ÇELEBİ AR19-270720 (1)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2019 ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) Convenience Translation into English of Consolidated Financial Statements Originally Issued in Turkish 120 Çelebi Ground Handling Inc. 2019 Annual Report The fair value measurement hierarchy table as of December 31, 2019 is as follows: December 31, 2019 Level 1 Level 2 Level 3 Total Assets Financial investments measured at fair value through other comprehensive income (Note 5) - - 334.290 334.290 December 31, 2018 Level 1 Level 2 Level 3 Total Assets Financial investments measured at fair value through other comprehensive income (Note 5) - - 166.650 166.650 NOTE 34 - SUBSEQUENT EVENTS KSU Aviation Pvt Ltd is a subsidiary of the Group which was established in order to provide “taxiing” services to the aircraft at the airports in India. Group made a premium capital payment of 100.000.000 Indian Rupee for the planned investments of KSU in line with the legal legislation in India. Following the capital payment, the Group became a 57,65% shareholder of KSU and the 100,000,000 Indian Rupee (1,297,017 Euro) will be used carry out the necessary investments and transactions in this regard.