KARTONSAN KARTON SANAYİ VE TİCARET A.Ş.

Capital/Financing Update • Apr 21, 2025

Summary Info	Our Application for "Determination of the Issuance Ceiling" Regarding the Issuance of Debt Securities has been approved by the Capital Markets Board
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	14.03.2025
Issue Limit	1.000.000.000
Currency Unit	TRY
Issue Limit Security Type	Debt Securities
Sale Type	Private Placement
Domestic / Oversea	Domestic
Capital Market Board Application Date	14.03.2025
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	18.04.2025
Expiry Date of Issue Limit	18.04.2026

Additional Explanations

In accordance with the decision of our Board of Directors dated 14.03.2025 and numbered YK/2025-08, our application made to the Capital Markets Board on 14.03.2025 for the issuance of a debt instrument in Turkish Lira with a maximum nominal value of TL 1.000.000.000.000 (one billion Turkish Lira), to be sold domestically, in one or more instances, in one or more times, on an allocated basis without public offering, based on the authorization given to the Board of Directors within the framework of Article 10 of the Company's articles of association, was approved by the Capital Markets Board's decision 24/690 dated 18.04.2025.Our application made on 03.03.2025 was notified to our company with the letter dated 21.04.2025 and numbered 71060 of the Capital Markets Board that it was approved by the decision of the Capital Markets Board dated 18.04.2025 and numbered 24/690. The English translation of this statement is attached hereto and in case of any discrepancy in the texts of the statement, the Turkish version shall prevail.

Supplementary Documents

Appendix: 1	Kartonsan Onaylı İhraç Belgesi ve Eki (SPK Onaylı).pdf
Appendix: 2	Kartonsan Borçlanma Aracı İhracı SPK Başvuru Formu_14032025.pdf