Mid-term Targets for the Period 2024 - 2029
The Board of Directors resolved in its meeting dated 8/10/2024 that the medium-term targets of Sabancı Holding for the period 2024 - 2029 shall be accepted as set out below and that these matters be disclosed to the public within the framework of Article 10 titled "Public Disclosure of Future Assessments" of the Capital Markets Board's Communiqué on Material Events No. II-15.1.
| Criteria | Target |
|---|
| Net Asset Value (excluding Holding cash) * |
20 billion USD |
| WACC ** Adjusted Return |
+120-150 basis points |
| CAPEX / Revenue *** |
%15 - %20 |
| FX Revenue Share*** |
≥%30 |
| Net Debt / EBITDA Ratio*** |
≤2.0x |
* End of the expectation period
** Weighted Average Cost of Capital, expectation period average
*** Non-bank, combined, expectations period average
Forward-looking statements, which are set as medium-term targets, are based on the realization of contemplated business plans and the assumption that current business conditions in the markets continue, and various changes in the realization of assumptions may cause actual results to differ from those estimates