Tofas Türk Otomobil Fabrikasi : TOFAŞ TÜRK OTOMOBİL FABRİKASI A.Ş. 2021 Annual Report2021

Tofaş 2021 Annual Report

CONTENTS

TOFAŞ AT A GLANCE	2021 ACTIVITIES	CORPORATE GOVERNANCE
4	ABOUT TOFAŞ	22	CEO'S MESSAGE	90	INFORMATION ON THE CAPITAL
5	OUR VISION	24	SENIOR MANAGEMENT		STRUCTURE AND SHAREHOLDING OF
5	OUR MISSION	26	2021 TOFAŞ HIGHLIGHTS		THE COMPANY
5	ABOUT THE KOÇ GROUP AND	28	AWARDS & RECOGNITIONS	92	BOARD OF DIRECTORS
	STELLANTIS	30	INSTITUTIONAL INVESTOR RELATIONS	94	SENIOR MANAGEMENT
6	KEY FINANCIAL AND OPERATIONAL	32	THE TURKISH AUTOMOTIVE INDUSTRY	98	DECLARATION OF CORPORATE
	HIGHLIGHTS		IN 2021 AND TOFAŞ'S POSITION		GOVERNANCE PRINCIPLES AND
GENERAL ASSEMBLY	35	AUTOMOTIVE INDUSTRY 2022		COMPLIANCE REPORT
	OUTLOOK	121	CORPORATE GOVERNANCE
10	AGENDA OF THE ORDINARY GENERAL	36	FINANCIAL RESULTS		INFORMATION FORM
	ASSEMBLY MEETING	40	BRANDS & PRODUCTS	129	SUSTAINABILITY PRINCIPLES
11	INDEPENDENT AUDITOR'S REPORT ON	44	DEALERS NETWORK		COMPLIANCE STATEMENT
	THE ANNUAL REPORT OF THE BOARD	45	SUBSIDIARIES & AFFILIATES	130	SUSTAINABILITY PRINCIPLES
	OF DIRECTORS	48	R&D OPERATIONS		COMPLIANCE FRAMEWORK
12	CHAIRMAN'S ASSESSMENT	50	DIGITALIZATION	134	ACTIVITIES OF THE EARLY DETECTION
14	BOARD OF DIRECTORS	53	HUMAN RESOURCES		OF RISK AND RISK MANAGEMENT
16	DIVIDEND DISTRIBUTION POLICY				COMMITTEE
17	2021 PROFIT DISTRIBUTION PROPOSAL	SUSTAINABILITY	136	AFFILIATED COMPANY REPORT
18	2021 DIVIDEND DISTRIBUTION TABLE	60	CORPORATE SUSTAINABILITY POLICY	137	INDEPENDENT AUDITOR'S REPORT ON
19	REMUNERATION POLICY FOR TOP-	65	CORPORATE SOCIAL RESPONSIBILITY		THE EARLY IDENTIFICATION OF THE
	LEVEL MANAGERS AND MEMBERS OF		PROJECTS		RISK COMMITTEE AND SYSTEM
	THE BOARD OF DIRECTORS	71	ENVIRONMENT AND CLIMATE CHANGE
		80	OCCUPATIONAL HEALTH & SAFETY		FINANCIAL INFORMATION
		82	QUALITY MANAGEMENT	138	CONSOLIDATED FINANCIAL
		84	SUPPLY CHAIN MANAGEMENT		STATEMENTS TOGETHER WITH
		86	CUSTOMER SATISFACTION POLICY		INDEPENDENT AUDITOR'S REPORT
		87	TOFAŞ CODE OF ETHICS AND
			ANTI‑CORRUPTION POLICY

STRONG CONTRIBUTOR TO THE NATIONAL ECONOMY

TURKEY'S LEADING AUTOMOTIVES COMPANY, TOFAŞ CREATES STRONG ADDED VALUE FOR TURKEY'S ECONOMY, INDUSTRY, AND R&D KNOW-HOW.

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MARKET LEADER THREE YEARS IN A ROW

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FOR THE THIRD YEAR IN A ROW IN 2021, TOFAŞ ONCE AGAIN WAS THE TURKISH AUTOMOTIVES INDUSTRY MARKET LEADER WITH FIAT BRAND.

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