Tera Yatirim Menkul Degerler AS · BIST:TERA
Tera Yatirim Menkul Degerler AS — Tera Yatırım Menkul Değerler A.Ş. — Investor Presentation (June 2026)
35 slides from Tera Yatirim Menkul Degerler AS's investor presentation, Jun 30, 2026
Slide 1: Tera Yatırım Menkul Değerler A.Ş. Investor Presentation
Tera Yatırım Menkul Değerler A.Ş. Investor Presentation 30.06.2026
Slide 2: Table of Contents
Table of Contents 01 Who We Are 02 Our Business Activities 03 Financial Performance 04 Liaison Offices
Slide 3: Who We Are?
TERA YATIRIM Who We Are?
Slide 4: Tera Group Milestones
STRENGTHENED CAPITAL TERA GROUP TERA YATIRIM MILESTONES TRY 700 Million TERA BANK Through strategic acquisitions and mergers, the Group has fostered a strong culture of synergy and integration. TRY 3.5 Billion TERA YATIRIM TRA TECH ERSTE GRUP BCG PARTNERS TERA BANK TERA FİNANSAL İSTANBUL MENKUL YATI
Slide 5: Tera Group Companies
TERA GROUP ▦ We create sustainable growth and value through our strong investments across diverse sectors. COMPANİES FİNANCE GROUP TECHNOLOGY & VENTURE STRATEGIC MARKETS REAL ESTATE GROUP ▥ ◎ CAPITAL GROUP ♧ GROUP ▥ A business unit managing a domestic and international Group companies focused on the
Slide 6: Tera Group: A Growing Ecosystem, Creating Value Together
TERA GROUP A Growing Ecosystem, Creating Value Together Founded in 2005, Tera Group continues to shape its future through investments focused on finance and technology, underpinned by a commitment to sustainable growth. Strategic Investments Strong Ecosystem Sustainable Value Investing in Türkiye’s
Slide 7: Tera Yatırım at a Glance
Tera Yatırım at a Glance TODAY — OUR SCALE IN 2026 251K+ 20 878 M$ 4.000% #36 INVESTORS IPO BROKERAGE VOLUME CAPITAL INCREASE MARKET CAPITALIZATION Leadership Over the Reaching As of June 30, 2026 IPO Size Increase from 290th to 36th Past Six Years TRY 28.7 Billion
Slide 8: Founded in 2015, one of Türkiye's most active brokerage firms
Founded in 2015, we have become one of Türkiye’s most active brokerage firms within a decade. Named after “Terra,” the ancient Roman goddess of abundance and fertility, Tera Yatırım has become one of Türkiye’s leading institutions in investment banking and brokerage by combining next-generation tech
Slide 9: Who We Are?
Who We Are? Tera Yatırım is Türkiye’s largest brokerage firm by total assets. People & Expertise Group & Capital Strength Regulation & Licensing 25+ Years of Average Experience TRY 3.5 Billion Paid-in Capital One of the Few Groups Licensed by the BRSA A fully integrated structure spanning the entire
Slide 10: Tera Group Shareholding Structure
Tera Group Shareholding Structure Shareholding Ratios as of June 30, 2026 Share in Capital (TRY) Share in Capital (%) Voting Rights (%) %7,49 Emre Tezmen 223.271.997,77 %31,90 44,27 %11,21 Oğuz Tezmen 176.223.109,35 %25,17 19,58 %31,90 5 Diğer 169.626.261,32 %24,23 21,61 O R T AK %24,23 Tera Portföy
Slide 11: Management Team
SENIOR MANAGEMENT Emir Münir Sarpyener Vice Chairman of the Board & CEO Management Team Experienced Management Team and Independent Audit Structure Şükrü Cem Kaya Assistant General Manager – Domestic Markets & Digital Marketing YÖNETİM KURULU Emre Tezmen Cüneyt Şenlik Chairman of the Board Assistant
Slide 12: Our Values
Our Values Five core values define Tera’s way of doing business and guide its decision-making framework. Agility & Adaptability Moral Values & Ethics Innovation & Imagination Diversity & Inclusion Growth Mindset & Loyalty Our People Are the Source of Moving Forward with a Shared At the Heart of How
