ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

Capital/Financing Update • Dec 26, 2022

Summary Info	Tenth Coupon Payment on the Corporate Bond with the ISIN Code of TRSZORN32312
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Coupon Payment

Board Decision Date	21.06.2021

Related Issue Limit Info

Currency Unit	TRY
Limit	950.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	14.07.2021

Capital Market Instrument To Be Issued Info

Intended Nominal Amount	99.750.000
Intended Maximum Nominal Amount	99.750.000
Central Securities Depository	Merkezi Kayıt Kuruluşu AŞ
The country where the issue takes place	Türkiye
Type	Bond
Maturity Date	16.03.2023
Maturity (Day)	385
Interest Rate Type	Floating Rate
Floating Rate Reference	TREASURY
Additional Return	4,50%
Sale Type	Sale To Qualified Investor
ISIN Code	TRSZORN32312
Title Of Intermediary Brokerage House	AK YATIRIM MENKUL DEĞERLER A.Ş.
Payment Type	TL Payment
Traded in the Stock Exchange	Yes
Maturity Starting Date	24.02.2022
Nominal Value of Capital Market Instrument Sold	99.750.000
Issue Price	1
Coupon Number	12
Currency Unit	TRY
Coupon Payment Frequency	Monthly

Redemption Plan of Capital Market Instrument Sold

Coupon Number	Payment Date	Record Date	Payment Date	Interest Rate - Periodic (%)	Interest Rate - Yearly Simple (%)	Interest Rate - Yearly Compound (%)	Payment Amount	Exchange Rate	Was The Payment Made?
1	28.03.2022	25.03.2022	28.03.2022	2,7179	31,001	35,7809	2.711.105,25		Yes
2	27.04.2022	26.04.2022	27.04.2022	2,548	31,0007	35,8149	2.541.630		Yes
3	27.05.2022	26.05.2022	27.05.2022	2,548	31,0007	35,8149	2.541.630		Yes
4	27.06.2022	24.06.2022	27.06.2022	2,6329	31,0003	35,7971	2.626.317,75		Yes
5	27.07.2022	26.07.2022	27.07.2022	2,548	31,0007	35,8149	2.541.630		Yes
6	26.08.2022	25.08.2022	26.08.2022	2,548	31,0007	35,8149	2.541.630		Yes
7	26.09.2022	23.09.2022	26.09.2022	2,6329	31,0003	35,7971	2.626.317,75		Yes
8	26.10.2022	25.10.2022	26.10.2022	2,548	31,0007	35,8149	2.541.630		Yes
9	25.11.2022	24.11.2022	25.11.2022	2,548	31,0007	35,8149	2.541.630		Yes
10	26.12.2022	23.12.2022	26.12.2022	2,6329	31,0003	35,7971	2.626.317,75		Yes
11	25.01.2023	24.01.2023	25.01.2023	2,548	31,0007	35,8149
12	16.03.2023	15.03.2023	16.03.2023
Principal/Maturity Date Payment Amount	16.03.2023	15.03.2023	16.03.2023

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
JCR Avrasya Derecelendirme A.Ş.	A- (tr) - Uzun Vadeli Ulusal Not	09.08.2022	Yes

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

The tenth coupon payment amounting to TL 2,626,317.75 on the TL 99,750,000 nominally valued corporate bond, which was sold to qualified investors on February 24, 2022 with a maturity of 385 days and trades with the ISIN Code of TRSZORN32312, was made as of today. This statement has been 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.