ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

Capital/Financing Update • May 18, 2023

Summary Info	Fourth Coupon Payment and Redemption of the Corporate Bond with the ISIN Code of TRSZORN52310
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Redemption

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	18.05.2023
Maturity (Day)	406
Sale Type	Sale To Qualified Investor
Intended Nominal Amount	42.810.000
Intended Maximum Nominal Amount	42.810.000
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	42.810.000
Maturity Starting Date	07.04.2022
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	TRSZORN52310
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	07.07.2022	06.07.2022	07.07.2022	7,7288	31,0001	34,7977	3.308.699,28		Yes
2	06.10.2022	05.10.2022	06.10.2022	7,7288	31,0001	34,7977	3.308.699,28		Yes
3	05.01.2023	04.01.2023	05.01.2023	7,7288	31,0001	34,7977	3.308.699,28		Yes
4	18.05.2023	17.05.2023	18.05.2023	11,2959	31	34,1392	4.835.774,76		Yes
Principal/Maturity Date Payment Amount	18.05.2023	17.05.2023	18.05.2023				42.810.000		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 Derecelendirme A.Ş.	A- (Tr) - Uzun Vadeli Ulusal Notu	09.08.2022	Yes

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

TL 42,810,000 nominally valued Corporate Bond, which was sold to qualified investors on April 7, 2022 with a maturity of 406 days and with the ISIN Code of TRSZORN52310, was redeemed as of today (May 18, 2023) with the completion of the fourth coupon payment amounting to TL 4,835,774.76 and the principal payment of TL 42,810,000. 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.