TÜRKİYE VAKIFLAR BANKASI T.A.O.

Capital/Financing Update • Mar 14, 2022

Summary Info	The Eighteenth Coupon Payment of the Subordinated Notes issuance to sell qualified investors who is domiciled in domestic only.
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	10.08.2017

Related Issue Limit Info

Currency Unit	TRY
Limit	3.000.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic

Capital Market Instrument To Be Issued Info

Type	Bond
Maturity Date	06.09.2027
Maturity (Day)	3.640
Interest Rate Type	Floating Rate
Sale Type	Sale To Qualified Investor
ISIN Code	TRSVKFB92719
Maturity Starting Date	18.09.2017
Nominal Value of Capital Market Instrument Sold	525.000.000
Issue Price	1
Coupon Number	40

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Record Date	Payment Date	Interest Rate (%)	Interest Rate - Yearly Simple (%)	Interest Rate - Yearly Compound (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	18.12.2017	15.12.2017	18.12.2017	3,4894			18.319.350		Yes
2	19.03.2018	16.03.2018	19.03.2018	3,9469			20.721.225		Yes
3	18.06.2018	14.06.2018	18.06.2018	4,0408			21.214.200		Yes
4	17.09.2018	14.09.2018	17.09.2018	4,7569			24.973.725		Yes
5	17.12.2018	14.12.2018	17.12.2018	6,6168			34.738.200		Yes
6	18.03.2019	15.03.2019	18.03.2019	5,1045			26.798.625		Yes
7	17.06.2019	14.06.2019	17.06.2019	4,718			24.769.500		Yes
8	16.09.2019	13.09.2019	16.09.2019	5,6857			29.849.925		Yes
9	16.12.2019	13.12.2019	16.12.2019	4,5559			23.918.475		Yes
10	16.03.2020	13.03.2020	16.03.2020	3,8009			19.954.725		Yes
11	15.06.2020	12.06.2020	15.06.2020	3,6726			19.281.150		Yes
12	14.09.2020	11.09.2020	14.09.2020	3,4655			18.193.875		Yes
13	14.12.2020	11.12.2020	14.12.2020	4,0914			21.479.850		Yes
14	15.03.2021	12.03.2021	15.03.2021	4,145			21.761.250		Yes
15	14.06.2021	11.06.2021	14.06.2021	4,417			23.189.250		Yes
16	13.09.2021	10.09.2021	13.09.2021	5,3173			27.915.825		Yes
17	13.12.2021	10.12.2021	13.12.2021	5,0252			26.382.300		Yes
18	14.03.2022	11.03.2022	14.03.2022	6,0838			31.939.950		Yes
19	13.06.2022	10.06.2022	13.06.2022	6,9906
20	12.09.2022	09.09.2022	12.09.2022
21	12.12.2022	09.12.2022	12.12.2022
22	13.03.2023	10.03.2023	13.03.2023
23	12.06.2023	09.06.2023	12.06.2023
24	11.09.2023	08.09.2023	11.09.2023
25	11.12.2023	08.12.2023	11.12.2023
26	11.03.2024	08.03.2024	11.03.2024
27	10.06.2024	07.06.2024	10.06.2024
28	09.09.2024	06.09.2024	09.09.2024
29	09.12.2024	06.12.2024	09.12.2024
30	10.03.2025	07.03.2025	10.03.2025
31	10.06.2025	09.06.2025	10.06.2025
32	08.09.2025	05.09.2025	08.09.2025
33	08.12.2025	05.12.2025	08.12.2025
34	09.03.2026	06.03.2026	09.03.2026
35	08.06.2026	05.06.2026	08.06.2026
36	07.09.2026	04.09.2026	07.09.2026
37	07.12.2026	04.12.2026	07.12.2026
38	08.03.2027	05.03.2027	08.03.2027
39	07.06.2027	04.06.2027	07.06.2027
40	06.09.2027	03.09.2027	06.09.2027
Principal/Maturity Date Payment Amount

Additional Explanations

Reference: VakıfBank Public Disclosure Dated August 14, 2017, August 15, 2017, August 25, 2017,September 18, 2017, and September 20, 2017 The eighteenth coupon payment of above mentioned subordinated notes (Tier II) TL 525,000,000 nominal amount with floating rate (interest payable every quarter) notes, with a structure of 10NC5 have been completed as of today. The next coupon rate for the issued bond has been determined as 6.9906%. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.