SMART GÜNEŞ ENERJİSİ TEKNOLOJİLERİ ARAŞTIRMA GELİŞTİRME ÜRETİM SANAYİ VE TİCARET A.Ş.

Capital/Financing Update • Jan 24, 2024

Summary Info	Board decision regarding issuing debt instruments.
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	24.01.2024
Issue Limit	1.000.000.000
Currency Unit	TRY
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic

Additional Explanations

Based on the authority granted by our Company's Articles of Association, in accordance with the provisions of the Capital Markets Board's Debt Instruments Communiqué (VII-128.8); our Board of Directors decided to issue debt securities in one or more installments, in Turkish Liras, with various maturities up to 5 (five) years, with an amount not exceeding 1,000,000,000 TL (one billion Turkish Liras), to be sold domestically to qualified investors without public offering; in this context, an application should be made to the Capital Markets Board requesting the approval of the issue document; If the application is approved, it has been decided to authorize the company management to determine all conditions for the issuances in question to be carried out within one year from the date of approval, within these limitations, to prepare the contracts, to make the necessary applications to the relevant authorities and to carry out all the necessary transactions.