Determinación de torque y potencia máxima generada

Date of Establishment: 1963 OYAK Group’s Participation: 1998 OYAK Group’s Share: 100.00%

Field of Activity: Production and sale of craft paper and paper sacks Website: www.oyka.com.tr

Date of Establishment: 1969 OYAK Group’s Participation: 1969 OYAK Group’s Share: 49.00%

Field of Activity: The manufacture and export of Renault branded passenger cars and their mechanical parts

Website: www.renault.com.tr

OYKA was established in 1963 with the participation of the 10 cement

factories under the umbrella of Türkiye Çimento ve Toprak Sanayi T.A.Ş. and title of “Adana Kağıt Torba Sanayi Türk Anonim Şirketi”. OYKA joined

the OYAK Group in 1998. OYAK increased its share in OYKA to 81% by

acquiring the OYKA shares held by Işıklar Ambalaj San. Tic. A.Ş. in 2002

and a 2005 portion of the OYKA shares held by Adana Çimento. OYAK’s share in OYKA fell to 51% in 2010, as the 30% OYKA stake held by OYAK was sold to Adana Çimento.

OYKA sells craft paper and sacks to both domestic and foreign markets in cement, lime and gypsum sectors as well as other sectors including mining, construction materials and food.

Besides its sack production plant in Adana, the company acquired the Çaycuma Sack Factory from the Privatization Administration. The Çaycuma factory, the only integrated paper factory of Turkey began production in August 2003.

Paper sack is manufactured at both plants in consequence of the investments made by the company. As the second sack production line investment was completed in 2011 at OYKA’s Çaycuma Sack Plant, the company’s total production capacity rose from 150 million to 220 million pieces per year.

OYAK Renault Otomobil Fabrikaları A.Ş., founded jointly by OYAK and the

Renault Group (majority shareholder) from France in 1969 to manufacture Renault-branded passenger cars and their mechanical parts. In line with the agreement and share transfer between the two parties in 1997, the company’s shareholder structure reached its present status with OYAK holding 49% of the shares and Renault holding a 51% stake.

As one of Renault Group’s 38 world-wide production centers, OYAK Renault received the highest scores in ISO 9001 quality audits, performed since 1996, among all Renault factories. Moreover, OYAK Renault was one of the first Renault factories to receive the Renault Quality System Certificate. With a manufacturing capacity of 360,000 cars and 450,000 engines per year, the company currently manufactures and exports brands as the Symbol, Fluence and Megane HB as well as the 3 and 5- door hatchback and Grand Tour versions of the Clio III model, as well as engines and mechanical parts of these motor vehicles.

In the last quarter of 2011, the Fluence ZE joined the group of brands manufactured by the company. OYAK Renault broke new ground in the Turkish automotive industry by beginning serial production of the electric car, the Fluence ZE (an electric car) in the autumn of 2011. The company also began exporting this electrical car in November 2011.

The company has uninterruptedly maintained its leadership in the production and export in the Turkish automotive industry for 14 years. The company was still the leader of the automotive industry in production and export at the end of 2011. In 2011, OYAK broke a record of its 42-year corporate history by achieving an 8% year-on-year increase in the number motor vehicles it manufactured, to 331,000.

As the highest Corporate Tax payer in Bursa in 2010, OYAK Renault was also Turkey’s 47th _{highest tax payer. The company ranked 4}th _{in the ISO}

500 listing that was prepared according to the business results of 2010 and announced in July 2011. OYAK Renault was also Turkey’s export champion in 2010.

AYAS ENERJİ ÜRETİM VE TİCARET A.Ş. (AYAS Enerji) İSKENDERUN ENERJİ ÜRETİM VE TİC. A.Ş. (İSKEN)

Date of Establishment: 2002 OYAK Group’s Participation: 2009 OYAK Group’s Share: 100% Field of Activity: Energy

Date of Establishment: 1998 OYAK Group’s Participation: 2004 OYAK Group’s Share: 49.00% Field of Activity: Energy Website: www.isken.com.tr

AYAS was established to realize a thermal power plant investment and operate the power plant after the investment was completed. The plant will be coal-fired with a power generation capacity of 625 MW, and is located

next to our existing subsidiary, İSKEN, in Adana. As of January 2011, AYAS

became a 100% owned subsidiary of OYAK.

