Gedik Yatirim Menkul Degerler A.s. · BIST:GEDIK
Gedik Yatirim Menkul Degerler A.s — Gedik Yatırım Menkul Değerler A.Ş. — Q4 2025 Earnings Presentation
40 slides from Gedik Yatirim Menkul Degerler A.s's earnings presentation, 2026
Slide 1: Our ascent in the leadership journey continues
Our ascent in the leadership journey continues 2025 Investor Presentation
Slide 2: Disclaimer
Disclaimer The contents of this presentation have been prepared by Gedik Yatırım Menkul Değerler Anonim Şirketi (“the Company”) for the purpose of providing general information available at the date of this presentation. The Company relies on information gathered from sources it believes to be relia
Slide 3: Agenda
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2025 Targets and Realization 5. 2026 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 3
Slide 4: Our Vision Leadership in All Areas
Our Vision Leadership in All Areas VISION CORPORATE VALUES Gedik Yatırım, together with its highly qualified To be the leader “in every employees, utilises the most advanced technologies; field” of capital markets. To provide products and services specific to investor needs, To raise awareness for t
Slide 5: Gedik Yatırım at a Glance
Gedik Yatırım at a Glance Shareholder Structure Credit Rating Note Buyback Shares JCR-Eurasia Rating April 2024* SAHA Rating May 2025 Inveo Yatırım Holding 3.72 % 84.87 % National National Free Float AA- (tr) (TR) AA Long Note Long Note 11.41 % Term Term Capital 2 BN TL Appearance Stabil Appearance
Slide 6: Gedik Yatırım Continues to Grow Profitably
Gedik Yatırım Continues to Grow Profitably 663 63 280 108 K BN TL (58) (11) 6% 49% Number of Number of Total Investor Investor Overall Branches and Employees Liaison Offices 5.1 1.5 24.5 11.4 BN TL BN TL BN TL BN TL 21% 214% 21% 35% Equities* Net Profit* Total Assets Market Value (ROE: 30%)** Note:
Slide 7: Experienced and Expert Board of Directors
Experienced and Expert Board of Directors +17 years of experience +27 years of experience +25 years of experience +40 years of experience +46 years of experience Onur Ersan Gökhan Rüya Ahmet Topaç Akpınar Tosun Eser Aka Vice Chair of the Independent Board Independent Board Chairman & CEO Board and G
Slide 8: Strong and Experienced Management Team
Strong and Experienced Management Team Ersan Akpınar Ergün Koşucu Gülten Esen Mehmet Şengün Vice Chair of the Board and Sales Management Central Sales Management Marketing Senior Deputy General Manager Deputy General Manager Deputy General Manager General Manager Coşan Yeğenoğlu Mehmet Emir Tayman E
Slide 9: The Widest Branch Network
The Widest Branch Network We are the investment institution with the largest branch network in Türkiye. 33 2 14 3 2 City 2 2 3 2 4 63 Branches and Liaison Offices 2 2 3 8 3 2 Private Branches 2 2 4 We continue to increase the efficiency of our branches every year Note: Includes consolidated data for
Slide 10: We Diversify Our Financial Investments
We Diversify Our Financial Investments Aracılı Aracılı Aracılı Aracılı Aracılı Aracılı Aracılı Marbaş Menkul k TURPEk Misyon Yatırım k Inveo Ventures k GYT Bilişim k ve Ichain Yatırım k GY Varlık k Değerler GSYO Bankası GSYO Ticaret Holding Kiralama CMB Licensed Venture Capital BRSA Licenced Venture
Slide 11: Agenda: Current Activities
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2025 Targets and Realization 5. 2026 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 11
Slide 12: We Continue to Differentiate in the Sector with Our Strategic Moves
We Continue to Differentiate in the Sector with Our Strategic Moves 1. We Continue to Serve with 8 Private Branches 2. We Became Türkiye's Best Performing Social Media Account The first Private Branch structuring of the sector Gedik Yatırım became the leading social media account continues to grow r
Slide 13: We Bring Together Industry Stakeholders
We Bring Together Industry Stakeholders 5. First Steps in Crypto Asset Investments 6. Institutional Investment Summit 3. Gedik Yatırım Institutional Investment Summit, held on December 16, 2025, was successfully organized with the participation of publicly traded companies, portfolio management firm
Slide 14: We Serve Latest Technology to Our Investors
We Serve Latest Technology to Our Investors We Stand by Investors with Our Digital Platforms Gedik Yatırım Gedik Trader Matriks / Mobile Foreks Online UpTrader MetaTrader Branch Click Here For More Information 14
Slide 15: We Invest in Sports and Say #InvestInThisShare to Our Country
We Invest in Sports and Say #InvestInThisShare to Our Country Main Sponsor of Türkiye Volleyball National Teams Official Sponsor of Fenerbahçe Football A Team In our 3-year sponsorship journey, Sultans of the Net We are the official sponsor of • 2023 CEV European Fenerbahçe Football Club's Champion
Slide 16: Agenda: Financial Highlights
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2025 Targets and Realization 5. 2026 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 16
Slide 17: Key Consolidated Financial Indicators
Key Consolidated Financial Indicators Gedik Yatırım Consolidated (Million TL) 2024 2025 Change (%) Total Assets 20,249 24,458 21 Equity* 4,220 5,088 21 Net Profit* 480 1,508 214 (Million TL) Total Assets (Million TL) Equity* (Million TL) Net Profit* 30.000 6.000 60% 1.650 1.508 5.088 1.500 24.458 5.
