BIRLESIM MUHENDISLIK_AR 2025

29. NATURE AND EXTENT OF RISKS ARISING FROM FINANCIAL INSTRUMENTS (Continued) b) Financial Risk Factors (Continued) b.2) Liquidity Risk Management The Group manages liquidity risk by regularly monitoring forecast and actual cash flows and considering short-, medium- and long- term funding and liquidity requirements. The Group manages this risk by regularly monitoring forecast and actual cash inflows/ outflows, assets and liabilities, maintaining adequate cash reserves and utilizing bank borrowings. The following table shows the maturity analysis of the Group’s non-derivative financial liabilities. The tables below have been prepared on an undiscounted basis and based on the earliest dates on which the Group can be required to pay the liabilities. Interest payments on such liabilities are included in the table below. 31 December 2025 Carrying amount Contractual cash outflows (I+II+III+IV) Less than 3 months (I) 3-12 months (II) 1-5 years (III) More than 5 years (IV) Trade Payables 1.037.115.003 1.037.115.003 513.507.887 523.607.116 - - Other Payables 16.912.586 16.912.586 16.912.586 - - - Financial Liabilities 1.233.252.643 1.233.252.643 394.011.594 457.688.503 76.973.831 304.578.716 Total Liabilities 2.287.280.232 2.287.280.232 924.432.067 981.295.619 76.973.831 304.578.716 31 December 2024 Trade Payables 637.299.224 637.299.224 425.736.174 211.563.050 - - Other Payables 25.438.357 25.438.357 25.438.357 - - - Financial Liabilities 801.320.205 801.320.205 438.123.462 261.571.547 101.625.197 - Total Liabilities 1.464.057.786 1.464.057.786 889.297.992 473.134.596 101.625.197 - b.3) Market Risk The Group’s activities primarily expose it to financial risks associated with changes in foreign exchange rates and interest rates, as detailed below. There has been no change in the market risk to which the Group is exposed or in the methods used to manage and measure such risks compared to the prior year. BİRLEŞİM MÜHENDİSLİK ANNUAL REPORT 2025 166 Birleşim Mühendislik Isıtma Soğutma Havalandırma Sanayi Ticaret Anonim Şirketi and its Subsidiaries (Amounts are expressed in Turkish Lira (“TRY”) in terms of the purchasing power of TRY as at 31 December 2025 unless otherwise stated.) Notes to the Consolidated Financial Statements as at 31 December 2025