 Slab production was includ

7. Slide 7: Sales Volume (000 tons)

   Sales Volume (000 tons) Total sales volume increased by 36.2% QoQ in 3Q 2023. 5,210 4,931 4,756 846 1,006 764 3,697 623 +36.2% 3,010 410 1,377 4,364 3,925 3,992 1,088 1,011 232 164 102 3,074 2,600 924 1,145 909 2020 2021 2022 9M 2022 9M 2023 Q3 2022 Q2 2023 Q3 2023 Long Flat 7 Intra-group slab sales

8. Slide 8: Net Sales Revenue (USD mn)

   Net Sales Revenue (USD mn) Total sales revenue increased by 17.7% QoQ in 3Q 2023. 4,318 4,153 868 611 3,305 +17.7% 2,416 480 413 2,287 956 945 209 184 803 106 3,450 3,542 69 2,825 2,003 2,078 839 772 734 2020 2021 2022 9M 2022 9M 2023 Q3 2022 Q2 2023 Q3 2023 Export Domestic 8 Intra-group slab sales

9. Slide 9: EBITDA & Net Profit

   EBITDA & Net Profit EBITDA (USD mn) EBITDA Margin (%) 38.1% 21.7% 16.9% 22.4% 6.4% 10.1% 12.7% 6.0% 1,647 742 702 120 525 58 81 146 2020 2021 2022 9M 2022 9M 2023 Q3 2022 Q2 2023 Q3 2023 Net Profit (USD mn) Net Profit Margin (%) 14.3% 17.7% 10.8% 13.3% 1.4% 5.3% (9.6%) (3.1%) 50 765 440 13 346 450 (

10. Slide 10: EBITDA per Ton (USD/ton)

    EBITDA per Ton (USD/ton) 298 208 156 149 102 104 47 2017 2018 2019 2020 2021 2022 9M 2023 Main Product 10

11. Slide 11: Cost of Sales Breakdown (%)

    Cost of Sales Breakdown* (%) 8 4 5 8 14 5 4 3 3 6 5 4 3 3 6 4 Raw Materials Personnel Expenses Purchased Energy Expenses 78 84 80 Depreciation and Amortization Exp. 73 Other 2020 2021 2022 9M 2023 Raw Materials Breakdown (%) 15 12 15 20 15 15 14 12 Iron Ore&Pellet 26 21 Coal 37 36 Scrap 44 52 Other

12. Slide 12: Number of Employees

    Number of Employees 4,799 4,724 4,702 4,667 4,611 4,493 2018 2019 2020 2021 2022 Sept. 2023 12

13. Slide 13: Investor Relations contact

    investorrelations@erdemir.com.tr www.isdemir.com.tr/investor-relations/ +90 216 578 80 61 13

14. Slide 14: Disclaimer

    Disclaimer İskenderun Demir ve Çelik A.Ş. (İsdemir) may, when necessary, make written or verbal announcements about forward-looking information, expectations, estimates, targets, assessments and opinions. İsdemir has made the necessary arrangements about the amounts and results of such information t

İskenderun Demir ve Çelik A.Ş. (İsdemir) — 9M 2023 Earnings Presentation on 6ix