Global Yatirim Holding A.s. · BIST:GLYHO

Global Yatirim Holding A.s — Global Investment Holdings — Investor Presentation (November 2024)

42 slides from Global Yatirim Holding A.s's investor presentation, November 2024

Slide 2: Corporate Portfolio
Corporate Portfolio Ports Power Gas Mining Finance Real Esate GFS HOLDING A.Ş. 90.3% 50.9% 60.0% 97.7% 66.6% 100%  Van's first  The world's largest  Co/Tri generation:  Turkey’s &  One of Turkey’s  AUM: 106.4bn TL shopping centre independent cruise 59.3 MW installed Europe’s leading leading pl
Slide 3: We intend to stay focused on our strategic sectors
We intend to stay focused on our strategic sectors Make inorganic acquisitions in high-value regions of the Americas, Ports consolidate the market further while looking for horizontal growth in port/passenger related businesses Develop green energy projects with attractive long-term feed-in tariffs
Slide 4: Capabilities & Strategy
Capabilities & Strategy Effective recognition of attractive Unique position as industry investment opportunities in rapidly consolidator in its port growing sectors operations No specific geographic or Fast Mover First Entrant Always prioritize the sector-bound limits potential for future growth Pro
Slide 5: Financial Highlights
Financial Highlights as per IAS29 2 2 Net revenues (mn TL) Q1 24 Q2 24 Q3 24 9M 24 9M 23 % Change Gas 1,616.5 917.8 1,119.9 3,654.1 4,037.8 -10% Power 341.9 330.3 310.1 982.3 1,199.8 -18% Mining 140.9 122.1 125.5 388.5 497.9 -22% Ports1 1,462.7 2,185.9 2,447.6 6,096.2 4,937.6 23% Brokerage&Asset Man
Slide 6: Change in Revenue & EBITDA
Financial Highlights (as per IAS29) Change in Revenue & EBITDA Revenue (mn TL)1 EBITDA (mn TL) 1 Revenues exclude the impact of IFRIC 12 on Cruise Ports amounting to 767.8mn TL for Q3 2024 and 994.6mn TL for Q3 2023 6
Slide 7: Financial Highlights: Change in P&L
Financial Highlights: Change in P&L  GIH reported a consolidated net profit of 1,100.1mn TL in 9M 2024, compared to a net profit of 596.6mn TL in 9M 2023, indicating 84% increase yoy. The bottom line incorporated non-cash expenses of depreciation & amortization amounting to 1,797.1mn TL and net for
Slide 8: Indebtedness
Indebtedness GIH Consolidated Gross Debt St Lucia Fin.: 2%, GIH Consolidated Port (Excluding (Other): Ports) 12% Debt:24% GPH long-term debt: GIH Consolidated Gross Debt: San Juan Fin.: 938mn USD 1.2mia USD 15% Nassau Bond:20% Consolidated Gross Debt Excluding Ports: Private 304mn USD Placement 27%
Slide 9: Net Debt/EBITDA (as per IAS29)
Net Debt/EBITDA (as per IAS29)  As a result of the project financing for the San Juan and St. Lucia ports, Net Debt rose by 117mn USD. However, with only 7.3mn USD of EBITDA from these ports being consolidated in the financial statements for the first nine months of the year, the Net Debt/EBITDA ra
Slide 10: Ports
G GLOBAL INVESTMENT HOLDINGS PORTS GLOBAL PORTS HOLDING
Slide 11: Global Ports Holding Plc (GPH) Years of Success
Global Ports Holding Plc (GPH) 20 Years of Success 2014-2018: 2019+: 2003-2013: “Global Expansion” “Maturity” Globally The Future “Origins” Establishing our Dominant Cruise Global Presence Infrastructure Platform  Founded in 2003  Deploy expertise globally,  Firmly established as world’s  Now es
Slide 12: Global Ports Holding Plc (GPH) Snapshot
Global Ports Holding Plc (GPH) Snapshot Americas EMEA Asia 2025E EBITDA*: 50% 46% 4% 2032E EBITDA*: 55% Liverpool 44% 1% Kalundborg Prince Rupert Bremerhaven Tarragona Valencia Venice Barcelona Cagliari Zadar Vigo Lisbon Ege Port Kusadasi Malaga Bodrum Lanzarote Alicante Valletta Taranto Las Palmas
Slide 13: Top Cruise Ports by Region
Global Ports Holding Plc (GPH) Top Cruise Ports by Region 5 Largest Cruise Ports in The Caribbean(1) (MM Pax, 2024T) 5 Largest Cruise Ports in The Mediterranean (MM Pax, 2024T) GPH Terminals Other Terminals 1.5 6,0 5,7 4,2 2,2 1.5 3,2 3,1 2,9 3.9 2,3 2,2 1,0 1,7 1,6 1,3 1,2 2,2 1.5 Nassau Cozumel Co
Slide 14: Strong Pipeline with Clearly Identified Opportunities
