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Individual Pension System 2016 Progress Report

Average Amount of State Contribution Paid per Participant in Top 20 Provinces

      Avarage State Contribution Amount Paid (TL)  1,800  2,945                                                                                                                                                                                 3,150               Total Amount of State Contribution Paid (TL)
                                                   1,600                                                                                                                                                                                        2,800

                                                   1,400  1,707                                                                                                                                                                                 2,450
                                                                   1,575
                                                   1,200                                                                                                                                                                                        2,100
                                                                            1,504
                                                   1,000                             1,329                                                                                                                                                      1,750
                                                                                              1,309
                                                   800                                                  1,348
                                                   600                                                           1,261
                                                   400                                                                    1,292
                                                   200
                                                                                                                                   1,388
                                                      0                                                                                      1,406
                                                                                                                                                      1,076
                                                                                                                                                               1,228
                                                                                                                                                                        1,264
                                                                                                                                                                                  1,247
                                                                                                                                                                                           1,283
                                                                                                                                                                                                    1,230
                                                                                                                                                                                                             1,108
                                                                                                                                                                                                                       1,150
                                                                                                                                                                                                                                1,139
                                                                                                                                                                                                                                         1,100
                                                                                                                                                                                                               1,400

                                                                 931

                                                                                                                                                                                                               1,050

                                                                          654

                                                                                                                                                                                                               700

                                                                                    338 319

                                                                                              213 213 165 165 135 121 116 116 109 106 106 105 98 95 91 350

                                                                                                                                                                                                               0
                                                          İstanbul
G.95                                                              Ankara

                                                                          İzmir
                                                                                  Antalya

                                                                                          Bursa
                                                                                                  Adana
                                                                                                          Kocaeli

                                                                                                                  İçel
                                                                                                                          Muğla
                                                                                                                                  Denizli
                                                                                                                                          Konya
                                                                                                                                                  Balıkesir
                                                                                                                                                           Aydın
                                                                                                                                                                   Gaziantep
                                                                                                                                                                           Eskişehir
                                                                                                                                                                                   Hatay
                                                                                                                                                                                           Manisa
                                                                                                                                                                                                   Tekirdağ
                                                                                                                                                                                                           Samsun
                                                                                                                                                                                                                   Kayseri

      Average amount of state contribution paid per participant as of 2016 year-end analyzed according to “Top 20 Provinces
      Where the Highest State Contribution Paid”.

Rate of State Contribution Limit Utilisation

                                                            Group Of         (0% - 25%]                (25% - 50%]  (50% - 75%]                  (75% - 100%)        [100%]
                                                   State Contribution Limit
                                                                             State Contribution Limits Utilisation Rate Average of Participants
                                                            Utilisation
                                                                                                       25.3                                      72.7
                                                        56 and Over                                                                                                   10.8

                                                                                                                                                                                3.7
                                                                                                                                                                                         4.8
                                                                                                                                                                                                        8.1

      Age Group of Participants                    Age 45 - 55                                   20.0                                            78.6                11.3
                                                   Age 35 - 44                          15.3                                                                                   9.2 3.3
                                                                                                                                                               85.4                  2.2 3.1
                                                                                                                                                                                         1.5
                                                                                                                                                                                           1.6 3.6

                                                   Age 25 - 34                     9.9                                                                                                                                                          94.1
                                                      Under 25               7.0                                                                                                                                                                    96.2

                                                                                                                                                                                                                                                           1.9 4.1

                                                   All Age Groups                       15.3                                                                         85.9
                                                                                                                                                                                    7.9
                                                                                                                                                                                           2.1
                                                                                                                                                                                               1.9
                                                                                                                                                                                                   2.2

                                                                   0 10 20 30 40 50 60 70 80 90 100
                                                                                                                                            Ratio (%)

G.96  The three year average of the utilisation rate of state contribution limit used by participants are analyzed. The graph
      is detailed according to “Participants Age Groups” by the end of 2015 and “Rate Groups of Average State Contribution
      Limit Utilisation Rate”. Participants who get the maximum state contribution amount that can be received through the
      contribution of the transferred account in the calculation year is shown as 100% limit used.

Individual Pension System Data                                                                               56
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