Efor Yatirim Sanayi Ticaret A.s. · BIST:EFOR
Efor Yatirim Sanayi Ticaret A.s — Efor Çay Sanayi Ticaret A.Ş. — Q2 2025 Earnings Presentation
39 slides from Efor Yatirim Sanayi Ticaret A.s's earnings presentation, Aug 1, 2025
Slide 1: 2025 Q2 Financial Results
EFOR ÇAY SANAY T CARET A. . 2025 Q2 FINANCIAL RESULTS 01 August 2025 Investor Relations www.eforcay.com
Slide 2: Legal Notice
Legal Notice With the Capital Markets Board Bulletin dated 28.12.2023 and numbered 2023/81, it was announced to the public that issuers and capital market institutions subject to the financial reporting regulations of the Capital Markets Board have decided to apply inflation accounting by applying t
Slide 3: Our Vision & Mission
Our Vision & Mission To transform our country into a regional industrial hub by creating sustainable growth and high added value within Turkey’s production ecosystem. • Creating sustainable value from producer • Place ESG (Environmental, Social, to consumer by offering Turkish tea in its Governance)
Slide 4: Group Structure & Areas of Activity
Group Structure & Areas of Activity BEVERAGES AGRICULTURE & ENERGY MINING FERTILIZER ENERJİ Petrocoke, metcoke, hard coal, export | 2025 Q2 FINANCIAL RESULTS
Slide 5: Efor Çay & Group Companies
Efor Çay & Group Companies Share of Revenue Efor Çay Sanayi Ticaret A. . Agricultural production and trade; %38 • Wet and dry tea purchasing, dry tea production, packaging and sales • Import and sale of coffee • International trade • SPP activity Efor Gübre Madencilik Sanayi Ticaret A. . Fully owned
Slide 6: Shareholding Structure & Board of Directors
Shareholding Structure & Board of Directors brahim Akku Muhammet Akku Efor Holding (Group B) Chairman of the Board of Directors Vice Chairman of the Board of Directors 21.000.000 TL brahim Akku Efor Holding A. . Chairman of the Board of Directors (Group A) Efor Gübre Madencilik San. Tic. A. . Vice C
Slide 7: Milestones
Milestones • Ak Tarım production Company and Efor Tea Marketing Company merged under Efor Çay Ak Tarım Efor Çay was • 73.440 tons/year wet tea 01 Packaging as tea started its 03 established 05 production capacity Trabzon / Of facility started operations 2014 activities 2021 2005 2020 2010 Trabzon /
Slide 8: Milestones
Milestones • Efor Holding acquired a 6% • Dry tea, herbal and fruit teas, stake in Efor Çay cold tea and coffee production and packaging facility with a • The Solar Power Plant (SPP) capacity of 30.446 tons/year was commissioned and began started operations in Tokat / electricity production • Efor H
Slide 9: Geographical Distribution & Facility Map
Geographical Distribution & Facility Map Samsun Coal Trabzon Facility Coal Facility Rize Coal Artvin Facility Tea Production Istanbul Facility Samsun Fertilizer Head Office Factory Trabzon Tokat Tea / Coffe Tea Production Production and Packaging Facility Facility Malatya SPP 9,9 MW | 2025 Q2 FINANCI
Slide 10: Efor Tea Facilities
EFOR TEA. FACILITIES ©
Slide 11: Facilities
FACILITIES TRABZON/OF ARTVIN/ARHAVI ARTVIN/ARHAVI TOKAT/ERBAA It operates on a 21.000 m area with a It operates in an 8.200 m area with It operates on a 16.000 m area Construction of the tea, herbal and fruit production capacity of 73.440 tons/ a wet tea processing capacity of with a wet tea process
Slide 12: The Family of Efor Tea Products
The Family of Efor Tea Products
Slide 13: Tea in Turkey and Worldwide
De TEA IN TURKEY —- AND WORLDWIDE
Slide 14: Tea in Turkey and Worldwide
Tea in Turkey and Worldwide Per Capita Tea Consumption Türkiye (kg) Turkey is the global leader in tea consumption. Ireland UK Turkey leads the world in tea consumption with an average of 4 kg per person annually, 4 Russia significantly ahead of other major tea-drinking Morocco N. Zealand countries.
