Europower Enerji Ve Otomasyon Teknolojileri Sanayi Ticaret As · BIST:EUPWR
Europower Enerji Ve Otomasyon Teknolojileri Sanayi Ticaret As — Non-Deal Roadshow (June 2026)
21 slides from Europower Enerji Ve Otomasyon Teknolojileri Sanayi Ticaret As's roadshow presentation, June 2026
Slide 1: Girisim Elektrik & Europower Non-Deal Roadshow Presentation
Girisim Elektrik & Europower Non-Deal Roadshow Presentation June 2026 RESTRICTED
Slide 2: Girişim Elektrik – legal & ownership structure
Girişim Elektrik – legal & ownership structure Group Parent (Public Company 1: GESAN TI) 1 53% Subsidiary (Public Company 2: EUPWR TI) Business segment Girişim EPC LV, MV, HV switchgear and Engineering, Procurement, & distribution transformers facilities Construction 100% 60% 60% Subsidiary Subsidia
Slide 3: A scaled platform and regional leader in critical grid infrastructure
01 A scaled platform and regional leader in critical grid infrastructure Manufacturer of mission-critical Regional leader and established global player products across the electricity value chain in power & energy EPC contracting Manufacture $430m $565m 2026E Revenue 2026E Revenue Design 25% $262m 4
Slide 4: Journey from local roots to regional leadership and global reach
Journey from local roots to regional leadership and global reach 1999 2008 2009 2013 2016 Est. of manufacturing Facility A commissioned Facility B commissioned Facility C commissioned Est. of Girişim Office established in Office established in subsidiary Europower Elektrik 500 switchgear (units)1 1,
Slide 5: Offers mission-critical equipment and technology-driven EPC platform
01 Offers mission-critical equipment and technology-driven EPC platform Europower Enerji – mission-critical power equipment Girişim EPC – Technology-driven contracting Business unit Power Distribution PV Panels & Solar power Wind power Switchgear Substations Other transformers transformers Others1 p
Slide 6: Highly experienced management team
02 02 Highly experienced management team With deep sector knowledge and average industry experience spanning three decades Muhittin Behiç Harmanlı Chairman of Girişim and Europower ▪ Graduated from the Department of Electrical Engineering at Istanbul Technical University ▪ c.45 years of experience o
Slide 7: A rare opportunity in a highly sought after sector
A rare opportunity in a highly sought after sector Empowering the world’s energy transition Attractive market opportunity underpinned by electrification, renewables, and c.$365bn 1 Transformers, switchgear, ageing infrastructure and power EPC TAM1,2 Vertically integrated power solutions platform pro
Slide 8: Attractive market opportunity supported by megatrends
02 02 1 Attractive market opportunity supported by megatrends Underpinned by electrification, renewables, and ageing infrastructure Large, fast-growing global Total Addressable Market… …supported by megatrends Global transformer and Distribution transformers LV switchgear - Global data center power
Slide 9: Vertically integrated power solutions platform
2a Vertically integrated power solutions platform Europower: Manufacturing bespoke mission-critical products across the electricity value chain Illustrative energy grid Generation Transmission Distribution Power source Step-up High voltage transmission line Step-down Step-down Local, wind, and trans
Slide 10: Girişim: Proven track record as trusted partner in power and energy EPC
2b Vertically integrated power solutions platform Girişim: Proven track record as trusted partner of choice in power and energy EPC Girişim focus areas Key geographies Services End markets Europe A leading player in Eastern Europe and Balkans in grid scale Project development solar and substations,
Slide 11: Europower Enerji & Girişim EPC together unlock execution synergies
02 2c Vertically integrated power solutions platform Europower Enerji & Girişim EPC together unlock execution synergies Integrated model delivers shorter lead times, execution certainty, and cost efficiency across projects Shorter lead times Design Manufacturing Testing Engineering Procurement Const
Slide 12: Diversified & long-standing blue-chip customer base
02 02 3 Diversified & long-standing blue-chip customer base A decade of serving top 4 clients, with 100% of top 10 powered by one-stop-shop proposition Well balanced, low risk customer profile Top 10 customers by tenure2 Top #5 clients Product 43% Customer Tenure (years) Revenue (%) End Market 31% T
Slide 13: State-of-the-art manufacturing facilities strategically located in Turkey
02 02 4a State-of-the-art manufacturing facilities strategically located in Turkey 11 plants with 2026E capacity of 36.5k switchgear units and 48.6 GVA of transformers, 1 GW of Peak PV Capacity Manufacturing among the highest voltage power transformers in the world… …leveraging local momentum… Balan
Slide 14: Recently completed power transformer facility with 36 GVA of capacity
02 4b Recently completed power transformer facility with 36 GVA of capacity HV Power Transformer (Facility F)1 • Newly completed, well-invested Power Transformer facility commissioned in H2 2025 • Built to address growing demand amid constrained global supply • Equipped with state-of-the-art Europea
Slide 15: Block F: New Europower World power transformer facility
05 4c Block F: New Europower World power transformer facility Key stats Overview ▪ Modern production facilities, international standards and sustainable practices ▪ Equipped to manufacture a diverse range of power transformers and reactors 2025 Owned 100% 20,726m2 including customized special types
Slide 16: Highly advantaged R&D platform supported by government incentives
02 02 5 Highly advantaged R&D platform supported by government incentives R&D-led innovation enabling regional and global competitiveness Government Initiatives with Highly Attractive Economics ▪ Development risk significantly reduced through government incentives ▪ Recognized R&D center under Law 5
Slide 17: Attractive financial profile: Girişim
Attractive financial profile : Girişim Highlighted by strong USD-denominated growth and best-in-class margins Revenue ($m)1 31.8% CAGR (2022 – 2026) 463 521 830 440 275 2022A 2023A 2024A 2025A 2026E Peak margins due to unusually high order flow resulting from Covid overhang and unique macro factors,
Slide 18: Attractive financial profile: Europower
Attractive financial profile : Europower Highlighted by strong USD-denominated growth and best-in-class margins Revenue ($m) 17.2% CAGR (2022 – 2026) 303 430 265 251 228 2022A 2023A 2024A 2025A 2026E Adjusted EBITDA ($m)1 10.9% CAGR (2022 – 2026) 82 54 61 46 55 2022A 2023A 2024A 2025A 2026E % margin
Slide 19: Clear strategic roadmap for organic growth
02 02 Clear strategic roadmap for organic growth Improved productivity, expanding production capacity & footprint, and positioning towards more profitable mix [x] mix Portfolio optimization ▪ Shift towards HV products, specifically power transformers Footprint expansion ▪ Strategic expansions planne
Slide 20: Case Study: Critical Equipment + Engineering = The Winning Formula
Case Study: Critical Equipment + Engineering = The Winning Formula Arpaçay hydroelectrical plant How Girisim & Europower contributed to a successful outcome? ▪ The Azerbaijan government sought a partner to design, supply and commission a hydroelectric Challenge power plant capable of meeting domesti
Slide 21: Disclaimer
Disclaimer None of the information contained in this presentation constitutes investment advice and any advice contained herein is not based on an assessment of the investment objectives, financial condition or specific needs of particular purchasers. This presentation, in whole or in part, does not