Summary Report of the Board of Directors

In 2025, key topics on the global economic agenda included rising trade tensions, reciprocal customs tariffs, geopolitical risks, strengthened demand for precious metals, and central banks' interest rate decisions and anti inflation measures.

In the United States, 2025 was a period in which efforts were made to maintain a balance between inflation and the labor market, while the European Central Bank (ECB) took actions throughout the year in line with prevailing market conditions.

Meanwhile, China responded to the U.S. tariff increases on the basis of reciprocity, while its advancements in the field of technology continued to remain at the forefront of global discussions.

In 2025, the primary focus of Türkiye's economy revolved around inflation and monetary policy decisions. Through the determined steps taken by our economic administration throughout the year, the continuity of the disinflation process was ensured. It is anticipated that 2026 will be a year in which the real economy will once again be strongly supported, investments will grow, and the labor market will gain momentum.

As of the end of 2025, the share of participation banking within the overall banking sector reached approximately 9%. The role of participation banking within the sector is of great importance for enhancing the resilience and robustness of Türkiye's financial system.

On the other hand, Ziraat Katilim Bank, celebrating its 10th anniversary, achieved a market share of around 18% within the participation banking sector by year end, and continued its branch expansion efforts as in previous years.

In this regard, in line with our mission to expand participation banking, we will continue to contribute to Türkiye's economy through our customer centric service approach and sustainable profitability targets, while diversifying our financial products and services to reach all segments of society. We extend our gratitude to all our employees and customers for their contributions to the success of our Bank.

Ziraat Katilim Board of Directors