Page 9 - Annual Report 2018

NUROL CONSTRUCTION, which maintains a very large share in our total financial turnover, has been continuing
operations both in Turkey, ands is carrying out works in countries spread over a wide geographical area, from the
UAE, Saudi Arabia, Libya, Algeria, Morocco and Qatar to Georgia, Russia, Turkmenistan, Uzbekistan, Iraq and
Afghanistan. Our researches in the Middle and Far East, the Balkans, Eastern Europe and South America are
ongoing, and the potentials in Africa, mainly in the Sub-Saharan African nations, are being closely monitored.

Serving toward the fulfillment of the needs of the Turkish defense sector, NUROL MAKİNA, NUROL TEKNOLOJİ and
FNSS are continuing their efforts in production, design and engineering, offering integrated solution packages that
are tailor-made for user requirements. By generating employment, establishing a supply chain and transferring
technology, our companies continue to create economic added value not only in Turkey, but also in other countries
where they have undersigned many important projects.

NUROL Holding keeps contributing the Turkish economy in Mining with its company titled TÜMAD Madencilik and
with the slogan “mine for human” it produces in line with the sustainability principles based on the element of
respect for human and environment in its firms. Being in compliance with the performance requirements of
European Bank for Reconstruction and Development (EBRD), TÜMAD Madencilik has become one of the pioneering
companies as the new power of the country in gold production with its projects based on the “Best Practicable
Technologies”.

While focusing on the commercial successes of our companies, we strive to fulfill our social responsibility with
projects that bring social benefit to many fields, including education, culture, the arts and sports, through the work
of NURLOL VAKFI (Nurol Foundation). To protect Turkey’s natural and cultural heritage, we have launched various
social activities around the country, and particularly in the regions in which we have invested.

Through our investments in support of national development for more than half century, we strive to provide
better and more qualified services through our contributions to the national economy and to employment, and
through the inflows of foreign currency we bring. We will continue to be involved in successful projects in such a
way that is worthy of the NUROL name, and to represent our country in the best manner, without compromise to
universal values while moving towards our goal of profitable growth abroad.

I offer my thanks to the members of the NUROL FAMILY, particularly to our Founding Partners, who have worked
with devotion toward a single objective, from the past to the present, without sacrifice to our ethical values, for
their contributions to our unity and solidarity, and stress my hope for days full of peace, health and welfare, both
for our nation, and the world as a whole.

Best Regards,

Nurettin ÇARMIKLI
Chairman of Board

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