Global Ports Holding Plc (GPH) Strong Pipeline with Clearly Identified Opportunities Project Funnel Project Screening / Pre-Feasibility Due Diligence / MoU Concession Agreement & Closing and Induction Financing Negotiations Americas & 3 Ports 3 Ports Caribbean Europe, 2 Ports: Atlantic & • Bremerhav
Slide 15: Ports Division: Calls, Passengers, Occupancy
Ports Division: Global Ports Holding Plc (GPH) Total Calls Cruise Occupancy Ratio 107% 108% 109% 104% 109% 493 488 483 105% 459 445 440 427 100% 407 389 353 349 347 314 304 374 322 305 242 Jan Feb Mar Apr May Jun July Aug Sep Jan Feb Mar April May June July Aug Sep 2023 2024 2023 2024 Total Pax  Nu
Slide 16: Gas
G GLOBAL INVESTMENT HOLDINGS Gas AD TEMZENER\ yyy TEMZCevRE Qwass ® (NaTURELGAZ
Slide 17: Naturelgaz: Market Leader of Turkish Non-pipe CNG & LNG Market
Gas: Naturelgaz Turkey’s & Europe’s leading non-piped natural gas (CNG & LNG) distributor Market Leader of Turkish Non-pipe CNG & LNG Market Shareholder Structure NTGAZ Leader of Turkish Non-pipe 38,8% First trading date on Borsa Istanbul Stock Exchange: CNG & LNG Market: market share* April 1, 2021
Slide 18: Naturelgaz Business Lines
Naturelgaz Business Lines Bulk CNG & LNG City Gas Supplying CNG & LNG for Supplying CNG & LNG to companies in various counties that have no access industries (e.g. asphalt plants, to pipelines due to food & beverage sector, and geographical / economical mining) constraints. Auto CNG Well CNG Operati
Slide 19: Bulk CNG & LNG Operations
Bulk CNG & LNG Operations 1 2 Fertile 3 CNG Economic No waste No 4 No stocking 5 Practicle 6 invisible cost cost Naturelgaz supplies LNG from LNG terminals in Marmara Ereğlisi (Botaş) and Aliağa (Egegaz) LNG is transported to customer sites in LNG tanker trucks LNG Natural gas is delivered to the cu
Slide 20: City Gas
City Gas  Naturelgaz provides CNG and LNG to counties where Naturelgaz is the market creator & the most natural gas cannot be provided through pipelines due to competitive player in economic and geographical reasons. fast growing Citygas business.  Bulk CNG filling stations of Naturelgaz are also
Slide 21: Power
G GLOBAL INVESTMENT HOLDINGS Power
Slide 22: Consus Enerji 97.9 MW installed capacity
Consus Enerji Leading player in the biomass and distributed energy sector 97,9 (MW) installed capacity Biomass Solar Distributed Power Commerce 27.5 MW Installed Power 10,8 MWp 53,3 MW Wholesale/Retail Electricity (including 3.5 MWp Installed capacity Installed capacity Trade auxiliary source SPP) A
Slide 23: Power: Distributed Power & Energy Efficiency
Power: Distributed Power & Energy Efficiency Tres Energy 1 56,2 MW Installed Capacity Application Areas: • Industrial Facilities 2 Efficiency up to 90% • Shopping Centers • Hotels • Hospitals 3 Saving opportunity without incurring investment cost • Offices • Ports • Airports 4 Build-Operate/ Energy
Slide 24: Power: Biomass
Power : Biomass Group Structure 1 27,5 MW Installed capacity Consus Energy 2 10 Years YEKDEM (13,3 dolarcent/kwh) Edusa* 3 49 Years License period Mavibayrak Energy Mavibayrak Doğu Energy (Waste / Recycling / Storage) 13,7 MW 13,8 MW (Production) 4 Large biomass supply network (operational) (operati
Slide 25: Power: Solar
Power : Solar Overview Location • Global Investment Holdings has commissioned its first solar power plant, Ra Solar, with 10.8 MWp installed capacity in Mardin and commenced operations in 2020, standing out as one of the most efficient plants in the country, with its remarkable generation performanc
Slide 26: Power: Family Islands Power Projects
Power: Family Islands Power Projects International Projects Overview Location of Projects • On December 5th, 2023, the Government of the Bahamas and Bahamas Power and Light issued an RFP to improve energy generation across the Family Islands using micro-grids, clean fuels, and renewable energy solut
Slide 27: Power: Shore Power Projects
