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TURKCELL İLETİŞİM HİZMETLERİ A.Ş.

Capital/Financing Update Jan 24, 2025

5961_rns_2025-01-24_b1638147-9e45-40c4-be2b-05c2e81617b0.html

Capital/Financing Update

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Summary Info Announcement Regarding the Board of Directors' Decision to Issue Debt Instruments - Restatement of the disclosure in accordance with the KAP
Update Notification Flag No
Correction Notification Flag No
Postponed Notification Flag No
Authorized Member Decision Date 19.09.2024
Issue Limit 500.000.000
Currency Unit USD
Issue Limit Security Type Debt Securities
Sale Type Oversea
Domestic / Oversea Oversea
Capital Market Board Application Date 31.10.2024
Capital Market Board Application Result APPROVAL
Capital Market Board Approval Date 28.11.2024
Expiry Date of Issue Limit 28.11.2025

Additional Explanations

Our Company's Board of Directors has resolved to issue debt instruments up to a maximum amount of USD 1 billion or equivalent foreign currency, in various types and maturities, with fixed and / or variable interest rates to be determined according to the market conditions at the date of issuance, to be realized through one or more issuances, as a private placement without a public offering and / or issuance to qualified investors abroad, pursuant to article 25 of the Articles of Association of our Company and in line with the provisions of Communiqué on Debt Securities of Capital Markets Board. With reference to our Company's Material Event Disclosure dated September 19, 2024; our Company's decision regarding foreign debt instrument issuance has been updated as an issuance of up to USD 500,000,000 or equivalent foreign currencies for non-sustainable bonds, and up to USD 500,000,000 or equivalent foreign currencies for sustainable/green bonds. This statement repeats the disclosures made on September 19, 2024, and October 31, 2024, and is issued with the same content in order to ensure compliance with the KAP (Public Disclosure Platform) system.

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