Slide 18: Operational Revenue Breakdown
Operational Revenue Breakdown Operational Revenues (Million TL) 2024 2025 Change (%) Marketable Securities Valuation and 144 1,836 1176 Derivative Market Transactions Income Service Income 1,501 1,089 (27) Interest and Trading Income 1,845 767 (58) Other Service Income, net 527 230 (56) TOTAL 4,017
Slide 19: Operational Expenses & Other Income/Expense from Operating Activities
Operational Expenses & Percentage Breakdown of Other Income/Expense from Operating Activities Operational Expenses Other Income/Expense from Breakdown 2024 2025 Change (%) 2024 2025 Change (%) Operating Activities , Net (Million TL) (Million TL) Interest Income, Net 188 1,018 441 General Administrat
Slide 20: Short Term Borrowings, Liquidity and Financial Condition
Short Term Borrowings, Liquidity and Financial Condition Short Term Borrowings Liqiudity and Financial Condition 2024 2025 Change (%) (Million TL) 3,78 3,78 Payables to Settlement and 4,371 7,907 81 Custody Bank Issued Debt Instruments 1,064 1,794 69 Bank Loans 1,681 1,240 (26) TOTAL 7,116 10,941 54
Slide 21: GEDIK Stock Performance
100 150 200 250 300 350 400 450 500 50 1 .2 20 1 24 .4 20 1 24 .6 20 1 24 .8 1 20 .10 24 .2 1 02 .12 4 .2 1 02 .14 4 .2 1 02 .16 4 .2 1 02 .18 4 .2 1 02 .20 4 .2 1 02 .2 4 .2 1 02 .24 4 .2 1 02 .26 4 .2 January 1 02 .28 4 .2 1 02 .30 4 .2 2 02 .1 4 20 2 24 .3 20 2 24 .5 20 2 24 .7 20 2 24 .9 2 20 .1
Slide 22: Agenda: 2025 Targets and Realization
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2025 Targets and Realization 5. 2025 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 22
Slide 23: What Happened at Gedik Yatırım in 2025 Q4?
What Happened at Gedik Yatırım in 2025 Q4? ü The digital HR system was restructured. An internal performance system was established. EMPLOYER BRANDING ü 12 Motivation Activities (Personal Development Activity, Hobby Club, Volunteering Activity) were completed. ü Six SPL Training sessions were organi
Slide 24: 2025 Forward-Looking Expectations – Actual Results
2025 Forward-Looking Expectations – Actual Results 2025 Growth Expectation 1 2025 Year-End Expectations Expectation Result Expectation Result Gross Profit >30% 20% Return on Equity 2 45% 54% Other Income, net >30% 74% General Administrative 2 Return on Equity = Net profit for the last 4 quarter / Av
Slide 25: Agenda: 2026 Targets
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2025 Targets and Realization 5. 2026 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 25
Slide 26: What will happen at Gedik Yatırım in 2026?
What will happen at Gedik Yatırım in 2026? INVESTOR BEST MOBILE THE FIRST VENTURE CRYPTO EMPLOYER CAPITAL EXPERIENCE APPLICATION BRAND COMES BANKING CAPITAL ASSETS BRAND TO MIND MARKETS • Increasing • Maximizing • Increased • Developing an • Prioritizing • Strengthening • Investment Focus • Launch o
Slide 27: 2026 Forward-Looking Expectations
2026 Forward-Looking Expectations 2025 Growth Expectation 1 2025 Year-End Expectations Gross Profit >30% Return on Equity 2 35% Other Income, net >65% 2 Return on Equity = Net profit for the last 4 quarter / Average equity for the last 5 quarter General Administrative <35% Expenses 1 The development
Slide 28: Agenda: Financial Highlights (Except TAS 29)
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2025 Targets and Realization 5. 2026 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 28
Slide 29: Key Consolidated Financial Indicators (Except TAS 29)
Key Consolidated Financial Indicators (Except TAS 29) Gedik Yatırım Consolidated 2024 2025 Change (%) (Million TL) Total Assets 15,230 24,055 58 Equity Held by the Parent Company 3,026 4,695 55 (Million TL) Net Profit 1,259 2,032 61 30.000 90% 80% 78% 24.055 25.000 70% 70% 20.000 60% 55% 54% 49% 15.
