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.) 113 Çelebi Ground Handling Inc. 2021 Annual Report Other purchases from related parties 1 January - 31 December 2021 1 January - 31 December 2020 DASPL (3) (**) 15.437.702 12.361.015 Çelebi Havacılık Holding (1) (*) 8.810.120 5.943.216 Celebi Nas (3) (***) - 1.902.352 Other - 1.732.108 24.247.822 21.938.691 (1) Parent company (2) Subsidiary of the Group (3) Joint venture of the Group (4) Other related party (5) Associate of the Group (6) Other related party (*) The purchases made from Çelebi Havacılık Holding consist of expenses directly reflected the Company regarding business development projects and tenders conducted by Çelebi Aviation Holding on behalf and account of the Company. (**) Purchases from DASPL that are related to services provided for the aeration, generator and utility water installed in passenger bridges. (***) Purchases from Celebi Nas that are related to expenses reflected of equipment rent and staff fees. As of 31 December 2021 and 2020, collaterals given in favour of the subsidiaries and joint venture of the Group for the loans borrowed by them are as follow: 31 December 2021 EUR INR Total TL Celebi Nas (1) - 94.392.000 16.482.731 Celebi Delhi Cargo (2) - 336.000.000 58.672.320 CASI (3) - 2.035.800.000 355.491.396 Celebi Cargo GmbH (4) 2.050.000 - 30.983.495 2.050.000 2.466.192.000 461.629.942 31 December 2020 EUR INR Total TL Celebi Nas (1) - 94.392.000 9.462.798 Celebi Delhi Cargo (2) - 336.000.000 33.684.000 CASI (3) - 2.330.300.000 233.612.575 Celebi Cargo GmbH (4) 2.050.000 - 18.466.195 2.050.000 2.760.692.000 295.225.568 (1) Within the scope of the long-term project finance and working capital loan agreement signed between Celebi Nas and a bank resident in India amounting to INR 2.345.000.000 cash and INR 845.000.000 non-cash, 30% of the 57% shares of Celebi Nas owned by the Company has been pledged in favor of the lender bank to fulfill financial obligations arising from the agreement. As of December 2021, the risk of the cash loan in the respective bank is amountinf to INR 783.828.059. (2) Within the scope of the long-term project finance and working capital loan agreement signed between Celebi Delhi Cargo and a bank resident in India amounting to INR 1.200.000.000 cash and INR 100.000.000 non-cash, 30% of the shares of the Company has been pledged in favor of the lender bank to fulfill financial obligations arising from the agreement. As of December 2021, the risk of the cash loan in the respective bank is amounting to INR 540.232.707. (3) Celebi Airport Services has a borrowing amounting to INR 1.434.800.000 cash and INR 751.000.000 non-cash within the scope of the long-term project finance and working capital loan agreement signed between The Company and a bank resident in India As of 31 December 2021, the risk of the cash loan in the respective bank is amounting to INR 584.171.733. (4) As of 31 December 2021, the cash credit risk amount in the relevant banks is EUR 2.000.000 for financial liabilities arising from cash and non-cash loan agreements amounting to EUR 2.000.000 and EUR 50.000, respectively signed between Celebi Cargo GmbH and banks residing in Germany.