SASA POLYESTER SANAYİ A.Ş.

Capital/Financing Update • Jan 26, 2022

Summary Info	Board Resolution regarding Eurobond Issue
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	26.01.2022
Issue Limit	500.000.000
Currency Unit	USD
Issue Limit Security Type	Debt Securities
Sale Type	Oversea
Domestic / Oversea	Oversea

Additional Explanations

At the meeting of our Company's Board of Directors dated 26 January 2022, it has been decided to the issuance of Debt Securities (Eurobond) up to a total value of USD 500,000,000 (five hundred million USD) all to be sold abroad with a fixed and/or variable interest rates in various tenors and maturities to be determined according to the market conditions at the issuance dates in order to finance our investments and working capital needs. In addition, it has been decided that the necessary studies to be commenced for the authorization of intermediary institutions, and the necessary applications to be made before Capital Markets Board and other relevant institutions and organizations, and the top management to be authorized to carry out all transactions for the issuance, including the determination of the terms and conditions and the completion of sale. 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.