TÜPRAŞ-TÜRKİYE PETROL RAFİNERİLERİ A.Ş.

Capital/Financing Update • Jan 20, 2021

Summary Info	Bond Issuance
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

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 Instrument To Be Issued Info

The country where the issue takes place	Türkiye
Type	Bond
Maturity Date	20.01.2023
Maturity (Day)	728
Title Of Intermediary Brokerage House	GARANTİ YATIRIM MENKUL KIYMETLER A.Ş.
Maturity Starting Date	22.01.2021
Coupon Number	8

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Record Date	Payment Date	Interest Rate (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	26.04.2021	22.04.2021	26.04.2021
2	26.07.2021	19.07.2021	26.07.2021
3	25.10.2021	22.10.2021	25.10.2021
4	24.01.2022	21.01.2022	24.01.2022
5	25.04.2022	22.04.2022	25.04.2022
6	25.07.2022	22.07.2022	25.07.2022
7	24.10.2022	21.10.2022	24.10.2022
8	20.01.2023	19.01.2023	20.01.2023
Principal/Maturity Date Payment Amount

Additional Explanations

With reference to our application concerning the domestic sale of bonds, to qualified investors only, that was approved by the Capital Markets Board, with decision numbered 71/1400 and dated 12.11.2020 ; book-building process of the bond with an initial amount of 100 million TL (the amount may be increased in line with the demand), 728-day maturity and floating rate 3 month coupon is planned to be held on 21.01.2021 and bonds are expected to be issued on 22.01.2021. The issuance will be advised by Garanti Yatırım Menkul Kıymetler AŞ. This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.