TÜRKİYE VAKIFLAR BANKASI T.A.O.

Capital/Financing Update • Sep 19, 2025

Summary Info	The Twenty-Fourth Coupon Payment of Subordinated Notes Issuance to Sell Domestic Qualified Investors
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Coupon Payment

Board Decision Date	02.09.2019

Related Issue Limit Info

Currency Unit	TRY
Limit	5.000.000.000
Issue Limit Security Type	Subordinated Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	12.09.2019

Capital Market Instrument To Be Issued Info

Type	Subordinated Debt Securities
Maturity Date	14.09.2029
Maturity (Day)	3.640
Sale Type	Sale To Qualified Investor
The country where the issue takes place	Türkiye
Approval Date of Tenor Issue Document	12.09.2019
Title Of Intermediary Brokerage House	VAKIF YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository	MKK
Starting Date of Sale	23.09.2019
Ending Date of Sale	24.09.2019
Nominal Value of Capital Market Instrument Sold	725.000.000
Maturity Starting Date	27.09.2019
Issue Price	1
Interest Rate Type	Floating Rate
The Period That Rate Will Be Used	T-1
Floating Rate Reference	TLREF
Additional Return (%)	1,50
Traded in the Stock Exchange	Yes
Payment Type	TL Payment
ISIN Code	TRSVKFB92925
Coupon Number	40
Currency Unit	TRY
Coupon Payment Frequency	Quarterly

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Record Date	Payment Date	Interest Rate - Periodic (%)	Interest Rate - Yearly Simple (%)	Interest Rate - Yearly Compound (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	27.12.2019	26.12.2019	27.12.2019	4,4526	17,8593	19,0926	32.281.350		Yes
2	27.03.2020	26.03.2020	27.03.2020	3,9133	15,6961	16,6453	28.371.425		Yes
3	26.06.2020	25.06.2020	26.06.2020	3,1073	12,4633	13,0586	22.527.925		Yes
4	25.09.2020	24.09.2020	25.09.2020	2,5276	10,1381	10,5305	18.325.100		Yes
5	25.12.2020	24.12.2020	25.12.2020	2,6793	10,7467	11,188	19.424.925		Yes
6	26.03.2021	25.03.2021	26.03.2021	3,8954	15,6243	16,5649	28.241.650		Yes
7	25.06.2021	24.06.2021	25.06.2021	4,6887	18,8063	20,176	33.993.075		Yes
8	24.09.2021	23.09.2021	24.09.2021	5,1181	20,5285	22,1654	37.106.225		Yes
9	24.12.2021	23.12.2021	24.12.2021	5,1057	20,4788	22,1076	37.016.325		Yes
10	25.03.2022	24.03.2022	25.03.2022	4,4749	17,9487	19,1947	32.443.025		Yes
11	24.06.2022	23.06.2022	24.06.2022	3,936	15,7871	16,7477	28.536.000		Yes
12	23.09.2022	22.09.2022	23.09.2022	3,8904	15,6045	16,5424	28.205.400		Yes
13	23.12.2022	22.12.2022	23.12.2022	3,8002	15,2427	16,137	27.551.450		Yes
14	24.03.2023	23.03.2023	24.03.2023	3,11	12,4741	13,0705	22.547.500		Yes
15	23.06.2023	22.06.2023	23.06.2023	2,6537	10,644	11,0768	19.239.325		Yes
16	22.09.2023	21.09.2023	22.09.2023	2,803	11,2428	11,7262	20.321.750		Yes
17	22.12.2023	21.12.2023	22.12.2023	5,1959	20,8409	22,5285	37.670.275		Yes
18	22.03.2024	21.03.2024	22.03.2024	8,9861	36,0432	41,2196	65.149.225		Yes
19	21.06.2024	20.06.2024	21.06.2024	11,4576	45,9564	54,5099	83.067.600		Yes
20	20.09.2024	19.09.2024	20.09.2024	13,1869	52,8924	64,3523	95.605.025		Yes
21	20.12.2024	19.12.2024	20.12.2024	13,0032	52,1556	63,285	94.273.200		Yes
22	21.03.2025	20.03.2025	21.03.2025	12,6614	50,7847	61,3131	91.795.150		Yes
23	20.06.2025	19.06.2025	20.06.2025	11,6703	46,8093	55,696	84.609.675		Yes
24	19.09.2025	18.09.2025	19.09.2025	12,3004	49,3366	59,2498	81.177.900		Yes
25	19.12.2025	18.12.2025	19.12.2025	11,3066	45,3507	53,6721
26	20.03.2026	19.03.2026	20.03.2026
27	19.06.2026	18.06.2026	19.06.2026
28	18.09.2026	17.09.2026	18.09.2026
29	18.12.2026	17.12.2026	18.12.2026
30	19.03.2027	18.03.2027	19.03.2027
31	18.06.2027	17.06.2027	18.06.2027
32	17.09.2027	16.09.2027	17.09.2027
33	17.12.2027	16.12.2027	17.12.2027
34	17.03.2028	16.03.2028	17.03.2028
35	16.06.2028	15.06.2028	16.06.2028
36	15.09.2028	14.09.2028	15.09.2028
37	15.12.2028	14.12.2028	15.12.2028
38	16.03.2029	15.03.2029	16.03.2029
39	15.06.2029	14.06.2029	15.06.2029
40	14.09.2029	13.09.2029	14.09.2029
Principal/Maturity Date Payment Amount	14.09.2029	13.09.2029	14.09.2029

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
Fitch Ratings	AA(tur) / Ulusal Uzun Vadeli Not	26.07.2022	Yes

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

Reference: VakıfBank Public Disclosures Dated September 4, 2019, September 6, 2019, September 13, 2019 and September 25, 2019. The twenty-fourth coupon payment of abovementioned Turkish Lira Benchmark Interest Rate Indexed (TLREF) Tier II notes amounting TL 725,000,000 with 10 years maturity (3,640 days), having a 10NC5 structure and floating rate has been completed as of today (19.09.2025). According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.