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KARSAN OTOMOTİV SANAYİİ VE TİCARET A.Ş.

Capital/Financing Update May 11, 2023

5928_rns_2023-05-11_090d2dea-cdca-4780-bb51-c11a415a56e6.html

Capital/Financing Update

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Summary Info CMB Application on Domestic Debt Securities Shelf Registration
Update Notification Flag Yes
Correction Notification Flag No
Postponed Notification Flag No
Authorized Member Decision Date 13.04.2023
Issue Limit 600.000.000
Currency Unit TRY
Issue Limit Security Type Debt Securities
Sale Type Private Placement-Sale To Qualified Investor
Domestic / Oversea Domestic
Capital Market Board Application Date 11.05.2023

Additional Explanations

The Board of Directors' Decision, dated 13 April 2023, taken by our Company for domestic debt securities issuances up to a nominal value of 600,000,000 TL (SixHundredMillionTurkishLiras), was announced on the Public Disclosure Platform with a Material Disclosure on the same day. Regarding the shelf registration planned within the scope of the said decision, our Company has made the necessary application to the Capital Markets Board. 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.

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