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CHAIRMAN OF THE BOARD ADDRESS

I would frankly like to inform you that the principles, common visions, quality policy and
ethical values were defined during the formation of NBB company. For example: any mistake in
project development can be made in different ways. However, optimal design can most probably
be in a single form in which all efficient factors are taken into account. The safety and quality
system may not be compromised later on, and any illegal work can not even be performed or
executed in order to meet the customer’s request.

On the other hand, the initial goals and missions of the company were not so clear at the
beginning. As our projects and experience have grown in Europe, Africa and Central Asia, our
missions and goals have become clear, especially over the past three years.

We are expanding our activities and assets, as NBB, in Uzbekistan, creating representative
offices, companies and joint investments based on the principles of service and service
compliance considering regional requirement and the historical background and bounds between
Uzbekistan and Turkey.
In the first half of 2019, a service company for maintenance and repair of systems has been
established, separately from the representative office, and an architectural & design company,
together with the production lines of ULUSOY medium voltage switch and CANÇELIK
&LEGRAND panels will also be lauched. Thereafter, we may proceed to the evaluationary stage
for the production of dry transformers.

Meanwhile, our low-voltage systems such as cameras and alarms, architectural products, yarn,
oils, textile machines, textile chemicals and building materials have been come into field and
service step by step. After so much experiences, the most economical way to meet customer’s
requirements clearly appears in an entire package of products within a sole project to the benefit
of customer.

Since we are employing about 80% of the local staff, we attach and refer great importance to the
training of technical personnel on job at site. In addition, we plan to cooperate on in-service
training in Turkey and internships at local institutions providing education in the brunches of
energy, electrical engineering, logistics and management.

I wholly believe that our employees along with our customers are or will be pleased with the
work done, and this is not a goal to focus on, but a way of life and voyage for myself and NBB
employees.

Yours faithfully,

Burak Can İSKİT

CHAIRMAN OF THE BOARD OF DIRECTORS

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