TÜRKİYE VAKIFLAR BANKASI T.A.O.

Capital/Financing Update • May 15, 2025

Summary Info	Authorization to the Head Office for the debt securities issuance ceiling
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	15.05.2025
Issue Limit	50.000.000.000
Currency Unit	TRY
Issue Limit Security Type	Debt Securities
Sale Type	Public Offering-Private Placement-Sale To Qualified Investor
Domestic / Oversea	Domestic

Additional Explanations

With The Board of Directors decision the Head Office was authorized for the issuance of bank bonds within the issuance ceiling of TL 50,000,000,000 in Turkish Lira currency with different maturities and an utmost maturity of 5 years in one or more issuances to be sold domestically by public offering and/or as private placements to retail, corporate and/or qualified investors, to issue such bank bonds at discount and/or in coupon forms and the coupon bonds as fixed or floating rate bonds in accordance with market conditions, to take as reference at least two government debt securities, benchmark government debt securities listed on BIST, or another benchmark transaction (TLREF, CPI etc.), one of which is before the maturity of the bonds to be issued and the other is after the maturity of the bonds while determining the interest rates, to add additional income if deemed necessary and to determine the rate of such additional income, to determine a fixed rate apart from or with the additional income, to determine all terms and conditions of such issuance including the rates to be paid and accordingly to make and fulfill necessary applications to Capital Markets Board, to Banking Regulation and Supervision Agency and to other relevant authorities. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail