CELEBI GROUND HANDLING 2025 AR

141 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.) The table below demonstrates the Group’s liquidity risk arising from financial liabilities: Contractual 31 December 2025 Book value Total cash outflows Less than 3 months 3-12 months 1-5 years More than 5 years Non-derivative financial liabilities Loans 6.149.798.609 7.079.157.718 1.530.398.227 1.527.384.835 3.989.420.454 31.954.202 Liabilities from leasing obligations 4.558.205.510 6.119.796.256 195.589.862 586.769.587 2.102.453.282 3.234.983.526 Trade payables -Related party 209.560.105 209.560.105 209.560.105 - - - -Other 1.695.335.139 1.695.335.139 1.695.335.139 - - - Other liabilities 135.739.010 135.739.010 135.739.010 - - - Contractual 31 December 2024 Book value Total cash outflows Less than 3 months 3-12 months 1-5 years More than 5 years Non-derivative financial liabilities Loans 3.384.385.823 4.275.381.306 786.961.878 1.267.252.484 2.186.212.814 34.954.130 Liabilities from leasing obligations 3.096.211.615 4.341.860.793 127.320.798 381.962.394 1.526.792.476 2.305.785.125 Trade payables -Related party 134.920.876 134.920.876 134.920.876 - - - -Other 1.569.635.332 1.569.635.332 233.018.991 1.336.616.341 - - Other liabilities 411.377.341 411.377.341 41.349.366 284.534.785 85.493.190 - Foreign currency risk The Group is exposed to foreign exchange rate risk through operations done using multiple currencies. The main principle in the management of this foreign currency risk is maintaining foreign exchange position in a way to be affected least by the fluctuations in foreign exchange rates. For this reason, the proportion of the positions of these currencies to total equity amount is aimed to be controlled under certain limits. Derivative financial instruments are also used, when necessary. In this context, the Group’s primary method is utilizing forward foreign currency transactions. Foreign exchange risk arises from the Group’s liabilities being mostly in TL and US Dollars, and Euro liabilities for companies within the scope of consolidation whose functional currency is not the Euro. As of 31 December 2025, while other variables being constant, if the TL was to appreciate/depreciate by 10% against the USD, the net profit/loss arising from foreign exchange gains/losses resulting over net foreign currency position in this currency would increase/decrease by TL 4.715.439 (31 December 2024: TL 1.546.505). As of 31 December 2025, while other variables being constant, if the TL was to appreciate/depreciate by 10% against the EUR, the net profit/loss arising from foreign exchange gains/losses resulting over net foreign currency position in this currency would increase/decrease by TL 396.183 (31 December 2024: TL 459.839). As of 31 December 2025, while other variables being constant, if the TL was to appreciate/depreciate by 10% against the GBP, the net profit/loss arising from foreign exchange gains/losses resulting over net foreign currency position in this currency would increase/decrease by TL 5.035 (31 December 2024: TL 6.366). As of 31 December 2025, while other variables being constant, if the TL was to appreciate/depreciate by 10%, the net profit/ loss arising from foreign exchange gains/losses resulting over net foreign currency position in this currency would increase/ decrease by TL 53.228.576 (31 December 2024: TL 47.256.838).