EGC AGRI CAPITAL Company profile 2015

For more information about EGC Agri Capital, please visit the website at

www.egcyo.com

Bati Agriculture

Doga Dairy Farm

Our subsidiaries

Our mission, vision

About us

Our world

Content

Tolina Organic Dairy Farm

Senyayla Sheep Farm

EGC Agri Capital, proceeding and adding value to the

future, with its specialization, experience and

accumulation, by assigning different meanings to the

familiar concepts of the investment.

Investment problems turn into satisfactory responses

and long term sustainable high returns, thanks to the

performance of EGC Agri Capital.

Mission,

is to maximize shareholder value through investments

in the agriculture industry.

Vision,

is to transform the Turkish agriculture industry into a

transparent and reliable alternative investment

platform through good governance principles.

Our mission, vision

About us

The first and only agriculture focused venture capital

company in Turkey

Egeli & Co. Agriculture

Investment Trust (“EGC Agri

Capital” BIST: EGCYO) is the

first and only agriculture-oriented

Turkish venture capital company

in Turkey. It is a closed-end

investment platform. The

company provides opportunities

to exploit the potential in

agriculture to domestic and

foreign institutional and

individual investors.

EGC Agri Capital aims to provide

sustainable returns in the long-

term for its shareholders with its

value-based approach.

Listed on Borsa Istanbul (BIST),

EGC Agri Capital provides

investors with a unique

opportunity to utilize the growth

potential in Turkish agriculture

sector, through a transparent

environment regulated and

monitored by the Capital Markets

Board (CMB) of Turkey. EGC Agri

Capital which is regulated under

the VCIT Communique of CMB,

granting all tax benefits of an

investment trust.

EGC Agri Capital is managed

/advised by Egeli & Co. Asset

Management (EPYAS) which is

authorized and regulated by the

CMB of Turkey.

EGC Agri Capital has also a well-

established corporate governance

system which ensures efficient

control of management’s

execution of strategic decisions.

About us

Basic Facts:

Investment Theme Agriculture

Investment Manager Egeli & Co. Asset Management (Turkey)

Structure Closed-End Fund / Listed on Borsa Istanbul

Launch Date June 2011

End of Fiscal Year 31 December

Minimum Investment 1 share /Listed on Borsa Istanbul

Management Fee 2% p.a.

Incentive Fee 20% per CMB Legislation

Paid-in Capital TRL 22 million

Registered Capital TRL 200 million

ISIN Code TRAEVREN91Q7

BIST Ticker EGCYO

Domicile Turkey

Legislation Regulated by CMB

Auditor PWC

Shareholder Structure

14,38% 9,4% 76,22%

Egeli & Co. Investment

Holding

Egeli & Co. Asset

Management

Free Float / Other

Private equity transactions in Turkish agriculture sector.

Opportunity to benefit from growth potentials in agriculture

sector.

Liquidity in investment theme through publicly traded

investment platform.

Transparency through investment platform regulated by the

CMB.

An investment team that performs an active management of

the portfolio companies, in line with EGC Agri Capital’s

strategic priorities.

Team with a unique experience in project development and

operational know-how in Turkish agriculture sector, on top its

transaction expertise.

Realized investments of TL 18mn (including shareholders’

loan by EGC Agri Capital) with an expected average annual

return of over 20% since April 2011.

Continuous focus on investing in agribusiness companies

with growth potential, increasing profit margins and

management teams with a proven track record.

Unique characteristics include:

Our World

Investment map

Aegean Region of Turkey

Izmir

Denizli

Senyayla Farm Sheep breeding for milk and meat in Denizli

Investment Date: December 2013

EGC Agri Capital Share: 100.00%

Doga Agriculture Dairy farm in Denizli

Investment Date: June 2012

EGC Agri Capital Share: 100.00%

Tolina Agriculture Dariy farm for organic milk at Izmir

Investment Date: June 2012

EGC Agri Capital Share: 43.57%

Bati Agriculture Land consolidation and seasonal planting in

Denizli

Investment Date: June 2011

EGC Agri Capital Share: 100.00%

Our Subsidiaries

Bati Agriculture

The scope of Bati Agriculture

Investments (“Bati Agriculture”)

which operates in Denizli, is

consolidating cultivable land and

seasonal planting.

Bati Agriculture reached

approximately 120 hectares within

the scope of the cultivable land

development project and the land

development efforts are still

continuing in the area.

The objective of Bati Agriculture is

contributing to regional

development and economy by

enhancing prosperity and

employment in the region while

providing long term returns to its

shareholders.

In this context, our endeavors

continue for consolidating

uncultivated land and bringing them

in the agricultural economy.

Materializing infrastructure

investments on uncultivated lands

purchased for consolidation, Bati

Agriculture efficiently implements

the right technology. The Company is

aiming to bring these lands into the

economy by choosing the proper

crops suitable for the region.

