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  • 57 Years of Construction Experience Worldwide

    A Group of Companies Composed of More Than 50 Subsidiaries Operating in 6 Major Geographical Areas:CIS, Asia, Middle East, Europe, Africa & Turkey

    Successfully Completed 465 Projects in 45 Countries, with Historical Value of US$ 38 Billion

    Traded Publicly in Istanbul Stock Exchange, Market CapUSD 9 Billion

    INTRODUCTION

    2

  • With a Solid Background of57 Years ENKA Operates in4 Main Segments

    Engineering & Construction Energy Real Estate Trade & Manufacturing

    CAPABILITIES & OPERATIONS

    3

  • 1957 Founded as a Limited Liability Partenership as ark Tara & Sadi Glelik ENKA Limited irketi

    1962 Focused on Design, Engineering and Construction Activities of Industrial Plants, Buildings and Infrastructure

    1967 The Partnership Was Transformed into a Joint Stock Company asENKA NAAT VE SANAY A..

    1972 ENKA Holding was Established

    1972 First International Contract (Benghazi Cement Factory in Libya) and then 4 More Cement Factory Projects in Libya

    1973 First Power Plant (150 MW Tunbilek Thermal Power Plant) in Turkey

    1973 Diversification of Activities and Specialized Subsidiary Companies

    MILESTONES

    4

  • 1983 ENKA Sports, Education and Culture Foundation and Sadi Glelik Sports Center Establishments

    1984 First Natural Gas Combined Cycle Power Plant in Turkey 600 MW Trakya CCCP

    1986 Multinational Joint Ventures

    1986 Outstanding Achievements with Fast-Track Projects in Libya, Russia and Former Soviet Union Countries as well as in Turkey as a General Contractor

    1992 Establishment of Development Companies in Moscow

    1993 Primary Oil Services Contracts in Kazakhstan Oil Fields

    1997 Development of Shopping Malls and Retail Business in Moscow

    MILESTONES (Cont'd)

    5

  • 2000 Power Generation as Independent Power Producer (IPP)

    2001 Certified by BSI for ISO 9001 Quality Management System

    2002 Merged with Enka Holding, Enka naat ve Sanayi A.. As Principal

    2002 Certified by BSI for ISO 14001 Environmental Management Systemand OHSAS 18001 Occupational Health and Safety Management System

    2002 Turkey BOO Projects Have Been Accomplished by the ENKA BECHTELJoint Venture

    2003 The US New Embassy Compounds Construction Started in West AfricaCountries : Cameroon, Guinea, Mali and Sierra Leone

    2004 790 MW Rijinmond Natural Gas Fired CCPP Has Been Completed in 22Months by the ENKA BECHTEL Joint Venture in The Netherlands

    2008- ENKA as a Main Contractor Awarded 400 MW Yajva State Distrcit PowerPlant EPC Project in Russia

    2009 Completion of Sheremetyevo Airport Terminal 3 in Moscow

    MILESTONES (Cont'd)

    6

  • 2010ENKA Set a New World Record For Power Plant Availability(with 99,8% which is 7% Over the Industry Average) over The 12-Month Period with GE 9 FA Gas Turbines

    2011First Contract Awarded in Continent America New US EmbassyCompound in Santa Domingo, Dominican Republic

    2011Development and Completion of the Design and Building of TheMuscat International Airport (Main Contract 3) started in Sultanate ofOman

    2011ENKAs Re-entry into Iraq Oil & Gas Market by Winning theContract for The MEI Works of Early Production Facility in Majnoon OilField.

    2011First Contract Awarded in Continent Australia New US EmbassyCompound in Papua New Guinea

    2012First Contract Awarded in Northern Iraq after Two DecadesErbil Combined Cycle Power Plant Conversion Project

    MILESTONES (Cont'd)

    7

  • The Following Vision and Values Define What is Meant to be ENKA.

    - Excellence

    - Innovation

    - Speed

    - Safety

    - Being a Good Member of the Community

    - Its People

    VISION AND VALUES

    8

  • As of June 19, 2014

    SHAREHOLDER STRUCTURE

    50,08%

    5,88%

    12,59%

    31,45%

    TARA FAMILY

    ENKA FOUNDATION

    FREE FLOAT

    GLELK FAMILY

    9

  • ( Million USD ) 2014 (2Q) 2013 2012 2011

    TOTAL ASSETS 8.758 8.471 8.238 7.460

    TOTAL EQUITY 5.769 5.597 5.099 4.533

    CASH & MARKETABLE SECURITIES 2.850 2.752 2.707 2.164

    REVENUE 2.969 6.547 5.746 5.037

    EBITDA 414 1.032 708 857

    EBITDA MARGIN % 14,0 15,8 12,3 17,0

    NET PROFIT 355 656 628 509

    NET MARGIN % 12,0 10,0 10,9 10,1

    CONSOLIDATED FINANCIAL HIGHLIGHTS

    10

  • 2014 (2Q) 2013 2012

    ( Million USD ) USD % USD % USD %

    CONSTRUCTION 1.075 34,7 2.550 38,9 1.384 24,1

    POWER GENERATION 1.617 57,3 3.284 50,2 3.653 63,6

    REAL ESTATE 243 8,1 478 7,3 442 7,7

    TRADE & MANUFACTURING 192 5,5 447 6,8 395 6,9

    ELIMINATION (158) (5,6) (212) (3,2) (128) (2,3)