Slide 13: Our Business Activities
TERA YATIRIM Our Business Activities
Slide 14: Business Areas
Business Areas A broad range of products and services, from capital market instruments to corporate finance. Equity Trading Futures Transactions Leveraged Transactions Corporate Finance 6 Products 2 Products 3 Products 8 Products • Strategic Advisory • Equities • VIOP Futures • Forex (FX) • Mergers
Slide 15: Organizational Structure
Organizational Structure 16 departments reporting to the General Management; Risk, Internal Audit, and Compliance functions report directly to the Board of Directors. Clients & Revenue Investment & Trading Operations & Support Risk & Compliance Market Expansion & Relationship Management Products, Re
Slide 16: Corporate Finance
Corporate Finance 20 Transactions in 6 Years, USD 878 Million in Brokerage Volume, Proven Execution Track Record 6 years 20 Transactions 878 Million $ Active Corporate Finance Track Record Successfully Completed Transactions Total Brokerage Volume OUR APPRO ACH SERVICE PORTFOLIO Initial Public Offer
Slide 17: IPO Activities
IPO Activities 20 878 Million $ 43,9 Million $ 132,3 Million $ Total Transactions Total Transaction Size Average Transaction Size Largest Transaction (Şa-Ra Enerji) IPO RANKING (2020 –2026) 55,4 M$ 56,3 M$ 132,3 M$ 34,3 M$ 7,0 M$ 71,7 M$ 33,1 M$ 109,8 M$ 72,9 M$ 25,0 M$ August 2026 August 2026 July
Slide 18: Bond, Debt Securities & Valuation Activities
Bond, Debt Securities & Valuation Activities Valuation, Bond Issuance and Capital Markets Projects Completed by the Corporate Finance Team Meysu Gıda Sanayi ve Ticaret Balia Yatırım Holding Milpa 2026 | Price Determination Report 2024 | Valuation Report 2023 | Valuation Report Kobi Girişim Sermayesi
Slide 19: Institutional Sales
Institutional Sales Leveraging a global investor network, we provide high-quality institutional services to domestic and international institutional investors, supported by in-depth market expertise and a robust research infrastructure. Global Investor Network Institutional Access Strong Relationshi
Slide 20: Retail Brokerage
RETAIL BROKERAGE Tera Yatırım Menkul Değerler A.Ş. is a trusted investment partner supporting retail investors in achieving their financial goals. We place each client’s unique needs at the center of our approach, providing personalized financial advisory services and aiming to provide informed guid
Slide 21: Research
Research Tera Yatırım’s Research Department serves domestic and international institutional clients, as well as domestic retail investors. Macroeconomic, microeconomic, and political developments are closely monitored and analyzed from a rational and objective perspective. The team prepares equity r
Slide 22: Financial Performance
TERA YATIRIM Financial Performance
Slide 23: Financial Tables (TRY Million)
Financial Tables (TRY Million) TERA YATIRIM (Consolidated) – Summary Financial Statements (TL) ■ STATEMENT OF FINANCIAL POSITION (BALANCE SHEET) 30.06.2026 31.12.2025 Δ (%) Total Current Assets 251.067 153.127 63,96% Total Non-Current Assets 759 785 -3,32% TOTAL ASSETS 251.826 153.913 63,62% 30.06.2
Slide 24: Financial Tables (USD Million)
Financial Tables (USD Million) TERA YATIRIM (Consolidated) – Summary Financial Statements ■ STATEMENT OF FINANCIAL POSITION (BALANCE SHEET) 30.06.2026 31.12.2025 Δ (%) Total Current Assets 5.405 3.573 51,27% Total Non-Current Assets 16 18 -10,80% TOTAL ASSETS 5.422 3.592 50,96% 30.06.2026 31.12.2025
