ERDEMIR2014 ENG

ERDEMİR GROUP

2014 ANNUAL REPORT

INTRODUCTION

• The most admired company in its sector.

Erdemir was selected as “the Most Admired Company” in its sector among the

Survey of Turkey’s 14th Most Admired Companies conducted by the Capital

Magazine.

• Star Exporter Award from IMMEA

The İstanbul Mining and Metal Exporters Association (IMMEA), which realizes

approximately 30% of Turkey’s total exports, handed out the Star Exporter

awards. Erdemir Group came second in the flat product category in the “2013

Star Exporter Awards”.

• The 3rd largest producer of un-processed steel in the EU-28

Erdemir Group ascended to 3rd ranking in terms of un-processed steel

production among the EU-28 producers according to 2013 un-processed steel

production figures published by the World Steel Association.

• 25th Period Collective Bargaining agreement signed in Erdemir.

The 25th Period Collective Bargaining negotiations between the Turkey Metal

Industrialists Labor Union (MILU), which represents Erdemir, and the Turkey

Metal Labor Union started on December 2, 2013, and an agreement was

reached on March 24, 2014.

• İsdemir granted ISO TS 16949 Quality Management System Certificate

İsdemir was handed the ISO TS 16949 Quality Management System Certificate,

which is deemed to be the most prestigious certificate in the automotive

sector. The certificate is prepared in accordance with the special requirements

of the sector and prominent international automotive producers require their

suppliers to hold the certificate. Erdemir has been operating in accordance

with the requirements of ISO TS 16949 since 2007.

• A record taxpayer in 2013

Erdemir ranked first in terms of its corporation payments in Zonguldak

and 18th in the country with TL 157.9 million of corporation tax paid at the

company level pertaining to the 2013 tax period, according to Tax Office

figures. Ermaden ranked 71st with TL 33.5 million of tax payments.

• Erdemir wins Productivity Award

The Productivity Project Award was first organized in 2014 by the Ministry

of Science, Industry and Technology with the aim of boosting Turkey’s

competitiveness and enabling the country’s economy to achieve a productivity

based sustainable structure. Erdemir was deemed worthy of the second award

in the “Large-Scale Company Process Improvement” category. Erdemir won

the award with the “Design of Experiments (DoE)” technique and “Optimization

of Formability Parameters in 6513 Grade Steels” subject in the Productivity

Project Awards that aim to support productivity increase within the companies,

and help spread an awareness of productivity and best practice examples.

ERDEMİR WAS SELECTED AS “THE

MOST ADMIRED COMPANY” IN ITS

SECTOR ACCORDING TO THE 14TH

SURVEY OF TURKEY’S MOST ADMIRED

COMPANIES CONDUCTED BY THE

CAPITAL MAGAZINE.

ERDEMİR WAS THE LEADING

TAXPAYER IN ZONGULDAK

AND 18TH IN TURKEY,

PAYING TL 157.9 MILLION IN

CORPORATION TAX IN 2013.