TÜPRAŞ-TÜRKİYE PETROL RAFİNERİLERİ A.Ş.

Capital/Financing Update • Nov 28, 2023

Summary Info	CMB application on domestic debt securities issuance
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	10.11.2023
Issue Limit	10.000.000.000
Currency Unit	TRY
Issue Limit Security Type	Debt Securities
Sale Type	Private Placement-Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Application Date	28.11.2023

Additional Explanations

On 10.11.2023, in accordance with the authorization given by article 8 of the Company's Articles of Association and with the provisions of the Capital Markets Board's Communiqué on Debt Securities, our Board of Directors have decided on issuance of bonds or/and bills one or more at a time, for a total amount up to TRY 10,000,000,000 denominated in Turkish Lira issuing within 1 year period and with various maturities up to 5 years, to be sold to domestic qualified investors without public offering. Within this resolution scope, approval application of the issuance has been made to the Capital Markets Board today. 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.