OUR INTEGRATED FACILITIES IN TURKEY

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2 OUR INTEGRATED FACILITIES IN TURKEY DAIRY CATTLE BREEDING FARMS LIVESTOCK SELECTION AND CERTIFICATION FARMS DAIRY FARMING TRAINING CENTER FEED PLANT ENERGY AND FERTILIZER FEED PLANT DAIRY CATTLE BREEDING FARMS DAIRY CATTLE BREEDING FARMS MILK AND DAIRY PRODUCTION ENERGY AND FERTILIZER APPLIED DAIRY FARMING TRAINING CENTER MILK AND DAIRY PRODUCTION DAIRY FARMING TRAINING CENTER SÜTAŞ KARACABEY INTEGRATED FACILITIES SÜTAŞ AKSARAY INTEGRATED FACILITIES ENERGY AND FERTILIZER MILK AND DAIRY PRODUCTION FEED PLANT SÜTAŞ TİRE INTEGRATED FACILITIES

3 ABOUT SÜTAŞ Sütaş, the leading brand of milk and dairy products in Turkey, has been operating for 43 years. From 1975 onwards, Sütaş has been operating with a focus on milk and dairy products only. Today, the company has a daily milk processing capacity of 3 thousand 700 tons with its three integrated facilities located in Turkey and offers 77 different products to its consumers worldwide. Sütaş is the leading brand of the Turkish dairy sector for 12 consecutive years reaching every eight households out of ten in Turkey. Sütaş employs 4 thousand 700 people directly and tens of thousands of people indirectly, including 27 thousand 500 milk producer families, distributors and 700 business partners and ranks 51st in the "Top 500 Industrial Companies" list announced by the Istanbul Chamber of Commerce with 2.6 billion TL revenue. The company was chosen Turkey s Most Liked and Dairy Brand in the Turkey Lovemark 2015 study. Sütaş exports significant volumes to over 25 countries including Japan, Russia, USA, Germany, Austria, UK, UAE, Iraq, Qatar, Egypt and N. Cyprus. Within the scope of overseas investments, Sütaş opened Balkan Dairy Macedonia in 2014, and is planning to open Balkan Dairy Romania in New projects in various regions are on the way, aimed at making Sütaş a global player in the dairy sector. Sütaş is in full compliance with European Union standards at each stage from animal husbandry and milk collection to the production, distribution and marketing of its dairy products. Sütaş, which ensures the safety and naturalness of products and food safety through its "From Farm to Table" Business Model, manages and audits the whole process from grass that cows eat to dairy products that reach tables. OUR MISSION In order to provide natural and delicious dairy products that improve people s quality of life and bring them health and happiness, we manage and develop the dairy value chain From Farm to Table - and the resources entrusted to us in the most efficient way, with the passion of spreading the goodness and abundance of milk. Sütaş Headquarter Dudullu Organize Sanayi 1. Cadde No: Ümraniye İSTANBUL TÜRKİYE export@sutas.com.tr Tel: (pbx) Fax:

4 ABOUT SÜTAŞ FROM FARM TO TABLE BUSINESS MODEL Sütaş operates with an integrated business model From Farm to Table that ensures the safety and naturalness of products and food safety. Within the context of this model, in addition to dairy production at every region it invests in, Sütaş does plant production and establishes feed plants, dairy cattle breeding farms, livestock selection and certification centers, applied dairy farming training centers, recycling, energy and organomineral fertilizer facilities. CRAFTSMANSHIP AND EXPERTISE Dairy business requires both craftsmanship and expertise. Producing naturally tasty dairy products is a mastery, however delivering these natural products to millions of tables in a healthy and fresh manner, requires expertise. At Sütaş, we use international quality management standards at every stage, from procurement and production to packaging and delivery to ensure the food safety of our products. We monitor each and every stage of the production both in real-time and retrospectively. Our expertise in milk provides the competency to produce new dairy products pleasing the palate of young generations and suitable to the conditions of modern life. We have been an innovative force in the milk and dairy products sector since the day we started. Sütaş has pioneered the production of packaged ayran, churned butter, baby yoghurt, tubed fruit yoghurt for children, UF white cheese and many other products in Turkey. One of our objectives is to offer new flavours so that people can benefit more from dairy products. CORPORATE GOVERNANCE Corporate Governance Principles form the basis for our values and priority-setting, our processes and procedures, the powers and responsibilities of managers and the rights of our stakeholders. We stand by the principles of fairness, transparency, accountability, and responsibility. We cooperate with regulating and auditing bodies to integrate our Corporate Governance Principles to our business conduct. OUR QUALITY POLICY Quality at Sütaş is not only managed during the production process, but in the whole of the supply and distribution chain, as required by a valuable and fragile food like milk. Sütaş continuously provides free trainings for students and for dairy farmers for efficient production of higher quality milk. Sütaş s perspective is to process the milk in the most hygienic conditions while maintaining its nature as it is, to produce naturally tasty dairy products and to deliver them to tables in the most healthy and convenient packaging, without breaking the cold chain.

