AYDEM YENİLENEBİLİR ENERJİ A.Ş.

Capital/Financing Update • Jun 21, 2021

Summary Info	Developments on the Issuance of Debt Securities for Sale Outside of Turkey
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	09.06.2021
Issue Limit	1.000.000.000
Currency Unit	USD
Issue Limit Security Type	Debt Securities
Sale Type	Oversea
Domestic / Oversea	Oversea
Capital Market Board Application Date	16.06.2021

Additional Explanations

We had announced on 16.06.2021 that the application to Capital Markets Board has been made on 16.06.2021 regarding the planned debt security issuance. In this respect, we mandated Goldman Sachs International, J.P. Morgan Securities plc and Citigroup Global Markets Limited for the purpose of offering the bonds to qualified investors outside of Turkey within the format of "Rule 144A" and/or "Regulation S". In July 2021, it is planned that the members of our senior management will attend a series of virtual investor/roadshow meetings to be arranged with potential investors residing abroad. The final decision on the issuance, amount and conditions will be determined subject to the roadshow meetings, market conditions and application approval of the Capital Markets Board regarding the issue limit and the approval of the tranche issuance document.