ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

Capital/Financing Update • Dec 28, 2023

Summary Info	Announcement of the Interest Rate for the Eleventh Coupon Payment of the Corporate Bond with the ISIN Code of TRSZORN32429
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Coupon Rate Determination

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)	384
Sale Type	Sale To Qualified Investor
Intended Nominal Amount	124.450.000
Intended Maximum Nominal Amount	124.450.000
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	124.450.000
Maturity Starting Date	17.02.2023
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	TRSZORN32429
Coupon Number	12
Currency Unit	TRY
Coupon Payment Frequency	Monthly

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	21.03.2023	20.03.2023	21.03.2023	3,5069	40,0006	48,1643	4.364.337,04		Yes
2	19.04.2023	18.04.2023	19.04.2023	3,1781	40,0002	48,2571	3.955.145,43		Yes
3	23.05.2023	22.05.2023	23.05.2023	3,7261	40,0008	48,1027	4.637.131,43		Yes
4	23.06.2023	22.06.2023	23.06.2023	3,3973	40,0005	48,1952	4.227.939,83		Yes
5	25.07.2023	24.07.2023	25.07.2023	3,5069	40,0006	48,1643	4.364.337,03		Yes
6	25.08.2023	24.08.2023	25.08.2023	3,3973	40,0005	48,1952	4.227.939,84		Yes
7	26.09.2023	25.09.2023	26.09.2023	3,5069	40,0006	48,1643	4.364.337,04		Yes
8	27.10.2023	26.10.2023	27.10.2023	3,3973	40,0005	48,1952	4.227.939,84		Yes
9	28.11.2023	27.11.2023	28.11.2023	3,5069	40,0006	48,1643	4.364.337,04		Yes
10	29.12.2023	28.12.2023	29.12.2023	3,3973	40,0005	48,1952
11	30.01.2024	29.01.2024	30.01.2024	3,5069	40,0006	48,1643
12	07.03.2024	06.03.2024	07.03.2024
Principal/Maturity Date Payment Amount	07.03.2024	06.03.2024	07.03.2024

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.	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

The interest rate for the eleventh coupon payment of the TL 124,450,000 nominally valued corporate bond, which was sold to qualified investors on February 17, 2023 with a maturity of 384 days and trades with the ISIN Code of TRSZORN32429, has been set as 3.5069%. 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.