TURKCELL İLETİŞİM HİZMETLERİ A.Ş.

Capital/Financing Update • Jan 24, 2025

Summary Info	Announcement Regarding Completion of Debt Instrument Issuance
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Completion of the Sale

Board Decision Date	25.10.2024

Related Issue Limit Info

Currency Unit	USD
Limit	500.000.000
Issue Limit Security Type	Green/Sustainability-Themed Capital Market Instruments
Sale Type	Oversea
Domestic / Oversea	Oversea
Capital Market Board Approval Date	28.11.2024

Capital Market Instrument To Be Issued Info

Type	Sustainable Bond
Maturity Date	24.01.2032
Maturity (Day)	2.556
Sale Type	Oversea
The country where the issue takes place	İrlanda
Is The Issued Capital Market Instrument Green/Sustainability-Themed?	Yes
Central Securities Depository	DTC/Euroclear/Clearstream
Ending Date of Sale	24.01.2025
Nominal Value of Capital Market Instrument Sold	500.000.000
Maturity Starting Date	24.01.2025
Issue Exchange Rate	35,599
Interest Rate Type	Fixed Rate
Traded in the Stock Exchange	Yes
Payment Type	Foreign Exchange Payment
ISIN Code	XS2981975613
Coupon Number	14
Currency Unit	USD
Coupon Payment Frequency	Once Every Six Months

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Was The Payment Made?
1	24.07.2025
2	24.01.2026
3	24.07.2026
4	24.01.2027
5	24.07.2027
6	24.01.2028
7	24.07.2028
8	24.01.2029
9	24.07.2029
10	24.01.2030
11	24.07.2030
12	24.01.2031
13	24.07.2031
14	24.01.2032
Principal/Maturity Date Payment Amount	24.01.2032

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
Fitch Ratings, S&P Ratings	Fitch: BB- (Durağan), S&P: BB (Durağan)	20.12.2024	No

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, S&P Ratings	Fitch: BB- , S&P: BB	13.01.2025	No

Additional Explanations

The sale process of the sustainable bond issuance of our Company with a nominal amount of USD 500 million, 7-year maturity, a redemption date of 24.01.2032, a fixed annual coupon rate of 7.65%, and a sales price of 100% of the nominal value, to qualified investors abroad was completed on January 24, 2025. The subscription agreement for the issuance was signed on January 22, 2025. The sustainable bond is listed on the Irish Stock Exchange (Euronext Dublin). The proceeds were transferred to our Company's accounts.**If the payment date is not a business day, it shall mean the following business day