SASA POLYESTER SANAYİ A.Ş.

Transaction in Own Shares • Dec 12, 2022

Summary Info	Cancellation of Board Decision Regardig Share Buy-Back and Termination of Buy-Back Transactions
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Company Performs the Buy-Back	SASA POLYESTER SANAYİ A.Ş.
Company Subject to Buy-Back	SASA POLYESTER SANAYİ A.Ş.

Type Of Buy-Back	Other
Board Decision Date	21.10.2021
Maximum Amount To Be Paid (TL)	500.000.000

Details of Buy-Back

Code of Share Subject to Buy-back	Transaction Date	Nominal Value of Shares Subject to Transaction (TRY)	Ratio To Capital (%)	Transaction Price (TRY / Unit)	Privileges, If Any, Associated With These Shares
SASA, TRASASAW91E4	25.02.2022	955.000	0,085	44,62	-
SASA, TRASASAW91E4	03.10.2022	750.000	0,033	70,29

Completion of Buy-Back

Code of Share Subject to Buy-back	The Maximum Price Paid For The Buy-Backed Shares (TRY / Unit)	The Average Price Paid For The Buy-Backed Shares (TRY / Unit)	The Cost-Of Buy-Back Program (TRY)	Source Used in the Buy-Back Process	Total Number Of Buy-Backed Shares	Ratio Of Buy-Backed Shares To Capital (%)
SASA, TRASASAW91E4	71,25	55,914	95.333.116	iç kaynak	1.705.000	0,075

Additional Explanations

At our Board of Directors' meeting dated 21 October 2022, within the framework of the announcements made by the Capital Markets Board regarding the Buy-Backed Shares on 21 July 2016 and on 25 July 2016; it was decided to execute buy-back transactions on the Stock Exchange for Sasa shares by Sasa Polyester Sanayi A.Ş., and the maximum amount of funds reserved for share buy-back to be TRY 500,000,000 and covered by the company's internal resources, and the maximum number of shares to be buy-backed not to exceed this amount.

Within the scope of the said decision and the determined limit of TRY 500,000,000; 1,705,000 lots of shares have been repurchased so far with a total amount of TRY 95,333,116, and all of the said shares have been used in the early redemption of the Convertible Bonds issued abroad by converting them into shares.

In line with the aim of using Company's resources primarily in the ongoing Fiber Investment and Textile Chips, Bottle Chips, Pet Chips Investment in the upcoming period, and considering the developments in the credit and capital markets, it has been unanimously decided at the meeting of our Board of Directors dated 12 December 2022 (today) to cancel the unused portion of TRY 404,666,884 of the buy-back limit determined by the Board of Directors Decision dated 21 October 2021.

In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the original Turkish version shall prevail. SASA disclaims all warranties and makes no representations about the accuracy or completeness of the English translation and assumes no liability for any errors, omissions or inaccuracies that may arise from use of this translation