TÜPRAŞ-TÜRKİYE PETROL RAFİNERİLERİ A.Ş.

Capital/Financing Update • Nov 28, 2022

Summary Info	The 8th coupon and principal payment the bond of TL 500 million with ISIN Code of TRSTPRSK2217
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Subject of Notification	Coupon Payment
Reason of Correction	International credit rating agency Fitch Ratings has affirmed Long Term Foreign Currency Issuer Default Ratings of our company at B and revised up our company's outlook from "Negative" to "Stable".

Board Decision Date	19.10.2020

Related Issue Limit Info

Currency Unit	TRY
Limit	2.000.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	12.11.2020

Capital Market Instrument To Be Issued Info

Central Securities Depository	Merkezi Kayıt Kuruluşu
The country where the issue takes place	Türkiye
Type	Bond
Maturity Date	28.11.2022
Maturity (Day)	728
Interest Rate Type	Floating Rate
Floating Rate Reference	TLREF
Additional Return	1,40
Sale Type	Sale To Qualified Investor
ISIN Code	TRSTPRSK2217
Title Of Intermediary Brokerage House	YAPI KREDİ YATIRIM MENKUL DEĞERLER A.Ş.
Payment Type	TL Payment
Ending Date of Sale	30.11.2020
Traded in the Stock Exchange	No
Maturity Starting Date	30.11.2020
Nominal Value of Capital Market Instrument Sold	500.000.000
Issue Price	1
Coupon Number	8
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	01.03.2021	26.02.2021	01.03.2021	4,5899	18,41	19,7218	22.949.500		Yes
2	31.05.2021	28.05.2021	31.05.2021	5,1038	20,4712	22,0987	25.518.999,99		Yes
3	31.08.2021	27.08.2021	31.08.2021	5,2608	20,8718	22,5577	26.304.000		Yes
4	29.11.2021	26.11.2021	29.11.2021	4,7261	19,1668	20,5963	23.630.499,97		Yes
5	28.02.2022	25.02.2022	28.02.2022	4,0575	16,2747	17,296	20.287.499,98		Yes
6	30.05.2022	27.05.2022	30.05.2022	3,9192	15,7198	16,672	19.596.000		Yes
7	29.08.2022	26.08.2022	29.08.2022	3,9368	15,7906	16,7513	19.684.000		Yes
8	28.11.2022	25.11.2022	28.11.2022	3,3569	13,4646	14,1604	16.784.499,95		Yes
Principal/Maturity Date Payment Amount	28.11.2022	25.11.2022	28.11.2022				500.000.000		Yes

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
Fitch Ratings	B	14.10.2022	No

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

The 8th coupon interest and principal payment of the bond; of which the sale transaction was completed on 30.11.2020 with a nominal value of TL 500 million, 24-month term, 3-month coupon payments, floating interest and principal payment at maturity, with ISIN Code of TRSTPRSK2217, has been made today. The interest rate for the 8th coupon payment was set at 3,3569%. In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.