Slide 25: Financial Highlights
Financial Highlights Q2 2025 – Q2 2026 Comparison (TRY Million) Revenue Net Profit / (Loss) Operating Profit 112.716 59.625 46.261 24.500 23.261 4.591 6M 2025 6M 2026 6M 2025 6M 2026 6M 2025 6M 2026
Slide 26: Financial Highlights (Balance Sheet Highlights)
Financial Highlights (Balance Sheet Highlights) FY 2025 – 6M 2026 Comparison Current Assets (Million TRY) Current Liabilities (Million TRY) Total Assets (Million TRY) Net Working Capital (Million TRY) 251.067 251.826 158.573 153.127 153.913 109.155 92.494 43.972 12M 2025 6M 2026 12M 2025 6M 2026 12M
Slide 27: Financial Highlights (Profitability Ratios)
Financial Highlights (Profitability Ratios) Quarterly Trend, 2025/6 – 2026/06 (%) Net Profit Margin (%) Operating Profit Margin (%) 22 19 46 34 36 12 10 10 7 -5 2025/06 2025/09 2025/12 2026/03 2026/06 2025/06 2025/09 2025/12 2026/03 2026/06 ROE – Annualized Return on Equity (%) ROA – Annualized Retu
Slide 28: Asset and Liability Structure
Asset and Liability Structure 6M 2025–6M 2026 Comparison ASSET COMPOSITION (%) LIABILITY & EQUITY COMPOSITION (%) 0,5% 0,3% 8,6% 8,9% 9,8% 18,7% 22,4% 63,0% Non-Current Assets 70,9% 25,0% Other Current Assets Current Liabilities Cash and Cash Equivalents Non-Current Liabilities Trade Receivables Equ
Slide 29: Operational Highlights
Operational Highlights BROKERAGE FIRM EQUITY TRADING VOLUME DATA · Q2 2026 (Among 60 Brokerage Firms)* Metric January February March April May June Q2 2026 Tera Trading Volume (TRY bn) 166.4 113.6 139.5 233.6 156.8 167.3 557.7 Total Sector Trading Volume (TRY bn) 11,497.8 11,909.4 9,501.7 11,807.6 9
Slide 30: Funds
Funds Tera Portföy Investment Funds — Q2 2026 Performance TP2 Money Market (TRY) Fund — TRY 160 Billion TLY First Free Fund — TRY 201 Billion Fund Size — TMV Algorithmic Strategies Free Fund — TRY 15 Fund Size — 122,953 Investors 91,173 Investors Billion Fund Size — 4,534 Investors Return %25,9 Retu
Slide 31: Credit Rating
Credit Rating Issuer and Issue Ratings Assigned in Two Different Rating Periods OCTOBER 31,2025 FEBRUARY 19,2026 A (tr) Long-Term National Issuer Credit Rating (Stable) A (tr) Long-Term National Issuer Credit Rating (Stable) Short-Term National Issuer Credit Rating J1 (tr) / Stable Short-Term Nation
Slide 32: Tera Yatırım Share Price Performance
Tera Yatırım Menkul Değerler Share Price Performance TERA · Q2 2026 Performance ₺172 → ₺177 2,9 TRY Billion Opening → Closing Average Trading Volume 327 308 230 239 178 185 January February March April May June
Slide 33: Our Liaison Offices
Our Liaison Offices Head Office Akasya Liaison Office Kadıköy Liaison Office Ankara Liaison Office Maslak Mah. Eski Büyükdere Cad. Kapital Akasya Acıbadem Konutları, Kent Etabı Kule Koşuyolu Mah. Cevat Paşa Sok. No:19 Next Level Residence. Kızılırmak Mah. Plaza. No:17-19, İç Kapı No: 5 A1 Kat:18 D:6
Slide 34: Legal Disclaimer
Legal Disclaimer This report has been prepared by Tera Yatırım Menkul Değerler A.Ş. for informational purposes only. The Company’s past performance is not indicative of its future performance. The information, comments, and recommendations contained herein do not constitute investment advice. Invest
Slide 35: www.terayatirim.com
HEAD OFFICE INVESTOR RELATIONS Eski Büyükdere Cad. No:9, İz Plaza Giz 0 212 365 1026 www.terayatirim.com Kat:11 34398 Maslak / İstanbul [email protected] 0 212 365 1000
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