SMART GÜNEŞ ENERJİSİ TEKNOLOJİLERİ ARAŞTIRMA GELİŞTİRME ÜRETİM SANAYİ VE TİCARET A.Ş.

Capital/Financing Update • Oct 27, 2025

Summary Info	The first coupon interest rate of the bond with the ISIN code TRSSMAR72611 dated 27.10.2025 has been determined as 11.7445%.
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Subject of Notification	Coupon Rate Determination
Reason of Correction	The first coupon interest rate of our company's private sector bond with a nominal value of 400,000,000 TL, ISIN code TRSSMAR72611, with a maturity of 366 days and a coupon payment every 3 months based on variable interest (TLREF+3.5) has been determined as 11.7445% on 27.10.2025.

Board Decision Date	30.05.2025

Related Issue Limit Info

Currency Unit	TRY
Limit	3.000.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	03.07.2025

Capital Market Instrument To Be Issued Info

Type	Bond
Maturity Date	29.07.2026
Maturity (Day)	366
Sale Type	Sale To Qualified Investor
The country where the issue takes place	Türkiye
Title Of Intermediary Brokerage House	AK YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository	Merkezi Kayıt Kuruluşu A.Ş.
Starting Date of Sale	25.07.2025
Ending Date of Sale	25.07.2025
Nominal Value of Capital Market Instrument Sold	400.000.000
Maturity Starting Date	28.07.2025
Issue Price	1
Interest Rate Type	Floating Rate
The Period That Rate Will Be Used	T-1
Floating Rate Reference	TLREF
Additional Return (%)	3,5
Traded in the Stock Exchange	Yes
Payment Type	TL Payment
ISIN Code	TRSSMAR72611
Coupon Number	4
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	27.10.2025	24.10.2025	27.10.2025	11,7445	47,1071	56,1114
2	26.01.2026	23.01.2026	26.01.2026
3	27.04.2026	24.04.2026	27.04.2026
4	29.07.2026	28.07.2026	29.07.2026
Principal/Maturity Date Payment Amount	29.07.2026	28.07.2026	29.07.2026

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
JCR Avrasya Derecelendirme	A (-)	18.07.2025	Yes

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

The first coupon interest rate of our company's private sector bond with a nominal value of 400,000,000 TL, ISIN code TRSSMAR72611, with a maturity of 366 days and a coupon payment every 3 months based on variable interest (TLREF+3.5) has been determined as 11.7445% on 27.10.2025.