TÜRKİYE VAKIFLAR BANKASI T.A.O.

Capital/Financing Update • Sep 30, 2024

Summary Info	About the Sustainable Eurobond Issuance
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Completion of the Sale

Board Decision Date	27.09.2024

Related Issue Limit Info

Currency Unit	USD
Limit	3.000.000.000
Issue Limit Security Type	Green/Sustainability-Themed Capital Market Instruments
Sale Type	Oversea
Domestic / Oversea	Oversea
Capital Market Board Approval Date	08.02.2024

Capital Market Instrument To Be Issued Info

Type	Sustainable Bill
Maturity Date	07.01.2030
Maturity (Day)	1.918
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	07.10.2024
Nominal Value of Capital Market Instrument Sold	500.000.000
Maturity Starting Date	07.10.2024
Issue Exchange Rate	1
Interest Rate Type	Fixed Rate
Traded in the Stock Exchange	No
Payment Type	Foreign Exchange Payment
ISIN Code	XS2913966318
Coupon Number	1
Currency Unit	USD
Coupon Payment Frequency	Single Coupon

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Was The Payment Made?
1	07.01.2030
Principal/Maturity Date Payment Amount	07.01.2030

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)	17.09.2024	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+	30.09.2024	No

Does the originator have a rating note?	No

Additional Explanations

Reference: VakıfBank Public Disclosure Dated September 30, 2024 It was announced with the referred disclosure that; the Bank planned to issue a 5.25 year term, U.S. dollar-denominated ‘'Sustainable Eurobond'' depending on the market conditions and consortium consisting of international banks has been authorized for the this transaction. Within this context, book-building process in relation to the Sustainable Eurobond issuance has been completed. The yield and the coupon rate have been set at 6.95% and 6.875%, respectively, for USD 500 million fixed rate notes with semi-annual interest payment, having a maturity on January 7th, 2030 with a term of 5.25 years According to the CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.