SASA POLYESTER SANAYİ A.Ş.

Capital/Financing Update • Dec 15, 2022

Summary Info	Redemption at the Option of Issuer
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Other

Board Decision Date	27.08.2020

Related Issue Limit Info

Currency Unit	EUR
Limit	200.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Oversea
Domestic / Oversea	Oversea
Capital Market Board Approval Date	11.02.2021

Capital Market Instrument To Be Issued Info

Central Securities Depository	Euroclear Bank SA/NV and Clearstream Banking SA
Type	Bond
Maturity Date	30.06.2026
Maturity (Day)	1.826
Interest Rate Type	Fixed Rate
Sale Type	Oversea
ISIN Code	XS2357838601
Ending Date of Sale	22.06.2021
Maturity Starting Date	30.06.2021
Nominal Value of Capital Market Instrument Sold	200.000.000
Coupon Number	20
Currency Unit	EUR
Coupon Payment Frequency	Quarterly

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Was The Payment Made?
1	30.09.2021	Yes
2	30.12.2021	Yes
3	30.03.2022	Yes
4	30.06.2022	Yes
5	30.09.2022	Yes
6	30.12.2022
7	30.03.2023
8	30.06.2023
9	30.09.2023
10	30.12.2023
11	30.03.2024
12	30.06.2024
13	30.09.2024
14	30.12.2024
15	30.03.2025
16	30.06.2025
17	30.09.2025
18	30.12.2025
19	30.03.2026
20	30.06.2026
Principal/Maturity Date Payment Amount

Rating

Does the issuer have a rating note?	No

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Other Developments Regarding Issue

.

Additional Explanations

In accordance with the conditions determined for the Convertible Bonds issued on 22 June 2021 with a nominal value of EUR 200,000,000; our Company have an option to redeem the outstanding bonds if less than 15% in principal amount of the Bonds originally issued remain outstanding. As a result of the conversion requests received by our Company; the outstanding bonds fell below the limit for the redemption at the Option of Issuer. In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the original Turkish version shall prevail. SASA disclaims all warranties and makes no representations about the accuracy or completeness of the English translation and assumes no liability for any errors, omissions or inaccuracies that may arise from use of this translation.

Supplementary Documents

Appendix: 1	Convertible Bond-Conversion Price Press Release.pdf
Appendix: 2	Paya Dönüştürülebilir Tahvil-Dönüştürme Fiyatı Basın Açıklaması.pdf