CELEBI GROUND HANDLING 2025 AR

20 Çelebi Ground Handling 2025 Annual Report Walsh further stated that growth is expected to moderate slightly to 2.4% in 2026, in line with historical trends, and that trade and geopolitical developments will continue to shape demand. Regardless of how global trade patterns evolve, dependence on air cargo for the resilience of global supply chains will continue. Airlines, in turn, will continue responding to this demand by optimizing capacity allocation and designing network structures to maximize flexibility. Details on the Air Cargo Market Regional Distribution Asia-Pacific Airlines: Air cargo demand increased by 8.4% year-on-year in 2025, marking the strongest increase among all regions. Capacity increased by 7.4% year-on-year. North American Carriers: Air cargo demand declined by 1.3% year-on-year in 2025, representing the only regional decline and the weakest performance globally. Capacity decreased by 1.1% year-on-year. European Carriers: Air cargo demand increased by 2.9% year-on-year. Capacity rose by 3.1% year-on-year. Middle Eastern Carriers: Air cargo demand increased by 0.3% year-on-year. Capacity increased by 4.5% year-on-year. African Airlines: Air cargo demand increased by 6.0% year-on-year in 2025. Capacity rose by 7.8% year-on-year. Latin America and the Caribbean: Air cargo demand increased by 2.3% year-on-year in 2025. Capacity increased by 4.5% year-on-year. Trade Lane Growth: Trade lane data for 2025 indicate a significant shift in global air cargo flows from Asia-North America toward Asia-Europe, driven by tariff pressures and the removal of the U.S. de minimis exemption. Intra-Asia and Middle East- Asia corridors also recorded strong growth. In Türkiye… In the January-December period of 2025 in Turkey, domestic commercial aircraft traffic increased by 5.94% and international commercial aircraft traffic increased by 7.67% compared to the same period of the previous year. According to these results, the increase in total commercial aircraft traffic was 6.96%. January-December 2025 Activities and Performance A total of 127,568 flights were serviced by the Company in the Turkish market during January-December 2025 period, corresponding to a 9.97% year-on-year increase over the 2024 figure which was 116,007 flights. At Çelebi Ground Handling Hungary, our Company’s first international venture, services were provided to 35,687 aircraft during the January–December 2024 period, while the number of aircraft served increased by 7.1% to 38,238 during the January-December 2025 period. Çelebi Ground Handling Hungary commenced operations at its new off-airport cargo warehouse in January 2011. While services amounting to 114,138 tons were provided during the January–December 2024 period, this figure increased by 79.5% to 204,868 tons during the January–December 2025 period. Çelebi Cargo GmbH commenced operations in January 2011 to provide air cargo storage and handling services at its warehouse/bonded warehouse facilities located in the International Frankfurt Airport Cargo Village. While services amounting to 179,295 tons were provided during the January–December 2024 period, this figure decreased by 5.5% to 169,402 tons during the January–December 2025 period. Our subsidiary Çelebi Tanzania Aviation Services Limited, which began operations at Julius Nyerere International Airport in Tanzania in February 2021, provided services for 405 flights during the January-December 2024 period. During the January- December 2025 period, the number of flights served increased by 126.4% to 917. Our subsidiary Prathita Titiannusantara, located in Jakarta, Indonesia, and operational since March 27, 2024, provided services for 34,950 flights during the January–December 2025 period. BOARD OF DIRECTORS 2025 Annual Report