Composition of the Supervisory Board

İ. Ilıcak Kayaalp (Chairperson)

Mrs İpek Ilıcak Kayaalp was born in 1978. She is a Turkish national. After working in the private sector as a finance professional, she joined the family business to add her experience and knowledge in 2006 as the Head of Treasury. Since 2014, she is the Chairperson of the Board of Directors of Rönesans Holding A.Ş. She also is a member of the Executive Board of various subsidiaries of the Rönesans Group and a member of the Rönesans Education Foundation. She was first appointed to the Supervisory Board of Ballast Nedam in 2015 for a four-year term, which was extended in November 2019. In April 2021 she shortly left as the Chairperson, to return on 4 May 2022 once again. She was again appointed for a four-year term.

René van der Linden

Mr René van der Linden was born in 1943. He is a Dutch national. Mr Van der Linden has extensive political experience and was a member of the First Chamber of the Dutch Parliament (1999-2015) and its chairman (2009-2011). He is currently a member of the supervisory board of GarantiBank N.V., a member of the supervisory board of Eureko Sigorta and holds various other positions at profit and non-profit organisations. Mr Van der Linden was initially appointed to the Supervisory Board of Ballast Nedam on 26 February 2018, initially for a two-year term, which was subsequently extended until 26 February 2026.

Özgür Canbaş

As a member of the Supervisory Board, Mr Özgür Canbaş is jointly responsible for supervising the Board of Management of Ballast Nedam N.V. Mr Canbaş was born in 1973 and is a Turkish national. From 1998 to 2009, he worked as a Corporate and Investment banker at Deutsche Bank in Istanbul, London and Singapore. He then moved to Rönesans Holding, where he has since been a member of various management and supervisory bodies at group companies. Mr Canbaş graduated in Mechanical Engineering from Istanbul Technical University. Mr Canbaş was a member of the Board of Management of Ballast Nedam from 2017 until 4 May 2022. On that date, he resigned as a member of the Board of Management and was appointed to the Supervisory Board for a four-year term.