Borusan EnBW Enerji aims to lead the wind energy sector and has made it a core priority to contribute directly to the sustainability of Turkey and the world.

Two Giant WEPP Investments Realized in 2020
Borusan EnBW Enerji paced up activities to commission two large wind investments set to contribute significantly to Turkey's sustainable development in 2020. The Company's Capacity Extension in Kıyıköy WEPP and Saros WEPP investments carried on after adoption of all necessary measures in the face of the challenging conditions of the COVID-19 pandemic, while the works on the construction site continued. Significant progress was attained in both investments in 2020.

Strategic Positioning
Borusan EnBW Enerji aims to lead the wind energy industry and has made it a core priority to contribute directly to the sustainability of Turkey and the world. The Company enjoys the following competitive advantages:

• Installed capacity and portfolio comprised solely of renewable energy sources,
• Professional investment management that creates added value through high-level project management and engineering expertise,
• Efficient power plants managed by expert operation and maintenance teams with high availability and capacity,
• A broad portfolio diversified with renewables including wind, solar and hydro, coupled with risk management,
• The product portfolio that helps the customers procure green electricity with I-REC Green Energy and Gold Standard Carbon Certificates.
• In renewables, continuous development in existing business models; a vision based on development through new business models; digital transformation focus.
2020 Business Results
• Borusan EnBW Enerji generated 1.35 TWh from WEPPs, 0.112 TWh from hydro, and 0.015 TWh from solar power in 2020. This generation corresponds to a reduced CO₂ by 0.783 million tons.
• Kıyıköy WEPP Capacity Extension and Saros WEPP projects - two great investments of 2020 - took first steps towards commercial production.
• The assembly of 20 turbines under the "Kıyıköy WEPP Capacity Extension Project" consisting of 20 turbines was completed, while commercial generation commenced upon the provisional acceptance of 18 turbines by the Ministry.
• 12 turbines commenced commercial electricity generation under the Saros WEPP project consisting of 27 turbines.
• Borusan EnBW Enerji started to collaborate actively with start-ups. In 2020, Borusan EnBW Enerji co-ran its Entrepreneurship Program with Workinlot so as to explore opportunities for collaboration with technology ventures developing solutions in areas under the Company's radar.
• Borusan EnBW Enerji has a total installed capacity of 635 MW.
• Borusan EnBW Enerji's installed wind capacity makes up 6.5% of Turkey's installed wind capacity. Borusan EnBW Enerji's share in wind-generated electricity represented 5.5% with 1.35 TWh in 2020. The total installed capacity of Borusan EnBW Enerji accounts for 0.6% of Turkey’s installed capacity and its 2020 generation corresponds to 0.5% of the total generation in Turkey.

R&D and Digitalization Steps of Borusan EnBW Enerji
Borusan EnBW Enerji intensified works on projects to support remote working in the aftermath of the unanticipated COVID-19 pandemic in 2020. The Company focused on projects in the areas of BPM (Business Process Management) and ECM (Enterprise Content Management).

R&D studies are ongoing with a view to increasing turbine efficiency. Digitization of existing processes is also underway, while new products and services are being deployed to target internal and external customers with the support of digital technologies. Wind generation prediction capabilities are improved through AI technology, and the project on a predictive maintenance system continues.

Direct and Indirect Contribution to the World’s Sustainability

Borusan EnBW Enerji's key approach toward sustainability involves direct and indirect contributions to the world's sustainability in its operations. Green energy is generated in all 12 power plants and this has a direct contribution to the sustainability of the world. Borusan EnBW Enerji's plants generate clean energy through renewables and thus replace power plants running on fossil fuels that cause significant amounts of greenhouse gas emissions. Indeed, 783 thousand tons of CO2 emissions have been prevented in 2020. All measures aimed at sustainable operations are taken at the Company.

Borusan EnBW Enerji runs an Environmental and Social Impact Assessment process in line with international criteria to act in harmony with the natural and social environment in the construction of plants. Borusan EnBW Enerji strives to reduce its environmental footprint in all its activities.

Innovative HR Strategy and Practices by Borusan EnBW Enerji
Borusan EnBW Enerji's Human Resources Department channeled its efforts towards the fight against the coronavirus during 2020. In parallel with the confirmed cases around the world, the Department initiated communication plans as of January 2020 and geared up efforts to take measures related to hygiene in March, when the first positive COVID-19 case was confirmed in Turkey.

