First of all, thank you for your understanding regarding the delay. I would have liked to respond to your very relevant and precise questions with more detailed data; however, unfortunately, we do not have access to data that would fully contribute to the process. Please feel free to share all the details you would like to ask me. I wish you a pleasant day.

0. Based on the actual annual inflation rate, the official minimum wage increase announced by the government, and the salary increase decisions of our competitors (such as Coral and Anex), and by also taking our budget into consideration, we apply a salary increase to all employees once a year. If, due to high inflation, the government decides to implement an additional minimum wage increase during the year, a similar evaluation and decision-making process is carried out by our company. Apart from these regular salary increase periods, salary updates may be applied during promotion processes for employees who take on new roles and responsibilities. Outside of these processes, it cannot be said that individual salary increases are applied.

0. We do not have a position-based minimum salary policy. We believe that it is important for employees in similar positions to receive comparable salaries. In our salary increase and update processes, we pay close attention to maintaining internal balance within the organization. It can be stated that Mr. Nikita’s salary is in line with the average salaries of our colleagues in “chief” positions, but slightly lower (approximately TRY 00,000–00,000) compared to “Head of X Department” positions. Unfortunately, we do not have access to salary information for similar positions in competing companies operating in our sector. Our competitors are closed to information sharing and do not cooperate in this regard.

As mentioned in my response to the previous question, our competitors do not share salary data and maintain a non-cooperative stance. Through personal and professional networks, we are only able to obtain information about their general salary increase decisions. For example, for 0000, both Anex and Coral have decided on a 00% salary increase. Companies in the hotel industry tend to cooperate more in this area. We have access to salary data for employees in entry-level and mid-level positions in approximately 00 hotels; however, we are unable to obtain similar data for companies operating as tour operators or travel agencies.