As Halkbank we are monitoring our GHG emissions since 2012. In 2020, we set a target to decrease our company-wide scope 1 and 2 emissions by 20% by 2040 from a base year of 2019. In 2021, we have taken action to establish a Climate Action Plan. In line with that and the most recent climate science of Science-Based Targets V5 criteria that have been published in 2021, we have reviewed and set our new absolute emission target for scopes 1 & 2. We re-established our target as reducing 55% of company-wide scope 1 and 2 GHG emissions from the 2019 base year until 2032. This target is in-line with 1.5Degrees world as stated in Paris Agreement and SBTi Criteria, as it corresponds to 4.2% annual linear reduction. The GHG emission scopes don't exclude any emissions or locations. The target doesn't include biogenic
emissions due to biogenic emissions are not relevant for Halkbank