EREĞLİ DEMİR VE ÇELİK FABRİKALARI T.A.Ş.

Capital/Financing Update • Aug 11, 2022

Summary Info	Resolution on Issuance of Debt Instruments
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	11.08.2022
Issue Limit	2.000.000.000
Currency Unit	TRY
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic

Additional Explanations

Regarding the decision of the Board of Directors dated 11 August 2022 and numbered 9847, in accordance with the article 9 of the Articles of Association entitled "Issue of Debt Instruments" and the provisions of the Capital Market Law and other relevant legislation, Financial Management and Financial Affairs Group Vice President granted authorization to issue of debt instruments, a total amount of up to TL 2,000,000,000 (TwoBillionTurkishLira), to be sold to domestic qualified investors in one or more times, without being offered to the public, to determine the maturity of the debt instruments not exceeding 48 months, to issue of debt instruments with discount or coupon payments depending on market conditions, to determine interest rates of borrowing instruments with variable or fixed interest rates and to make all the necessary applications to the relevant authorities for the issuance of debt instruments and perform all necessary operations.