ÇHS AR21-ENG-030622

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2021 ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) 110 Çelebi Ground Handling Inc. 2021 Annual Report The table of deferred tax movement is as follows: 1 January - 31 December 2021 1 January - 31 December 2020 As of 1 January 127.190.064 81.090.397 Celebi Nas at the beginning of the period (*) (3.285.288) - Foreign currency translation differences 48.960.805 12.218.854 Deferred tax income/(expense) for the current year (4.150.508) 32.873.895 Recognized in other comprehensive income 1.992.825 1.006.918 As of the end of the period 170.707.898 127.190.064 (*) It is related to the full consolidation of Celebi Nas. NOTE 30 - EARNINGS PER SHARE Earnings per share disclosed in the consolidated statements of income are determined by dividing the net income by the weighted average number of shares that have been outstanding during the relevant period. Companies can increase their capital by distributing shares (“Bonus Shares”) to existing shareholders from retained earnings in proportion of their shares. When earnings per share are calculated, these bonus shares are considered as issued shares. Therefore, weighted average of shares used in earnings per share calculation are obtained by retrospective application of the issuance of the shares as free of charge. Earnings per share are determined by dividing net profit attributable to shareholders by the weighted average number of issued ordinary shares as below: 1 January - 31 December 2021 1 January - 31 December 2020 Net profit / (loss) attributable to the parent company 533.453.896 (169.179.611) Weighted average number of shares with 1 KR face value each 2.430.000.000 2.430.000.000 Earnings per share (Kr) 0,220 (0,070)