TÜRKİYE VAKIFLAR BANKASI T.A.O.

Capital/Financing Update • Sep 8, 2023

Summary Info	CMB Approval of Foreign Debt Instrument Issuance under the GMTN Programme
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Completion of the Sale

Board Decision Date	28.08.2023

Related Issue Limit Info

Currency Unit	USD
Limit	1.000.000.000
Issue Limit Security Type	Green/Sustainability-Themed Capital Market Instruments
Sale Type	Oversea
Domestic / Oversea	Oversea
Capital Market Board Approval Date	31.08.2023

Capital Market Instrument To Be Issued Info

Type	Sustainable Bill
Maturity Date	12.10.2028
Maturity (Day)	1.857
Sale Type	Oversea
The country where the issue takes place	İrlanda
Is The Issued Capital Market Instrument Green/Sustainability-Themed?	Yes
Central Securities Depository	Euroclear
Ending Date of Sale	12.09.2023
Nominal Value of Capital Market Instrument Sold	750.000.000
Maturity Starting Date	12.09.2023
Issue Exchange Rate	1
Interest Rate Type	Fixed Rate
Traded in the Stock Exchange	Yes
Payment Type	Foreign Exchange Payment
ISIN Code	XS2677517497
Coupon Number	10
Currency Unit	USD
Coupon Payment Frequency	Once Every Six Months

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Was The Payment Made?
1	12.04.2024
2	14.10.2024
3	14.04.2025
4	13.10.2025
5	13.04.2026
6	12.10.2026
7	12.04.2027
8	12.10.2027
9	12.04.2028
10	12.10.2028
Principal/Maturity Date Payment Amount	12.10.2028

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
Fitch Ratings	A+(tur) - Ulusal Uzun Vadeli Notu (National Long Term)	26.07.2022	Yes

Does the capital market instrument have a rating note?	Yes

Capital Market Instrument Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
Fitch Ratings	B-	05.09.2023	No

Additional Explanations

Reference: VakıfBank Public Disclosure dated September 5rd, 2023 It was announced with the referred disclosure that book-building process in relation to issuance of the Sustainable Eurobond had been completed. The yield and the coupon rate have been set at 9.125% and 9% respectively for USD 750 Million fixed rate notes with semi-annual interest payment, having a maturity on October 12st, 2028 with a term of 5 years and 1 month. Issuance certificate approved by CMB is enclosed herewith. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail

Supplementary Documents

Appendix: 1	Türkiye Vakıflar Bankası T.A.O. Tertip İhraç Belgesi.pdf