ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

Capital/Financing Update • Oct 26, 2023

Summary Info	Fourth Coupon Payment and Redemption of the Corporate Bond with the ISIN Code of TRSZORNE2312
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Subject of Notification	Redemption
Reason of Correction	Rating date has been updated.

Board Decision Date	14.02.2022

Related Issue Limit Info

Currency Unit	TRY
Limit	1.200.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	17.03.2022

Capital Market Instrument To Be Issued Info

Type	Bond
Maturity Date	26.10.2023
Maturity (Day)	392
Sale Type	Sale To Qualified Investor
Intended Nominal Amount	51.030.000
Intended Maximum Nominal Amount	51.030.000
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 AŞ
Nominal Value of Capital Market Instrument Sold	51.030.000
Maturity Starting Date	29.09.2022
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	TRSZORNE2312
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	29.12.2022	28.12.2022	29.12.2022	9,7233	39	45,0903	4.961.799,99		Yes
2	30.03.2023	29.03.2023	30.03.2023	9,7233	39	45,0903	4.961.799,99		Yes
3	26.06.2023	23.06.2023	26.06.2023	9,4028	39,0003	45,1708	4.798.248,84		Yes
4	26.10.2023	25.10.2023	26.10.2023	13,0357	39,0003	44,2815	6.652.117,69		Yes
Principal/Maturity Date Payment Amount	26.10.2023	25.10.2023	26.10.2023				51.030.000		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 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

TL 51,030,000 nominally valued Corporate Bond, which was sold to qualified investors on September 29, 2022 with a maturity of 392 days and with the ISIN Code of TRSZORNE2312, was redeemed as of today (October 26, 2023) with the completion of the fourth coupon payment amounting to TL 6,652,117.69 and the principal payment of TL 51,030,000. 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.