BORUSAN BİRLEŞİK BORU FABRİKALARI SANAYİ VE TİCARET A.Ş.

Capital/Financing Update • Oct 2, 2023

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

Board Decision Date	09.12.2022

Related Issue Limit Info

Currency Unit	TRY
Limit	3.000.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Private Placement-Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	20.09.2023

Capital Market Instrument To Be Issued Info

Type	Bond
Maturity Date	01.10.2024
Maturity (Day)	365
Sale Type	Sale To Qualified Investor
Intended Nominal Amount	500.000.000
Intended Maximum Nominal Amount	500.000.000
The country where the issue takes place	Türkiye
Title Of Intermediary Brokerage House	AK YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository	Merkezi Kayıt Kuruluşu A.Ş.
Starting Date of Sale	29.09.2023
Ending Date of Sale	29.09.2023
Nominal Value of Capital Market Instrument Sold	500.000.000
Maturity Starting Date	02.10.2023
Issue Price	1
Interest Rate Type	Fixed Rate
Interest Rate - Yearly Simple (%)	45,00
Interest Rate - Yearly Compound (%)	53,18
Traded in the Stock Exchange	Yes
Payment Type	TL Payment
ISIN Code	TRSBRSNE2415
Coupon Number	4
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 (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	02.01.2024	29.12.2023	02.01.2024	11,3425
2	02.04.2024	01.04.2024	02.04.2024	11,2192
3	02.07.2024	01.07.2024	02.07.2024	11,2192
4	01.10.2024	30.09.2024	01.10.2024	11,2192
Principal/Maturity Date Payment Amount	01.10.2024	30.09.2024	01.10.2024

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
JCR-Eurasia Rating	A+ (tr) Uzun Vadeli Ulusal Not/Long Term National Note	31.08.2023	Yes

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

On October 2nd, 2023, Borusan Mannesmann completed the issuance of TRY500,000,000 bond to the qualified investors in domestic market with the ISIN code of TRSBRSNE2415, which has four coupon payments, a maturity of 365 days with a fixed interest rate of 45% and redemption date of October 1st, 2024.The Turkish translation of this disclosure is also available and in case of any discrepancy, the Turkish version shall prevail.