VESTEL ELEKTRONİK SANAYİ VE TİCARET A.Ş.

Capital/Financing Update • Jan 25, 2023

Summary Info	Issuance of a Corporate Bond with Fixed Coupon Payment to Qualified Investors
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Completion of the Sale

Board Decision Date	31.10.2022

Related Issue Limit Info

Currency Unit	TRY
Limit	1.500.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	02.12.2022

Capital Market Instrument To Be Issued Info

Central Securities Depository	Merkezi Kayıt Kuruluşu A.Ş.
The country where the issue takes place	Türkiye
Type	Bond
Maturity Date	08.02.2024
Maturity (Day)	379
Interest Rate Type	Fixed Rate
Interest Rate - Yearly Simple (%)	34
Interest Rate - Yearly Compound (%)	33,8
Sale Type	Sale To Qualified Investor
ISIN Code	TRSVSTL22412
Title Of Intermediary Brokerage House	AK YATIRIM MENKUL DEĞERLER A.Ş.
Payment Type	TL Payment
Traded in the Stock Exchange	No
Maturity Starting Date	25.01.2023
Nominal Value of Capital Market Instrument Sold	120.000.000
Issue Price	1
Coupon Number	1
Currency Unit	TRY
Coupon Payment Frequency	Single Coupon

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Record Date	Payment Date	Interest Rate - Periodic (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	08.02.2024	07.02.2024	08.02.2024	35,3042
Principal/Maturity Date Payment Amount	08.02.2024	07.02.2024	08.02.2024	35,3042	120.000.000

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
JCR-Eurasia Rating	A (Trk)/( Stabil Görünüm)	29.11.2022	Yes

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

Vestel Elektronik announced on December 7, 2022 that the Capital Markets Board approved the Company's application to issue TL denominated debt instruments up to a nominal value of TL 1,500,000,000 and with a maximum maturity of 5 years for sale in single or multiple tranches to qualified investors in the domestic market. Within this scope, the Company completed the sale of a TL 120,000,000 corporate bond with fixed coupon payment with a maturity of 379 days to domestic qualified investors on January 25, 2023. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue. This statement was 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.