5 ABOUT SÜTAŞ OUR FOOD SAFETY POLICY At Sütaş, we stay up to date with scientific and technological developments and follow the latest trends. We monitor and review new and changing legislation. Our purpose is to offer "safe food" to our customers and consumers through the implementation of an efficient food safety management in all stages of product realization process and ensure its sustainability with continuous improvement. We procure the highest quality milk, produce in compliance with the highest hygienic standards and use the most advanced production technology to produce the most natural and tasty products. In full compliance with the Veterinary Services, Plant Health, Food and Feed Law No. 5996, Sütaş monitors and audits all the steps with its unique, integrated business model "From Farm to Table." OUR CERTIFICATIONS ISO 9001 Quality Management System: This system helps to continually monitor and manage quality across all operations, and outlines ways to achieve, as well as benchmark, consistent performance and service. It provides a framework and set of principles that ensure a common-sense approach to the management of the organization to consistently satisfy customers and other stakeholders. FSSC Food Safety Management System: The FSSC System is designed to provide with an ISO based FSMS certification that is recognized by the Global Food Safety Initiative (GFSI). The FSSC system uses a management systems approach to food safety, employing ISO for the management system requirements and ISO Technical Standards for program prerequisites. ISO Environment Management System: ISO is a standard designed to help businesses remain commercially successful without overlooking environmental responsibilities and impacts. It also helps to grow sustainably while reducing the environmental impact of this growth. ISO Energy Management System: The main objective of the standard is to improve energy-related performance and energy efficiency continuously and to identify energy reduction opportunities. OHSAS Operational Health and Safety System: This standard helps to put in place the policies, procedures and controls needed for the organization to achieve the best possible working conditions, aligned to internationally recognize best practice. It exists to help put in place demonstrably sound occupational health and safety performance.

6 TURKISH LABANEH (CREAM CHEESE) s/ 20 g LABANEH 6 months TR 8x20 g LABANEH 6 months AR 200 g LABANEH 6 months AR 400 g LABANEH 6 months AR 700 g LABANEH 6 months AR g LABANEH (BUCKET) 6 months 4 60 AR LABNESINI 6 months TR

7 KASHKAVAL & MOZZARELLA s/ KASHKAVAL (REGULAR) 160 g ROUND KASHKAVAL (8 SLICES) 6 months TR 200 g KASHKAVAL 6 months TR 225 g KASHKAVAL 6 months TR 250 g KASHKAVAL 6 months AR 500 g PICNIC KASHKAVAL 6 months AR 600 g KASHKAVAL 6 months TR 700 g TOAST KASHKAVAL 6 months TR g TOAST KASHKAVAL 6 months AR g KASHKAVAL 6 months TR g PITA KASHKAVAL 6 months TR g TOAST KASHKAVAL 6 months TR KASHKAVAL (SLICED) 60 g SLICED KASHKAVAL 6 months TR 250 g SLICED KASHKAVAL 6 months TR 500 g SLICED KASHKAVAL 6 months TR g SLICED TOAST KASHKAVAL 6 months 4 66 TR MOZZARELLA 2 kg SHREDDED MOZARELLA PIZZA CHEESE 3 months 6 54 AR 2 kg SHREDDED CUBE PIZZA CHEESE 3 months 6 54 TR 2 kg BLOCK MOZARELLA CHEESE 3 months TR

8 WHITE CHEESE s/ FRESH WHITE CHEESE 250 g FULL FAT WHITE CHEESE 6 months TR 500 g FULL FAT WHITE CHEESE 6 months AR 700 g FULL FAT WHITE CHEESE 6 months 8 66 TR 700 g LIGHT WHITE CHEESE 6 months 9 66 TR g FULL FAT WHITE CHEESE 6 months 8 66 AR g FULL FAT WHITE CHEESE 6 months 2 52 TR 17 kg FULL FAT WHITE CHEESE 9 months 1 60 TR 17 kg PROFESSIONAL PERFORMANCE WHITE CHEESE 6 months 1 60 TR ULTRA FILTRATED WHITE CHEESE (SÜZME) 25 g UF WHITE CHEESE 3 months AR 4x25 g UF WHITE CHEESE 3 months AR 200 g UF WHITE CHEESE (CUBIC CUT) 4 months TR 250 g UF WHITE CHEESE 4 months AR 500 g UF WHITE CHEESE 4 months AR g UF WHITE CHEESE 4 months TR g UF WHITE CHEESE - SLICEABLE 4 months TR 250 g UF GOAT CHEESE 4 months TR CLASSICAL WHITE CHEESE 600 g CLASSICAL WHITE CHEESE 9 months 9 66 ENG 600 g CLASSICAL SHEEP CHEESE 9 months 9 66 ENG 600 g CLASSICAL GOAT CHEESE 9 months 9 66 ENG