AYAS Enerji was established in 2002 to realize a thermal power plant

investment, which will be built next to İSKEN in Yumurtalık, Adana. The

thermal plant will be environmentally friendly and operate with high-quality imported coal, and will have an installed capacity of 625 MW, generating about 4.5 billion kWh of electricity per year. It is expected to enter operation in 2016. The company received a license from the Energy Market Regulatory Authority on April 30th_{, 2009 for a term of 49 years to engage in} power generation.

OYAK received a 49% stake in the company on December 3rd_{, 2009. OYAK} increased its share in the company to 100% in January 2011 by purchasing the remaining shares.

In 2011 OYAK signed a contract for the sale of 50% of its share in AYAS

Enerji to AES Entek, a subsidiary jointly established by the Koç Group

and AES. OYAK applied to the respective authorities for permission for the transfer of the shares. The Competition Authority accordingly granted approval for the share transfer in March 2012; approval from the Energy Market Regulatory Authority is still pending. The company is also carrying out other projects.

Founded in 1998 to engage in the generation and sale of electricity, İSKEN

is Turkey’s first thermal power plant to operate with imported coal. Realized within the framework of the Build-Operate model and commissioned in

Sugözü, İskenderun November 2003, the plant is composed of two units,

each with a capacity of 660 MW, and is one of the largest power plants in Turkey.

In April 2004, OYAK partnered with İSKEN by receiving the 24% stake of the company held by Evonik Steag GmbH. OYAK’s share in İSKEN rose to 49%

after purchasing a further 25% stake from RWE Power AG in October 2004. In 2011, the plant produced a net of 9,076 GWh of electricity, thus meeting 4% of Turkey’s total electricity need.

OYAK ELEKTRİK ENERJİSİ TOPTAN SATIŞ A.Ş. (OYAK Enerji) HEKTAŞ TİCARET T.A.Ş. (HEKTAŞ)

Date of Establishment: 2002 OYAK Group’s Participation: 2002 OYAK Group’s Share: 100.00%

Field of Activity: Electricity wholesale and sale to independent consumers

Date of Establishment: 1956 OYAK Group’s Participation: 1963 OYAK Group’s Share: 53.81%

Field of Activity: Production and sale of agricultural chemicals and veterinary pharmaceuticals

Website: www.hektas.com.tr ISE Stock Code: HEKTS

Founded in 1956 to manufacture and market medical pharmaceuticals,

HEKTAŞ began to manufacture and market agricultural chemicals - its current primary field of activity - in 1962. HEKTAŞ, which has been

uninterruptedly manufacturing agricultural chemicals since its foundation,

HEKTAŞ is one of the most deeply rooted companies in the Turkish

agricultural chemicals industry.

OYAK partnered with the company in 1963 and became the largest

shareholder in 1981. With its shares offered to the public in 1981, HEKTAŞ

expanded its product portfolio in 2005 and began to manufacture and market veterinary pharmaceuticals as well.

HEKTAŞ is the Turkish distributor of such international companies that

are deemed as the largest companies of the global agricultural chemicals industry. The company also manufactures more than 270 agricultural chemicals and more than 40 veterinary pharmaceuticals.

OYAK Enerji was established in 2002 to evaluate investment opportunities in the energy sector. The company was renamed as OYAK Elektrik Enerjisi

Toptan Satış A.Ş. in 2009. The Company received a “Wholesale License”

from the Energy Market Regulatory Authority on November 11th_{, 2009. The} company did not engage in any activity as no feasible opportunities have yet arisen and as project design efforts are still under way.