Sabancı Group in Brief

Hacı Ömer Sabancı Holding A.Ş. (Sabancı Holding), Türkiye’s leading conglomerate, is a holding company engaged in a wide variety of business activities through its subsidiaries and affiliates, mainly in the banking, financial services, energy, industrials, building materials, digital and retail sectors. Sabancı Holding is domiciled in the Republic of Türkiye, with headquarters in İstanbul.

Sabancı Holding coordinates and supports the finance, strategy, business development, legal, human capital and sustainability functions of Group companies. The Holding aims to ensure that Group companies operate in a manner that is profitable and sustainable with favorable competitive conditions. In addition, Sabancı Holding sets and monitors the corporate governance practices that apply across Sabancı Group.

Sabancı Holding is managed by an Executive Committee, a team of top level executives including the Chief Executive Officer, Group Chief Financial Officer, Strategic Business Unit Presidents and function-based Group Presidents.

The Executive Committee is mainly responsible for major capital allocation decisions and reports to the Board of Directors, which is the ultimate decision-making body of the Holding.

The Board of Directors has four sub committees: Audit Committee, Corporate Governance, Nomination and Remuneration Committee, Early Detection of Risk Committee and Sustainability Committee, each of which directly reports to the Board of Directors in regard to their areas of function.

Sabancı Holding defines its holding value-add in three pillars: performance culture, dynamic portfolio management, and value creation via data driven ecosystem. Under the Holding’s performance culture, a short-term and long term management incentive system is adopted across the organization. Performance evaluation is conducted on an annual basis, involving various financial and non-financial criteria. Revenue, EBITDA, free cash flow and the relative total shareholder return (rTSR) of listed companies are financial key performance indicators (KPIs)*. Meanwhile, the improvement in ESG ratings and actions to reach the Group’s Net Zero Emission and Zero Waste by 2050 target are the non financial KPIs*. Net Asset Value (NAV) growth and rTSR are among the KPIs used in determining long term incentives.*

In dynamic portfolio management, Sabancı Group focuses on growth and strengthening its market leading positions in its core businesses and investing in new growth platforms, particularly in energy and climate technologies, advanced material technologies, digital technologies and healthcare ecosystem. The Group’s overarching goal in its approach to dynamic portfolio management is maximizing shareholder returns while maintaining its healthy balance sheet structure.

Operating as a value-focused, data driven ecosystem to support innovation and transformation across the Group, Sabancı Group companies have investments in 14 countries worldwide and supply their products and services around the world. Sabancı Holding’s multinational business partners include leading global companies such as Ageas, Bridgestone, Carrefour, E.ON, Heidelberg Materials, and Skoda.

Sabancı Holding is registered with the Capital Markets Board, the securities regulator of Türkiye. Since 1997, Sabancı Holding has been listed on Borsa Istanbul. The Sabancı Family jointly controls Sabancı Holding as a majority shareholder, while 49.61% of the Holding’s shares is publicly traded. As of year-end 2022, Sabancı Holding and its listed 11 subsidiaries’ shares constitute around 6% of the total market capitalization of Borsa Istanbul. In 2022, Sabancı Group reported combined revenue of TL 404 billion and consolidated net income of TL 44 billion.

*KPIs are not limited to the examples cited here.