9 SPECIALITY CHEESE s/ 250 g STRING CHEESE 3 months TR 250 g HALLOUMI CHEESE 6 months AR 250 g BRAIDED CHEESE 4 months AR 350 g MIHALIC CHEESE 9 months TR 350 g AGED KASHKAVAL 9 months ENG 400 g CIRCASSIAN CHEESE 6 months TR

10 PROCESSED CHEESE s/ SPREADABLE CHEESE 15x30 g CREAM/BAGEL 6 months TR 100 g SPREADABLE CHEESE 6 months TR 160 g SPREADABLE CHEESE (CUP) 6 months AR 300 g SPREADABLE CHEESE (CUP) 6 months TR 300 g SPREADABLE CHEESE (GLASS CUP) 6 months TR 400 g SPREADABLE CHEESE (CUP) 6 months TR PORTION CHEESE 12,5 g TRIANGLE CHEESE 1 year AR 8x12,5 g TRIANGLE CHEESE 1 year TR 16x12,5 g TRIANGLE CHEESE 1 year AR 24x12,5 g TRIANGLE CHEESE 1 year TR 8x15 g TRIANGLE CHEESE 1 year AR 36X20 g PORTION SPREADABLE CHEESE 6 months 8 96 TR 96X20 g PORTION SPREADABLE CHEESE 6 months TR BURGER CHEESE 110 g BURGER CHEESE 4 months TR 110 g SANDWICH CHEESE 4 months TR 110 g TOAST CHEESE 4 months TR 225 g BURGER CHEESE 4 months TR 450 g BURGER CHEESE 4 months TR g BURGER CHEESE 4 months TR

11 CREAM/KAYMAK s/ 90 g BREAKFAST CREAM (KISHTAD) 90 days AR 100 g BREAKFAST CREAM (KISHTAD) 90 days AR 150 g CREAM (TURKISH KAYMAK) 50 days AR 180 g CREAM (TURKISH KAYMAK) 50 days AR 200 ml SPREADABLE CREAM (%26 FAT) 6 months TR 200 ml CREAM (%36 FAT) 5 months AR ml CREAM (%36 FAT) 5 months TR

12 BUTTER s/ PASTEURIZED BUTTER 10 g PORTION BUTTER 6 months TR 100 g BUTTER 6 months TR 125 g BUTTER 6 months AR 200 g BUTTER 6 months TR 250 g BUTTER 6 months AR 300 g BUTTER 6 months TR 750 g BUTTER 6 months TR g BUTTER 6 months TR TRADITIONAL BUTTER 250 g TRADITIONAL BUTTER (Bowl) 3 months AR 500 g TRADITIONAL BUTTER (Bowl) 3 months 8 80 AR

13 UHT MILK s/ UHT MILK (PLAIN) 200 ml FULL FAT UHT MILK 6 months AR 200 ml HALF FAT UHT MILK 6 months TR 200 ml SKIMMED UHT MILK 6 months TR 500 ml UHT MILK - FULL FAT 6 months AR 1000 ml FULL FAT UHT MILK 6 months AR 1000 ml HALF FAT UHT MILK 6 months AR 1000 ml SKIMMED UHT MILK 6 months TR 200 ml LACTOSE-FREE UHT MILK 5 months TR 500 ml LACTOSE-FREE UHT MILK 5 months TR 1000 ml LACTOSE-FREE UHT MILK 5 months TR 10 L FULL FAT UHT MILK 3 months 1 60 TR 10 L HALF FAT UHT MILK 3 months 1 60 TR 200 ml CHILD FOLLOW-ON MILK 4 months TR UHT MILK (FRUIT / FLAVORED) 200 ml CHOCOLATE UHT MILK 6 months AR 200 ml BANANA UHT MILK 6 months AR 200 ml STRAWBERRY UHT MILK 6 months AR * 180 ml varieties for flavored milk may be available periodically.