Slide 30: Operational Revenue Breakdown (Except TAS 29)
Operational Revenue Breakdown (Except TAS 29) Operational Revenues (Million TL) 2024 2025 Change (%) Marketable Securities Valuation and 249 1,647 563 Derivative Market Transcastions Income Service Income 876 1,019 16 Interest and Trading Income 1,530 711 (54) Other Service Income 343 224 (35) TOTAL
Slide 31: Operational Expenses & Other Income/Expense (Except TAS 29)
Operational Expenses & Percentage Breakdown of Other Income/Expense from Operating Activities (Except TAS 29) Operational Expenses Other Income/Expense from 2024 2025 Change (%) 2024 2025 Change (%) Breakdown (Million TL) Operating Activities (Million TL) Marketing, Sales & Distribution (295) (277)
Slide 32: Short Term Borrowings, Liquidity and Financial Condition (Except TAS 29)
Short Term Borrowings, Liquidity and Financial Condition (Except TAS 29) Short Term Borrowings Liqiudity and Financial Condition 2024 2025 Change (%) (Million TL) Payables to Settlement and 3,339 7,907 137 Custody Bank 7,09 Issued Debt Instruments 813 1,818 124 Bank Loans 1,284 1,240 (3) 5,62 TOTAL
Slide 33: Agenda: Appendix
1. Gedik Yatırım Corporate Profile 2. Current Activities 3. Financial Highlights 4. 2025 Targets and Realization 5. 2026 Targets 6. Financial Highlights (Except TAS 29) 7. Appendix 33
Slide 34: Consolidation
Consolidation Million TL 2024 2025 Change (%) Gedik Yatırım Solo Net Profit Gedik Yatırım Solo 358 1,146 220 Contributions of Subsidiaries 195 515 164 Subsidiaries Consolidation Consolidation Adjustments (63) (151) 125 Adjustments Consolidated Net Consolidated Net Profit 490 1,508 214 Profit Consoli
Slide 35: TAS 29 Effects on Financial Statements
TAS 29 Effects on Financial Statements Million TL 2025 Prepaid Expenses (Short-term) 18.5 Financial Investments 16.2 Right-of-use Assets 14.6 Tangible and Intangible Fixed Assets 208.9 Paid-in Capital (313.6) Long Term Financial Investments 45.1 TOTAL Retained Earnings (714.9) TMS29 EFFECT Deferred
Slide 36: Statements of Changes in Shareholder's Equity
Statements of Changes in Shareholder’s Equity Million TL 2024 Q4 2025 Q4 Change (%) Equity at the beginning of the 4,943 4,220 (15) period Paid-in Capital 495 1,000 102 Buyback shares (256) (57) (78) Net profit of the parent company (977) 1,027 N/A Differences of adjustment of capital (454) (1,652)
Slide 37: Gedik Yatırım - IFRS Financial Statements Summary
Gedik Yatırım - IFRS Financial Statements Summary Balance Sheet Profit and Loss Statement Million TL 2024 2025 Change % Current Assets 18,769 22,346 19 Million TL 2024 2025 Change % Cash and Cash Equivalents 5,934 5,724 (4) Financial Investments 3,589 4,063 13 Revenues 97,728 433,738 344 Trade Recei
Slide 38: IFRS Financial Statements Summary (Except TAS 29)
Gedik Yatırım - IFRS Financial Statements Summary (Except TAS 29) Balance Sheet Profit and Loss Statement Million TL 2024 2025 Change % Current Assets 14,349 22,340 56 Million TL 2024 2025 Change % Cash and Cash Equivalents 4,533 5,724 26 Revenues 65,083 407,036 525 Financial Investments 2,742 4,063
Slide 39: Inveo Yatırım Holding at a Glance (2025)
Inveo Yatırım Holding at a Glance (2025) Shareholding Structure Main Fields of Activity Erhan Topaç Buy-Back Shares OTHER CAPITAL BANKING VENTURE CAPITAL INVESTMENTS 81.02% 0.85% Publicly Traded Part 18.13% İstanbul Kandilli Gayrimenkul Yatırımları Capital 1 BN TL 8 138 146 Registered Capital 3 BN T
Slide 40: Thank You
Investor Relations Contact Burak Ünal Investor Relations Manager Thank You +90 216 453 00 32 gedikyatirimciiliskileri@gedik.com Report Links Annual Reports Financial Tables Gedik Yatırım Investor Relations Web Site 40
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