ÇELEBİ HAVA SERVİSİ ANNUAL REPORT 2024

ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ VE BAĞLI ORTAKLIKLARI 84 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) Çelebi Ground Handling 2024 Annual Report 1. Organization and operations of the group Çelebi Hava Servisi A.Ş. (referred as the “Company” or “Çelebi Hava”) established in 1958 was the first private ground handling service company in the Turkish aviation sector. The Company provides ground handling services (representation, traffic, ramp, cargo, flight operations and aircraft maintenance etc.), cargo and warehouse services and fuel supplies to domestic and foreign airlines and private cargo companies. The Company operates in İstanbul, İzmir, Ankara, Adana, Antalya, Dalaman, Bodrum, Çorlu, Bursa Yenişehir, Diyarbakır, Erzurum, Kayseri, Samsun, Trabzon, Van, Malatya, Kars, Mardin, Denizli, Hatay, Kahramanmaraş, Isparta, Erzincan, Çanakkale, Balıkesir Edremit, Iğdır, Kocaeli, Bingöl, Hakkari airports, which are under the control of the State Airports Administration (“DHMİ”) and Istanbul Sabiha Gokcen airport which is under the control of the Airport Administration and Aviation Industries A.Ş. (“HEAS”). The Company is controlled by Çelebi Havacılık Holding Anonim Şirketi, the parent company which is jointly controlled by Çelebioğlu Family and Zeus Aviation Services Investments B.V. The Company is registered in Capital Markets Board (“CMB”) and has been listed in Borsa Istanbul (“BIST”) since 18 November 1996. As of 31 December 2023, the percentage of shares which are publicly traded is 10,09% (31 December 2023: 10,09%). The address of the headquarters of the Company is as follows: Tayakadın Mahallesi Nuri Demirağ Caddesi No: 39 Arnavutköy/İstanbul The average number of employees employed by the Group for the year ended 31 December 2024 is 16.502 (2022: 13.747). Information on Subsidiaries, Joint Ventures, and Associate: The nature of the business, their respective geographical segments, and the registered country of the subsidiaries, joint venture and associate of the Group are as follows. - Subsidiaries of the Group are as below: Subsidiary Registered country Nature of business Celebi Delhi Cargo Terminal Management India Private Limited (“Celebi Delhi Cargo”) India Warehouse and cargo services Celebi Nas Airport Services India Private Limited (“Celebi Nas”) India Ground handling services Celebi Airport Services India Private Limited (“CASI”) India Ground handling services Celebi GH India Private Limited (“CGHI”) India Ground handling services Celebi GS Chennai Private Limited (“CGSC”) India Ground handling services KSU Aviation Private Limited (“KSU”) India Ground handling services Çelebi Kargo Depolama ve Dağıtım Hizmetleri Anonim Şirketi (“Çelebi Kargo”) Turkey Warehouse and cargo services Celebi Cargo GmbH (“Celebi Cargo”) Germany Warehouse and cargo services Celebi Ground Handling Hungary (“CGHH”) Hungary Ground handling services Celebi Tanzania Aviation Services Limited (“Çelebi Tanzania”) Tanzania Ground handling services PT. Prathita Titiannusantara (“PTN”) Indonesia Ground handling services PT. Celebi Aviation Indonesia (“CAI”) Indonesia Ground handling services In 2009, a company named Celebi Delhi Cargo Terminal Management India Private Limited (“Celebi Delhi Cargo”) was established to operate in the development, modernisation and operation of the existing cargo terminal at the airport in New Delhi, India for 25 years. The Company’s shareholding in Celebi Delhi Cargo is 74% and the paid-in capital of Celebi Delhi Cargo is 1.120.000.000 Indian Rupees. Celebi Nas was established in 2008 to provide ground handling services for a period of 10 years at Chhatrapati Shivaji International Airport (“CSIA”) in Mumbai, India. The Company’s capital share is 59%, and its paid-in capital amounts to 552,000,000 Indian Rupees. Additionally, a premium capital payment of 228,000,000 Indian Rupees was made by Celebi Nas’ shareholders. Celebi Nas has obtained a concession right until 2036 for providing ventilation and generator services mounted on passenger bridges at the airport terminal. Under the concession agreement signed between Celebi Nas and the airport authority, Celebi Nas has continued to provide ground handling services for 10 years following the expiration of the existing concession period at CSIA on 31 December 2019.