MESSSAGE FROM VERUSA HOLDING

Dear Stakeholders,

Since 2006, we have been contributing to society and local employment with strategic investments that ensure sustainable growth as Verusa Group.

Our most important agenda was COVID-19 in 2020. The COVID-19 pandemic, which spread rapidly in the first quarter of 2020, affected the whole world and the global economy. With the power of digitalization, we managed this process effectively without stopping production, and switched to a flexible working in order to protect employee and public health. We believe that the practices of digitalization, which is accelerating even more in this process, and the practices of finding solutions to common problems with solidarity, will contribute to overcoming the difficulties of our age and in the field of sustainability.

We continued our work in line with our strategic road map. While managing our long-term investments in line with sustainable development goals, we closely followed opportunities in areas with high growth potential.

Pamukova Renewable Electric with HEPP with an installed power of 6,744MW in domestic and renewable energy, Galata Gold Operations with 14 new field licenses gained in mining, Core Engage Software, Zeroone Interactive Software, Golive Software Services and Probel Bilgisayar Yazılım, which produces software solutions in the field of technology and Kahve Diyari in food production and retail sector are among our new investments in 2020.

We also contribute to the Sustainable Development Goals with the studies in our focus areas that we have determined such as climate change and energy, business ethics, corporate governance and equality of opportunity and diversity. We crown these contributions and commitments with the United Nations Global Compact (UNGC), which we have signed this year.

Our goal is to continue to grow in every segment of our portfolio by showing a successful performance in dynamic market conditions, with the right investment and financing models, and good governance, efficiency and operational excellence and to create value for our country and all our stakeholders as Verusa Group in 2021.

We would like to express our gratitude to all of our stakeholders, especially our employees, who contributed to the Verusa Group's success with their confidence, hard work and dedication.