CELEBI GROUND HANDLING 2023 ANNUAL REPORT

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2023 ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) 105 Çelebi Ground Handling Inc. 2023 Annual Report As of 2023 and 31 December 2022, the repayment schedule of long-term loans is as follows: 31 December 2023 31 December 2022 Between 1-2 years 385.457.758 231.250.652 Between 2-3 years 303.710.892 161.789.233 Between 3-4 years 321.219.847 55.409.809 4 years and more 453.055.570 49.996.146 1.463.444.067 498.445.840 As of 2023 and 31 December 2022, the repayment maturities of the debts from the lease transactions are as follows: 31 December 2023 31 December 2022 Up to 1 year 625.034.676 317.667.889 Between 1-5 years 1.146.371.057 669.482.757 More than 5 years 1.240.973.403 831.625.741 3.012.379.136 1.818.776.387 The repayment schedule of the Group’s floating rate borrowings as of 31 December 2023 and 2022 is as follows: 31 December 2023 31 December 2022 Less than 3 months 46.193.516 24.606.622 Between 3-12 months 148.707.590 79.349.774 Between 1-5 years 534.978.666 294.881.584 5 years and more 26.978.473 6.205.742 756.858.245 405.043.722 The movement table of loans between 1 January 2023 and 31 December 2023 is as follows: 31 December 2023 31 December 2022 Beginning of the period - 1 January 1.190.614.704 1.478.468.803 New financial liabilities 1.741.187.223 313.965.093 Principal payments (827.378.252) (943.342.149) Interest payments (185.786.445) (93.411.378) Exchange differences and foreign currency translation differences 1.012.496.827 333.193.122 Change in interest accruals 258.031.245 101.741.213 End of the period - 31 December 3.189.165.302 1.190.614.704 The movement table of borrowings from lease transactions between 1 January 2023 and 31 December 2023 is as follows: 31 December 2023 31 December 2022 Beginning of the period - 1 January 1.818.776.387 1.262.208.003 Additions 312.195.273 110.003.987 Interest expense 104.571.100 98.346.817 Lease payments (335.810.757) (185.916.269) Exchange differences and foreign currency translation differences 1.112.647.133 534.133.849 End of the period - 31 December 3.012.379.136 1.818.776.387