Aykut Korkmaz, CPA

CFO at Ayakkabı Dunyası (Esas Holding PE Investment) Responsible for Budget&Reporting, Accounting, Treasure, Human Resources, Internal Control, Logistic, Supply Chain, IT and Administrative Affairs of the Company with a team of 45 members Report to CEO & Board Members. Ayakkabi Dunyasi is a private equity firm owned by Esas Holding since 2015. Ayakkabi Dunyasi is one of the largest footwear retailers in Turkey, selling more than 3 million pairs of shoes annually through its 70 stores with a sales area of more than 40,000 sqm.

Responsible for accounting, reporting (Legal-IFRS-USGAAP), budgeting, controlling, treasury, payroll, legal, strategic planning, corporate risk management of the Company Coordinated and ensured successful implementation of various Global projects, such as Corporate Governance Program, Enterprise Risk Management and Fixed Cost Reduction Plan, Operating Working Capital Optimization, SOX Compliance, SOP Management. Established Credit Management function, contributing to mitigating accounts receivable risks and limiting exposure Analyzing operational workflows and internal processes in order to determine risks and identify controls over the operational cycles though performing walkthroughs, testing, checking of internal controls to provide reasonable assurance regarding the reliability of financial reporting and preparation of financial statements and recommend actions to management with present findings Leadership of corporate policy & procedures construction projects. Leadership of SAP (ERP) tools implementation projects. Leadership of SAP New GL project. Leadership of e-ledger & independent audit project. Leadership of new brand (Calvin Klein) set-up (Acquisition Process) Coordinate and motivate the quality of a team. Improve warehouse functionality and transparency Recommend and implement operational process and platforms improvement Report to CFO.

Responsible for reporting (Legal-IFRS-USGAAP), budgeting, controlling, of the Company Coordinated and ensured successful implementation of various Global projects, such as Corporate Governance Program, Enterprise Risk Management and Fixed Cost Reduction Plan, Operating Working Capital Optimization, SOX Compliance, SOP Management. Established Credit Management function, contributing to mitigating accounts receivable risks and limiting exposure Analyzing operational workflows and internal processes in order to determine risks and identify controls over the operational cycles though performing walkthroughs, testing, checking of internal controls to provide reasonable assurance regarding the reliability of financial reporting and preparation of financial statements and recommend actions to management with present findings Leadership of corporate policy & procedures construction projects. Leadership of SAP (ERP) tools implementation projects. Leadership of SAP New GL project. Coordinate and motivate the quality of a team. Recommend and implement operational process and platforms improvement Report to CFO.

After success at Unitim fancy firm, promoted to budget reporting executive at the holding. I also worked for Holding Finance Director.Unitim Holding, a leading Turkish textile exporter and retailer, has three divisions: Apparel (Imteks Giyim Sanayi), Tourism and Restaurant Operations (Servist Restoran Isletmeciligi) and Retailing (Unitim Perakende Grubu). Preparing budgeting and reporting functions for group companies. Preparing consolidated financial reports to facilitate management decision making. Monthly - year to date - year forecast P&L - sales -opex etc. analysis reports to Group Finance Director. Reporting formats which are changed and developed by myself are used by All group companies (included Russia and Romania operations) .Affirmative effects of renewed reports for the previous year must be seen. Preparing quarterly financial reports, consolidated balance sheet and KPI analyses to International finance corporation according to IFRS. Working together with all departments and external consultants in order to use recently implemented ERP in a more efficient way for controlling and reporting purposes. Participated in private equity process of retailing group and working with coordination with corporate finance and investment advisory boutique for Info-memo as preparing all financial reports and company valuation for the years between 2004 and 2012 such as P&L – RPM - LFL – Expansion Growth – Ave. Per Cap. Sales.