AYGAZ A.Ş.

Capital/Financing Update • Jul 29, 2022

Summary Info	Bond Issuance
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Completion of the Sale

Board Decision Date	14.06.2022

Related Issue Limit Info

Currency Unit	TRY
Limit	1.000.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Private Placement-Sale To Qualified Investor
Domestic / Oversea	Domestic

Capital Market Instrument To Be Issued Info

Type	Bond
Maturity Date	09.05.2023
Maturity (Day)	281
Interest Rate Type	Fixed Rate
Interest Rate - Yearly Simple (%)	33,30
Interest Rate - Yearly Compound (%)	34,51
Sale Type	Sale To Qualified Investor
ISIN Code	TRFAYGZ52316
Title Of Intermediary Brokerage House	YAPI KREDİ YATIRIM MENKUL DEĞERLER A.Ş.
Starting Date of Sale	29.07.2022
Ending Date of Sale	29.07.2022
Maturity Starting Date	01.08.2022
Nominal Value of Capital Market Instrument Sold	100.000.000
Coupon Number	1
Currency Unit	TRY

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Record Date	Payment Date	Interest Rate (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	09.05.2023	08.05.2023	09.05.2023
Principal/Maturity Date Payment Amount	09.05.2023	08.05.2023	09.05.2023

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.Ş.	Uzun Vadeli Ulusal Notu "AA+(Tr) / (Stabil Görünüm)", Kısa Vadeli Ulusal Notu "J1+(Tr) / (Stabil Görünüm)"	14.06.2022	Yes

Does the capital market instrument have a rating note?	No

Additional Explanations

The sale transaction of bonds with ISIN code TRFAYGZ52316, 281-day term and 25.64% yearly fixed rate coupon and principal payment at maturity date of 09.05.2023, was completed on 29.07.2022. The final issuance amount is realized as TRL 100.000.000, within the ceiling which was approved by the Capital Markets Board's decision numbered 37/1053 on 06.07.2022. Value date of the issuance will be 01.08.2022. This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.