ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

Capital/Financing Update • Sep 2, 2022

Summary Info	Issuance of a Discounted Commercial Paper 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	14.02.2022

Related Issue Limit Info

Currency Unit	TRY
Limit	1.200.000.000
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Approval Date	17.03.2022

Capital Market Instrument To Be Issued Info

Intended Nominal Amount	80.060.000
Intended Maximum Nominal Amount	80.060.000
Central Securities Depository	Merkezi Kayıt Kuruluşu AŞ
The country where the issue takes place	Türkiye
Type	Bill
Maturity Date	13.01.2023
Maturity (Day)	133
Interest Rate Type	Discounted
Interest Rate - Periodic (%)	12,2070
Interest Rate - Yearly Simple (%)	33,5004
Interest Rate - Yearly Compound (%)	37,1743
Sale Type	Sale To Qualified Investor
ISIN Code	TRFZORN12337
Title Of Intermediary Brokerage House	AK YATIRIM MENKUL DEĞERLER A.Ş.
Payment Type	TL Payment
Traded in the Stock Exchange	Yes
Maturity Starting Date	02.09.2022
Nominal Value of Capital Market Instrument Sold	80.060.000
Issue Price	0,89121
Coupon Number	0
Redemption Date	13.01.2023
Record Date	12.01.2023
Payment Date	13.01.2023
Principal/Maturity Date Payment Amount	80.060.000
Currency Unit	TRY

Rating

Does the issuer have a rating note?	Yes

Issuer Rating Note

Rating Company	Rating Note	Rating Date	Is it Investment Grade?
JCR AVRASYA DERECELENDİRME A.Ş.	J2 (tr) - Kısa Vadeli Ulusal Notu	09.08.2022	Yes

Does the capital market instrument have a rating note?	No

Does the originator have a rating note?	No

Additional Explanations

Zorlu Enerji has announced on March 18, 2022 that the Capital Markets Board had approved the Company's application to issue debt instruments up to a nominal value of TL 1,200,000,000 and with a maximum maturity of 5 years for sale in single or multiple tranches to qualified investors in the domestic market within one year following the receipt of the issuance certificate. Within this scope, the Company completed the sale of a TL 80,060,000 discounted commercial paper with a maturity of 133 days to qualified domestic investors on September 2, 2022. Ak Yatırım Menkul Değerler 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.