TURKCELL İLETİŞİM HİZMETLERİ A.Ş.

Capital/Financing Update • May 17, 2023

Summary Info	Announcement Regarding the Redemption of the Bond with ISIN Code TRFTCEL52317
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Subject of Notification	Redemption
Reason of Correction	Interest rates are shown with five digits after the decimal point.

Board Decision Date	28.04.2022

Related Issue Limit Info

Currency Unit	TRY
Limit	1.000.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Private Placement-Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	03.11.2022

Capital Market Instrument To Be Issued Info

Type	Bill
Maturity Date	17.05.2023
Maturity (Day)	175
Sale Type	Sale To Qualified Investor
Intended Nominal Amount	500.000.000
Intended Maximum Nominal Amount	500.000.000
The country where the issue takes place	Türkiye
Title Of Intermediary Brokerage House	ZİRAAT YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository	Merkezi Kayıt Kuruluşu A.Ş.
Starting Date of Sale	22.11.2022
Ending Date of Sale	22.11.2022
Nominal Value of Capital Market Instrument Sold	500.000.000
Maturity Starting Date	23.11.2022
Issue Price	1
Interest Rate Type	Fixed Rate
Interest Rate - Yearly Simple (%)	25,50000
Interest Rate - Yearly Compound (%)	27,19819
Traded in the Stock Exchange	Yes
Payment Type	TL Payment
ISIN Code	TRFTCEL52317
Coupon Number	1
Currency Unit	TRY
Coupon Payment Frequency	Single Coupon

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	17.05.2023	16.05.2023	17.05.2023	12,22603	61.130.149,92		Yes
Principal/Maturity Date Payment Amount	17.05.2023	16.05.2023	17.05.2023		500.000.000		Yes

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
JCR AVRASYA DERECELENDİRME A.Ş.	Uzun Vadeli Ulusal Notu / Long Term National Rating: AAA (Trk)	31.05.2022	Yes

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

Within the scope of our Company's announcement dated November 23, 2022, the redemption payment of the financial bond with ISIN code TRFTCEL52317 with a nominal amount of TRY500,000,000, a maturity of 175 days and an annual simple interest of 25.50000% was made on May 17, 2023.