Power: Shore Power Projects International Projects Consus Energy Expands into Global Ports Holding’s Jurisdictions with Pioneering Solar and Shore Power Projects Tarragona Ege Port Kusadasi Bodrum Nassau Antigua St Lucia • Consus Energy, a leading expert in the Turkish energy sector, is expanding it
Slide 28: Mining
G GLOBAL mmm INVESTMENT HOLDINGS C.STRATON
Slide 29: Mining: Feldspar
Mining: Feldspar ► Straton Maden, a 97.7% owned subsidiary of GIH, was acquired in 2013 ► Straton has substantial feldspar reserves, mine processing facilities and commercial teams based in the West Aegean region of Turkey Volume (tons) ► Despite the stronger demand from the local market, sales volu
Slide 30: Real Estate
G GLOBAL INVESTMENT HOLDINGS REAL ESTATE AMNDSS, oT sie MARDUS
Slide 31: Ardus Real Estate Investments
Ardus Real Estate Investments Denizli Sumerpark Mix-Use Real Estate Development Sümerpark Project, which is the new living center of Denizli, is on 100,908.07 m2 total gross construction area. The project is composed of Sümerpark Evleri, consisting of 608 houses, private school and hospital lands. C
Slide 32: Finance
INVESTMENT HOLDINGS FINANCE a VAL al clSab botsy QGLOBAL G GLOBALMD SECURITIES SS PORTFOLIO MANAGEMENT
Slide 33: İstanbul Asset Management
İstanbul Asset Management Istanbul Asset Management is the largest portfolio management company which has domestic capital and without a bank/brokerage house /insurance company as a parent ► Actus Asset Management and Istanbul Asset Management finalized their merger under Istanbul Asset Management b
Slide 34: Global Securities & Global MD Asset Management
Global Securities&Global MD Asset Management Global Securities: ► is an independent and listed company on BIST that provides capital market brokerage services to individuals and corporates; local and international investors ► had a market share of 1% with an equity trading volume of 612bn TL in Q3 2
Slide 35: GIH's Sustainability
GIH`s Sustainability As a Global Investment Holdings; Sustainability Development Priorities  Global Investment Holdings is listed in the BIST Combating Climate Sustainability Index. Change and Energy Management  We are one of the signatories to the United Nations Global Compact. Global Investment
Slide 36: GIH's Sustainability Contributions
GIH`s Sustainability Contributions Including both Turkey and the other countries where we operate, we touch Local Workforce, people’s lives across a wide territory. We create a local workforce in every region we set up operations, contributing directly to the economic and social contribution to loca
Slide 37: Corporate Governance & Ratings
Company Overview Corporate Governance & Ratings Credit Rating - JCR Eurasia Corporate Governance Rating - Kobirate Confirmed Overall Company Rating: 9.26 (out of 10.0) Global Investment Holdings (GIH) 28.12.2023 Sub-sections Rating Long Term National Local Rating A- (tr) / (Stable Outlook) Sharehold
Slide 38: A Team of Industry Specialists
Chairman & CEO, CFO and Group CEOs The evolution of key financial indicators A Team of Industry Specialists The Group’s key executives • Founding shareholder, Chairman and CEO of • Board member of GIH and various Group • Serves as the Group’s CFO since 2020 Global Investment Holdings. Actively invol
Slide 39: Appendix
G GLOBAL INVESTMENT HOLDINGS APPENDIX
Slide 40: Global Cruise Capacity, Development of World Regions
Global Ports Holding Plc (GPH) Global Cruise Capacity, Development of World Regions Over the past few decades, cruising has grown around the world with the Caribbean consistently being the dominant cruise region globally.
Slide 41: Looking Ahead: Net Delivered Lower Berths
Global Ports Holding Plc (GPH) Looking Ahead Forecast Supply 2023-2035 (Total and Net Added Lower Berths) 911 Great Pandemic Estimated Total and Net Attacks Recession Period Lower Berths 2023-2025 Total Lower Berths • c.35% capacity increase • the fastest growing segments ‘Luxury’ and ‘Expedition’ N
Slide 42: Disclaimer
Disclaimer The information contained in this document has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this docum