Slide 15: Tea in Turkey and Worldwide: Global Tea Market Size
Tea in Turkey and Worldwide Global Market Tea Size Market Size (2012 - 2025) The global tea market size has 260 shown an increase 240 over the years. 220 The global tea market has grown steadily from 200 $142 billion in 2012 to a projected $266.7 billion in 2025. 180 This consistent expansion reflec
Slide 16: The Growing Value With Efor Çay
The Growing Value With Efor Çay Producer of Private Label Products Preferred Addressing All Reaching All by Chain Markets Consumer Turkey with National Segments with Distribution Power a Wide Product Range Eastern Black Sea Tea is the only tea in the world whose leaves are touched by snow The World'
Slide 17: Efor Çay H1 2025 Highlights
Efor Çay H1 2025 Highlights 5,7 Billion TL %11,74 %24 %16,55 Equity Growth Net Working Capital/ Total Revenue Gross Profit EBITDA Sales Margin Margin Gross profit increased by Consolidated revenues 2.56 basis points in the The EBITDA margin first 6 months of 2025 In the first 6 month period Net Work
Slide 18: Sales Performance By Business Area
Sales Performance By Business Area 86% 231.960 160% 153.277 124.905 50% 59.006 11.993 8.021 2024 H1 2025 H1 2024 H1 2025 H1 2024 H1 2025 H1 Tea Activities (Tons) Fertilizer Activities (Tons) Coal Activities (Tons) | 2025 Q2 FINANCIAL RESULTS
Slide 19: Sales Performance by Business Area (Million TL)
Sales Performance by Business Area 210% (Million TL) 66% 2.278 2.137 44% 1.358 1.287 943 735 2024 H1 2025 H1 2024 H1 2025 H1 2024 H1 2025 H1 Tea Activities (Million TL) Fertilizer Activities (Million TL) Coal Activities (Million TL) | 2025 Q2 FINANCIAL RESULTS
Slide 20: Financial Performance: Key Drivers / Sales and Margins
Financial Performance: Key Drivers / Sales and Margins 16,55% 16,55% Net Sales (Million TL) Gross Profit (Million TL) Gross Profit Margin Gross Profit Margin 13,99% 5.696 13,99% 942 3.121 437 2024 H1 2025 H1 2024 H1 2025 H1 | 2025 Q2 FINANCIAL RESULTS
Slide 21: Financial Performance: Key Drivers / Sales and Margins
Financial Performance: Key Drivers / Sales and Margins Net Profit Margin EBITDA Margin %11,74 11,74% EBITDA (Million TL) EBITDA MARGIN 669 305 8,97% 267 280 2024 H1 2025 H1 2024 H1 2025 H1 | 2025 Q2 FINANCIAL RESULTS
Slide 22: Financial Performance: Effective Equity Management
Financial Performance: Effective Equity Management Short Term Liabilities / Total Assets Long Term Liabilities / Total Assets Equity / Total Assets 49,74% 53,89% Equity (Bilion TL) 4.575 4.575 3,22% 4,64% 4.555 45,62% 42,89% 2024 2025 H1 2024 2025 H1 | 2025 Q2 FINANCIAL RESULTS
Slide 23: Efor Fertilizer Facilities
EFOR FERTILIZER FACILITIES
Slide 24: Efor Gübre
Efor Gübre The types of chemical fertilizers produced are as follows: • Granular ammonium sulfate (%21 N) • Urea ammonium sulfate (%33 N) • NPK (25-5-10) fertilizer specially produced for tea plants • Slow-release Ammonium Sulfate with inhibitor • Slow-release urea with inhibitor • Compound fertiliz
Slide 25: Efor Gübre
Efor Gübre Efor Gübre, a wholly owned subsidiary of Efor Çay, has applied to the Capital Markets Board for approval of its transition to the registered capital system and amendments to its articles of association as the first step of its IPO process, and the application for the IPO prospectus was su
