Gübre Fabrikalari Türk Anonim Sirketi : Consolidated Financial Statements and Footnotes as of 30.09.2021

2021 3rd Quarter BOARD of DIRECTORS

OPERATING REVIEW

REPORT

GÜBRE FABRİKALARI TÜRK A. Ş.

MERDİVENKÖY MAHALLESİ, BORA SOKAK, NO:1, 34732 KADIKÖY/İSTANBUL

1. ([phone]

1. ([phone]

1. [e-mail]

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I.	INTRODUCTION .................................................................................................................................................	2
A.	REPORTING PERIOD ..............................................................................................................................................	2
B.	COMMERCIAL TITLE ..............................................................................................................................................	2
C.	TRADE REGISTER NUMBER ...................................................................................................................................	2
D.	CONTACT INFORMATION .....................................................................................................................................	2
E.	ORGANIZATION CHART.........................................................................................................................................	4
F.	CAPITAL STRUCTURE.............................................................................................................................................	4
G.	BOARD OF DIRECTORS ..........................................................................................................................................	5
H.	TOP MANAGEMENT..............................................................................................................................................	5
II.	THE COMPANY'S ACTIVITIES..............................................................................................................................	6
A.	PRODUCTION........................................................................................................................................................	6
B.	SALES AND PURCHASES ........................................................................................................................................	6
C.	INVESTMENTS.......................................................................................................................................................	7
III.	AFFILIATES AND SUBSIDIARIES ..........................................................................................................................	7
IV. RAZİ PETROCHEMICAL CO.'S ACTIVITIES ............................................................................................................	7
A. PRODUCTION .............................................................................................................................................................	7
B. SALES ..........................................................................................................................................................................	8
C. INVESTMENTS ............................................................................................................................................................	8
V.	PERFORMANCE OF THE STOCK ..........................................................................................................................	9
VI.	REVIEW ............................................................................................................................................................	10
VII.	FINANCIAL STRUCTURE.....................................................................................................................................	13
A. CONSOLIDATED BALANCE SHEET .............................................................................................................................	13
B. CONSOLIDATED INCOME STATEMENT .....................................................................................................................	13
I.	EVENTS AFTER BALANCE SHEET DATE...............................................................................................................	14
II.	CORPORATE GOVERNANCE PRINCIPLES COMPLIANCE REPORT ........................................................................	14
III.	CONCLUSION ....................................................................................................................................................	16

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1. INTRODUCTION

1. REPORTING PERIOD
   01.01.2021 - 30.09.2021
2. COMMERCIAL TITLE

Gübre Fabrikaları Türk Anonim Şirketi ("Gübretaş" or "the Company")

C. TRADE REGISTER NUMBER

The Company is registered to the İstanbul Trade Registry with the registry number 47535.

D. CONTACT INFORMATION

HEAD OFFICE

The address of headquarters, which is registered to the trade registry, is "İstanbul Kadıköy Bora Sk. Nida Kule Göztepe İşm. No.1 K.12 (Bölüm: 42, 45) K. 30 - 31".

The telephone, fax, e-mail and web address of Gübretaş are as below:

Tel: [phone]

Fax: [phone]

E-mailAddress:[e-mail]

Web Address:www.gubretas.com.tr

The contact information of production facilities and regional offices is listed below;

YARIMCA FACILITIES

Address: Atalar Mahallesi Hayat Sokak No: 30 41740 Körfez / KOCAELİ

Phone :	[phone]
Fax	:	[phone]

İZMİR FACILITIES

Address: Fatih Mah. Atatürk Cad.No: 28 Aliağa / İZMİR

Phone : +90	(232) 627 91 59
Fax	: +90	(232) 627 91 59

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FOÇA FACILITIES

Address: Bağarası Köyü Hacıveli Mh. Foça-İzmir Karayolu No: 401 Foça / İZMİR

Phone: [phone]

İSKENDERUN FACILITIES

Address: Sarıseki Mah. 12 Eylül Caddesi E-5 Karayolu Altı No: 1 İskenderun / HATAY

Phone : +90	(326) 656 22 88
Fax	: +90	(326) 656 22 80

INNER ANATOLIA REGIONAL OFFICE

Address: Emek Mah. Kazakistan Cad. (4. Cadde) No: 139 Çankaya / ANKARA

Phone :	[phone]
Fax	:	[phone]

WEST MEDITERRENEAN REGIONAL OFFICE

Address: Kızıltoprak Mah. Aspendos Bulvarı, Çam Plaza, No:19 Daire:3 Muratpaşa/ANTALYA

Phone : [phone] - 83

Fax

: [phone]

SOUTHEAST ANATOLIA REGIONAL OFFICE

Address: Kayapınar Mah. Urfa Yolu 3. Km DİYARBAKIR

Phone : [phone]

Fax

: [phone]

EAST MEDITERRENEAN REGIONAL OFFICE

Address: Sarıseki Mah. Atatürk Cad. No: 6 Sarıseki İskenderun/HATAY

Phone :	+90	(326)	626 14 42 - 44 - 49
Fax	:	+90	(326)	626 14 50

AEGEAN REGIONAL OFFICE

Address: Kırlar Mevkii Fatih Mah. Atatürk Cad. Helvacı - Aliağa / İZMİR

Phone :	[phone]
Fax	:	[phone]

BLACK SEA REGIONAL OFFICE

Address: Kamalı Mah. 4043 Sok. No.1/A Atakum / SAMSUN

Phone :	[phone]
Fax	:	[phone]

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GAP REGIONAL OFFICE

Address: Ulubağ Mh. Recep Tayyip Erdoğan Blv. Tarım Kredi St. No.305/5 Haliliye/

		ŞANLIURFA
Phone :	[phone]
Fax	:	[phone]

MARMARA REGIONAL OFFICE

Address: Hürriyet Mah. Dekanlar Sk. No: 2 Yaşam Plaza Kat:1 D:2 Süleymanpaşa/TEKİRDAĞ

Phone :	+90	(282)	262 76 50 / [phone]
Fax	:	+90	(282)	262 98 51

E. ORGANIZATION CHART

1. CAPITAL STRUCTURE
   As of 30.09.2021, authorized share capital of the company is 1.000.000.000 ₺ and paid-in share capital is 334.000.000 ₺. There has not been any change in terms of share capital and shareholder's structure of Gübretaş within the reporting period.
   There is no preferred shares issued by the Company and the Company does not own any shares that it has acquired.
   "Capital loss" or "Indebtedness" situations, which are defined in 376th article of TCC, has not been observed.