ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

Capital/Financing Update • Dec 14, 2023

Summary Info	Issuance of a Corporate Bond with Floating 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	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	Bond
Maturity Date	16.01.2025
Maturity (Day)	399
Sale Type	Sale To Qualified Investor
Intended Nominal Amount	141.850.000
Intended Maximum Nominal Amount	141.850.000
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	141.850.000
Maturity Starting Date	14.12.2023
Issue Price	1
Interest Rate Type	Floating Rate
Floating Rate Reference	TLREF
Additional Return	4,00
Traded in the Stock Exchange	Yes
Payment Type	TL Payment
ISIN Code	TRSZORN12512
Coupon Number	13
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	12.01.2024	11.01.2024	12.01.2024	3,8932	49,0006	61,7219
2	12.02.2024	09.02.2024	12.02.2024
3	13.03.2024	12.03.2024	13.03.2024
4	16.04.2024	15.04.2024	16.04.2024
5	17.05.2024	16.05.2024	17.05.2024
6	14.06.2024	13.06.2024	14.06.2024
7	12.07.2024	11.07.2024	12.07.2024
8	12.08.2024	09.08.2024	12.08.2024
9	11.09.2024	10.09.2024	11.09.2024
10	11.10.2024	10.10.2024	11.10.2024
11	11.11.2024	08.11.2024	11.11.2024
12	13.12.2024	12.12.2024	13.12.2024
13	16.01.2025	15.01.2025	16.01.2025
Principal/Maturity Date Payment Amount	16.01.2025	15.01.2025	16.01.2025

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

Zorlu Enerji has announced on November 3, 2023 that the Capital Markets Board had approved the Company's application to issue debt instruments up to a nominal value of TL 2,500,000,000 and with a maximum maturity of 5 years for sale in single or multiple tranches to qualified investors in the domestic market within one year following the receipt of the issuance certificate. Within this scope, the Company completed the sale of a TL 141,850,000 corporate bond with floating coupon payments with a maturity of 399 days to qualified domestic investors on December 14, 2023. Ak Yatırım Menkul Değerler AŞ has acted as the financial intermediary for the issue. 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.