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Integrated Sustainability

Report

01‌Contents

Introduction and About 3

the Report

Introduction 4

About the Report 5

Message From The Chairman Of 6

The Board Of Directors

Message From The President 7

and Ceo

ASELSAN at a Glance 9

About Us 10

Our Fields of Activity 11

Our Vision, Mission and Values 12

ASELSAN in figures for 2024 13

02030405

Biodiversity 66

Sustainable Supply Management 67

Supplier Selection and Evaluation 67

Risk Management in Supply Chain 70

aTech 72

R&D and Innovation 74

Technology and Entrepreneurship 77

Featured Innovative Products in 2024 79

Environmental Products 81

Products Creating Social Value 88

aFast 90

Digital Transformation 92

11

Information Systems and 95

Responsible Production, Consumption, 130 Business Development and Marketing

Climate Change Management 131

Our Strategic Goals and Objectives 131

Energy Management and Efficiency 134 Daylight optimization 134

Sustainable Packaging and 136

Logistics Process

Our GücümüzBir (Power Together) 137

Approach

10

Appendix 138

Performance Indıcators 139

GRI Content Index 157

Managing the Sustainability Risks 37

and Opportunities

Our Sustainability Goals 38

Relations with Our Stakeholders 50

Information Security

08

aTalent 97

Human Rights and Fair Working 99

Conditions

Employee Experience 100

Talent and Career Management 106

Employee Health and Safety 111

Social Responsibility 115

S1 & S2 Compliance Report To The Türkiye Sustainability Reporting Standards (TSRS) For The Activity Period

163

‌

‌Introduction and About the Report

Introduction and About the Report

Integrated Sustainability Report 2024 4

Introduction

We are pleased to share with you our 2024 Integrated Sustainability Report, which

is ASELSAN’s 12th Sustainability Report and the first Integrated Sustainability Report. ASELSAN, which will celebrate its 50th anniversary in 2025, is proud to carry its corporate legacy of 50 years into the future with the goal of contributing to a sustainable world, blending it with innovation and a vision for the future.

As we prepare to celebrate our 50th anniversary, we are reinforcing not only our accomplishments, but also our unwavering commitment to our responsible corporate practices that shape our identity.

This report is a testament to our commitment to environmental, social and governance responsibility, outlining the steps we have taken towards a more sustainable future.

ASELSAN, which will celebrate its 50th anniversary in 2025, is one of the deep-rooted institutions of our Republic and an organization synonymous with trust and reputation. Our company has adopted the principle of contributing to the national economy since the day it was founded.

Drawing strength from its past and guided by its vision of being “the company of the future”, ASELSAN strives to be an innovative, reliable and reputable organization in its second fifty years as well.

Revealing how ASELSAN is preparing for its second fifty years, the 2024 Integrated Sustainability Report aims to present its

priorities and strategies for this period to its stakeholders. Therefore, our report has been structured in accordance with the strategic focus areas of the aselsaneXt program, our new corporate strategy.

Developing Game-Changing Technologies

Producing the Best in the Sector

MAIN STRATEGIES

Growing with an Export-Oriented Approach

STRATEGIC TARGETS

Developing the abilities and increasing the competency and satisfaction of human resources

Establishing a rapid and efficient working system through digital, lean and agile processes supported with artificial intelligence

Developing game-changing technologies for global competition

Adopting global

Increasing mass branding and production capability marketing through through infrastructure organization based on

and investments export and business

development

50th anniversary in 2025,

is proud to carry its

corporate legacy of 50 years into the future with the goal of contributing to a sustainable world, blending it with innovation and a vision for the future.

Introduction and About the Report

‌Integrated Sustainability Report 2024 5‌

About the Report

ASELSAN’s 2024 Integrated Sustainability Report has been prepared to reveal our company’s performance

in line with its strategies and the value created for its stakeholders.

Structure and content of the report

ASELSAN’s 2024 Integrated Sustainability Report provides up-to-date information on our company’s activities carried out with an approach that focuses on creating sustainable value by addressing both its financial and non-financial capital elements.

ASELSAN’s performance for 2024 in line with its strategic priorities, the value it created for all stakeholders with this performance, the risks and opportunities it faced in the process of creating value constitute the contents of the 2024 Integrated Sustainability Report.

Period and scope of the report

ASELSAN’s 2024 Integrated Sustainability Report presents the Company’s performance for the period of January 1, 2024 - December 31, 2024.

The Integrated Sustainability Report, which includes the independent auditor’s report for non-financial metrics, covers all of ASELSAN’s operations in Türkiye.

Compliance and legislation

The 2024 Integrated Sustainability Report of ASELSAN, whose shares are traded on Borsa Istanbul (free float),

has been prepared in accordance with the recommendations of the Turkish Sustainability Reporting Standards (TSRS). By utilizing the transitional provision exemption of TSRS S1, ASELSAN has prepared the Turkish Sustainability Reporting Standards Compliance Report, which includes only assessments on financial impact analyses of climate-related risks and opportunities.

ASELSAN’s Integrated Sustainability Report has been prepared in accordance with the Integrated Reporting

Framework of the IFRS Foundation and GRI Standards 2021 published by the Global Reporting Initiative (GRI).

We disclose our commitment to align and we are currently aligned with TCFD disclosure.

Ṹ See GRI Standards Content Index

While creating the content of the report:;

• The Sustainability Accounting Standards Board (SASB) Aerospace and Defense Standards Guidelines,

• The Integrated Reporting Framework organized by the Value Reporting Foundation (VFR),

• The Carbon Disclosure Project (CDP) Guidelines for Climate Change and Water Security Programs,

• The World Economic Forum (WEF) Stakeholder Capitalism Metrics,

• The Task Force on Climate-related Financial Disclosure (TCFD)

recommendations were utilized.

The report also includes ASELSAN’s contribution to the United Nations Sustainable Development Goals.

Ṹ See Contribution to Sustainable Development Goals

Audit

Selected non-financial information in ASELSAN’s 2024 Integrated Sustainability Report was subjected to limited assurance audit by ANY Partners Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş.

Ṹ See Independent Assurance Report

In addition, the assurance of the information in the 2024 Integrated Sustainability Report was provided:

within the scope of ASELSAN Environmental Management System by Bureau Veritas,

See ISO 14001 Environmental Management System Standard Certification

within the scope of ASELSAN ISO 14064 Greenhouse Gases emissions inventory by BSI,

See ISO 14064 Greenhouse Gases Certification

within the scope of ASELSAN ISO 50001 Energy Management System energy data and management by TÜV Nord

See ISO 50001 Energy Management System Standard Certification.

Senior management statement of responsibility

The ASELSAN Integrated Management Systems Directorate Sustainability Management Unit has undertaken the coordination task in the reporting process. In the opinion of ASELSAN’s senior management, this report addresses all topics in terms of the company’s process for creating value for its stakeholders

and presents a holistic assessment of the company’s financial and non-financial performance for the reporting period January 1, 2024 - December 31, 2024 and its future goals to its stakeholders

Contact

The Integrated Sustainability Report, which we aim to make accessible to all our stakeholders, is available at

https://www.aselsan.com. You can send your comments and suggestions about the report to aselsan.ir@aselsan.com

Navigation of the Report

refers to information available on the website and

Ṹ refers to information included in another section of the report.

You can go back to the “Contents” page of the report with the navigation bar located on the top band of the report.