Ref: Our public disclosure dated 25.03.2024. The process of book building which is stated in the public disclosure dated 25.03.2024 has been completed; in this context, issuance of a perpetual Additional Tier 1 Notes (AT1) abroad with the nominal amount of USD 500 million, having the particulars specified in the BRSA's Regulation on Equity of the Banks in compliance with the conditions mentioned in the Article 7 entitled "Additional Tier 1 Capital", which have the call option subject to approval of the BRSA in all option dates mentioned below, with a coupon rate of 9,743% and semi-annual coupon payments is planned. The first call option can be exercised from 4 April 2029, corresponding to the 5th year of issuance, until 4 July 2029. In case our Bank does not exercise the call option, there is a call option on every semi-annual coupon payment date thereafter. The issuance is planned to be completed on 4 April 2029, following the receipt of necessary CMB approval. Additional Tier 1 Notes are perpetual. However, the maturity date is entered as 4 July 2034 in order to register the notes in the Central Securities Depository's (MKK) system. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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