SUSTAINABILITY COMMITTEE

Name Surname	Title
Ukaşe Gümüşer	Chairman (Deputy Chairman of the Board and General Manager)
Fatih Yılmaz	Member (Board Member Responsible for Financial Affairs)
Kadri Yeltekin	Member (Deputy General Manager Responsible for Printing and Packaging)
Selma Demirdağ	Member (Human Resources Manager)
Yücel Koç	Member (Publishing Coordinator)

 

İHLAS GAZETECİLİK A.Ş.

SUSTAINABILITY GOVERNANCE POLICY AND PROCEDURES

(TSRS compliant)

1. INTRODUCTION AND APPROACH

İhlas Gazetecilik A.Ş. considers sustainability as an integral part of its business model and integrates environmental, social, and governance (ESG) risks and opportunities at a strategic level. In line with its vision of creating long-term value through newspaper sales, commercial printing, packaging production, and news agency activities via its subsidiaries, it has established a corporate sustainability governance structure.

This policy has been prepared within the framework of the Turkish Sustainability Reporting Standards (TSRS) to define, at a corporate level, the oversight, control, and reporting processes regarding the management of sustainability and climate-related risks.

2. OVERSIGHT ROLE OF THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT

The Board of Directors is responsible for the ultimate oversight of İhlas Gazetecilik A.Ş.’s sustainability strategies. Sustainability-related risks and opportunities are regularly evaluated within the strategic governance agenda, and major investment decisions, risk management, and performance targets are shaped accordingly.

The Deputy Chairman of the Board and General Manager also serves as the Chairman of the Sustainability Committee and ensures the holistic coordination of the company’s sustainability practices.

Within the corporate governance structure, roles and responsibilities related to sustainability are clearly integrated into the job descriptions of relevant senior executives.

3. SUSTAINABILITY COMMITTEE AND INFRASTRUCTURE

3.1 Purpose, Structure, and Responsibilities of the Committee

Purpose of the Committee:

The Sustainability Committee operates to monitor environmental, social, and governance (ESG) risks and opportunities of İhlas Gazetecilik A.Ş. at a strategic level, fulfill obligations under TSRS, and integrate sustainability across the organization.

Structure of the Committee:

Member	Position	Sustainability Role
Deputy Chairman of the Board & GM	Senior Management / Executive	Committee Chair
Board Member Responsible for Financial Affairs	CFO	Member
Deputy General Manager Responsible for Printing and Packaging	Operational Governance	Member
Human Resources Manager	Employee Welfare, Equality	Member
Publishing Coordinator	Media & Content Oversight	Member

The Committee meets regularly every six months and may hold additional meetings when necessary. At each meeting, the Committee is informed about sustainability practices, risks, and opportunities and reports to the Board of Directors at least twice a year. Secretariat activities are carried out by the Human Resources Manager.

Responsibilities of the Committee:

3.1.1 Strategic Governance and Policy Development

• Coordinates the preparation, updating, and approval of corporate sustainability policies in ESG areas.
• Oversees the establishment, documentation, and implementation of governance processes defined under TSRS.
• Ensures integration of sustainability into company strategy and alignment with core business objectives.

3.1.2 Sustainability Targets and Performance Monitoring

• Coordinates the determination of short, medium, and long-term sustainability targets.
• Ensures the identification and monitoring of KPIs (e.g., emission intensity, waste ratio, female employee ratio).
• Oversees whether performance targets are integrated into employee compensation and bonus systems.

3.1.3 Information and Reporting

• Monitors sustainability developments semi-annually and organizes Committee meetings.
• Reports at least twice a year to the Board on sustainability strategy, progress, and challenges.
• Coordinates sustainability reports under TSRS and supervises data flow from working groups.

3.1.4 Coordination and Oversight of Working Groups

• Coordinates working groups on Environment & Climate, Product & Innovation, Supply & Business Ethics, and Human & Social Sustainability.
• Approves annual targets and plans of each group and monitors performance.
• Establishes sub-groups if necessary.

3.1.5 Risk and Opportunity Management

• Evaluates ESG risks and opportunities using financial/impact materiality.
• Ensures integration into corporate risk management systems.
• Requests impact assessments before major sustainability-related decisions.

3.1.6 Training and Capacity Building

• Plans training programs for committee members and managers.
• Supports certifications, mentoring, and external training.
• Provides regular updates on best practices and regulations.

3.1.7 Internal Control and Compliance

• Integrates sustainability into internal audit processes.
• Ensures accuracy of TSRS reporting controls.
• Coordinates external assurance processes.

3.1.8 Stakeholder Engagement and Transparency

• Ensures stakeholder engagement processes such as feedback and materiality analysis.
• Oversees transparent sustainability reporting.
• Coordinates disclosures to institutions (KGK, SPK, Borsa İstanbul, CDP, GRI).

4. THEMATIC WORKING GROUPS AND PROCEDURES

4.1 Environment and Climate Working Group

Duties:
Responsible for developing and monitoring environmental strategies.

• GHG Management: Monitoring Scope 1–3 emissions.
• Energy Efficiency: Tracking and improving energy use.
• Waste Management: Recycling and compliance.
• Climate Risk Analysis: Assessing risks.
• Performance Metrics: Tracking KPIs.
• TSRS Compliance: Supporting reporting.

Chair: Commercial Printing Manager
Members: Packaging DGM, Operations Manager
Secretariat: Operations Manager

Meeting Frequency: Semi-annual

Monitoring Metrics:

Metrics	Unit	Formula
Scope 1, 2, 3 Emissions	(tCO₂e)
Carbon Intensity	(%)	(tCO₂e / Revenue)
Total Energy Consumption	(GJ)
Recycled Paper Ratio	(%)	[Recycled Paper / Total Paper]

4.2 Product and Innovation Working Group

Duties: Developing sustainable products and innovation.

• Eco-friendly product development
• Life cycle analysis
• Digital transformation
• Innovation strategy
• Marketing sustainability
• TSRS reporting support

Chair: Packaging DGM
Members: Marketing Manager, Editorial Manager
Secretariat: Editorial Manager

Metrics:

Eco-friendly product count

(Number)

4.3 Supply and Business Ethics Working Group

• Sustainable supply chain
• Ethics and compliance
• ESG supplier criteria
• Human rights assessments
• Monitoring and audits
• Reporting support

Chair: Packaging DGM
Members: Procurement Manager, Accounting Manager
Secretariat: Accounting Manager

Metrics:

Total fiber-based raw material	Ton
Certified material ratio	(%)	[Certified / Total]
Ethical violations	Number

4.4 Human and Social Sustainability Working Group

• Employee engagement
• Occupational health and safety
• Equality and inclusion
• Social responsibility
• Training and development
• TSRS reporting

Chair: Advertising Group President
Members: OHS Specialist, HR Specialist
Secretariat: HR Specialist

Metrics:

Female employee ratio	(%)	[Female / Total]
Turnover rate	(%)	[Departures / Avg headcount] * 100
Work accidents	Number
Employee satisfaction	1-5	Survey average
OHS training ratio	(%)	[Trained / Total]
Social projects	Number
Trainings held	Number

5. MANAGEMENT ROLE AND CONTROL PROCEDURES

5.1 Organization

All groups report to the Committee.

5.2 Controls

• KPI monitoring
• Separate targets per business unit
• Integration into performance systems
• Internal audit checks

6. REPORTING PROCESS

• Annual TSRS reporting
• Materiality principle
• Integrated governance tracking
• Subsidiary reporting via equity method

7. POLICY UPDATE

• Annual review
• Applies to all employees
• Basis for audits