ÇELEBİ AR19-270720 (1)

4 Çelebi Ground Handling Inc. 2019 Annual Report Celebi Nas, another subsidiary that operates at Chhatrapati Shivaji International Airport in Mumbai (Bombay) in India, increased the number of flights it served by 22% to 28,887 in the January-December 2019 period. The number of aircraft served by Celebi Ground Handling Hungary, which is the first investment of our Company in a foreign country, went up to 28,000 in the January-December 2019 period owing to the increased number of flights by Ryanair. This figure represents a 13% growth as compared with 2018. While the cargo warehouse of Çelebi Ground Handling Hungary that began operations in January 2011 handled 70,863 tons of cargo in the January-December 2018 period, the cargo handled dropped by 10% to 72,029 tons in the twelve months to end-December 2019, driven mainly by the decreased amount of cargo across Europe. Offering air cargo storage and handling services in its storage/warehouse facilities at the International Frankfurt Airport’s Cargo City, Celebi Cargo GmbH provided service for 141,501 tons as at year-end 2019. We are empowered and committed to sustain our successful performance in the future as well. Innovation, change, projection and planning have an undisputed importance in the corporate culture of Çelebi Ground Handling. Acting with this awareness, we take our service capabilities further every year and we convert the strength we derive from improvement into competitive advantage. In the years ahead, Çelebi Ground Handling will keep progressing with sure-footed steps along the growth roadmap it has set with an innovative and all-around concept securing complete adaptation to the conditions prevailing in the sector. On behalf of the Board of Directors and myself, I would like to extend our gratitude to our shareholders, customers, business partners and all Çelebi employees who have made the achievements of our Company possible. Can Çelebioğlu Chairman MESSAGE FROM THE BOARD OF DIRECTORS