TÜRKİYE VAKIFLAR BANKASI T.A.O.

Capital/Financing Update • May 25, 2022

Summary Info	The Determination of the Fourth Coupon rate of Turkish Lira overnight benchmark interest rate indexed bonds with TRFVKFB52215 ISIN code
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Coupon Rate Determination

Board Decision Date	26.06.2020

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 Instrument To Be Issued Info

Type	Bill
Maturity Date	26.05.2022
Maturity (Day)	364
Sale Type	Sale To Qualified Investor
ISIN Code	TRFVKFB52215
Title Of Intermediary Brokerage House	VAKIF YATIRIM MENKUL DEĞERLER A.Ş.
Starting Date of Sale	26.05.2021
Ending Date of Sale	26.05.2021
Maturity Starting Date	27.05.2021
Nominal Value of Capital Market Instrument Sold	600.000.000
Coupon Number	4

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Record Date	Payment Date	Interest Rate (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	26.08.2021	25.08.2021	26.08.2021	4,89	29.340.000		Yes
2	25.11.2021	24.11.2021	25.11.2021	4,5144	27.086.400		Yes
3	24.02.2022	23.02.2022	24.02.2022	3,7602	22.561.200		Yes
4	26.05.2022	25.05.2022	26.05.2022	3,6075
Principal/Maturity Date Payment Amount	26.05.2022	25.05.2022	26.05.2022

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	01.04.2022	Yes

Does the capital market instrument have a rating note?	No

Additional Explanations

Reference: VakıfBank Public Disclosure Dated May 27, 2021. It was announced with the referred disclosure that Turkish Lira overnight benchmark interest rate indexed bonds amounting TL 600,000,000 with 364 days maturity to be sold qualified investors had been issued. In this context; the fourth coupon rate of the bond amounting TL600,000,000 with a maturity of 364 days has been determined as 3.6075%. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.