Slide 26: Efor Global Mining Facilities
EFOR GLOBAL MINING FACILITIES
Slide 27: Coal Facilities
COAL FACILITIES Metallurgical coke, petcoke, and metcoke sales and international trade are conducted at the coal facilities in Samsun, Trabzon, and Rize. Thanks to its strategically located facilities, Efor Global Mining possesses a strong logistics infrastructure. Proximity to Black Sea ports enabl
Slide 28: Efor Energy Facilities
EFOR ENERGY FACILITIES ENERJİ
Slide 29: From Sun to Power: Investing in the Future
From Sun to Power: Investing in the Future Efor Energy invests in solar energy as part of its vision for environmentally friendly energy production. With its SPP (Solar Power Plant) projects, it both increases energy production and reduces carbon emissions Investments: • Malatya Arapgir SPP: 9,8 MW
Slide 30: Efor Çay Sustainability Approach
EFOR ÇAY SUSTAINABILITY APPROACH
Slide 31: Our Sustainability Approach
Our Sustainability Approach: Within Efor Çay and its subsidiaries, we place sustainable agriculture principles at the core of our business model. Under our contract farming policy: • We prioritize producer welfare and support income stability • We ensure sustainability in the supply chain by guarant
Slide 32: Efor Çay uses natural resources consciously and invests in green energy
Efor Çay uses natural resources Efor Çay adopts an environmentally Its Zero Waste Certificate consciously and invests in green friendly approach by contributing to the proves that it effectively provides energy within the framework of recycling of packaging waste. Its waste management in its the Sus
Slide 33: Sustainability
Sustainability A Commitment to a Sustainable Tea Experience As one of Turkey’s leading tea producers, we fully recognize our responsibilities toward a sustainable future. Our company is committed to embedding sustainability at the core of both our production processes and supply chain operations, wi
Slide 34: Certificates of Quality & Sustainability
Certificates of Quality & Sustainability | 2025 Q2 FINANCIAL RESULTS ! "#
Slide 35: Future Plans
Future Plans Launching of White Bird Coffee in 2026 Launching of Efor Ice Tea in 2026 | 2025 Q2 FINANCIAL RESULTS
Slide 36: Efor Çay Financial Results
EFOR ÇAY FINANCIAL RESULTS
Slide 37: Summary Financial Information - TAS 29 Applied
Summary Financial Information - TAS 29 Applied 30 June 2025 31 December 2024 30 June 2025 31 December 2024 Current Assets 6.667.085.429 6.050.585.993 Short-Term Liabilities 5.747.950.776 4.966.027.444 Short-Term Borrowings 1.201.196.652 1.593.610.980 Cash and Cash Equivalents 204.660.046 505.752.076
Slide 38: Summary Financial Information - TAS 29 Applied Six-Month Difference
Summary Financial Information - TAS 29 Applied 1 January - 31 June 2025 1 January - 30 June 2024 Six-Month Difference Revenue 5.695.528.236 3.120.976.005 82,49% Cost of Sales (-) (4.753.043.651) (2.684.266.812) 77,07% Gross Profit 942.484.585 436.709.193 115,82% Marketing, Sales and Distribution Exp
Slide 39: Investor Relations Contact
Ça la Koçel Investor Relations Manager P: +90 216 252 07 46 A: çerenköy Mah. Destan Sk. Efor Plaza No:6 ç Kapı No:11 Ata ehir stanbul, Türkiye www.eforcay.com
Efor Çay Sanayi Ticaret A.Ş. — Q2 2025 Earnings Presentation on 6ix