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               ETHICS MANAGEMENT

               OF SUPPLIERS

                                                                                                                                   — Borusan Group companies don’t

                                                                                                                                   do business with clients and suppliers

                                                                                                                                   who disregard business ethics and

                                                                                                                                   break the laws. In 2015, we prepared

                                                                                                                                   Borusan Group Supplier Working

                                                                                                                                   Conditions Protocol to be signed by

                                                                                                                                   subcontractors and suppliers, according

                                                                                                                                   to the objectives set by Audit and

                                                                                                                                   Purchasing departments. More than 150

                                                                                                                                   contracted suppliers signed the protocol.

                                                                                                                                   In 2016, there was no unethical action,

                                                                                                                                   legal noncompliance or corruption case

                                                                                                                                   identified throughout the Group or in

                                                                                                                                   business partners and suppliers to our

                                                                                                                                   knowledge. —

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