CELEBİ 2021 ANNUAL REPORT

17 Çelebi Ground Handling Inc. 2022 Annual Report II - FINANCIAL RIGHTS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY AND SENIOR MANAGEMENT At the annual general meeting of the Company held on 21 April 2022, shareholders approved the payment of a monthly honorarium of TL 16,000 to the independent members of the Company’s board and also voted not to pay any other honoraria to board members who are elected to represent Class A and Class B shareholders. Payments were made to the Company’s independent directors in the twelve months of 2022. The Board of Directors of our company has not incurred any loans during the twelve-month period of 2022. No loan advances were granted to the executives of the Company in 2022. As of 1 January 2022, the outstanding loan advance balance of TL 115,000 has been settled, and there were no remaining loan advances as of the end of 2022. There are no loans made by the Company to its Board members or managers whose terms have been extended or otherwise improved; no sums have been lent to them as personal loans through third parties; neither have they been granted any form of surety such as guarantees etc. on their behalf. III - THE COMPANY’S ACTIVITIES AND MATERIAL DEVELOPMENTS IN ACTIVITIES 6. THE RELEVANT SECTOR, 2021 ACTIVITIES AND PERFORMANCE Civil Aviation Industry The International Air Transport Association (IATA) announced that the recovery in air travel continued in December 2022 and for the full year. The year 2022 witnessed a 64.4% increase in overall traffic as compared to the previous year, 2021. On a global scale, the traffic volume for the entire year of 2022 amounted to 68.5% of the levels observed prior to the pandemic (2019). In December 2022, there was a 39.7% increase in total traffic as compared to December 2021, and it reached 76.9% of the December 2019 level. In 2022, there was an increase of 152.7% in international traffic as compared to the previous year. This resulted in the traffic reaching 62.2% of the levels observed in 2019. In December 2022, there was an 80.2% increase in international traffic compared to December 2021, resulting in a level of 75.1% in comparison to December 2019. The year 2022 witnessed a 10.9% increase in domestic traffic as compared to the previous year. The domestic traffic for the year 2022 amounted to 79.6% of the total domestic traffic recorded in the year 2019. In December 2022, domestic traffic experienced a 2.6% increase compared to the same period in the previous year, and reached 79.9% of the domestic traffic recorded in December 2019. International passenger transport traffic by regions: The Asia-Pacific airlines have reported an increase of 363.3% in their full year international traffic for 2022, as compared to the previous year. This region has continued to maintain the highest year-over-year growth rate among all the regions. The capacity increased by 129.9%, while the load factor experienced a 37.3 percentage point rise, reaching 74.0%. In December 2022, there was a 302.7% increase in traffic as compared to December 2021. The full-year traffic of European carriers increased by 132.2% compared to the previous year. The capacity has experienced an increase of 84.0%, and the load factor has risen by 16.7 percentage points, reaching 80.6%. In December, there was a 46.5% increase in demand as compared to the corresponding month in 2021. In 2022, Middle Eastern airlines experienced an increase in traffic, with a rise of 157.4% compared to the previous year. The capacity has observed an increase of 73.8%, while the load factor has also shown an increase of 24.6 percentage points, reaching 75.8%. The demand in December exhibited a 69.8% increase as compared to the corresponding month of 2021. In 2022, North American carriers reported a 130.2% increase in annual traffic as compared to 2021. The capacity has experienced a 71.3% increase, and the load factor has risen by 20.7 percentage points to reach 80.8%. In December 2022, there was a 61.3% increase in traffic as compared to the corresponding period in the previous year.