KOÇ HOLDİNG

    Established in 1926, Koç Holding is Turkey’s leading industrial and services group and a flagship of the Turkish economy with leading positions in four core sectors: energy, automotive, consumer durables and finance, which are all key driving sectors of the Turkish economy. Koç Holding derives its strength from its unparalleled distribution network and the most extensive historical customer database in Turkey, continuously creating synergies for its underlying businesses through up and cross-selling opportunities and adding value to its customers. The Group has an outstanding track record of establishing and managing successful joint ventures with leading multinational groups such as Ford, Fiat and UniCredit.

    The Group has been a driving force of the Turkish economy with total sales that make up about 9% of Turkey’s GDP and exports that comprise 11% of Turkey’s total exports. As of 2009, Koç Holding is the only Turkish company in the Fortune Global 500 list of companies, in the 172th place. In addition to its leading market positions in low-penetrated consumer driven sectors, its extensive distribution network, which is yet the largest in Turkey with over 12,000 points of reach and the largest customer database with strong CRM capabilities, the Group is also active abroad with about 25% of revenues stemming from international operations and exports.

    Koç Group operates in compliance with international standards in the areas of corporate governance, corporate social responsibility, environmental protection, customer satisfaction and human resources. Long before corporate governance gained prominence, Koç Holding had taken steps to implement the highest standards of corporate governance. Koç Holding is one of the first companies in Turkey to have independent members on its board of directors and is still one of the few that links executive compensation to share price performance and economic profit. The Holding and its subsidiaries actively contribute to the well-being of society through a variety of projects and initiatives in the areas of cultural heritage, art, education, healthcare, sports and environmental protection. In 2006, Koç Holding signed the UN Global Compact, proving its commitment to corporate citizenship and sensitivity to social issues.

    Update based on 1Q10 results

UNICREDIT

    UniCredit (UCI) is a full-service financial services group engaged in a wide range of banking, financial and related activities throughout a multi-channel distribution network comprising countries where the Group operates via its own branches or investment centers (Pioneer) and countries where the Group operates via local banks controlled or in which it has a significant equity interest. The Group distribution network includes also networks of licensed financial consultants (promotori finanziari) and of private bankers as well as internet and telephone banking capabilities. The Group boasts of banking operations in 22 countries with over 9,500 branches and around 162,000 employees.

    UCI Group organizational model is a “matrix one”, based on customer segmentation and geography to leverage opportunities in all customer segments and markets. It is organized into divisions and macro areas. At 1Q10, of the total consolidated revenues, 25% came from Italy, 5% from Germany, 4% from Austria, 6% from Poland, 16% from CEE regions, 38% from CIB, 3% from Asset Management and 3% from Private Banking.

    • Global business lines: Retail, Corporate, Private Banking, Investment Banking and Asset Management – characterized by service models aimed at maximizing customer satisfaction
    • Specialized product factories on global scale: consumer credit, mortgages and leasing
    • Centralization of support services to all the UniCredit Group’s divisions: ICT and back office activities
    • Multi-local approach: local banks responsible for running the branch network and relationships with customers

    UniCredit holds leading position in one of the wealthiest regions of Western Europe (Austria, Germany and Italy). UniCredit is the outright leader also in Central & Eastern Europe, an area featuring rapid economic growth rates.

    The overall corporate governance system adopted by UniCredit was drawn up in line with current regulations and the recommendations issued by the Italian Stock Exchange in this regard. UCI operates by accepting responsibility for its business decisions, fully aware that the long term sustainability of the business, intended as a three-way acceptance of social, environmental and economic responsibility, is a competitive element that also encourages territorial, market and social cohesion development.

    Update based on 1Q10 results