Eregli Demir Ve Celik Fabrikalari T.a.s. · BIST:EREGL
Eregli Demir Ve Celik Fabrikalari T.a.s — Q1 2026 Earnings Presentation
16 slides from Eregli Demir Ve Celik Fabrikalari T.a.s's earnings presentation, Apr 29, 2026
Slide 1: Investor Presentation 2026 3 Months
2026Months 3 Investor Presentation 28.04.2026 1
Slide 2: 2026 Market Overview
2026 Market Overview 2
Slide 3: Commodity Prices
3 200 300 400 500 100 200 300 USD/TON USD/TON Apr-24 Apr-24 May-24 May-24 Jun-24 Jun-24 Jul-24 Jul-24 Aug-24 Aug-24 Sep-24 Sep-24 Oct-24 Oct-24 Nov-24 Nov-24 Source: Platts / IODEX Dec-24 Dec-24 Jan-25 Jan-25 Feb-25 Feb-25 Mar-25 Mar-25 COMMODITY PRICES Apr-25 Apr-25 May-25 May-25 Scrap Prices Jun-2
Slide 4: Turkish Steel Industry
TURKISH STEEL INDUSTRY PRODUCTION (MN TONS) EXPORTS (MN TONS) 7.0 7.0 2.8 2.7 2.3 2.0 0.9 0.8 4.2 4.3 1.3 1.1 0.1 0.1 2M 2025 2M 2026 2M 2025 2M 2026 CONSUMPTION (MN TONS) IMPORTS (MN TONS) 6.5 6.7 3.3 3.1 3.4 2.7 1.5 1.3 0.2 0.2 3.1 3.4 1.4 1.2 2M 2025 2M 2026 2M 2025 2M 2026 4 Source: TSPA Flat St
Slide 5: 2026 3M Results
Gr) 2026 9M Results
Slide 6: Financial and Operational Results
FİNANSAL VE OPERASONEL SONUÇLAR - 2022 9A 137 Million USD 9 Million USD EBITDA Net Profit* 2.1 Million Tons 2.1 Million Tons 1,369 Million USD Total Production Total Sales Revenue 6 (*) Net profit of equity holder of the parent
Slide 7: Operational Indicators
OPERATIONAL INDICATORS LIQUID STEEL PRODUCTION (000 TONS) CRUDE STEEL CAPACITY UTILIZATION RATIO 96% 89% 82% 85% 75% 8,743 8,280 2,325 2,353 1,932 Q1 2025 Q4 2025 Q1 2026 12M 2024 12M 2025 2022 2023 2024 2025 Q1 2026 PRODUCTION (000 TONS) SALES VOLUME (000 TONS) 8,085 7,783 8,051 7,830 965 928 957 9
Slide 8: Domestic Sales Breakdown and Export
DOMESTIC SALES BREAKDOWN AND EXPORT FLAT STEEL DOMESTIC SALES (000 TONS) LONG STEEL DOMESTIC SALES (000 TONS) Automotive 3M 26 3M 26 11% (171) 53% Rebar and Profile Producers (124) 3M 25 3M 25 General Manufacturing 16% 13% 13% (257) (168) Industry (20) 18% 44% (239) (577) 51% 53% (83) (833) Pipe&Pro
Slide 9: Financial Indicators
FINANCIAL INDICATORS NET SALES REVENUE (USD MN) EBITDA PER TON (USD/TON) 6,225 335 329 1,236 5,299 1,130 1,480 1,458 1,369 141 420 209 214 124 111 117 124 101 4,989 71 64 68 71 73 4,169 48 39 51 1,249 1,155 8 1,060 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 20
Slide 10: EBITDA, Net Profit and Change in Cash
EBITDA NET PROFIT (USD MN) (82) 137 1 2 56 (54) 17 (11) (1) 9 EBITDA (3M 2026) Depreciation Consolidation Operating Inc. /(Exp.) from Finance Monetary Gain/(Loss) Tax Inc./(Exp.) Non-Controlling NET PROFIT Classification Income Investment Inc./(Exp.) Interests (3M 2026) Activities, Equity Share Acqu
Slide 11: Analysis of Financial Position
ANALYSIS OF FINANCIAL POSITION FINANCIAL BORROWINGS* (USD MN) NET WORKING CAPITAL (USD MN) 3,658 3,468 3,406 921 844 1,029 2,086 1,992 2,285 1,328 1,039 1,568 641 609 203 126 1,921 2,737 2,624 2,377 1,127 (1,602)(1,688) 441 364 2022 2023 2024 2025 3M 2026 Trade Receivables Inventories Trade Payables
Slide 12: Cost of Sales Breakdown
COST OF SALES BREAKDOWN* (%) 3M 2026 RAW MATERIALS BREAKDOWN 9 Other Depreciation and Amortization Exp. 6 Personnel Expenses Iron Ore&Pellet Coal Scrap Other 11 6 Purchased Energy Expenses 42% 31% 8% 19% 68 Raw Materials 2025 11 Other Depreciation and Amortization Exp. Iron Ore&Pellet Coal Scrap Oth
Slide 13: Capital Expenditures
CAPITAL EXPENDITURES* (USD MN) 1,070 977 723 775 434 306 147 2020 2021 2022 2023 2024 2025 3M 2026 13 *Advance payments for capital expenditures are not included.
Slide 14: Sustainability
SUSTAINABILITY Our Greenhouse Gas Reduction Target For a world where the global average temperature increase should be limited to 1.5 °C, we aim to reduce our emissions by 25% in 2030 and 40% in 2040 so to achieve the Net Zero emission target by 2050. SPP - EAF Energy Efficiency - Biomass 25% 2022 (
Slide 15: Investor Relations Contact
investorrelations@erdemir.com.tr www.erdemir.com.tr/investor-relations/ +90 216 578 80 61 15
Slide 16: Disclaimer
DISCLAIMER Ereğli Demir Çelik Fabrikaları T.A.Ş. (Erdemir) may, when necessary, make written or verbal announcements about forward-looking information, expectations, estimates, targets, assessments and opinions. Erdemir has made the necessary arrangements about the amounts and results of such inform
Eregli Demir ve Celik Fabrikalari T.A.S. — Q1 2026 Earnings Presentation on 6ix