Work was re-arranged across the organization as per the COVID-19 conditions; a crisis team was established with the participation of all functions, and the process was managed effectively thanks to the measures taken and case algorithms developed. Committee activities and surveys with employee participation helped identify physical and psychological needs specific to this period. These needs were then
addressed through a series of measures introduced collectively by HR, Administrative Affairs, BEE Academy, HSE, and Corporate Communications teams. Ergonomics Kits, Hygiene Kits, and COVID-19 Get Well Soon packages were delivered to employees so as to protect their health and ensure business continuity. Company-wide exchange meetings were held regularly every week whereby employees were updated on the developments relating to the organization. 2020 was concluded with practices geared towards business continuity. These include Lunch Reminders and Wednesday Afternoon Reminders with No Phone Calls or Meetings; MS Teams Channels enabling employees to socialize digitally; and the creation of an Exchange Platform. Works on Hybrid Working Model continued through close monitoring of process management in line with new developments.

Corporate dynamics were taken into account in all HR processes when conducting employee-manager communications and introducing new practices in parallel with the Group's HR strategy. Accountability Workshops were held in February and March to encourage people to own critical targets so as to ensure effective performance management and clearer action plans. The Targets Council helped analyze corporate dynamics for a top-down distribution of targets; action plans were studied and communicated across the company transparently. Communication activities for a renewed career management process were performed.

Operational Power PlantsWaste resulting from operational processes remained at minimum levels, whilst water and energy consumption was low thanks to the measures taken.

Measures taken include:

• Rainwater was collected and used for irrigation.
• Plants requiring minimum water consumption were selected for landscaping.
• Water consumption at all sites was monitored to locate leakage.
• Faucet aerators and sensors were used to minimize excess water consumption.
• Waste was sorted and disposed of according to environmental rules and regulations.
• The Company also complies with international financial institutions' rules on biodiversity, waste, and water management, as well as on the protection of the natural and social environment all of which are introduced at the start of the investment period of any power plant.

Borusan EnBW Enerji HSE Practices in 2020
HSE targets were monitored across the Company in a reactive and proactive manner under the following headings:

• Reactive HSE Target - LTIF (Lost Time Incident Frequency) < 1.53
• Reducing the LTIF score, which was 1.53 in 2019, by supporting and focusing on proactive actions.
• Proactive HSE Target – CIP (HSE Cultural Improvement Program) outcome > 62 Proactive

Leadership and Ownership

HSE Target Catalog
Improving proactive behavior with the use of the HSE Target catalog. Performing the HSE activities from among 35 different proposed actions as desired by employees so that a positive HSE culture is disseminated, HSE awareness is raised, and accidents prevented.

Continuous HSE Development
The aim is to improve technical and managerial HSE knowledge of all teams and ensure the continuous development of HSE competency through HSE coaching.

The pilot study initiated with the maintenance team helped prevent accidents and incidents during the year while developing the HSE competency of the team. Competency sets are now being created for all teams including the Head Office staff under this practice rolled out after the pilot.

Operational and Maintenance Activities
Operational costs are closely monitored on an annual basis for the purposes of safeguarding the financial health of the company. Efforts to gain more efficiency in the maintenance and operation of plants through digital competencies are ongoing at full speed.

Borusan EnBW Enerji examines potential developments in the Turkish market in parallel with the new developments in the global energy markets so as to explore new opportunities for hybrid plants combining wind and solar power, storage technologies, and other business models centered on green energy.

Corporate Social Responsibility Activities
Borusan EnBW Enerji conducted corporate social responsibility projects to improve the common public spaces at all power plants. These include two great investment projects that the Company undertook.
The Company regularly communicated with the hospitals and public institutions within the close proximity of its power plants and construction sites during the COVID-19 pandemic. Accordingly, it carried out projects to create a social benefit and provided healthcare equipment in support.

Borusan EnBW Enerji's HSE Courses in 2020

• Basic OHS Training - All locations
• BEE HSE Target Catalog Training
• Work Authorization System at Plants
• COVID-19 Health Measures Training
• Pandemic Awareness Raising Training
• Environmental Awareness and Waste Management Training
• Environmental Management System Updates
• BEE HSE Requirements for Subcontractors
• AKUT Earthquake Awareness Raising Training
• Automatic External Defibrillator Training
• First Aid Refresher Training
• ISO 45001 Internal Assessor Training
• Online Internal Assessor Training
• HSE Law Training
• Nutrition during the Pandemic
• Online Home Ergonomics Training
• COVID-19 Measures Training

A Look into the Future
• The Company closely monitors the developments on hybrid plants combining wind and solar power, storage technologies, and other business models based on green energy. It also taps into long-term collaboration opportunities through Green Energy Supply Contracts.
• Borusan EnBW Enerji will continue improving its operational and maintenance capabilities.
• Borusan EnBW Enerji digitized all existing processes and enhanced them through online platforms while channeling efforts on the digitalization of services provided in light of customers' value propositions.