ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

Capital/Financing Update • Nov 24, 2022

Summary Info	Fifth Coupon Payment and Redemption of the Corporate Bond with the ISIN Code of TRSZORNK2215
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Redemption

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	110.270.000
Intended Maximum Nominal Amount	110.270.000
Central Securities Depository	Merkezi Kayıt Kuruluşu AŞ
The country where the issue takes place	Türkiye
Type	Bond
Maturity Date	24.11.2022
Maturity (Day)	427
Interest Rate Type	Floating Rate
Floating Rate Reference	TLREF
Additional Return	4,50%
Sale Type	Sale To Qualified Investor
ISIN Code	TRSZORNK2215
Title Of Intermediary Brokerage House	AK YATIRIM MENKUL DEĞERLER A.Ş.
Payment Type	TL Payment
Traded in the Stock Exchange	Yes
Maturity Starting Date	23.09.2021
Nominal Value of Capital Market Instrument Sold	110.270.000
Issue Price	1
Coupon Number	5
Currency Unit	TRY
Coupon Payment Frequency	Quarterly

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	22.12.2021	21.12.2021	22.12.2021	6,1644	25,0001	27,4556	6.797.483,88		Yes
2	23.03.2022	22.03.2022	23.03.2022	6,2329	25,0001	27,4456	6.873.018,83		Yes
3	21.06.2022	20.06.2022	21.06.2022	6,1644	25,0001	27,4556	6.797.483,88		Yes
4	20.09.2022	19.09.2022	20.09.2022	6,2329	25,0001	27,4456	6.873.018,82		Yes
5	24.11.2022	23.11.2022	24.11.2022	4,4521	25,0003	27,7107	4.909.330,61		Yes
Principal/Maturity Date Payment Amount	24.11.2022	23.11.2022	24.11.2022				110.270.000		Yes

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

TL 110,270,000 nominally valued Corporate Bond, which was sold to qualified investors on September 23, 2021 with a maturity of 427 days and with the ISIN Code of TRSZORNK2215, was redeemed as of today (November 24, 2022) with the completion of the fifth coupon payment amounting to TL 4,909,330.61 and the principal payment of TL 110,270,000. 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.