SASA POLYESTER SANAYİ A.Ş.

Share Issue/Capital Change • Oct 3, 2022

Summary Info	Board Resolution on Conditional Capital Increase
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	03.10.2022
Authorized Capital (TL)	3.000.000.000
Paid-in Capital (TL)	2.240.000.000
Target Capital (TL)	2.255.830.245

Rights Issue (Allocated)

Share Group Info	Paid-in Capital (TL)	Amount of Private Placement Through Capital Increase By Restraining Preemptive Rights (TL)	Proportion of Private Placement Through Capital Increase By Restraining Preemptive Rights To The Capital (%)	New Shares'' ISIN	Form	Amount of Shares Cancelled (TL)
SASA, TRASASAW91E4	2.240.000.000	15.830.245	0,70670	SASA, TRASASAW91E4	Registered

	Paid-in Capital (TL)	Amount of Private Placement Through Capital Increase By Restraining Preemptive Rights (TL)	Proportion of Private Placement Through Capital Increase By Restraining Preemptive Rights To The Capital (%)	Amount of Shares Cancelled (TL)
TOTAL	2.240.000.000	15.830.245,000	0,70670

The Person Increased Capital Devoted	Paya Dönüştürülebilir Tahvil Sahipleri

Additional Explanations

At our company's Board of Directors Meeting held on 3 October 2022 (today), the following issues were resolved:

-To meet the demands of the Convertible Bond (CB) holders who request to exercise their conversion rights in September 2022 by realizing a conditional capital increase;

-To calculate the shares to be given to the CB holders who demand to exercise their conversion rights for a total principal bond amount of EUR 28,200,000 over the conversion price of EUR 0.017814 per share and the conversion rate of 5,613,562.37 per EUR 100.000 principal amount of the bonds;

-To increase the issued capital of the company from TRY 2,240,000,000 to TRY 2,255,830,245 by the conversion amount of TRY 15,830,245;

-To restrict the preemptive rights completely for the conditional capital increase and to allocate all of the new shares to be issued to the CB holders who demand to exercise their conversion rights in September 2022.

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.