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TÜRK TELEKOMÜNİKASYON A.Ş.

Capital/Financing Update Aug 14, 2024

5965_rns_2024-08-14_3c5997b1-daa6-42c7-af0e-ed22016c682e.html

Capital/Financing Update

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Summary Info Resolution on Domestic Debt Securities Issuance and CMB Application
Update Notification Flag No
Correction Notification Flag No
Postponed Notification Flag Yes
Authorized Member Decision Date 02.08.2024
Issue Limit 7.500.000.000
Currency Unit TRY
Issue Limit Security Type Debt Securities
Sale Type Sale To Qualified Investor
Domestic / Oversea Domestic
Capital Market Board Application Date 14.08.2024

Additional Explanations

Our Company's Board of Directors resolved that the Company shall apply to Capital Markets Board for the issuance of debt instruments in accordance with the Capital Markets Law No. 6362, the Communiqué on Borrowing Instruments numbered VII-128.8 and other relevant legislation and Article 7 of the Articles of Association of our Company titled "Issue of Debt Securities, Bonds and Similar Securities" provided that the necessary procedures are carried out and completed in accordance with the relevant legislation, in particular the Capital Market Legislation and that the Company shall issue Turkish Lira denominated debt instrument(s) within the domestic market to be sold to qualified investors without public offering, in single or multiple tranches, with different maturities up to maximum 5 (five) years and in the form of bonds and / or bills not exceeding TL 7,500,000,000 (Seven Billion Five Hundred Million Turkish Lira) in total. Accordingly, our Company has applied to the Capital Markets Board for the necessary approvals today. About the debt instruments issuance(s) mentioned in this disclosure, in order to ensure that the legitimate interests of our Company and our investors are protected and in order to evaluate different possibilities in the issuance process and/or a possible deferral for more appropriate market conditions, until the completion of related studies, the disclosure of insider information was decided to be postponed according to Article 6 of the Material Events Disclosure Communiqué numbered II-15.1 by the Capital Markets Board (CMB). We issue this disclosure pursuant to the relevant legislations as the reasons for postponement no longer exist.

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