KARSAN OTOMOTİV SANAYİİ VE TİCARET A.Ş.

Capital/Financing Update • Oct 6, 2023

Summary Info	Completion of financial bill issuance
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Completion of the Sale

Board Decision Date	13.04.2023

Related Issue Limit Info

Currency Unit	TRY
Limit	600.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	31.08.2023

Capital Market Instrument To Be Issued Info

Type	Bill
Maturity Date	04.10.2024
Maturity (Day)	364
Sale Type	Sale To Qualified Investor
Intended Nominal Amount	150.000.000
The country where the issue takes place	Türkiye
Title Of Intermediary Brokerage House	İNFO YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository	Merkezi Kayıt Kuruluşu A.Ş.
Starting Date of Sale	04.10.2023
Ending Date of Sale	05.10.2023
Nominal Value of Capital Market Instrument Sold	350.000.000
Maturity Starting Date	06.10.2023
Issue Price	1
Interest Rate Type	Fixed Rate
Interest Rate - Yearly Simple (%)	51,00
Interest Rate - Yearly Compound (%)	61,62
Traded in the Stock Exchange	Yes
Payment Type	TL Payment
ISIN Code	TRFKRSNE2419
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	05.01.2024	04.01.2024	05.01.2024	12,7151
2	05.04.2024	04.04.2024	05.04.2024	12,7151
3	05.07.2024	04.07.2024	05.07.2024	12,7151
4	04.10.2024	03.10.2024	04.10.2024	12,7151
Principal/Maturity Date Payment Amount	04.10.2024	03.10.2024	04.10.2024

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
JCR Avrasya Derecelendirme A.Ş.	Uzun Vadeli Ulusal Kredi Notu BBB + (tr), Kısa Vadeli Ulusal Kredi Notu J2 (tr) ve Görünümü Stabil olarak belirlenmiştir.	22.09.2023	Yes

Does the capital market instrument have a rating note?	No

Additional Explanations

Our company has completed the issuance of the financial bill with ISIN code TRFKRSNE2419, with a maturity of 364 days, a nominal amount of 150,000,000 TL, coupon payments every 3 months, and a nominal amount of 350,000,000 TL, within the shelf registration. Respectfully announced to the public. 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.