AYGAZ A.Ş.

Capital/Financing Update • Sep 11, 2023

Summary Info	7th Coupon Interest Rate Determinaton for the Bond with the ISIN code TRSAYGZA2312
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Subject of Notification	Coupon Rate Determination
Reason of Correction	No correction is made.

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 Board Approval Date	20.05.2021

Capital Market Instrument To Be Issued Info

Type	Bond
Maturity Date	11.12.2023
Maturity (Day)	725
Sale Type	Sale To Qualified Investor
The country where the issue takes place	Türkiye
Title Of Intermediary Brokerage House	YAPI KREDİ YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository	Merkezi Kayıt Kuruluşu A.Ş.
Starting Date of Sale	15.12.2021
Ending Date of Sale	15.12.2021
Nominal Value of Capital Market Instrument Sold	180.000.000
Maturity Starting Date	16.12.2021
Issue Price	1
Interest Rate Type	Floating Rate
Floating Rate Reference	TLREF
Additional Return	2,15
Traded in the Stock Exchange	No
Payment Type	TL Payment
ISIN Code	TRSAYGZA2312
Coupon Number	8
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	16.03.2022	15.03.2022	16.03.2022	4,1259	16,7328	17,8177	7.426.620		Yes
2	15.06.2022	14.06.2022	15.06.2022	4,0956	16,4274	17,4684	7.372.079,99		Yes
3	13.09.2022	12.09.2022	13.09.2022	4,0304	16,3457	17,3803	7.254.719,99		Yes
4	13.12.2022	12.12.2022	13.12.2022	3,4036	13,6519	14,3674	6.126.479,99		Yes
5	14.03.2023	13.03.2023	14.03.2023	2,8522	11,4402	11,9408	5.133.959,99		Yes
6	12.06.2023	09.06.2023	12.06.2023	2,9463	11,9488	12,4977	5.303.339,99		Yes
7	11.09.2023	08.09.2023	11.09.2023	4,9415	19,8205	21,3443
8	11.12.2023	08.12.2023	11.12.2023
Principal/Maturity Date Payment Amount	11.12.2023	08.12.2023	11.12.2023

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 Kurum Kredi Rating Notu : AA (tr) / (Stabil Görünüm) , Kısa Vadeli Ulusal Kurum Kredi Rating Notu : J1+ (tr) / (Stabil Görünüm)	14.06.2023	Yes

Does the capital market instrument have a rating note?	No

Additional Explanations

The seventh coupon interest rate for the TRSAYGZA2312 ISIN code bond issued by our company has been determined as 4,9415%. 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.