ADEL KALEMCİLİK TİCARET VE SANAYİ A.Ş.

Capital/Financing Update • Sep 24, 2024

Summary Info	The bond issuance with ISIN code TRSADEL92611
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Completion of the Sale

Board Decision Date	09.10.2023

Related Issue Limit Info

Currency Unit	TRY
Limit	850.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Private Placement-Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	01.12.2023

Capital Market Instrument To Be Issued Info

Type	Bond
Maturity Date	24.09.2026
Maturity (Day)	730
Sale Type	Sale To Qualified Investor
Intended Nominal Amount	250.000.000
Intended Maximum Nominal Amount	250.000.000
The country where the issue takes place	Türkiye
Title Of Intermediary Brokerage House	AK YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository	Merkezi Kayıt Kuruluşu A.Ş.
Starting Date of Sale	23.09.2024
Ending Date of Sale	23.09.2024
Nominal Value of Capital Market Instrument Sold	250.000.000
Maturity Starting Date	24.09.2024
Issue Price	1
Interest Rate Type	Floating Rate
Floating Rate Reference	TLREF
Additional Return (%)	1,00
Traded in the Stock Exchange	Yes
Payment Type	TL Payment
ISIN Code	TRSADEL92611
Coupon Number	4
Currency Unit	TRY
Coupon Payment Frequency	Once Every Six Months

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Record Date	Payment Date	Interest Rate - Periodic (%)	Interest Rate - Yearly Simple (%)	Interest Rate - Yearly Compound (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	25.03.2025	24.03.2025	25.03.2025
2	23.09.2025	22.09.2025	23.09.2025
3	25.03.2026	24.03.2026	25.03.2026
4	24.09.2026	23.09.2026	24.09.2026
Principal/Maturity Date Payment Amount	24.09.2026	23.09.2026	24.09.2026				250.000.000

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
JCR AVRASYA DERECELENDİRME A.Ş.	AA+ (tr)/ (Stabil Görünüm) Uzun Vadeli Ulusal Kredi Notu	23.08.2024	Yes

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

Within the scope of our company's debt instrument issuance with a limit of 850,000,000 TL, approved by the Capital Markets Board's decision dated 01.12.2023 and numbered 75/1630, the issuance process has been completed. Accordingly, following the book-building process for the bond with a 730-day maturity, a floating interest rate of 100 bps over the BIST TLREF index, four coupon payments, a maturity date of 24.09.2026, and the ISIN code TRSADEL92611, to be sold to qualified investors without a public offering in the domestic market, the issuance amount has been finalized as a total nominal value of 250,000,000 TL. The sale transaction was completed on 23.09.2024, and the settlement of the transaction took place on 24.09.2024. Ak Yatırım Menkul Değerler A.Ş. acted as an intermediary in this transaction.