ZORLU ENERJİ ELEKTRİK ÜRETİM A.Ş.

Capital/Financing Update • Jan 13, 2023

Summary Info	Twelfth Coupon Payment and Redemption of the Corporate Bond with the ISIN Code of TRSZORN12314
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	54.300.000
Intended Maximum Nominal Amount	54.300.000
Central Securities Depository	Merkezi Kayıt Kuruluşu AŞ
The country where the issue takes place	Türkiye
Type	Bond
Maturity Date	13.01.2023
Maturity (Day)	366
Interest Rate Type	Floating Rate
Floating Rate Reference	TREASURY
Additional Return	5,00%
Sale Type	Sale To Qualified Investor
ISIN Code	TRSZORN12314
Title Of Intermediary Brokerage House	AK YATIRIM MENKUL DEĞERLER A.Ş.
Payment Type	TL Payment
Traded in the Stock Exchange	Yes
Maturity Starting Date	12.01.2022
Nominal Value of Capital Market Instrument Sold	54.300.000
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	11.02.2022	10.02.2022	11.02.2022	2,5891	31,5007	36,4787	1.405.881,29		Yes
2	14.03.2022	11.03.2022	14.03.2022	2,6754	31,5007	36,4607	1.452.742,2		Yes
3	14.04.2022	13.04.2022	14.04.2022	2,6754	31,5007	36,4607	1.452.742,2		Yes
4	16.05.2022	13.05.2022	16.05.2022	2,7617	31,5006	36,4428	1.499.603,09		Yes
5	16.06.2022	15.06.2022	16.06.2022	2,6754	31,5007	36,4607	1.452.742,2		Yes
6	14.07.2022	13.07.2022	14.07.2022	2,4165	31,5008	36,5147	1.312.159,49		Yes
7	15.08.2022	12.08.2022	15.08.2022	2,7617	31,5006	36,4428	1.499.603,09		Yes
8	15.09.2022	14.09.2022	15.09.2022	2,6754	31,5007	36,4607	1.452.742,2		Yes
9	17.10.2022	14.10.2022	17.10.2022	2,7617	31,5006	36,4428	1.499.603,09		Yes
10	16.11.2022	15.11.2022	16.11.2022	2,5891	31,5007	36,4787	1.405.881,29		Yes
11	16.12.2022	15.12.2022	16.12.2022	2,5891	31,5007	36,4787	1.405.881,29		Yes
12	13.01.2023	12.01.2023	13.01.2023	2,4165	31,5008	36,5147	1.312.159,42		Yes
Principal/Maturity Date Payment Amount	13.01.2023	12.01.2023	13.01.2023				54.300.000		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 54,300,000 nominally valued Corporate Bond, which was sold to qualified investors on January 12, 2022 with a maturity of 366 days and with the ISIN Code of TRSZORN12314, was redeemed as of today (January 13, 2023) with the completion of the twelfth coupon payment amounting to TL 1,312,159.42 and the principal payment of TL 54,300,000. 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.