VESTEL ELEKTRONİK SANAYİ VE TİCARET A.Ş.

Capital/Financing Update • Dec 2, 2022

Summary Info	Redemption of the Discounted Commercial Paper with the ISIN Code of TRFVSTLA2212.
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Subject of Notification	Redemption
Reason of Correction	No correction.

Board Decision Date	13.04.2022

Related Issue Limit Info

Currency Unit	TRY
Limit	750.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	21.06.2022

Capital Market Instrument To Be Issued Info

Central Securities Depository	MKK
The country where the issue takes place	Türkiye
Type	Bill
Maturity Date	02.12.2022
Maturity (Day)	123
Interest Rate Type	Discounted
Interest Rate - Equivalent to Maturity (%)	11,275
Interest Rate - Yearly Simple (%)	33
Interest Rate - Yearly Compound (%)	36,74
Sale Type	Sale To Qualified Investor
ISIN Code	TRFVSTLA2212
Title Of Intermediary Brokerage House	AK YATIRIM MENKUL DEĞERLER A.Ş.
Payment Type	TL Payment
Ending Date of Sale	01.08.2022
Traded in the Stock Exchange	No
Maturity Starting Date	01.08.2022
Nominal Value of Capital Market Instrument Sold	334.000.000
Issue Price	1
Coupon Number	0
Redemption Date	02.12.2022
Record Date	01.12.2022
Payment Date	02.12.2022
Principal/Maturity Date Payment Amount	334.000.000
Currency Unit	TRY
Was The Payment Made?	Yes

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

TL 334,000,000 nominally valued Discounted Commercial Paper, which was sold to qualified investors on August 1, 2022 with a maturity of 123 days and with the ISIN Code of TRFVSTLA2212, was redeemed as of today (December 2, 2022) with completion of the principal payment of TL 334,000,000. 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.