The required infrastructure

investments for the purchased lands

were made in line with the data

obtained from the analysis which

took place in the consolidated

region and also seasonal crop

plantation was carried out in line

with the regional product range.

Company’s target is to increase the

size of the land.

Consolidating cultivable land

and seasonal planting

Senyayla Sheep Farm

The operations of Senyayla Farm

are; raising dairy sheep for its

milk and raising meat sheep for

slaughter, as well as selling

mature & fertile sheep -of both

dairy and meat kind- in Denizli

region. Bati Agriculture realized

this farm investment,

approximately for TL 4.8 million.

For the first phase of investment

Bati Agriculture was found eligible

for grant of TL 1.6 million to use

in investment of dairy sheep farm

in July 2013, within the scope of

European Union Instrument for

Pre-accession Assistance for

Rural Development (IPARD), a

program announced and

managed by the Agriculture and

Rural Development Support

Institution (TKDK) and supported

by European Union (EU).

With the grant taken, the

Company started its construction

and infrastructure investments in

the fastest manner. It completed a

huge investment within a very

short period of time which can be

considered a record, at a location

10 km far from the closest

residential area. The facilities was

constructed on a land of

approximately 40 decares and

completed five months after

announcement of the grant, in

December 2013. Installation of

the equipment was completed in

January 2014. The Company

started its operations at the end

March 2014 as planned, with the

purchase of the first batch of 300

sheep.

On the farm land, there exist 6

barns each with a capacity of

either 300 sheep or 600 lambs,

feed and silage storage, milk

production facilities, an

administrative building,

shepherd’s house, veterinary

office and social facility.

Sheep breeding for milk

and meat

Doga Dairy Farm

Doga Tarim Hayvancilik Gida

Pazarlama San. ve Tic. A.S.

(“Doga Agriculture”) which was

founded on September 2010

joined EGC Agri Capital when

90.05% of its shares were taken

over in June 2012.

The Company utilizes its high

technology and infrastructure to

produce high quality and healthy

disease free milk in conformity

with EU standards from imported,

high yield bearing animals.

Possessing a license for

comprising 600 wet cows; Doga

Agriculture is holding a Certificate

for Free from Infections and also

Environmental Impact

Assessment (EIA) Report. Doga

Agriculture is an approved dairy

farm by the Ministry of Food,

Agriculture and Livestock for milk

and dairy product exports to the

European Union.

Doga Agriculture has a herd

capacity of 1,200; its cow capacity

is 700, pregnant heifer capacity is

225, heifer and calves capacity is

225 and male livestock capacity

is 50.

Besides from barns, Doga

Agriculture has also an infirmary

and delivery room, a milking area,

an administrative building, folder

storages, corn silage area,

manure pits, walking areas,

commodity storage in the farm.

The Company completed pre-mix

feed production line in August

2015 and is currently evaluating

livestock breeding project for 300

animals.

Among the medium term

investment plans, there is a plan

to build a facility similar to the

existing plant, with 700 wet cow

capacity on the lands available

but not currently in use.

Producing high quality milk

with Certificate for Free from Disease

and EU Compliance Certification

Tolina Organic Dairy Farm

In October 2012 EGC Agri Capital

acquired 43.57% of the shares of

Tolina Tarim Hayvancilik Gida

San. ve Tic. San. A.S. (“Tolina

Agriculture”), which was founded

in Bayindir township of Izmir with

a capacity of 500 — wet and dry

cows 250, pregnant heifers 125,

heifers and calves 100, male

livestock 24 — by Hacaloglu Tarim

Hayvancilik ve Turizm Yatirimları

San. Tic. Ltd. Sti. which stopped

its operations between 2007 and

2011. After becoming

shareholder of Tolina Agriculture,

the modernization works for the

reoperation of the establishment

were completed and the required

investments for the commercial

operations were completed. 194

pregnant heifers were imported

in January 2013.

Tolina Agriculture is holding a

Certificate for Plants Free from

Disease and Infections and

Certificate for EU Alignment.

Tolina Agriculture completed

organic feed procurement as of

November 2014 and the organic

feeding required for organic

certification started. The

certification process is completed in

August 2015 and Tolina Agriculture

started to supply organic milk as of

August 2015.

Tolina Agriculture is the only EU

approved, organic certified, disease-

free milk farm in Turkey. In terms of

production it ranks in top three.

An EU approved

organic dairy farm

with Free From Disease Certificate

EU approval certification

An EU approved

organic dairy farm

with Free From Disease Certificate

For more information about EGC Agri Capital, please visit the website at

www.egcyo.com

www.egcyo.com

Abdi Ipekci Cad. No:40 / 12–13

Nisantasi Istanbul TURKEY

+90 212 343 06 26