KARSAN OTOMOTİV SANAYİİ VE TİCARET A.Ş.

Capital/Financing Update • Jul 28, 2025

Summary Info	CMB Approval Correction of the Domestic Debt Securities Issuance
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	02.06.2025
Issue Limit	2.000.000.000
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	02.06.2025
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	23.07.2025
Expiry Date of Issue Limit	23.07.2026

Additional Explanations

Based on our company's disclosure dated June 02, 2025, our application made to the Capital Markets Board (CMB) for the issue certificate pertaining to the issue of debt instruments up to TL 2.000.000.000,- in a single lot or in multiple lots, for sale domestically to qualified investors and/or as pre-allocated and without public offering in a 1-year time period has been approved by the CMB with the decision numbered 41/1337 and date July 23, 2025. The Application Form, Issue Document and Attachment of the Issue Document are attached. This statement has been translated into English for informational purposes.