AYGAZ A.Ş.

Capital/Financing Update • Jun 20, 2023

Summary Info	Book-Building of Debt Instrument Issuance
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Book-Building

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 Board Approval Date	06.07.2022

Capital Market Instrument To Be Issued Info

Type	Bill
Maturity Date	28.09.2023
Maturity (Day)	99
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.
Interest Rate Type	Fixed Rate
Interest Rate - Yearly Simple (%)	39,50
Interest Rate - Yearly Compound (%)	45,52
Traded in the Stock Exchange	Yes
Payment Type	TL Payment
Coupon Number	1
Currency Unit	TRY
Coupon Payment Frequency	Single Coupon

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Record Date	Payment Date	Interest Rate - Periodic (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	28.09.2023	27.09.2023	28.09.2023	10,71
Principal/Maturity Date Payment Amount	28.09.2023	27.09.2023	28.09.2023

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

With reference to our application concerning the domestic sale of bonds, to qualified investors only, that was approved, by the Capital Markets Board, with decision numbered 37/1053 and dated 06.07.2022; order book-building process of the bonds with initial nominal value of 100 million TL (the amount may be increased at the request of the investors), 99-day maturity and a single coupon (fixed rate) at the maturity is planned to be held on 20.06.2023 and bonds are expected to be issued on 21.06.2023. The issuance will be managed by Yapı Kredi Yatırım Menkul Değerler A.Ş. 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.