ARÇELİK A.Ş.

Capital/Financing Update • Sep 18, 2023

Summary Info	Developments on the Issuance of Eurobond
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Other

Board Decision Date	01.02.2023

Related Issue Limit Info

Currency Unit	USD
Limit	500.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Oversea
Domestic / Oversea	Oversea
Capital Market Board Approval Date	20.07.2023

Capital Market Instrument To Be Issued Info

Type	Bond
Maturity Date	25.09.2028
Maturity (Day)	1.827
Sale Type	Oversea
The country where the issue takes place	İrlanda
Central Securities Depository	Euroclear/Clearstream
Nominal Value of Capital Market Instrument Sold	400.000.000
Maturity Starting Date	25.09.2023
Interest Rate Type	Fixed Rate
Traded in the Stock Exchange	Yes
Payment Type	Foreign Exchange Payment
ISIN Code	XS2695038401
Coupon Number	10
Currency Unit	USD
Coupon Payment Frequency	Once Every Six Months

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Was The Payment Made?
1	25.03.2024
2	25.09.2024
3	25.03.2025
4	25.09.2025
5	25.03.2026
6	25.09.2026
7	25.03.2027
8	27.09.2027
9	27.03.2028
10	25.09.2028
Principal/Maturity Date Payment Amount	25.09.2028

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
Fitch Ratings	AAA(tur)Uzun Vadeli Ulusal Kredi Notu	28.04.2023	Yes

Does the capital market instrument have a rating note?	Yes

Capital Market Instrument Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
Fitch Ratings	BB- Yabancı Para Uzun Vadeli	18.09.2023	No

Additional Explanations

Ref: Our public disclosure dated 13.09.2023. Our Company will issue a USD denominated Eurobond, with a nominal amount of 400 million USD, redemption date of 25 September 2028, maturity of 5 years, fixed interest and semi-annual months coupon payments with a yield of 8,5% and a coupon rate of 8,5%. The issuance is planned to be completed on 25 September 2023 following the receipt of the Issuance Certificate from the CMB. 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.