ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

Capital/Financing Update • Jan 25, 2023

Summary Info	Third Coupon Payment on the Corporate Bond with the ISIN Code of TRSZORN52328
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No
Subject of Notification	Coupon Payment

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	38.460.000
Intended Maximum Nominal Amount	38.460.000
Central Securities Depository	Merkezi Kayıt Kuruluşu AŞ
The country where the issue takes place	Türkiye
Type	Bond
Maturity Date	18.05.2023
Maturity (Day)	386
Interest Rate Type	Floating Rate
Floating Rate Reference	TREASURY
Additional Return	4,50%
Sale Type	Sale To Qualified Investor
ISIN Code	TRSZORN52328
Title Of Intermediary Brokerage House	AK YATIRIM MENKUL DEĞERLER A.Ş.
Payment Type	TL Payment
Traded in the Stock Exchange	Yes
Maturity Starting Date	27.04.2022
Nominal Value of Capital Market Instrument Sold	38.460.000
Issue Price	1
Coupon Number	4
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	27.07.2022	26.07.2022	27.07.2022	7,7288	31,0001	34,7977	2.972.496,48		Yes
2	26.10.2022	25.10.2022	26.10.2022	7,7288	31,0001	34,7977	2.972.496,48		Yes
3	25.01.2023	24.01.2023	25.01.2023	7,7288	31,0001	34,7977	2.972.496,48		Yes
4	18.05.2023	17.05.2023	18.05.2023	9,5973	31,0001	34,4488
Principal/Maturity Date Payment Amount	18.05.2023	17.05.2023	18.05.2023

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 third coupon payment amounting to TL 2,972,496.48 on the TL 38,460,000 nominally valued corporate bond, which was sold to qualified investors on April 27, 2022 with a maturity of 386 days and trades with the ISIN Code of TRSZORN52328, 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.