TÜRK TELEKOMÜNİKASYON A.Ş.

Capital/Financing Update • Dec 3, 2021

Summary Info	Resolution on domestic debt securities issuance and CMB application
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	Yes

Authorized Member Decision Date	09.04.2021
Issue Limit	500.000.000
Currency Unit	TRY
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Application Date	03.12.2021

Additional Explanations

Our Company's Board of Directors resolved in accordance with the Capital Markets Law No. 6362, the Communiqué on Borrowing Instruments numbered VII-128.8 and other relevant legislation and Article 7 of the Articles of Association of our Company titled "Issue of Debt Securities, Bonds and Similar Securities", that, provided that the necessary procedures are carried out and completed in accordance with the relevant legislation, in particular the Capital Market Legislation, the Company shall issue Turkish Lira denominated debt instrument(s) within the domestic market to be sold to qualified investors without public offering, in single or multiple tranches, with different maturities up to maximum 5 (five) years and in the form of bonds and / or bills not exceeding TL 500,000,000 (Five hundred million Turkish Lira) in total, and that the Company shall apply to Capital Markets Board for the issuance of debt instruments. Pursuant to that resolution, our Company has applied to the Capital Markets Board for the necessary approvals today. About the debt instruments issuance mentioned in this disclosure, in order to ensure that the legitimate interests of our Company and our investors are protected and to evaluate different possibilities in the issuance process and/or a possible deferral for more appropriate market conditions, until the completion of related studies, the disclosure of insider information was decided to be postponed according to article 6 of the Material Events Disclosure Communiqué numbered II-15.1 by the Capital Markets Board (CMB). We issue this disclosure pursuant to the relevant legislations, based on the fact that the reasons for postponement have been removed.