    TOTAL 2.969 100 6.547 100 5.746 100

    REVENUES BY BUSINESS LINES

    11

  • EBITDA BY BUSINESS LINES

    2014 (2Q) 2013 2012

    ( Million USD ) USD % Margin USD % Margin USD % Margin

    CONSTRUCTION 88 21 8 357 35 15 126 18 9

    POWER GENERATION 137 33 8 273 27 8 267 38 7

    REAL ESTATE 166 40 68 346 34 73 288 41 70

    TRADE & MANUFACTURING 19 5 10 48 5 11 19 3 6

    ELIMINATION 4 1 7 1 8 1

    TOTAL 414 100 1.031 100 708 100

    12

  • BOARD OF DIRECTORSM.Sinan Tara Chairman of the Board

    Haluk Gerek Vice Chairman of Board

    Erdoan Turgut Member of Board (Non-executive Member)

    E. Melih Araz Member of Board (Non-executive, Independent Member)

    V. Ergin mre Member of Board (Non-executive, Independent Member)

    EXECUTIVE BOARDA.Mehmet Tara President and Chairman of the Executive Board and General Manager

    M. Gkhan Sanaklar Vice Chairman of the Executive Board

    B. Burak zdoan Member of Executive Board

    C. an Grdamar Member of Executive Board

    zger nal Member of Executive Board

    S. Ouz Krkgz Member of Executive Board

    Zafer Gr Member of Executive Board

    Asaf Yener Member of Executive Board

    H. Fehmi Bayramolu Member of Executive Board

    TOP MANAGEMENT

    13

  • As of June 2014

    TechnicalStaff

    AdministrativeStaff

    Workers Total

    ENKA Istanbul Head Quarters 300 106 68 474

    ENKA Subsidiaries in Turkey 902 555 2.244 3.701

    ENKA Construction Abroad 1.023 370 17.270 18.663

    ENKA Construction Subsidiaries Abroad 68 52 1.452 1.572

    Total 2.293 1.083 21.034 24.410

    WORK FORCE

    14

  • Specifically in O&G&PC Industry, ENKA Provides Engineering, Fabrication Construction,Commissioning and Start Up Services for Major Internatioal Clients Such as; Exxon Mobil,Shell, Chevron, Lukoil etc.

    ENKA has also Solid Relations with Leading OEMS & Extensive Experience with LeadingEPCM Companies such as; Bechtel, Fluor, Technip etc.

    The Fields of Engineering & Construction Activities are;

    Oil & Gas Facilities, Pipelines Petrochemical Plants Power Plants Industrial Plants Motorways, Bridges, and Tunnels Airports, Harbors, and Offshore Works New Towns and Housing Complexes

    Business Centers Administrative Buildings Cultural Centers Shopping Malls Hotels Hospitals Stadiums

    ENGINEERING & CONSTRUCTION

    15

  • ENKA Owns a Construction Machinery &Equipment Fleet Comprising of 3.740 PiecesWorth of USD 314 Million; and 800.000 SquareMeters of Site Facilities (Work Shops, Camps,Warehouses, Offices and etc.) Mobilized inDifferent Countries where Fabrication andConstruction Works are Being Performed.

    RESOURCES

    16

  • ENKAs 411MWe CCPP Yajva State District Power Plant EPC Project has been Awarded The Best Project inthe Power/Industrial category in 2013 Global Best Projects Competition of ENR (Engineering News-Record)

    ENKAs Kosovo Motorway EPC Project (Sections 1,2,3 & 4a) has been Awarded The Best Project in theRoads/Highways category in 2013 Global Best Projects Competition of ENR (Engineering News-Record)

    Program and Project Management of the Kosovo Motorway Project in the Program ManagementCategory of the 2012 IRF - International Road Federation Global Road Achievement Awards (GRAA)

    Cityscape Awards for Emerging Markets - 2012 Category: Retail Project" Award to ENKA TC for itsKuntsevo Multifunctional Trade and Business Center in Moscow

    Most Admired Construction Company of Turkey Awards for the Years 2005 - 2012 by Capital, aBusiness and Economics Magazine

    In 2011, ENKAs Adapazari Power Plant has been Selected as the Power Plant of the Year with anAvailability of 99,8 % by the Power Magazine

    In 2011, ENKAs Insurer Factory Mutual Global (FM), Awarded All Three ENKA Power Plants the Status ofHighly Protected Risk in Recognition of ENKAs Commitment to the Reduction of Potential Losses Througha Stringent Programme of Risk Mitigation and Prevention.

    Turkish Power Company ENKA Power has World Class Risk Management Article whichPraises ENKA's Commitments and Achievements in Protecting the Power Plant Assets Published in UtilityWeek Magazine on 28 January 2011 Edition.

    AWARDS

    17

  • ISO 9001: 2008QUALITY MANAGEMENT SYSTEM

    ISO 14001: 2004ENVIRONMENTAL MANAGEMENT SYSTEM

    OHSAS 18001: 2007HEALTH & SAFETY MANAGEMENT SYSTEM

    ASME SPOWER BOILERS

    ASME APOWER BOILER ASSEMBLIES

    ASME UPRESSURE VESSELS

    ASME U2ALTERNATIVE RULES FOR PRESSURE VESSELS

    CERTIFICATES

    18

  • ASME Nuclear NPT STAMP ASME Nuclear NA STAMP ASME Nuclear NS STAMP EnBW KTA 1401

    's Nuclear Certificates

    CERTIFICATES (Contd)

    19

  • COUNTRY (Million USD) %

    IRAQ 895 29,6

    KOSOVO 411 13,6

    US EMBASSY PROJECTS 402 13,3

    OMAN 265 8,8

    GEORGIA 263 8,7

    GABON 172 5,7

    UNITED STATES 154