ÇELEBİ AR19-270720 (1)

11 Çelebi Ground Handling Inc. 2019 Annual Report While there is no specific policy for donations and grants that is approved by the General Assembly of Shareholders, grants and donations are made subject to the provisions of Article 3.9 of the Company’s articles of incorporation, which reads “Donations and grants may be made to social foundations, associations, universities and similar institutions and public institutions subject to the principles set forth in the CMB legislation, by providing information to the shareholders at the general meeting and by complying with the public disclosure obligation pursuant to the Capital Market Legislation.” Financial rights provided to the members of the Governing Body and senior managers The Company designated its consolidated senior management team as the members of the Board of Directors, the Chief Executive Officer and Directors. The breakdown of the benefits provided to senior managers is presented in the table below: 1 January-31 December 2019 1 January-31 December 2018 Short-term benefits to senior managers 23,314,509 16,771,185 23,314,509 16,771,185 3. NATURE AND VALUE OF ISSUED CAPITAL MARKET INSTRUMENTS As of 31 December 2019, our Company’s issued capital amounted to TL 24,300,000. Our Company’s capital structure on 31 December 2019 and 31 December 2018 was as follows: Shareholders (%) 31 December 2019 (%) 31 December 2018 Çelebi Havacılık Holding A.Ş. 89.91 21,848,528 87.39 21,236,463 Others 10.09 2,451,472 12.61 3,063,537 100.00 24,300,000 100.00 24,300,000 Ultimate Non-Corporate Controlling Shareholders The names of our Company’s ultimate non-corporate controlling shareholders, who have been identified, purged of all cross- shareholding interests, and their shareholding interests in the Company as of 31 December 2019 are presented below: Shareholders 31 December 2019 (%) 31 December 2018 (%) Zeus Aviation Services Investments B.V. 44.96 43.70 Can Çelebioğlu 15.73 15.29 Canan Çelebioğlu 15.73 15.29 Hana Investment Company WLL 5.75 7.08 Racer S.r.l. 2.9 3.54 57 Stars Global Opportunity Fund 3 (KIA), L.P. 2.01 2.49 Pantheon Global Secondary Fund VI (US) 2.34 - Pantheon Access Secondary Program SCSp (Lux) 0.48 - Others 10.09 12.61 100.00 100.00 The Company’s articles of incorporation contain no provisions pertaining to special voting rights. However the shares representing the Company’s issued capital are divided into three classes designated “A”, “B”, and “C” and only those who hold “A” and “B” shares are entitled to designate candidates for seats on the Company’s Board of Directors and Board of Statutory Auditors.