Esteemed Stakeholders, As one of the first private companies in Turkey to receive an electricity distribution license, we have been distributing 'Energy for Life' in Izmir and Manisa since 2013, implementing electricity infrastructure investments based on economic, social, and ecological foundations. In line with our vision of becoming a leading global distribution company that adds value to life through technology, we work with an approach that considers the sustainability of our natural resources, environment and future generations. I am very proud to share with you our third sustainability report prepared with the motto "We distribute energy for life". We are a pioneering company working to provide safe and efficient energy to all our stakeholders in Izmir and Manisa. While delivering this service, we are delighted to present our to our valued stakeholders our "sustainability" perspective integrated with our corporate strategy, our sustainable governance model, our environmental and social performance and goals, and our story that considers the sustainability of the needs of future generations.

Changing global economic conditions and sustainability-oriented regulations have necessitated the adoption of new strategies based on risk and opportunity in the business world and opened a new page in sustainability issues. On the other hand, climate-based risk and opportunity disclosures indicate a new paradigm in the business world. 

This new paradigm makes corporate sustainability reporting more transparent, interactive, and strategic. Our strategic investments and sustainable business practices have been appreciated by all our stakeholders. The successes we have achieved strengthen our vision to maintain our pioneering position in the industry and to build a sustainable future.

In the search for a clean energy future, there is a need to significantly improve the physical infrastructure as well as sound economic policies that will accelerate the decarbonization of our country and make it sustainable in the long term, encouraging investments. With its sectoral experience and operational investments, Gaz Electricity offers the necessary perspective and competence to accelerate the decarbonization process.

As GDZ Electricity, we continue our efforts to reliably provide the essential energy necessary for modern lives in the face of extreme weather events caused or exacerbated by climate change.

We reinforced our leadership in sustainability by ranking first among Turkish companies in Moody's ESG assessment. In the Carbon Disclosure Project (CDP), an environmental reporting initiative, we proved our environmental performance and effectiveness in combating climate change by succeeding in raising our "B Level" rating we received in 2022 to "A Leadership Level " in 2023

In the coming years, we will increase the integration of renewable energy sources, focus on projects that promote energy efficiency and savings, and support sustainable energy solutions in our region. All these efforts are steps to continue our mission to create a greener, cleaner and more livable world not only for today but also for future generations. With the goal of providing sustainable and safe energy, our company not only became the sector leader in Turkey, but also ranked third in the emerging markets internationally. With this success, we are on our way to becoming the leading distribution company on a global scale, surpassing 97 percent of global companies.

I am excited about our company's contribution to shaping a sustainable future in the upcoming period. Trusting and supporting each other to further increase our individual impact is the way to make every success a team success. I would like to express my gratitude to our valued employees, customers and business partners who support our achievements. Together, we will continue to work towards a more sustainable life with energy.

Yours sincerely,

 Uğur YÜKSEL

 General Manager of Gdz Electricity