TÜRKİYE VAKIFLAR BANKASI T.A.O.

Capital/Financing Update • Jul 1, 2025

Summary Info	Sustainable Eurobond Issuance
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Completion of the Sale

Board Decision Date	20.03.2025

Related Issue Limit Info

Currency Unit	USD
Limit	5.000.000.000
Issue Limit Security Type	Green/Sustainability-Themed Capital Market Instruments
Sale Type	Oversea
Domestic / Oversea	Oversea
Capital Market Board Approval Date	27.02.2025

Capital Market Instrument To Be Issued Info

Type	Sustainable Bill
Maturity Date	31.07.2030
Maturity (Day)	1.848
Sale Type	Oversea
The country where the issue takes place	İrlanda
Is The Issued Capital Market Instrument Green/Sustainability-Themed?	Yes
Central Securities Depository	Euroclear
Ending Date of Sale	09.07.2025
Nominal Value of Capital Market Instrument Sold	750.000.000
Maturity Starting Date	09.07.2025
Issue Exchange Rate	1
Interest Rate Type	Fixed Rate
Traded in the Stock Exchange	No
Payment Type	Foreign Exchange Payment
ISIN Code	XS3108471197
Coupon Number	1
Currency Unit	USD
Coupon Payment Frequency	Single Coupon

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Was The Payment Made?
1	31.07.2030
Principal/Maturity Date Payment Amount	31.07.2030

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
Fitch Ratings	AA (tur)	17.09.2024	Yes

Does the capital market instrument have a rating note?	Yes

Capital Market Instrument Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
Fitch Ratings	B+	01.07.2025	No

Does the originator have a rating note?	No

Additional Explanations

Reference: VakıfBank Public Disclosure Dated July 1, 2025 It was announced with the referred disclosure that; the Bank planned to issue a 5 year term, U.S. dollar-denominated ‘'Sustainable Eurobond'' depending on the market conditions and consortium consisting of international banks has been authorized for the this transaction. Within this context, book-building process in relation to the Sustainable Eurobond issuance has been completed. The yield and the coupon rate have been set at 7.375% and 7.250%, respectively, for USD 750 million fixed rate notes with semi-annual interest payment, having a maturity on July 31th, 2030 with a term of 5 years According to the CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.