ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

Capital/Financing Update • Oct 17, 2024

Summary Info	Developments regarding the issuance of debt instruments for sale to non-residents
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	04.09.2024
Issue Limit	1.100.000.000
Currency Unit	USD
Issue Limit Security Type	Debt Securities
Sale Type	Oversea
Domestic / Oversea	Oversea
Capital Market Board Application Date	04.09.2024
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	25.09.2024
Expiry Date of Issue Limit	25.09.2025

Additional Explanations

Pursuant to our material event disclosure dated October 10, 2024, Our Company's book building process for the sustainability-linked bonds to be issued for sale to international qualified investors within the format of "Rule 144A" and/or "Regulation S" is completed. The nominal value of the Eurobonds to be issued is USD 800,000,000 with a maturity of 5.5 years. The issued bonds will be redeemed in installments of USD 45,000,000 every six months starting from the third year, with the remaining USD 575,000,000 to be redeemed at maturity. The bonds will be listed on the Irish Stock Exchange (Euronext Dublin). The sale transaction is expected to be completed on October 23, 2024, following the execution of the agreement for issuance and obtaining the Capital Markets Board approval for the issuance certificate. This statement has been translated into English for informational purposes.In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.