Capital/Financing Update • May 31, 2023
Capital/Financing Update
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| Summary Info | BOD Resolution on Debt Securities Issuance and CMB Application |
| Update Notification Flag | No |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Related Companies | GEDIK |
| Authorized Member Decision Date | 31.05.2023 |
| Issue Limit | 700.000.000 |
| Currency Unit | TRY |
| Issue Limit Security Type | Debt Securities |
| Sale Type | Sale To Qualified Investor |
| Domestic / Oversea | Domestic |
| Capital Market Board Application Date | 31.05.2023 |
Additional Explanations
Dear Shareholders, Pursuant to the authority granted by Article 6 of our Company's articles of association, within the framework of capital markets legislation, it was decided at the meeting of our Company's Board of Directors dated 31.05.2023, to apply to the Capital Markets Board with the request for approval of a new issuance ceiling and the issuance document prepared for this purpose regarding the debt instruments to be issued by our Company up to 700,000,000 TL (SevenHundredMillion Turkish Lira) in at different maturities within one year to be sold to qualified investors without being offered to the public domestically. Based on our decision, an application has been made to the Capital Markets Board and Borsa Istanbul AŞ as of today. We will share the developments about the process with the public in the upcoming period. It is respectfully announced to the public. In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.
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