AYGAZ A.Ş.

Capital/Financing Update • Mar 31, 2023

Summary Info	Principal redemption and coupon payment of 200,000,000 TL bond with ISIN code TRFAYGZ32318
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Redemption

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	31.03.2023
Maturity (Day)	179
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	30.09.2022
Ending Date of Sale	30.09.2022
Nominal Value of Capital Market Instrument Sold	200.000.000
Maturity Starting Date	03.10.2022
Issue Price	1
Interest Rate Type	Fixed Rate
Interest Rate - Equivalent to Maturity (%)	12,26
Interest Rate - Yearly Simple (%)	25,00
Interest Rate - Yearly Compound (%)	26,59
Traded in the Stock Exchange	Yes
Payment Type	TL Payment
ISIN Code	TRFAYGZ32318
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	31.03.2023	30.03.2023	31.03.2023	12,26	24.520.000		Yes
Principal/Maturity Date Payment Amount	31.03.2023	30.03.2023	31.03.2023		200.000.000		Yes

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

Principal redemption of 200,000,000 TL and the single coupon payment of 24,520,000 TL of the private sector bond that was issued by our Company with ISIN code TRFAYGZ32318 was completed on 31.03.2023. 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.