VESTEL ELEKTRONİK SANAYİ VE TİCARET A.Ş.

Capital/Financing Update • Jul 10, 2020

Summary Info	Issuance of a Corporate Green Bond with a Floating Coupon Payment to Qualified Investors
Update Notification Flag	No
Correction Notification Flag	Yes
Postponed Notification Flag	No
Reason of Correction	The issue price is corrected as TL 1.

Board Decision Date	19.12.2019

Related Issue Limit Info

Currency Unit	TRY
Limit	750.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic

Capital Market Instrument To Be Issued Info

Intended Nominal Amount	50.380.000
Intended Maximum Nominal Amount	50.380.000
Type	Bond
Maturity Date	07.07.2022
Maturity (Day)	728
Interest Rate Type	Floating Rate
Interest Rate - Periodic (%)	3.0399
Sale Type	Sale To Qualified Investor
ISIN Code	TRSVSTL72227
Starting Date of Sale	06.07.2020
Ending Date of Sale	08.07.2020
Maturity Starting Date	09.07.2020
Nominal Value of Capital Market Instrument Sold	50.380.000
Issue Price	1
Coupon Number	8

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	08.10.2020	07.10.2020	08.10.2020	3,0399	12,193	12,1986
2	07.01.2021	06.01.2021	07.01.2021
3	08.04.2021	07.04.2021	08.04.2021
4	08.07.2021	07.07.2021	08.07.2021
5	07.10.2021	06.10.2021	07.10.2021
6	06.01.2022	05.01.2022	06.01.2022
7	07.04.2022	06.04.2022	07.04.2022
8	07.07.2022	06.07.2022	07.07.2022
Principal/Maturity Date Payment Amount	07.07.2022	06.07.2022	07.07.2022

Additional Explanations

Vestel Elektronik has announced on March 20, 2020 that the Capital Markets Board had approved the Company's application to issue debt instruments up to a nominal value of TL 750 mn and with a maximum maturity of 5 years for sale in single or multiple tranches to qualified investors in the domestic market. Within this scope, the Company completed the sale of a TL 50,380,000 corporate green bond with floating coupon payments with a maturity of 728 days to domestic qualified investors on July 9, 2020. Garanti Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue. The "Second Party Opinion" for the "Green Bond" issuance obtained from Vigeo Eiris with the best evaluation and the "Green Bond Framework" prepared in this context are provided in the attachment.

Supplementary Documents

Appendix: 1	Vestel Green Bond Framework.pdf
Appendix: 2	Vigeo Eiris SPO.pdf