ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

Capital/Financing Update • Mar 7, 2024

Summary Info	Fourth Coupon Payment and Redemption of the Corporate Bond with the ISIN Code of TRSZORN32411
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Redemption

Board Decision Date	06.10.2022

Related Issue Limit Info

Currency Unit	TRY
Limit	1.400.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	11.11.2022

Capital Market Instrument To Be Issued Info

Type	Bond
Maturity Date	07.03.2024
Maturity (Day)	399
Sale Type	Sale To Qualified Investor
Intended Nominal Amount	118.820.000
Intended Maximum Nominal Amount	118.820.000
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	118.820.000
Maturity Starting Date	02.02.2023
Issue Price	1
Interest Rate Type	Floating Rate
Floating Rate Reference	TREASURY
Additional Return (%)	4,50
Traded in the Stock Exchange	Yes
Payment Type	TL Payment
ISIN Code	TRSZORN32411
Coupon Number	4
Currency Unit	TRY
Coupon Payment Frequency	Quarterly

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	04.05.2023	03.05.2023	04.05.2023	9,7233	39	45,0903	11.553.225,06		Yes
2	03.08.2023	02.08.2023	03.08.2023	9,7233	39	45,0903	11.553.225,06		Yes
3	02.11.2023	01.11.2023	02.11.2023	9,7233	39	45,0903	11.553.225,06		Yes
4	07.03.2024	06.03.2024	07.03.2024	13,4631	39,0003	44,1798	15.996.855,42		Yes
Principal/Maturity Date Payment Amount	07.03.2024	06.03.2024	07.03.2024				118.820.000		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 Derecelendirme A.Ş.	A- (tr) - Uzun Vadeli Ulusal Not	31.07.2023	Yes

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

TL 118,820,000 nominally valued Corporate Bond, which was sold to qualified investors on February 02, 2023 with a maturity of 399 days and with the ISIN Code of TRSZORN32411, was redeemed as of today (March 07, 2024) with the completion of the fourth coupon payment amounting to TL 15,996,855.42 and the principal payment of TL 118,820,000. 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.