ANADOLU EFES BİRACILIK VE MALT SANAYİİ A.Ş.

Capital/Financing Update • May 3, 2021

Summary Info	Board Resolution regarding Debt Instrument Issuance and CMB Application
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	29.04.2021
Issue Limit	1.000.000.000
Currency Unit	USD
Issue Limit Security Type	Debt Securities
Sale Type	Oversea
Domestic / Oversea	Oversea
Capital Market Board Application Date	03.05.2021

Additional Explanations

Our company is evaluating long-term financing opportunities including options in international debt capital markets, particularly in relation to the refinancing its Eurobond maturing in 2022 as well as financing its upcoming working capital needs. For this purpose, on April 29, 2021, our Board of Directors resolved to authorize our senior management regarding private placement and/or issuance of bond, commercial paper or any other debentures, in one or more tranches of issuance and in various types and terms, to real and legal persons domiciled outside Turkey, without public offering, up to USD 1,000,000,000 (One billion US Dollars) or its equivalent in another currency, with fix and/or floating rates to be determined as per the current market conditions at the date of the issuance; to obtain necessary approvals from the Capital Markets Board and other relevant agencies, to determine the transaction terms and placement; and performing all acts and transactions in connection therewith including the completion of sale. Following the resolution of the Board of Directors, the Company has made an application to the Capital Markets Board ("Board") on May 3rd, 2021 (today) regarding the planned debt issue abroad in order to be registered by the Board pursuant to the Capital Market Law No. 6362 and the provisions of Communique VII-128.8 on Debt Securities of Capital Markets Board and other relevant legislation.