TÜRKİYE VAKIFLAR BANKASI T.A.O.

Capital/Financing Update • Nov 3, 2022

Summary Info	The Determination of the Fourth Coupon rate of Turkish Lira overnight benchmark interest rate indexed bonds with TRFVKFBK2216 ISIN code
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Subject of Notification	Coupon Rate Determination
Reason of Correction	There is no correction.

Board Decision Date	03.06.2021

Related Issue Limit Info

Currency Unit	TRY
Limit	30.000.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Public Offering-Private Placement-Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	08.07.2021

Capital Market Instrument To Be Issued Info

Central Securities Depository	MKK
The country where the issue takes place	Türkiye
Type	Bill
Maturity Date	04.11.2022
Maturity (Day)	359
Interest Rate Type	Floating Rate
Floating Rate Reference	TLREF
Additional Return	0,5
Sale Type	Sale To Qualified Investor
ISIN Code	TRFVKFBK2216
Title Of Intermediary Brokerage House	VAKIF YATIRIM MENKUL DEĞERLER A.Ş.
Payment Type	TL Payment
Starting Date of Sale	09.11.2021
Ending Date of Sale	09.11.2021
Traded in the Stock Exchange	No
Maturity Starting Date	10.11.2021
Nominal Value of Capital Market Instrument Sold	270.000.000
Issue Price	1
Coupon Number	4
Currency Unit	TRY
Coupon Payment Frequency	Quarterly

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Record Date	Payment Date	Interest Rate - Periodic (%)	Interest Rate - Yearly Simple (%)	Interest Rate - Yearly Compound (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	09.02.2022	08.02.2022	09.02.2022	3,9139	15,6985	16,648	10.567.530		Yes
2	10.05.2022	09.05.2022	10.05.2022	3,654	14,4691	15,6673	9.865.800		Yes
3	08.08.2022	05.08.2022	08.08.2022	3,695	14,9853	15,8528	9.976.500		Yes
4	04.11.2022	03.11.2022	04.11.2022	3,2093
Principal/Maturity Date Payment Amount	04.11.2022	03.11.2022	04.11.2022

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
Fitch Ratings	AA(tur) (Negatif İzleme) / Ulusal Uzun Vadeli Not	26.07.2022	Yes

Does the capital market instrument have a rating note?	No

Additional Explanations

Reference: VakıfBank Public Disclosure Dated November 10, 2021. It was announced with the referred disclosure that Turkish Lira overnight benchmark interest rate indexed bonds amounting TL 270,000,000 with 359 days maturity to be sold qualified investors had been issued. In this context; the fourth coupon rate of the bond amounting TL 270,000,000 with a maturity of 359 days has been determined as 3.2093%. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.