14 READY TO EAT FRESH PUDDING Sütaş Tatlımmm s/ 4x60 g TATLIMMM CHOCOLATE-STRAWBERRY PUDDING 86 days AR 4x60 g TATLIMMM CHOCOLATE-MILK PUDDING 86 days AR 4x60 g TATLIMMM BANANA PUDDING 86 days AR 4x60 g TATLIMMM CHOCOLATE PUDDING 86 days AR 4x90 g TATLIMMM BITTER PUDDING 86 days TR 4x100 g TATLIMMM CHOCOLATE PUDDING 86 days TR 4x100 g TATLIMMM BANANA PUDDING 86 days TR

15 TRADITIONAL & SPECIAL YOGURTS s/ TRADITIONAL YOGHURTS 4x125 g HOMOGENIZED YOGHURT 31 days TR 150 g HOMOGENIZED YOGHURT 31 days AR 200 g HOMOGENIZED YOGHURT 31 days TR 200 g CREAM ON TOP YOGHURT 31 days TR 200 g YOGHURT- GLASS BOWL 31 days AR 500 g HOMOGENIZED YOGHURT - BOWL 31 days 9 66 TR 650 g HOMOGENIZED YOGHURT - BOWL 31 days 9 50 TR 650 g HALF FAT YOGHURT - BOWL 31 days 9 50 TR 750 g CREAM ON TOP YOGHURT - BOWL 31 days 5 66 AR 750 g YOGHURT - GLASS BOWL 31 days AR g HOMOGENIZED YOGHURT - BOWL 31 days TR g CREAM ON TOP YOGHURT 31 days TR g PAN YOGHURT 31 days AR g HOMOGENIZED YOGHURT 31 days 5 72 TR g PAN YOGHURT 31 days TR g CREAM ON TOP YOGHURT - BUCKET 31 days 4 72 TR g HOMOGENIZED YOGHURT - BUCKET 31 days 4 72 TR g HOMOGENIZED YOGHURT 31 days 4 32 TR 5 kg HOMOGENIZED HALF FAT YOGHURT - BUCKET 31 days 1 60 TR 10 kg HOMOGENIZED HALF FAT YOGHURT - BUCKET 31 days 1 48 TR 10 kg HOMOGENIZED YOGHURT - BUCKET 31 days 1 48 TR SPECIAL YOGHURTS 250 g STRAINED YOGHURT WITH GARLIC AND DILL 33 days TR 500 g CACIK 33 days AR 500 g YOGHURT WITH GARLIC 33 days TR 750 g STRAINED YOGHURT 33 days 8 66 TR

16 FRUIT YOGURTS & PROBIOTIC YOGURTS s/ FRUIT YOGHURTS 4x115 g FRUIT YOGHURT STRAWBERRY 33 days AR 4x115 g FRUIT YOGHURT FOREST FRUITS 33 days AR 4x115 g FRUIT YOGHURT PEACH+APRICOT 33 days AR 500 g FRUIT YOGHURT STRAWBERRY 33 days TR 500 g FRUIT YOGHURT FOREST FRUITS 33 days TR YOVITA - PROBIOTIC YOGHURTS 4x100 g YOVITA PLAIN 40 days TR

17 KIDS PRODUCTS / Minimix, Büyümix, Hüptrik, Babymix s/ HÜPTRİK 5x33 g HUPTRIK YOGHURT STRAWBERRY 33 days TR MINIMIX 2x90 g STRAWBERRY-FOREST FRUIT MINIMIX 40 days TR 2x90 g STRAWBERRY MINIMIX 40 days TR 2x90 g BANANA MINIMIX 40 days TR BUYUMIX 6x45 g BÜYÜMIX STRAWBERRY 40 days TR 6x45 g BÜYÜMİX MILK-BISCUIT 40 days TR 6x45 g BÜYÜMIX BANANA 40 days TR 6x45 g BÜYÜMİX FOREST FRUIT 40 days TR BABYMIX / BABY YOGHURT 4x100 g BABYMIX PLAIN (TODDLER FOOD) 33 days TR

18 AYRAN s/ 175 ml AYRAN 31 days TR 200 ml AYRAN 31 days AR 225 ml AYRAN 31 days TR 250 ml YOUNG BOTTLE AYRAN 31 days AR 300 ml AYRAN (GLASS BOTTLE) 31 days TR 300 ml AYRAN 31 days TR 1 L AYRAN 31 days AR 2 L AYRAN 31 days 6 40 AR

19 INDUSTRIAL PRODUCTS s/ 25 kg WHEY POWDER 1 Year 1 40 TR 25 kg DEMINERALIZED WHEY POWDER 1 Year 1 40 TR 25 kg MILK POWDER 1 Year 1 40 TR 25 kg SKIMMED MILK POWDER 1 Year 1 40 TR 25 kg BUTTER (-18) 1 Year 1 28 TR

20 IT IS VERY THAT WE MAKE A DIFFERENCE WITH OUR "FROM FARM TO TABLE" BUSINESS MODEL AGE FOR FR EE farms, dairy cattle dairy farmers students, farmers and training for 45 thous 0 and tons of AGE FOR compo annual un produc d feed tion AGE FOR visitors GE RA FO Forag e pro 15 th duction in decareo u s a n d s of lan d of raw milk milk tons Safety approved for production by tests daily ints les po 00 sa million litres annually distribution vehicles 77 different products 89% d: r nee of ou W-h 17,1leM y ctricit e ction produ Sütaş products are definitely in 8 of every 10 households