Calik Holding A.S.

Established by the initiatives taken in 1981 by Ahmet Calik, a member of Calik family engaged in trade activities since the 1930s, Calik Holding currently operates in sectors of energy, telecom, textile, construction, finance and mining. One of the largest industrial enterprises in Turkey, Calik Holding employs about 24,000 people in 17 countries. The Group conducts businesses in Central Asia, Balkans, Middle East and Africa as one of the leading Turkish investors with around 7.5 billion USD of annual consolidated asset size. Achieving consistent growth both in Turkey and other countries of activity since its foundation, the Group acquired ALBtelecom, the Albanian fixed line operator and internet provider in 2007; Yesilirmak Electricity Distribution Company -YEDAS, electricity distributer for 5 provinces in Turkey in 2010; Kosovo Electricity Distribution Company in 2012; and lastly ARAS EDAS, a company operating in 7 provinces in 2013. Calik Holding's Energy Group became one of the preferred companies in countries with rich energy reserves such as Central Asia, Middle East, and Africa, and sustained its business portfolio in 2013 thanks to its reliability in the global energy sector and its business mentality differentiating the Group from its competitors. Calik Enerji continued the construction of three power plants which started in Turkmenistan's Ahal, Lebap, Mari provinces in 2013 and signed a contract for two additional power plants in Ahal and Derweze. The Company positioned itself as the largest EPC Contractor in Georgia with the Gardabani project in 2013 and completed two power plants with a total capacity of 2000-MW in Iraq during the same year. The Adacami HEPP Project in Rize was also completed in 2013. Gap Insaat undertook the EPC contract of the "Turkmenbashi International Sea Port" which is designed as a logistics hub for the route from Asia to Europe consisting of 6 ports and one shipyard with a project value of 1.5 billion USD. Calik Gayrimenkul, property development and urban renewal Company of Calik Group, received the grand prize for "Tarlabasi 360" in "Urban Renewal" category at the "European Property Awards 2013", the most prestigious real estate awards ceremony in Europe.