TÜRKİYE VAKIFLAR BANKASI T.A.O.

Capital/Financing Update • Oct 23, 2025

Summary Info	The Sixth 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	22.09.2022

Related Issue Limit Info

Currency Unit	TRY
Limit	3.000.000.000
Issue Limit Security Type	Subordinated Debt Securities
Sale Type	Private Placement-Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	13.10.2022

Capital Market Instrument To Be Issued Info

Type	Subordinated Debt Securities
Maturity Date	14.10.2032
Maturity (Day)	3.640
Sale Type	Sale To Qualified Investor
Intended Nominal Amount	1.750.000.000
The country where the issue takes place	Türkiye
Approval Date of Tenor Issue Document	13.10.2022
Title Of Intermediary Brokerage House	VAKIF YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository	Merkezi Kayıt Kuruluşu A.Ş.
Starting Date of Sale	26.10.2022
Ending Date of Sale	26.10.2022
Nominal Value of Capital Market Instrument Sold	1.750.000.000
Maturity Starting Date	27.10.2022
Issue Price	1
Interest Rate Type	Floating Rate
Floating Rate Reference	OTHER
Additional Return (%)	-
Traded in the Stock Exchange	Yes
Payment Type	TL Payment
ISIN Code	TRSVKFBE3217
Coupon Number	20
Currency Unit	TRY
Coupon Payment Frequency	Once Every Six Months

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	27.04.2023	26.04.2023	27.04.2023	0,98	1,97	1,98	17.150.000		Yes
2	26.10.2023	25.10.2023	26.10.2023	1,25	2,51	2,52	21.875.000		Yes
3	25.04.2024	24.04.2024	25.04.2024	1,62	3,26	3,28	28.350.000		Yes
4	24.10.2024	23.10.2024	24.10.2024	1,92	3,86	3,9	33.600.000		Yes
5	24.04.2025	22.04.2025	24.04.2025	2,26	4,54	4,59	39.550.000		Yes
6	23.10.2025	22.10.2025	23.10.2025	2,56	5,13	5,2	44.800.000		Yes
7	24.04.2026	22.04.2026	24.04.2026
8	22.10.2026	21.10.2026	22.10.2026
9	22.04.2027	21.04.2027	22.04.2027
10	21.10.2027	20.10.2027	21.10.2027
11	20.04.2028	19.04.2028	20.04.2028
12	19.10.2028	18.10.2028	19.10.2028
13	19.04.2029	18.04.2029	19.04.2029
14	18.10.2029	17.10.2029	18.10.2029
15	18.04.2030	17.04.2030	18.04.2030
16	17.10.2030	16.10.2030	17.10.2030
17	17.04.2031	27.12.2030	17.04.2031
18	16.10.2031	27.12.2030	16.10.2031
19	15.04.2032	27.12.2030	15.04.2032
20	14.10.2032	27.12.2030	14.10.2032
Principal/Maturity Date Payment Amount	14.10.2032	27.12.2030	14.10.2032

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) (Durağan İzleme) / Ulusal Uzun Vadeli	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 23, 2022, October 3, 2022, and October 14, 2022 The sixth coupon payment of above mentioned subordinated debt instrument, approved by the Capital Markets Board on 13.10.2022 to be issued to qualified investors without a public offering, limit up to a nominal value of TL 3 billion, amounting TL 1,750,000,000 and additional rate of return is 160 basis points on an annual basis with 10 years maturity (3,640 days), having a 10NC5 structure and floating rate has been completed. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.