ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

Capital/Financing Update • Apr 4, 2024

Summary Info	FIRST COUPON PAYMENT AND REDEMPTION OF THE COMMERCIAL PAPER WITH FIXED COUPON PAYMENT WITH THE ISIN CODE OF TRFZORN42417
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Redemption

Board Decision Date	25.09.2023

Related Issue Limit Info

Currency Unit	TRY
Limit	2.500.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	02.11.2023

Capital Market Instrument To Be Issued Info

Type	Bill
Maturity Date	04.04.2024
Maturity (Day)	147
Sale Type	Sale To Qualified Investor
Intended Nominal Amount	78.250.000
Intended Maximum Nominal Amount	78.250.000
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.
Nominal Value of Capital Market Instrument Sold	78.250.000
Maturity Starting Date	09.11.2023
Issue Price	1
Interest Rate Type	Fixed Rate
Interest Rate - Yearly Simple (%)	46,0002
Interest Rate - Yearly Compound (%)	52,5034
Traded in the Stock Exchange	Yes
Payment Type	TL Payment
ISIN Code	TRFZORN42417
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	04.04.2024	03.04.2024	04.04.2024	18,5261	14.496.673,23		Yes
Principal/Maturity Date Payment Amount	04.04.2024	03.04.2024	04.04.2024		78.250.000		Yes

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.	J2 (tr) - Kısa Vadeli Ulusal Notu	31.07.2023	Yes

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

Commercial paper, which was sold to qualified investors on November 09, 2023 with a maturity of 147 days and with the ISIN Code of TRFZORN42417, was redeemed as of today (April 04, 2024) with the completion of the first coupon payment amounting TL 14,496,673.23 and principal payment of TL 78,250,000. 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.