Global Investment Holdings — Investor Presentation (November 2024) on 6ix

Global Yatirim Holding A.s — Global Investment Holdings — Investor Presentation (November 2024)

Slide 1: Global Investment Holdings Investor Presentation

Slide 2: Corporate Portfolio

Slide 3: We intend to stay focused on our strategic sectors

Slide 4: Capabilities & Strategy

Slide 5: Financial Highlights

Slide 6: Change in Revenue & EBITDA

Slide 7: Financial Highlights: Change in P&L

Slide 8: Indebtedness

Slide 9: Net Debt/EBITDA (as per IAS29)

Slide 10: Ports

Slide 11: Global Ports Holding Plc (GPH) Years of Success

Slide 12: Global Ports Holding Plc (GPH) Snapshot

Slide 13: Top Cruise Ports by Region

Slide 14: Strong Pipeline with Clearly Identified Opportunities

Slide 15: Ports Division: Calls, Passengers, Occupancy

Slide 16: Gas

Slide 17: Naturelgaz: Market Leader of Turkish Non-pipe CNG & LNG Market

Slide 18: Naturelgaz Business Lines

Slide 19: Bulk CNG & LNG Operations

Slide 20: City Gas

Slide 21: Power

Slide 22: Consus Enerji 97.9 MW installed capacity

Slide 23: Power: Distributed Power & Energy Efficiency

Slide 24: Power: Biomass

Slide 25: Power: Solar

Slide 26: Power: Family Islands Power Projects

Slide 27: Power: Shore Power Projects

Slide 28: Mining

Slide 29: Mining: Feldspar

Slide 30: Real Estate

Slide 31: Ardus Real Estate Investments

Slide 32: Finance

Slide 33: İstanbul Asset Management

Slide 34: Global Securities & Global MD Asset Management

Slide 35: GIH's Sustainability

Slide 36: GIH's Sustainability Contributions

Slide 37: Corporate Governance & Ratings

Slide 38: A Team of Industry Specialists

Slide 39: Appendix

Slide 40: Global Cruise Capacity, Development of World Regions

Slide 41: Looking Ahead: Net Delivered Lower Berths

Slide 42: Disclaimer