ÇELEBİ HAVA SERVİSİ ANNUAL REPORT 2024

18 Çelebi Ground Handling 2024 Annual Report II - FINANCIAL RIGHTS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY AND SENIOR MANAGEMENT At the annual Ordinary General Assembly Meeting of the Company held on 16 April 2024, shareholders approved the payment of a monthly honorarium of TL 50,000 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 for the January-December period of 2024, in line with the decisions taken at the 2024 Ordinary General Assembly. Members of our Company’s Board of Directors do not have any loans carried over from 2023. No loan advances were given to members of the Board of Directors in the January-December period of 2024. In the January-December period of 2024, total TL 150,000 loan advances were given to our Company’s managers and these advances are fully paid back as of year-end. So, Company managers do not have any loan advance balance. 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, 2023 ACTIVITIES AND PERFORMANCE Civil Aviation Industry In the World… The International Air Transport Association (IATA) has shared with the public the passenger marketing performance data for the year 2024 and the period of December 2024. Annual Overall Performance: As of 2024, total passenger traffic (measured as Revenue Passenger Kilometers) increased by 10.4% compared to the previous year. This increase is 3.8% above pre-pandemic (2019) levels. Total capacity increased by 8.7% on an Available Seat Kilometer (ASK) basis, while the overall occupancy rate reached 83.5%, breaking a record in annual traffic terms. International Traffic: Increased by 13.6% in 2024 compared to the previous year, while capacity rose by 12.8%. Domestic Traffic: Increased by 5.7% in 2024 compared to the previous year, while capacity increased by 2.5%. Total Demand: Increased by 8.6% YoY, while capacity rose by 5.6%. Increases in international and domestic demands were 10.6% and 5.5%, respectively. The overall occupancy rate in December reached 84%, setting a new monthly record. IATA Director General Willie Walsh’s Statements: IATA Director General Willie Walsh expressed the following statements in his published assessment: “The year 2024 has demonstrated that the demand for travel continue to be strong. Passenger demand increased by 10.4%, setting record levels for both international and domestic travel. Airlines responded to this strong demand with record efficiency, and filling 83.5% of all seats offered was realized in an environment where supply chain constraints limited capacity growth.” Walsh stated that there are positive signals which indicate that travel demand will continue to increase by 8% in 2025, while also drawing attention to the challenges faced by the aviation sector. He emphasized that the accident occurred in Washington on January 29 reminded us once again of the importance given to aviation safety. He also stated that airline companies continue to aim for net zero carbon emissions by 2050, and that investments in Sustainable Aviation Fuel (SAF) reached a record level in 2024, but still only meet 0.5% of the need. Walsh stated that governments should prioritize renewable fuel production and that directing resources in fossil fuel incentives to renewable energy will provide economic and universal benefits. BOARD OF DIRECTORS 2024 ANNUAL REPORT