VESTEL ELEKTRONİK SANAYİ VE TİCARET A.Ş.

Capital/Financing Update • Jun 6, 2024

Summary Info	Issuance of A Commercial Paper With Fixed Coupon Payment to Qualified Investors
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Completion of the Sale

Board Decision Date	07.11.2023

Related Issue Limit Info

Currency Unit	TRY
Limit	3.000.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	28.12.2023

Capital Market Instrument To Be Issued Info

Type	Bill
Maturity Date	20.11.2024
Maturity (Day)	167
Sale Type	Sale To Qualified Investor
Intended Nominal Amount	400.000.000
Intended Maximum Nominal Amount	400.000.000
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.
Ending Date of Sale	05.06.2024
Nominal Value of Capital Market Instrument Sold	400.000.000
Maturity Starting Date	06.06.2024
Issue Price	1
Interest Rate Type	Fixed Rate
Interest Rate - Yearly Simple (%)	55
Interest Rate - Yearly Compound (%)	63,33
Traded in the Stock Exchange	Yes
Payment Type	TL Payment
ISIN Code	TRFVSTLK2418
Coupon Number	1
Currency Unit	TRY
Coupon Payment Frequency	Single Coupon

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Record Date	Payment Date	Interest Rate - Periodic (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	20.11.2024	19.11.2024	20.11.2024	25,1644	100.657.600
Principal/Maturity Date Payment Amount	20.11.2024	19.11.2024	20.11.2024		400.000.000

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
JCR-Eurasia Rating	J1 (tr) / (Stabil Görünüm)	29.11.2023	Yes

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

Vestel Elektronik completed the sale of a TL 400,000,000 commercial paper with fixed coupon payment with a maturity of 167 days to domestic qualified investors, the transfer of the securities to the customer accounts will be completed today.The interest rate of this instrument is 55% annual simple.Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue. This statement was 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.