MİGROS TİCARET A.Ş.

Capital/Financing Update • Aug 21, 2020

Summary Info	CMB approval for the issuance limit of debt instruments
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Reason of Correction	New issuance limit of TL 500,000,000

Authorized Member Decision Date	04.08.2020
Issue Limit	500.000.000
Currency Unit	TRY
Issue Limit Security Type	Debt Securities
Sale Type	Private Placement-Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Application Date	06.08.2020
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	20.08.2020
Expiry Date of Issue Limit	20.08.2021

Additional Explanations

In the public disclosure dated 07.08.2020, it was announced that Migros had applied to the Capital Markets Board ("CMB") for the approval of the issuance certificate(s) regarding the issuance limit of debt instruments. In the CMB Bulletin dated 20.08.2020, it was announced that CMB approved our Company's application and provided an issuance limit of TL 500,000,000 for the debt instruments. (In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.)