Message from the Chairman

Esteemed Stakeholders,

2023 was an eventful and challenging year, in which many sorrowful events occurred both in Türkiye and around the world, economic difficulties and political tensions shaped the conjuncture and the impacts of climate change and natural disasters were felt acutely. Geopolitical uncertainties on regional and global scale brought many negative conditions on energy and commodity prices, inflation, interest rates, costs and consumer prices. As the central banks all around the word, increase the interest rates to combat inflation, economic growth slows down. Much work remains to be done for global and domestic economic recovery.

Humanity must focus on putting an end to its conflicts in various parts of the world and focus on how to build a better collective future. The solidarity, unity and the flood of aid seen in many negative images such as earthquakes, floods and wars demonstrate that good values are alive and well, and offer hope. On the other hand, the rapid transformation of humanity and lifestyles, new technological products and innovative developments in concepts such as artificial intelligence, add a new level of excitement to our outlook on the future. We move on with forethought, caution and confidence, as we face a time when many of the concepts in our lives, are being tested for their longevity.

Thanks to a combination of factors including our flexible and resilient business models, our strong financial and operational infrastructure, our companies' ability to adapt quickly and effectively to changing conditions, and most importantly, our skilled workforce, Anadolu Group remains one of the most resilient conglomerates against any adversity brought about by the conjuncture. This year, we achieved successful results in all our sectors and maintained our strong and healthy growth. We continue to add value in every field, in which we operate by focusing on the needs of all our stakeholders. Every day, our Group companies and brands achieve new milestones and create innovative works. We are adding new ones to our factories, production lines and fields of activity, and investing in innovation, digitalization, sustainability goals and areas that will allow us to provide better services to our customers. Every day, we broaden the scope of our work within the framework of our From Anadolu to the Future sustainability strategy, moving closer to our visionary goals. We are forging ahead with our companies, brands, and social organizations, each of which is the best in its field.

Working for our collective future, doing and producing the best, self-developing for it, being a pioneer in everything we do, being in the high ranks... As long as we stay focused on these objectives, nothing can stand in the way of our collective mind. We, as Anadolu Group, are a large family that can fulfill our responsibilities in any situation and knows how to emerge stronger from adversity. We will continue to carry out our work in the most efficient and value-generating manner, fueled by the strength we derive from our values and one another.

On behalf of Anadolu Group, I would like to express my gratitude to all our stakeholders, who believed in us, confided in us and contributed to us.

Tuncay Özilhan
Chairman

March 2024