VESTEL ELEKTRONİK SANAYİ VE TİCARET A.Ş.

Capital/Financing Update • Aug 1, 2022

Summary Info	Issuance of a Corporate Bond with a Floating Coupon Payment to Qualified Investors
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Completion of the Sale

Board Decision Date	13.04.2022

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

Type	Bond
Maturity Date	25.08.2023
Maturity (Day)	389
Interest Rate Type	Floating Rate
Interest Rate - Periodic (%)	9,2247
ISIN Code	TRSVSTL82317
Ending Date of Sale	01.08.2022
Maturity Starting Date	01.08.2022
Nominal Value of Capital Market Instrument Sold	30.000.000
Coupon Number	4
Currency Unit	TRY

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	31.10.2022	28.10.2022	31.10.2022	9,2447	37	42,4638
2	30.01.2023	27.01.2023	30.01.2023
3	02.05.2023	28.04.2023	02.05.2023
4	25.08.2023	24.08.2023	25.08.2023
Principal/Maturity Date Payment Amount	25.08.2023	24.08.2023	25.08.2023

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
JCR-Eurasia Rating	A (Trk)/( Stabil Görünüm)	30.11.2021	Yes

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

Vestel Elektronik has announced on April 13, 2022 that the Capital Markets Board had approved the Company's application to issue TL denominated debt instruments up to a nominal value of TL 750,000,000 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 30,000,000 corporate bond with floating coupon payments with a maturity of 389 days to domestic qualified investors on August 1, 2022. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue. This statement was translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.