AYGAZ A.Ş.

Capital/Financing Update • Jan 28, 2022

Summary Info	Bond Issuance
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	14.04.2021

Related Issue Limit Info

Currency Unit	TRY
Limit	500.000.000
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	03.02.2023
Maturity (Day)	368
Interest Rate Type	Fixed Rate
Interest Rate - Periodic (%)	24,20
Interest Rate - Yearly Simple (%)	24,00
Interest Rate - Yearly Compound (%)	23,98
Sale Type	Sale To Qualified Investor
ISIN Code	TRSAYGZ22312
Title Of Intermediary Brokerage House	YAPI KREDİ YATIRIM MENKUL DEĞERLER A.Ş.
Starting Date of Sale	28.01.2022
Ending Date of Sale	28.01.2022
Maturity Starting Date	31.01.2022
Nominal Value of Capital Market Instrument Sold	150.000.000
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	03.02.2023	02.02.2023	03.02.2023
Principal/Maturity Date Payment Amount	03.02.2023	02.02.2023	03.02.2023

Additional Explanations

The sale transaction of bonds with ISIN code TRSAYGZ22312, 368-day term and 24.00% yearly fixed rate coupon and principal payment at maturity date of 03.02.2023, was completed on 28.01.2022. The final issuance amount is realized as TRL 150.000.000, within the ceiling which was approved by the Capital Markets Board's decision numbered 26/763 on 20.05.2021. Value date of the issuance will be 31.01.2022. 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.