CELEBI GROUND HANDLING 2025 AR

139 Çelebi Ground Handling 2025 Annual Report ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) As of 31 December 2025, and 2024, collaterals given in favour of the subsidiaries and joint venture of the Group for the loans borrowed by them are as follow: 31 December 2025 EUR IDR INR Total TL Celebi Nas (1) - 97.704.000 - 46.627.280 Celebi Cargo GmbH (2) 735.000 - - 37.026.728 PTN (3) - - 56.750.000.000 145.847.500 CAI (3) - - 130.000.000.000 334.100.000 735.000 97.704.000 186.750.000.000 563.601.508 31 December 2024 EUR IDR INR Total TL Celebi Nas - 97.704.000 - 40.305.831 Celebi Delhi Cargo - 313.600.000 - 129.369.408 CASI - 1.665.000.000 - 686.862.450 Celebi Cargo GmbH 50.000 - - 1.840.120 50.000 2.076.304.000 - 858.377.809 (1) In relation to the long-term project finance and working capital loan obtained by Celebi Nas from a bank domiciled in India, consisting of a cash loan of INR 2.345.000.000 and a non-cash loan of INR 845.000.000, 30% of the Company’s total 59% shareholding in the respective subsidiary has been pledged in favor of the related bank. As of 31 December 2025, there is no cash loan risk exposure at the related bank. (2) In connection with the non-cash loan agreements amounting to EUR 735.000 signed between Celebi Cargo GmbH and banks domiciled in Germany, there is a non-cash risk exposure of EUR 734.829 at the respective banks as of 31 December 2025. (3) There is a loan agreement amounting to IDR 186.750.000.000 signed between PTN/CAI and banks domiciled in Indonesia. Key management compensation: The Group has determined key management personnel as members of board of directors, general manager and vice general managers. Key management compensation includes salaries, bonuses, social security contributions and other benefits provided to key management of the Group: 1 January - 1 January - 31 December 2025 31 December 2024 Short-term key management compensation 178.102.492 180.261.060 178.102.492 180.261.060